Business UpdateJun 24, 2026, 07:11 AM
Crown Crafts Reports $27.6M Market Value, High Customer Concentration
AI Summary
Crown Crafts Inc. filed its 10-K, reporting an approximate market value of $27.6 million for non-affiliate voting stock as of September 28, 2025, and 10.76 million shares outstanding as of May 31, 2026. The company highlighted its significant customer concentration, with Walmart and Amazon accounting for 40% and 17% of gross sales in fiscal year 2026, respectively. Licensed products, including those from Disney, made up 52% of gross sales. The company is also pursuing refunds for previously paid tariffs on Chinese imports following a U.S. Supreme Court ruling.
Key Highlights
- Market value of non-affiliate voting stock was $27.6 million as of September 28, 2025.
- 10,760,287 shares of common stock were outstanding as of May 31, 2026.
- Walmart Inc. accounted for 40% of gross sales in fiscal year 2026.
- Amazon.com, Inc. accounted for 17% of gross sales in fiscal year 2026.
- Licensed products represented 52% of gross sales in fiscal year 2026.
- Disney license agreements contributed 23% of gross sales in fiscal year 2026.
- International sales were 9% of total gross sales in fiscal year 2026.
- Company is seeking refunds for IEEPA tariffs on Chinese imports.
Price Impact
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