Crown Crafts returned to profitability in fiscal Q4 2026 with net income $0.3 million ($0.03 per share) versus a $10.8 million loss a year earlier on revenue of $22.4 million, down 3.4%. Gross margin rose to 22.9% (up 460 bps), expenses of $4.6 million, and cash flow exceeded $8 million.
Crown Crafts posted net income of $0.3 million ($0.03 per share) in the quarter ended March 29, 2026, reversing a prior-year net loss of $10.8 million ($1.04 per share) that included a $13.8 million goodwill impairment. Revenue declined 3.4% to $22.4 million from $23.2 million a year earlier, reflecting continued market challenges.
Gross margin expanded by 460 basis points to 22.9%, driven by strategic pricing initiatives and a more favorable mix of premium-margin products. Marketing and administrative expenses remained unchanged at $4.6 million, highlighting management’s discipline in controlling operating costs despite lower sales.
For fiscal 2026, the company generated over $8 million in operating cash flow and achieved net income of $1.8 million ($0.17 per share) on revenue of $82.3 million. Management cited strong brand performance and spending discipline as key contributors to improved full-year profitability in a challenging environment.
