Culp swings to $6.0M profit; sales up 6.5%

Filed September 11, 2026 · Period ending August 2, 2026 · Compared to 10-Q Sep 12, 2025 · ~1 min read

Key Changes

• high

  Net income swung to $6.0M from a loss, driven by a one-time IEEPA tariff refund and 6.5% sales growth.

  MD&A: Consolidated results verify on EDGAR →
• high

  Gross margin expanded to 28.5% from 14.3%, primarily due to the tariff refund recorded as a reduction to cost of sales.

  MD&A: Tariff refund verify on EDGAR →
• high

  Bedding segment sales grew 13.2% despite a shorter 13-week quarter vs. 14 weeks a year ago and soft industry demand.

  MD&A: Bedding segment verify on EDGAR →