Overview
* Crown Crafts ( CRWS ) Q2 fiscal 2026 revenue fell to $23.7 mln from $24.5 mln last year
* Net income for Q2 fiscal 2026 rose to $1.2 mln from $0.9 mln last year
* Company reduced marketing and administrative expenses, improving cost management
Outlook
* Company to consolidate operations to eliminate redundant costs and realize savings
* Crown Crafts ( CRWS ) aims to leverage acquisitions and expand product lines
* Company focuses on pricing actions to position for success as demand normalizes
Result Drivers
* COST MANAGEMENT - Reduced marketing and administrative expenses contributed to improved net income despite lower sales
* TARIFF IMPACT - Increased tariff costs on imports from China pressured gross margins
* PRODUCT SALES MIX - Sales of bedding and diaper bags decreased by $1.6 mln, while bibs, toys, and disposable products increased by $0.8 mln
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q2 $23.70
Revenue mln
Q2 Net $1.16
Income mln
Q2 Basic $0.11
EPS
Q2 Gross $6.57
Profit mln
Q2 $1.86
Operatin mln
g Income
Q2 $1.58
Pretax mln
Profit
Press Release:
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)