The earnings call presented a challenging quarter for Crown Crafts, marked by a decrease in net sales and a net loss due to increased tariffs and inventory shortages. However, there were several positive developments, including the extension of the Disney license agreement, encouraging sales figures in July, and the continuation of shareholder dividends. Overall, while the company faces significant challenges, there are also promising opportunities and initiatives underway.
Company Guidance
During the Crown Crafts, Inc. fiscal year 2026 first quarter conference call, the guidance highlighted several key financial metrics and strategic efforts. The company reported a 4.5% decrease in net sales to $15.5 million, primarily due to inventory shortages and high tariffs, despite increased sales in bedding and diaper bags following the Baby Boom acquisition. Gross profit dropped by $448,000, with a margin decrease from 24.5% to 22.7% of net sales, largely due to increased tariff costs. Marketing and administrative expenses rose by $454,000, representing 30.5% of net sales, driven by acquisition-related costs and heightened advertising efforts. The company recorded a net loss of $1.1 million, or $0.10 per diluted share. Despite these challenges, Crown Crafts maintained a solid balance sheet, with inventories rising by 13.6% to $31.6 million, cash and cash equivalents totaling $227,000, and $12.2 million available under its revolving line of credit. Additionally, the company declared an $0.08 per share cash dividend, emphasizing its commitment to shareholder returns. The call also focused on strategic initiatives, such as expanding licensed product offerings with Disney and exploring new market opportunities, despite an uncertain tariff environment.
Disney License Agreement Extension
Crown Crafts has extended its license agreement with Disney, which now includes sales in Canada and diaper bags as licensed products.
Positive Sales Outlook
Encouraging sales numbers for July with cautious optimism for the rest of the fiscal year.
Baby Boom Acquisition
Increase in sales of bedding and diaper bags due to the Baby Boom acquisition.
Dividend Declaration
Declared an $0.08 per share cash dividend to shareholders, continuing a long history of returning value to shareholders.
Plush Figure Sales in Shanghai LEGOLAND
Initial sales exceeded expectations with a reorder placed for plush figures in Shanghai LEGOLAND.
Crown Crafts (CRWS) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CRWS Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Aug 13, 2025
$2.85
$2.80
-1.75%
Jun 25, 2025
$3.20
$2.84
-11.25%
Feb 12, 2025
$4.26
$4.08
-4.23%
Nov 12, 2024
$4.19
$4.13
-1.43%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Crown Crafts (CRWS) report earnings?
Crown Crafts (CRWS) is schdueled to report earning on Nov 18, 2025, Before Open (Confirmed).
What is Crown Crafts (CRWS) earnings time?
Crown Crafts (CRWS) earnings time is at Nov 18, 2025, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.