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Crown Crafts reports Q2 fiscal 2027 net income rise to $1.3M despite lower sales.

Company Fundamentals
12 Nov 2026, 23:05 WIB
GlobeNewsWire
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Bullish
Crown Crafts reports Q2 fiscal 2027 net income rise to $1.3M despite lower sales.

Crown Crafts, Inc. reported Q2 fiscal 2027 net sales of $19.0 million, down from $23.7 million the previous year, but net income rose to $1.3 million from $1.2 million due to improved gross profit margin and cost efficiencies. The gross margin increased to 32.0%, helped by tariff refunds and reduced expenses. The company declared a quarterly dividend and highlighted ongoing efforts to enhance profitability and reduce debt. Crown Crafts is optimistic about future growth driven by new products and sales channels.

Crown Crafts announced its Q2 fiscal 2027 financial results, reporting $19.0 million in net sales and a net income increase to $1.3 million. For readers following the Consumer Cyclical sector, here is Pluang's market snapshot as of Nov 13, 2026 04:12 WIB: Out of 134 priced US stocks, 22 rose and 112 fell. Notable movers include Allbirds Inc (BIRD) at USD 1.13 with a 10.32% decline and a typical hold time of 20 days, Quantumscape Corp (QS) at USD 3.89 down 7.60% with 100% buy order activity, and Alibaba Group (BABA) at USD 94.49 down 6.92% with a typical hold time of 115 days and 71% buy order activity.

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