earnings
confidence high
sentiment negative
materiality 0.75
Culp Q4 revenue up 6% YoY to $51.6M; net loss $0.18/diluted share; full-year loss $0.81
CULP INC
- 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.