{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-22-026159","form_type":"8-K","ticker":"CULP","cik":"0000723603","company_name":"CULP INC","filed_at":"2022-12-07T23:59:59+00:00","discovered_at":"2026-05-14T18:03:53.366628+00:00","generated_at":"2026-06-21T08:26:29.354606+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"low","headline":"Culp announces Q2 FY2023 results and enters non-binding credit facility term sheet","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."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-22-026159","json":"https://secwatch.observer/filing/0000950170-22-026159.json","markdown":"https://secwatch.observer/filing/0000950170-22-026159.md","text":"https://secwatch.observer/filing/0000950170-22-026159.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723603/000095017022026159/0000950170-22-026159-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723603/000095017022026159/culp-20221207.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-21T08:26:29.354606+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"f8a4b3a4fe50cf477974efd8beccd09ebb8d1909","claim":"CULP INC reported financial results for second quarter ended October 30, 2022.","evidence_excerpt":"On December 7, 2022, we issued a news release to announce our financial results for our second quarter ended October 30, 2022, as well as our entry into a non-binding term sheet for a secured credit facility.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/723603/000095017022026159/0000950170-22-026159-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter ended October 30, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}