{"filings":[{"id":1388876,"accession_number":"0001193125-26-292684","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2026-07-01T20:35:06+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp Q4 revenue up 6% YoY to $51.6M; net loss $0.18/diluted share; full-year loss $0.81","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 net sales $51.6M (+6% YoY); net loss $2.2M ($0.18 diluted EPS) vs $2.1M loss prior year.","Bedding segment sales $30.5M (+12.5% YoY); upholstery $21.1M (-2.5% YoY).","Full year net loss $10.2M ($0.81 diluted EPS) vs $19.1M loss prior year; adjusted EBITDA -$4.7M.","Received ~$7M in IEEPA tariff refunds in Q1 FY2027; expects net debt ~$5M at Q1 end.","Q1 FY2027 guidance: sales moderately improve sequentially and YoY; breakeven to positive adjusted EBITDA."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114043,"accession_number":"0001193125-26-102282","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2026-03-11T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp Q3 fiscal 2026 net loss $3.4M; sales down 8% YoY to $48.0M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated net sales of $48.0M vs $52.3M a year ago; bedding segment down 5%, upholstery down 12%.","Net loss of $3.4M ($0.27 diluted EPS), improved from prior-year loss $4.1M ($0.33 EPS).","Gross profit margin 11.1% vs 12.1% YoY; operating loss of $3.7M vs $3.9M.","Management notes $6-7M potential IEEPA tariff refund; completion of restructuring and integration initiatives.","Expects sequential consolidated sales growth in Q4, driven by bedding segment improvement."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.63,"consensus_revenue_estimate":null,"consensus_revenue_actual":151859000.0,"consensus_period":"2026-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114042,"accession_number":"0001193125-26-062497","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2026-02-23T23:59:59+00:00","items":["3.01","7.01","9.01"],"status":"ready","headline":"Culp voluntarily transfers stock listing from NYSE to Nasdaq, effective March 6","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Last NYSE trading day March 5, 2026; Nasdaq trading begins March 6, 2026 under symbol CULP.","CEO cites alignment with peer companies and completion of restructuring as reasons for transfer.","No change in ticker symbol or shareholder impact expected; transfer is seamless."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114041,"accession_number":"0001193125-26-024866","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2026-01-27T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Culp elects Mark Wilson as director to fill board vacancy","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mark Wilson elected to board effective Jan. 23, 2026, filling vacancy from Alexander B. Jones' resignation on Dec. 11, 2025.","Wilson is General Counsel for 22NW Fund, LP, a party to the June 2025 Cooperation Agreement that provided for this replacement.","Board determined Wilson is independent under NYSE rules; he will serve on the Strategy Committee.","Wilson receives standard non-employee director compensation: $55k annual cash retainer (prorated) and $55k annual equity grant, with grant after 2026 annual meeting."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":114040,"accession_number":"0001193125-26-015387","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2026-01-16T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Culp CFO Kenneth Bowling to retire by end of 2026; principal accounting officer Chandler resigns","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Kenneth R. Bowling, Culp's EVP, CFO and Treasurer, notified plan to retire at end of 2026 after ~30 years; will assist transition.","Ronald S. Chandler resigned as VP, Corporate Controller and principal accounting officer, effective February 13, 2026.","Bowling will assume interim principal accounting officer role after Chandler's departure.","Company initiated external search for Bowling's successor; Bowling continues with current compensation through Dec 31, 2026.","Both departures are not due to any disagreement with the company on operations, policies, or practices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":130436,"accession_number":"0001193125-25-314238","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2025-12-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp Q2 fiscal 2026 net loss narrows to $0.34 per share; bedding sales up 2%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $53.2M, down 4.5% YoY but up sequentially from $50.7M; net loss $4.3M vs $5.6M prior year.","Bedding segment sales $30.8M (+2% YoY); gross margin improved to 10.1% from 8.1% on restructuring.","Upholstery sales $22.4M (-12% YoY); gross margin dipped to 16.1% from 16.9% on weak housing and tariffs.","Adjusted EBITDA negative $1.0M, improved from negative $1.1M; Q3 guidance near break-even to positive adjusted EBITDA.","Expects over $20M annualized cost savings by fiscal 2027 from restructuring and platform optimization."