Crown Crafts Inc (NAS:CRWS)
$ 2.82 +0.20 (+7.75%) Market Cap: 30.34 Mil Enterprise Value: 49.54 Mil PE Ratio: 6.00 PB Ratio: 0.75 GF Score: 61/100

Q3 2026 Crown Crafts Inc Earnings Call Transcript

Feb 11, 2026 / 02:00 PM GMT
Release Date Price: $3.01 (-3.83%)

Key Points

Positve
  • Net income increased to $1.5 million from $900,000 a year ago, showcasing improved profitability.
  • The company successfully executed pricing and cost actions to offset a challenging sales environment.
  • Crown Crafts Inc (CRWS) announced the relaunch of the Groovy Girls line, indicating strong internal product development.
  • The company maintained a solid balance sheet and liquidity position, with $10.6 million of additional availability under its revolving credit facility.
  • Insurance proceeds of $2.5 million positively impacted the quarter's income, demonstrating effective risk management.
Negative
  • Net sales for the third quarter decreased to $20.7 million from $23.4 million in the prior year quarter.
  • Gross margin declined to 23.5% from 26.1% due to higher tariffs and one-time costs.
  • Marketing and administrative expenses increased by $600,000 due to severance expenses related to operational consolidation.
  • The company faces ongoing challenges from elevated US tariffs and uncertainty from China-based suppliers.
  • The bedding category experienced softness, with consumers opting for lower-cost items, impacting revenue.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

CRWS.OQ - Crown Crafts Inc
Q3 2026 Crown Crafts Inc Earnings Call
Feb 11, 2026 / 02:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good Good day and welcome to the Crown Crafts Inc. 3rd quarter fiscal year 2026 conference call. All participants will be in listen-only mode. Should you need assistance, please signal a conference specialist by pressing the key followed by 0. After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press, then 1 on your telephone keypad. To withdraw your question, please press, then 2. Please note this event is being recorded. I would now like to turn the conference over to John McNamara with 3 part advisors. Please go ahead.

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Unidentified_2 [2]
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