Culp, Inc. sees ‘sequential sales growth’ throughout the year’

The company states: “Due to macro-economic uncertainty and the fluid global trade and tariff environment, the Company is providing only limited forward guidance. The Company expects sequential sales growth throughout the year in what is expected to remain a low-demand environment for home furnishings. The Company expects the cost and efficiency benefits of its restructuring and division integration initiatives, along with price increases, to drive EBITDA results (adjusted for integration, related expenses and other items) in a range from near breakeven to slightly positive for the second quarter of fiscal 2026, and for operating performance and profitability to improve sequentially throughout the remainder of the year.”