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.36,"consensus_revenue_estimate":null,"consensus_revenue_actual":103893000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146983,"accession_number":"0001193125-25-216626","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2025-09-25T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Culp shareholders elect all eight directors, ratify auditor, approve say-on-pay","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All eight director nominees elected; votes for ranged from 7.38M to 9.20M, broker non-votes 1.48M.","Grant Thornton LLP ratified as independent auditor for FY2026: 10.68M for, 13,623 against.","Advisory say-on-pay resolution approved: 7.49M for, 1.68M against, 68,632 abstentions.","Meeting held September 24, 2025; all proposals passed with required votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146982,"accession_number":"0000950170-25-113998","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2025-09-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp Q1 FY2026 net loss narrows to $0.02/sh; bedding gross margin improves to 10.5%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Consolidated sales $50.7M (-10% YoY); gross margin 14.3% vs 9.0% prior year.","GAAP operating income $1.6M vs loss $(6.9)M; net loss $(231K) ($(0.02)/diluted) vs $(7.3M) ($(0.58)).","Bedding segment sales flat at $28.0M; gross profit turned positive to $2.9M (10.5%) vs negative prior year.","Upholstery sales $22.6M (-20% YoY) due to tariff-driven shipment pause; gross margin 18.9% vs 19.4%.","Guidance: sequential sales growth expected; Q2 adjusted EBITDA near breakeven to slightly positive."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":50691000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165492,"accession_number":"0000950170-25-089974","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2025-06-25T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Culp files Q4 FY2025 earnings and restructuring plan; no specific financial figures provided","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Press release (Ex.99.1) announces Q4 and FY2025 results; no numbers in filing text.","Restructuring presentation (Ex.99.2) details initiatives: discontinuation of mattress fabrics mfg in Quebec, consolidation in Haiti.","Other restructuring: move equipment from Knoxville to Burlington, rationalize Shanghai finishing, stop cut/sewn kits in Haiti.","Non-GAAP measures defined: adjusted EBITDA, free cash flow, net debt, return on capital employed.","Forward-looking statements and risk factors emphasized; company cautions about macroeconomic pressures."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165491,"accession_number":"0000950170-25-086879","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2025-06-16T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Culp extends Wells Fargo ABL facility to June 2028; borrowing base unchanged at $30M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Term extended three years; now matures June 12, 2028 (was previously January 2026).","Maximum revolving credit remains $30M with $2M letter-of-credit sublimit.","Interest rate: daily simple SOFR + 1.75% to 2.25% based on average monthly excess availability.","Springing fixed charge coverage ratio of 1.10x triggered when availability falls below $4.5M.","$120,000 amendment fee paid to Wells Fargo."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165490,"accession_number":"0000950170-25-084334","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2025-06-10T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Culp enters cooperation agreement with 22NW; nominates two new independent directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["22NW agrees to standstill through 2027 annual meeting; ownership capped at 15%.","Alexander Jones (22NW) renominated; Doug Collier and Lynn Heatherton nominated as independent directors.","Board size capped at 8 directors after 2025 annual meeting, 7 after 2026 meeting.","22NW will vote in line with Board recommendations, subject to proxy advisor exceptions.","Culp to reimburse 22NW up to $50,000 for out-of-pocket expenses related to the agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":165489,"accession_number":"0000950170-25-058079","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2025-04-24T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Culp appoints new COO and CCO, merges divisions, targets $3M in additional annual savings","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Mary Elizabeth Hunsberger appointed COO; Thomas Bruno appointed CCO as part of operating model integration.","Culp to merge its two divisions into one integrated business; will close Burlington, NC leased facility.","Integration expected to yield ~$3M annualized savings, incremental to $10-11M from prior restructuring.","Sale of Canadian facility expected to close within a week; proceeds to pay down borrowings."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":183142,"accession_number":"0000950170-25-033645","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2025-03-05T23:59:59+00:00","items":["2.02","5.02","7.01","9.01"],"status":"ready","headline":"Culp reports Q3 results, elects William L. Tyson to board, posts restructuring plan; financial details not in filing.","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Announced Q3 FY2025 earnings; specific financial results not available in filing.","Elected William L. Tyson to board, expanding size to eight directors; effective immediately.","Tyson appointed to Audit, Corporate Governance and Nominating, and Compensation Committees.","Tyson has 30+ years in investment banking, most recently head of M&A at Fifth Third Capital Markets.","Posted restructuring presentation on investor website; plan details not included in filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199716,"accession_number":"0000950170-24-133298","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2024-12-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Culp announces restructuring plan; discontinuing mattress fabrics ops in