CULP Q2 Capital Expenditures Drop to USD 0.2 Million, Down 86%
Reuters
Dec 11, 2025
CULP <a href="https://laohu8.com/S/QTWO">Q2</a> Capital Expenditures Drop to USD 0.2 Million, Down 86%
Culp Inc. reported consolidated net sales of USD 53.2 million for the second quarter (Q2) of fiscal 2026, representing a sequential improvement from the first quarter but a decline from the same period last year. The company's bedding segment recorded sales of USD 30.8 million in Q2, up approximately 10 percent sequentially and over 2 percent year-over-year. Capital expenditures for the quarter were USD 0.2 million, down from the prior-year period. Free cash flow was generally at break-even, an improvement compared to negative USD 3.4 million in the prior-year period. Culp Inc. continues to focus on optimizing its global platform and enhancing its cost structure, with the restructured bedding business showing signs of improvement as market conditions stabilize. The company did not provide specific net income or earnings per share figures for the quarter.
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