The earnings call highlighted significant achievements such as the completion of a restructuring plan and growth in the mattress fabrics business. However, these positives were offset by declines in the upholstery fabrics segment, ongoing tariff challenges, and operating losses. The sentiment reflects a cautious optimism with strategic plans in place to address challenges.
Company Guidance -
Q1 2026
During the Culp, Inc. Fourth Quarter Fiscal 2025 Earnings Conference Call, the company provided several key metrics and insights into their financial performance and strategic initiatives. The company reported fourth quarter net sales of $48.8 million, closely aligned with the previous year's $49.5 million. Despite operating in a challenging revenue environment, Culp achieved a year-over-year sales increase in their mattress fabrics business, defying the industry consensus of a potential 11% decline in overall mattress sales. The restructuring plan initiated in May 2024 contributed to annualized savings of $10 to $11 million and improved operating efficiency. Culp also introduced an integration effort termed Project Blaze, predicting additional annualized savings of $3 million by consolidating their mattress and upholstery fabric divisions. The company's restructuring and integration initiatives, combined with a price increase expected to yield $2.5 million annually, are anticipated to enhance performance in fiscal 2026. Operating loss for the fourth quarter was reduced to $2.2 million from the prior year's $4.2 million, with adjusted EBITDA improving to $559,000 from a negative $2.2 million. Overall, these strategic actions aim to bolster Culp's competitive position and drive growth amidst ongoing market challenges.
Completion of Restructuring Plan
Successfully completed a restructuring plan that reduced fixed costs in the mattress fabrics business, including facility closures and consolidations. This resulted in $10 million to $11 million in annualized savings.
Mattress Fabrics Business Growth
The mattress fabrics business achieved a year-over-year sales increase during the quarter despite a projected industry decline of around 11%. This suggests gaining market share in key segments.
Integration Initiatives for Cost Savings
Initiated a project to integrate mattress fabric and upholstery fabric divisions, expected to generate approximately $3 million in annualized savings.
Extended Credit Facility
Extended the credit facility with Wells Fargo for an additional 3 years, providing liquidity and financing flexibility.
Culp (CULP) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CULP Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jun 25, 2025
$3.96
$3.91
-1.26%
Mar 05, 2025
$5.02
$4.40
-12.35%
Dec 04, 2024
$5.19
$4.95
-4.62%
Sep 04, 2024
$4.94
$5.08
+2.83%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Culp (CULP) report earnings?
Culp (CULP) is schdueled to report earning on Aug 27, 2025, After Close (Confirmed).
What is Culp (CULP) earnings time?
Culp (CULP) earnings time is at Aug 27, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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