Quebec","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Gradual discontinuation of mattress fabrics manufacturing in Quebec, Canada; equipment relocation to Stokesdale, NC.","Consolidation of mattress fabrics sewn cover operation in Haiti from two buildings into one.","Rationalization of upholstery fabrics finishing operation in Shanghai, China.","Restructuring presentation posted on company website on December 4, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215736,"accession_number":"0000950170-24-109762","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2024-09-27T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Culp amends bylaws for universal proxy rules; shareholders reelect directors and ratify auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board approved bylaw amendments on Sept 26 to comply with SEC universal proxy rules, including new advance notice deadlines (90-120 days prior to annual meeting).","Shareholders at Sept 25 annual meeting reelected all seven director nominees (Baugh, Culp IV, Decker, Gatling, Jackson, Jones, Saxon).","Shareholders ratified Grant Thornton LLP as independent auditor for fiscal 2025.","Advisory say-on-pay resolution passed with 7.7M votes for, 1.6M against.","Bylaw changes also enhance informational requirements for shareholder proposals and nominations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215735,"accession_number":"0000950170-24-103482","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2024-09-04T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Culp reports Q1 results, unveils restructuring plan for mattress fabrics ops","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Reported Q1 FY2025 results for period ended July 28, 2024; financial details not available in this excerpt.","Announced restructuring plan for mattress fabrics ops including Quebec, Haiti, and Shanghai locations.","Posted restructuring presentation on investor website detailing plan to reposition mattress fabrics business.","Non-GAAP adjustments exclude restructuring charges related to Canada, Haiti, and China operations.","Management expects restructuring to improve profitability; no timeline or cost savings provided."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.58,"consensus_revenue_estimate":null,"consensus_revenue_actual":56537000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215734,"accession_number":"0000950170-24-096686","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2024-08-14T23:59:59+00:00","items":["1.01","5.02","9.01"],"status":"ready","headline":"Culp enters indemnification agreements with 15 directors and officers","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Agreements approved Aug 8, 2024, with directors, CEO, CFO, division presidents, and other officers.","Covered individuals include 9 directors and 6 executive officers (e.g., Bowling, Bruno, Hunsberger).","Standard indemnification to fullest extent under NC law, plus expense advancement and D&O insurance provisions.","No financial terms or new business arrangements disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215733,"accession_number":"0000950170-24-085476","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K/A","filed_at":"2024-07-23T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Culp names Mary Beth Hunsberger as Upholstery Fabrics president; Boyd Chumbley retires July 26","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Boyd Chumbley, President of Culp Upholstery Fabrics, retires effective July 26, 2024.","Mary Beth Hunsberger appointed President of the division effective July 27, 2024.","Chumbley will remain in an advisory role to support the Company strategically.","Retirement date finalized seven months after initial announcement on January 4, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235137,"accession_number":"0000950170-24-078473","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2024-06-27T23:59:59+00:00","items":["2.02","7.01","9.01"],"status":"ready","headline":"Culp reports Q4 FY2024 results and announces restructuring plan; no specific figures in filing text","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Filing includes earnings release for Q4 and fiscal year ended April 28, 2024.","Restructuring presentation posted to investor website (Exhibit 99.2) but details not provided in this text.","No financial metrics (EPS, revenue, segment data) available from the filing body.","Company describes non-GAAP measures (adjusted loss, free cash flow, Adjusted EBITDA, ROCE) in the release.","Restructuring plan titled 'Culp Positioning for the Future' presented; specific actions and costs unspecified here."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.11,"consensus_revenue_estimate":null,"consensus_revenue_actual":225333000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235136,"accession_number":"0000950170-24-074257","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2024-06-17T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Culp enters cooperation agreement with 22NW, adds Alexander B. Jones to board","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Board expanded from 8 to 9 directors; Alexander B. Jones appointed effective June 17, 2024.","Jones is VP & Sr. Research Analyst at 22NW, also an independent director at L.B. Foster Co.","Standstill restricts Investor Group from owning >15% of CULP common stock or nominating directors.","Annual meeting set for September 25, 2024; Jones will be nominated for a one-year term.","Investor Group reimbursed up to $15,000 for out-of-pocket expenses related to the agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":235135,"accession_number":"0000950170-24-051289","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2024-05-01T23:59:59+00:00","items":["2.02","2.05","9.01"],"status":"ready","headline":"Culp announces major restructuring; expects Q4 operating loss of $4.2M-$4.7M, sales down 19%","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Restructuring includes phasing out Quebec plant, consolidating Haiti operations, reducing mattress fabrics workforce by ~240 (35%).","Annualized cost savings of $10M-$11M; expects break-even operating results at current demand levels post-restructuring.","Q4 fiscal 2024 net sales expected ~19% lower YoY; operating loss $(4.2)M to $(4.7)M.","Restructuring charges ~$8.0M ($2.5M cash); funded by equipment sales; expects $10M-$12M net from real estate sale.","End fiscal 2024 with ~$10M cash and no borrowings; implementation mostly complete by end of calendar 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252953,"accession_number":"0000950170-24-027217","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2024-03-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp reports Q3 FY2024 results; no specific numbers in filing","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Company issued press release on March 6, 2024 for Q3 ended January 28, 2024.","Press release (Exhibit 99.1) not included in provided text; no financial data available.","Non-GAAP measures described: adjusted loss from operations, free cash flow, Adjusted EBITDA, return on capital.","Forward-looking statements caution about risks including housing, interest rates, tariffs, and foreign exchange.","Management uses adjusted measures for performance evaluation and incentive compensation."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.72,"consensus_revenue_estimate":null,"consensus_revenue_actual":175804000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252952,"accession_number":"0000950170-24-005187","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2024-01-18T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Culp expects Q3 fiscal 2024 operating loss comparable to Q2's $2.2M loss","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Consolidated operating loss for Q3 FY2024 now expected to be similar to $(2.2)M loss in Q2 FY2024.","Update provided via a publicly available webcast with Water Tower Research on January 17, 2024.","Previous financial outlook was issued in an 8-K filed December 4, 2023.","Company is a North Carolina-based fabric manufacturer trading on NYSE under CULP."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252951,"accession_number":"0000950170-24-002948","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2024-01-08T23:59:59+00:00","items":["5.02","8.01","9.01"],"status":"ready","headline":"Culp announces retirement of Upholstery Fabrics President Boyd Chumbley and hiring of Mary Beth Hunsberger","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Boyd Chumbley, President of Culp Upholstery Fabrics since 1984, will retire in Q3 2024 and then serve in an advisory role.","Mary Beth Hunsberger hired as EVP of Culp Upholstery Fabrics effective Jan 8, 2024, expected to succeed Chumbley in Q3 2024.","Hunsberger previously President of DEDON Americas and COO at Gloster Furniture, with 13 years at Tempur+Sealy International.","Chumbley will work with Hunsberger during transition period and then continue as advisor to support the company strategically."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":270436,"accession_number":"0000950170-23-067798","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2023-12-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp reports Q2 fiscal 2024 results; press release not provided in extract","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Filing states results announced on Dec 4, 2023 for quarter ended Oct 29, 2023.","Press release (Exhibit 99.1) with financial details was not included in the provided text.","No specific EPS, revenue, or segment data available to summarize."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":115387000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287388,"accession_number":"0000950170-23-050442","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2023-09-28T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Culp shareholders elect all 8 director nominees, approve say-on-pay and equity plan at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Directors Baugh, Culp IV, Davis, Decker, Gatling, Jackson, Kelly, Saxon each elected; votes for ranged from 7.96M to 9.14M.","Ratification of Grant Thornton LLP as independent auditor for FY2024 approved with 10.56M for, 291K against.","Advisory say-on-pay vote approved with 6.42M for, 3.07M against; 1.27M broker non-votes.","Future say-on-pay frequency set to 1 year with 9.0M votes for one-year; board adopts annual frequency.","Amended and Restated Equity Incentive Plan approved with 7.27M for, 2.23M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":287387,"accession_number":"0000950170-23-045451","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2023-08-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp announces Q1 fiscal 2024 results; specific financial figures not disclosed in filing text","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Press release issued on August 30, 2023, covering Q1 ended July 30, 2023 results.","Filing discusses non-GAAP measures: adjusted loss from operations, free cash flow, adjusted EBITDA, return on capital.","No specific revenue, earnings, or segment details available from the 8-K body alone.","Management highlights restructuring charges related to discontinued cut and sewn upholstery kits in Haiti."