---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-25-113998"
form_type: "8-K"
ticker: "CULP"
cik: "0000723603"
company_name: "CULP INC"
filed_at: "2025-09-10T23:59:59+00:00"
generated_at: "2026-05-17T07:10:19.936076+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Culp Q1 FY2026 net loss narrows to $0.02/sh; bedding gross margin improves to 10.5%

## Summary
- 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.

## SEC filing metadata
- accession: 0000950170-25-113998
- form_type: 8-K
- ticker: CULP
- cik: 0000723603
- company_name: CULP INC
- filed_at: 2025-09-10T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/723603/000095017025113998/0000950170-25-113998-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/723603/000095017025113998/culp-20250910.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-25-113998
- JSON: https://secwatch.observer/filing/0000950170-25-113998.json
- Plain text: https://secwatch.observer/filing/0000950170-25-113998.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.