Textile fabrics firm Culp's Q2 revenue falls

Culp

10/12/2025 22:41

Overview

Fabric provider's fiscal Q2 revenue declined yr/yr

Company's restructuring improved gross profit and reduced operating loss

Bedding segment sales grew both sequentially and yr/yr

Outlook

Company expects steady sales performance for fiscal 2026, especially in bedding segment

Company anticipates near break-even to positive adjusted EBITDA for third quarter

Company to aggressively manage liquidity and capital expenditures in fiscal 2026

Result Drivers

RESTRUCTURING IMPACT - Culp's restructuring initiatives in the bedding segment led to improved gross profit margins and sales growth both sequentially and year-over-year

TARIFF CHALLENGES - Tariff pressures and a weak housing market negatively impacted upholstery segment sales, which declined year-over-year

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Sales
Miss
$53.20 mln
$54.30 mln (1 Analyst)
Q2 EPS
-$0.34
Q2 Net Income
-$4.31 mln
Q2 Basic EPS
-$0.34
Q2 Gross Profit
$5.78 mln
Q2 Operating Income
-$3.46 mln


Press Release: ID:nBw3YpTkla

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)