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.27,"consensus_revenue_estimate":null,"consensus_revenue_actual":56662000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307530,"accession_number":"0000950170-23-030402","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2023-06-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp reports Q4 and FY2023 earnings; specific results not in 8-K body","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Press release attached as Exhibit 99.1 but not provided in filing text.","Filing describes non-GAAP metrics: adjusted loss, free cash flow, Adjusted EBITDA, return on capital.","No revenue, EPS, or segment data available from the furnished text."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":234934000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":307529,"accession_number":"0000950170-23-022730","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2023-05-17T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Culp VP of Finance & PAO Thomas B. Gallagher to resign mid-July 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Thomas B. Gallagher, Jr., VP of Finance and principal accounting officer, will resign effective around mid-July 2023.","No replacement named; Gallagher will assist with fiscal 2023 year-end filings and transition.","Departure is voluntary to accept a position at another company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":326546,"accession_number":"0000950170-23-008961","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2023-03-21T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Culp posts investor presentation; no specific financial updates in filing excerpt","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Investor presentation dated March 2023 posted on Culp's website at https://culpinc.gcs-web.com/.","Presentation includes forward-looking statements and cautionary notes; no specific metrics provided in the available text.","Filing made under Regulation FD; information is furnished, not filed, and not incorporated by reference.","Company expects to use the presentation for investor discussions; content is summary in nature."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":326545,"accession_number":"0000950170-23-005555","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2023-03-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp reports Q3 fiscal 2023 results; specific figures in attached press release","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Issued press release on March 1, 2023, for quarter ended January 29, 2023.","Press release includes non-GAAP measures: adjusted loss from operations, free cash flow, Adjusted EBITDA, return on capital.","Actual financial data not included in filing text; refer to Exhibit 99.1."],"consensus_eps_estimate":null,"consensus_eps_actual":-2.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":173508000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":326544,"accession_number":"0000950170-23-001003","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2023-01-23T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Culp enters new $35M asset-based credit facility with Wells Fargo, matures Jan 2026","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New ABL facility replaces existing credit agreement; no outstanding borrowings, $275k letter of credit outstanding.","Maximum principal $35M; borrowing base 85% of eligible receivables and 65% of eligible inventory (capped).","Interest: daily simple SOFR + 1.50% or 1.75% based on excess availability; unused commitment fee 0.375%.","Springing financial covenant: fixed charge coverage ratio ≥1.10x triggers when availability <$5.25M or default.","Maturity January 19, 2026; cash dominion events if availability <$7M or an event of default occurs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344262,"accession_number":"0000950170-22-026159","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2022-12-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp announces Q2 FY2023 results and enters non-binding credit facility term sheet","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Q2 fiscal 2023 results announced; includes restructuring charges from exit of Shanghai cut-and-sew operations.","Non-binding term sheet for secured credit facility signed; specific terms not disclosed in filing text.","Actual financial figures not provided in the available filing text; confidence in material details is low.","Non-GAAP measures discussed: adjusted loss from operations, free cash flow, Adjusted EBITDA, return on capital."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":120985000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344261,"accession_number":"0000950170-22-025607","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2022-11-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp revises Q2 FY2023 outlook: net sales ~$58M, operating loss $(11.7-12.2)M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Expected Q2 FY2023 net sales ~$58M; consolidated operating loss $(11.7)-(12.2)M, wider than prior guidance.","Inventory impairment charges of ~$5M in mattress fabrics segment, plus ~$1M markdowns in upholstery fabrics.","Restructuring charges of ~$700k from closure of a China cut-and-sew facility.","Ended quarter with ~$19M cash and investments, no borrowings, improved from Q1.","CEO cites demand weakness and inflation; expects improvement in second