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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Crown Crafts
Crown Crafts (CRWS) investor relations material
Crown Crafts Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2027 earnings summary12 Nov, 2026
Executive summary
Q2 FY2027 sales fell 19.7% YoY to $19.028M, while net income rose 13.8% to $1.317M and gross margin expanded to 32.0%.
H1 sales declined 8.6% to $35.794M; net income rose to $3.377M from $53K, largely reflecting tariff refund benefits.
Priorities include improving profitability and efficiency, developing higher-margin products and channels, and building on Groovy Girls’ reception in Canada.
Financial highlights
Q2 net sales were $19.028M vs. $23.695M; gross profit was $6.083M vs. $6.571M, and operating income was $1.564M vs. $1.863M YoY.
Q2 net income was $1.317M vs. $1.157M; diluted EPS was $0.12 vs. $0.11. H1 diluted EPS was $0.31 vs. $0.01.
H1 operating income was $4.363M vs. $664K; net sales were $35.794M vs. $39.173M.
Outlook and guidance
No forward-looking quarterly sales guidance was offered; management attributed a significant portion of the Q2 decline to the unusually strong year-ago comparison.
Priorities include higher-margin products and sales channels, marketing programs, operational efficiencies, and warehouse consolidation.
Warehouse consolidation is targeted for April–May 2028; a plan announcement may accompany FY year-end results in June.
Operating cash flow and available revolving credit are expected to be adequate for liquidity needs.
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Latest events from Crown Crafts
- Net income rebounded to $2.1M on 8.3% sales growth and a $3.7M tariff refund, boosting margins.CRWS
Q1 2027 - Key votes include director elections, incentive plan expansion, and auditor ratification.CRWSProxy filing
- Vote on director elections, incentive plan approval, and auditor ratification at the 2026 meeting.CRWSProxy filing
- Gross margin rose to 22.9% in Q4 as net sales held steady and profitability improved.CRWSQ4 2026
- Net income rose 69% despite lower sales, driven by insurance proceeds and cost controls.CRWSQ3 2026
- A $13.8M goodwill impairment led to a GAAP net loss despite stable sales and acquisitions.CRWSQ4 2025
- Acquisitions and new licenses drive growth, with $87.6M in sales and Baby Boom adding $20M.CRWS15th Annual Midwest IDEAS Investor Conference
- Sales and margins declined, but Baby Boom acquisition and debt reduction support future growth.CRWSQ1 2025
- Net income fell to $893K as sales and margins declined, with tariffs and costs posing future risks.CRWSQ3 2025
Next Crown Crafts earnings date
Q3 202710 Feb, 2027
Crown Crafts
Next Crown Crafts earnings date
Q3 202710 Feb, 2027
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Frequently asked questions
Crown Crafts Inc is a manufacturer and distributor in the infant, toddler, and juvenile consumer products industry. The company specializes in designing, marketing, and distributing a broad range of products including bedding, blankets, and other nursery accessories through its wholly-owned subsidiaries, Crown Crafts Infant Products, Inc., and Hamco, Inc. It is headquartered in Gonzales, Louisiana, and its shares are listed on the NASDAQ under the symbol CRWS.