{"schema_version":"secwatch.filing_event.v1","accession":"0001564590-21-053973","form_type":"8-K","ticker":"CULP","cik":"0000723603","company_name":"CULP INC","filed_at":"2021-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:04:15.370431+00:00","generated_at":"2026-06-28T14:40:52.422702+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Culp lowers Q2 FY22 outlook; expects operating income $1.3M-$1.6M, sales down 11% sequentially","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001564590-21-053973","json":"https://secwatch.observer/filing/0001564590-21-053973.json","markdown":"https://secwatch.observer/filing/0001564590-21-053973.md","text":"https://secwatch.observer/filing/0001564590-21-053973.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/723603/000156459021053973/0001564590-21-053973-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/723603/000156459021053973/culp-8k_20211103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T14:40:52.422702+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}