half of FY2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.46,"consensus_revenue_estimate":null,"consensus_revenue_actual":120985000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":344260,"accession_number":"0001564590-22-033192","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2022-10-03T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Culp shareholders elect all eight directors, ratify auditor, and approve say-on-pay at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All eight director nominees received shareholder approval; Robert G. Culp, IV and John A. Baugh received 7.6M+ votes each.","Ratification of Grant Thornton LLP as independent auditor for fiscal 2023 passed with 9,971,464 votes for vs 111,338 against.","Advisory say-on-pay resolution approved with 6,921,683 votes for (80.1% of votes cast excluding abstentions and broker non-votes)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360760,"accession_number":"0001564590-22-030657","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2022-08-31T23:59:59+00:00","items":["2.02","5.02","8.01","9.01"],"status":"ready","headline":"Culp Home Fashions President Sandy Brown to retire Dec 31; Tommy Bruno hired as EVP, to succeed","summary_kind":"llm","event_type":"leadership","confidence":"medium","bullets":["Sandy Brown, President of Culp Home Fashions, plans to retire effective December 31, 2022, after 39 years with the company.","Tommy Bruno joins as Executive Vice President of Culp Home Fashions on September 6, 2022, expected to become President upon Brown's retirement.","Bruno previously served as Vice President of Business Development, Alternative Channels at Tempur + Sealy since 2018.","Brown will remain in her role through year-end and assist with transition as a strategic advisor after retirement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360759,"accession_number":"0001564590-22-029858","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2022-08-22T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Culp amends credit agreement, waives EBITDA covenant for FY2023, imposes $15M liquidity minimum","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["EBITDA-to-interest expense covenant suspended for fiscal quarters ending July 2022, Oct 2022, Jan 2023, Apr 2023.","New liquidity covenant requires minimum $15M of unencumbered liquid assets plus available revolver borrowings.","Amendment fee of $5,000 paid to Wells Fargo; all other credit terms unchanged.","Borrower reaffirms representations and warranties; certifies no event of default exists."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360757,"accession_number":"0001564590-22-029310","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K/A","filed_at":"2022-08-12T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Culp executive chairman steps down as employee, remains chairman and consultant","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Franklin Saxon ceases as full-time employee and executive officer effective Sept 1, 2022.","Saxon will remain board chairman and provide consulting; annual cash compensation $350,000.","Compensation Committee determined Saxon's RSU award will not be forfeited despite role change.","Change of Control and Non-Competition Agreement between Saxon and Culp terminated effective Sept 1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360758,"accession_number":"0001564590-22-026693","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2022-07-27T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Culp Executive Chairman Franklin Saxon transitions to non-executive chairman role effective Sept 1, 2022","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Franklin Saxon will cease being a full-time employee and executive officer, remaining as board chairman and strategic advisor.","Annual cash compensation set at $350,000 paid quarterly; employee benefits and auto allowance terminated.","Change of Control and Non-Competition Agreement dated 2007 terminated as of Sept 1, 2022.","Saxon has been with Culp for nearly 40 years, previously serving as CEO from 2007 to 2019."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":379873,"accession_number":"0001564590-22-024770","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2022-06-29T23:59:59+00:00","items":["1.01","2.02","9.01"],"status":"ready","headline":"Culp enters $40M credit facility; extends maturity to June 2025; reports Q4 earnings","summary_kind":"llm","event_type":"debt","confidence":"medium","bullets":["Revolving credit facility increased to $40M from $30M; secured by assets; matures June 2025.","SOFR-based pricing with initial margin 1.35% (range 1.35%-2.50%) depending on debt/EBITDA.","Financial covenants: min tangible net worth $100M+50% net income; EBITDA/interest ≥3.0, waived first 3 quarters FY2023 with min $15M liquidity.","Press release for Q4 and FY2022 results furnished; specific financial figures not included in available filing text."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":379872,"accession_number":"0001564590-22-015436","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2022-04-25T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Culp revises Q4 FY2022 to operating loss of $6.5M-$7.5M; signs term sheet for $40M secured credit facility","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Q4 net sales down significantly vs Q4 FY2021; expected operating loss $(6.5)M-$(7.5)M.","China facilities closed since April 1 due to COVID restrictions; expected to remain shut through April.","Mattress fabric sales declined materially in March/April as customers reduced inventory due to slowing retail demand.","Signed non-binding term sheet for $40M secured revolving credit facility; replaces existing unsecured facility expiring Aug 2022.","Estimated $32M borrowing availability upon closing; expects $10M cash, no borrowings at Q4 end."