Crown Crafts (CRWS) reported first quarter fiscal 2027 net sales of $16.8 million for the three-month period ended June 28, 2026, up from $15.5 million in the prior-year quarter.
The company posted net income of $2.1 million, or $0.19 per diluted share, compared with a net loss of $1.1 million, or $0.10 per diluted share, a year earlier. Gross profit margin rose to 47.9%, including the effect of tariff refunds recorded in the quarter.
- Net sales were $16.8 million, compared with $15.5 million a year earlier.
- Net income was $2.1 million, versus a net loss of $1.1 million in the prior-year period.
- Diluted earnings per share were $0.19, compared with a diluted loss per share of $0.10 last year.
- Gross profit was $8.0 million, benefiting from $3.7 million in tariff refunds recorded to cost of products sold.
- Gross profit margin was 47.9%; excluding tariff refunds, gross margin on net sales was 25.6%.
- The board declared a quarterly cash dividend of $0.03 per share, payable Oct. 2, 2026, to stockholders of record on Sept. 11, 2026.
$CRWS Hedge Fund Activity
We have seen 12 institutional investors add shares of $CRWS stock to their portfolio, and 16 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- LSV ASSET MANAGEMENT removed 47,286 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $134,292
- EVOKE WEALTH, LLC removed 40,000 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $113,600
- CITADEL ADVISORS LLC removed 30,478 shares (-48.0%) from their portfolio in Q1 2026, for an estimated $78,480
- BLACKROCK, INC. removed 28,489 shares (-100.0%) from their portfolio in Q2 2026, for an estimated $80,908
- SUSQUEHANNA INTERNATIONAL GROUP, LLP added 26,657 shares (+96.0%) to their portfolio in Q1 2026, for an estimated $68,641
- DIMENSIONAL FUND ADVISORS LP removed 23,056 shares (-12.5%) from their portfolio in Q2 2026, for an estimated $65,479
- RENAISSANCE TECHNOLOGIES LLC added 18,800 shares (+7.9%) to their portfolio in Q1 2026, for an estimated $48,410
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.