Textile fabrics firm Culp's Q2 revenue falls

Reuters
Dec 11, 2025
Textile fabrics firm Culp's <a href="https://laohu8.com/S/QTWO">Q2</a> revenue falls

Overview

  • Fabric provider's fiscal Q2 revenue declined yr/yr

  • Company's restructuring improved gross profit and reduced operating loss

  • Bedding segment sales grew both sequentially and yr/yr

Outlook

  • Company expects steady sales performance for fiscal 2026, especially in bedding segment

  • Company anticipates near break-even to positive adjusted EBITDA for third quarter

  • Company to aggressively manage liquidity and capital expenditures in fiscal 2026

Result Drivers

  • RESTRUCTURING IMPACT - Culp's restructuring initiatives in the bedding segment led to improved gross profit margins and sales growth both sequentially and year-over-year

  • TARIFF CHALLENGES - Tariff pressures and a weak housing market negatively impacted upholstery segment sales, which declined year-over-year

Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q2 Sales

Miss

$53.20 mln

$54.30 mln (1 Analyst)

Q2 EPS

-$0.34

Q2 Net Income

-$4.31 mln

Q2 Basic EPS

-$0.34

Q2 Gross Profit

$5.78 mln

Q2 Operating Income

-$3.46 mln

Press Release: ID:nBw3YpTkla

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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