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":398035,"accession_number":"0001564590-22-008302","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2022-03-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp reports Q3 FY2022 results; specific financials in attached press release","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Issued news release for Q3 ended January 30, 2022, but actual figures not included in filing text.","Non-GAAP adjustments discussed: valuation allowance against U.S. deferred tax assets and GILTI tax benefit.","Company defines free cash flow, adjusted EBITDA, and return on capital in the release."],"consensus_eps_estimate":null,"consensus_eps_actual":0.23,"consensus_revenue_estimate":null,"consensus_revenue_actual":237899000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":417021,"accession_number":"0001564590-21-058965","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2021-12-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp reports Q2 FY2022 results; filing body lacks specific financial figures","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["8-K references a news release with financial results but the release text is not included in provided filing.","Non-GAAP measures (adjusted EBITDA, free cash flow, return on capital) are discussed but unquantified.","No revenue, EPS, or segment figures are available from the filing body; actual results are in the omitted exhibit."],"consensus_eps_estimate":null,"consensus_eps_actual":0.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":157608000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":417020,"accession_number":"0001564590-21-053973","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2021-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp lowers Q2 FY22 outlook; expects operating income $1.3M-$1.6M, sales down 11% sequentially","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales down ~11% vs Q1 FY22; operating income $1.3M-$1.6M, below prior expectation of flat Q1.","Upholstery fabrics segment sales significantly impacted by COVID-related shutdowns in Vietnam that lasted longer than anticipated.","Mattress fabrics segment also pressured by customer supply chain constraints, labor shortages, and shipment delays from Asia.","Shutdowns in Vietnam have now lifted; upholstery segment resuming normalized shipments.","Full fiscal 2022 outlook to be updated when Q2 results are reported in early December."],"consensus_eps_estimate":null,"consensus_eps_actual":0.25,"consensus_revenue_estimate":null,"consensus_revenue_actual":157608000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":417019,"accession_number":"0001564590-21-050018","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2021-10-04T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Culp shareholders elect eight directors, ratify auditor, approve say-on-pay at annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All eight director nominees elected: John A. Baugh, Robert G. Culp IV, Perry E. Davis, Sharon A. Decker, Kimberly B. Gatling, Jonathan L. Kelly, Fred A. Jackson, Franklin N. Saxon.","Ratification of Grant Thornton LLP as independent auditor for fiscal 2022: 10,600,713 for, 103,077 against, 177,687 abstain.","Advisory vote on executive compensation (Say on Pay): 9,152,703 for, 473,054 against, 179,522 abstain, 1,076,198 broker non-votes.","Broker non-votes on director elections were 1,076,198 for each nominee; votes for ranged from 9,388,174 to 9,515,595."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":434587,"accession_number":"0001564590-21-046755","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2021-09-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Culp reports Q1 FY2022 results; specific financial figures not available in filing text","summary_kind":"llm","event_type":"earnings","confidence":"low","bullets":["Culp issued a news release on Sep 1, 2021 for Q1 ended Aug 1, 2021.","Release includes adjusted net income, free cash flow, Adjusted EBITDA, and return on capital.","No specific revenue, EPS, or segment data provided in the 8-K body.","Non-GAAP measures reconcile to GAAP; details in attached Exhibit 99.","Forward-looking statements and risk factors are reiterated."],"consensus_eps_estimate":null,"consensus_eps_actual":0.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":83047000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":434586,"accession_number":"0001564590-21-038277","cik":723603,"company_name":"CULP INC","ticker":"CULP","form_type":"8-K","filed_at":"2021-07-27T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Culp, Inc. says Franklin N. Saxon ceases co-PEO role; Robert G. Culp, IV now sole principal executive officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["On July 22, 2021, Culp's board determined Franklin N. Saxon will no longer serve as co-principal executive officer for SEC and NYSE filing purposes.","Robert G. Culp, IV, President and CEO, will serve as the sole principal executive officer of Culp, Inc. going forward.","Both Mr. Saxon (Executive Chairman) and Mr. Culp continue as executive officers with no change in their titles."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":38114979.76282051,"market_cap_bucket":"microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}