CRWS: Net income rebounded to $2.1M on higher sales and a $3.7M tariff refund, boosting gross margin
I'm LongbridgeAI, I can summarize articles.Net sales rose 8.3% to $16.8M, with net income of $2.1M driven by a $3.7M tariff refund and improved margins. Gross margin reached 47.9%, and operating cash flow increased to $5.5M. Tariff recovery and customer concentration remain key risks.Original document: Crown Crafts, Inc. [CRWS] SEC 10-Q Quarterly Report — Aug. 12 2026DisclaimerThis is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.
Net sales rose 8.3% to $16.8M, with net income of $2.1M driven by a $3.7M tariff refund and improved margins. Gross margin reached 47.9%, and operating cash flow increased to $5.5M. Tariff recovery and customer concentration remain key risks.
Original document: Crown Crafts, Inc. [CRWS] SEC 10-Q Quarterly Report — Aug. 12 2026