Culp INC

Culp, Inc. announced the results of its annual shareholder meeting, confirming the election of seven directors, ratification of Grant Thornton LLP as auditors, and an advisory vote on executive compensation.

Culp, Inc. announced robust first quarter fiscal 2027 results, showcasing a 6.5% sales increase, substantial profitability improvements, and a significant reduction in net debt.

Culp, Inc. announced fourth quarter and full fiscal year 2026 financial results, highlighting consolidated net sales growth and improved gross profit, driven by strong performance in the bedding segment.

Culp, Inc. announced its voluntary transfer of common stock listing from the New York Stock Exchange to the Nasdaq Capital Market, effective March 6, 2026.

Culp, Inc. announced the election of Mark Wilson to its Board of Directors, effective January 23, 2026, filling a vacancy and aligning with a prior cooperation agreement.

Culp, Inc. announced the planned retirement of its CFO, Kenneth R. Bowling, and the resignation of its Principal Accounting Officer, Ronald S. Chandler.

Culp, Inc. announced a significant increase in net income and gross profit for its first fiscal quarter ended August 2, 2026, primarily driven by a substantial tariff refund, alongside improved operational efficiencies.

Culp, Inc. reported a significant reduction in net loss for the nine-month period, driven by restructuring benefits, despite continued declines in net sales across both bedding and upholstery segments.

Culp, Inc. reported a significantly reduced net loss and improved operating performance for the second quarter and first half of fiscal year 2026, driven by restructuring benefits despite a decline in overall net sales.

Culp, Inc. reported a significantly reduced net loss in Q1 FY26, driven by a one-time gain from asset sales and restructuring benefits, despite a 10.3% drop in consolidated net sales.

Culp, Inc. reports a decrease in net sales and a net loss for Q3 2025, impacted by weak demand and restructuring activities.

Culp Inc. reports a significant increase in net losses for the second quarter of fiscal year 2025, driven by restructuring costs and decreased sales in both its mattress and upholstery fabrics segments.

Culp, Inc. reported a net loss of $10.2 million for fiscal year 2026, an improvement from the previous year, with net sales down 4.6%.

Culp, Inc. reported a significant increase in net loss for fiscal year 2025, driven by a challenging macroeconomic environment, declining sales, and substantial restructuring costs, even as it implements strategic initiatives to streamline operations and enhance efficiency.

Culp Inc. reported a decrease in net sales for fiscal year 2024, alongside a restructuring plan aimed at reducing costs and improving efficiency.

Mark Wilson, a Director of Culp Inc, received 12,941 shares of common stock on September 24, 2026.

Lynn D Heatherton, a Director of Culp Inc, reported multiple transactions in common stock on September 23, 2026.

John Douglas Collier, a Director of Culp Inc, reported multiple transactions in common stock on September 23, 2026.

William L Tyson, a Director of Culp Inc, reported multiple transactions in common stock on September 23, 2026.

Fred A Jackson, Former Director of Culp Inc, reported multiple transactions in common stock on September 23, 2026.

Mary Elizabeth Hunsberger, Chief Financial Officer of Culp Inc, purchased 5,000 shares of common stock on September 22, 2026 for $3.60 per share.

Culp, Inc. announced its 2026 Annual Meeting of Shareholders, set for September 23, 2026, to elect directors, ratify auditors, and vote on executive compensation.

Culp, Inc. submitted a Definitive Proxy Statement to the SEC, detailing matters for an upcoming shareholder vote.

Culp, Inc. details strategic restructuring, executive compensation adjustments, and board changes in its latest proxy statement, reflecting efforts to improve efficiency despite ongoing market challenges.

Culp, Inc. will hold its 2024 Annual Meeting of Shareholders on September 25, 2024, to elect directors, ratify the appointment of auditors, and approve executive compensation.

22NW Fund and associated entities filed an amended Schedule 13D for Culp Inc., updating beneficial ownership and noting Alexander B. Jones' departure from the reporting group.

22NW Fund, a significant shareholder in Culp Inc., has entered into a cooperation agreement with the company, leading to board nominations and the formation of a new strategy committee.

22NW Fund, LP and its affiliated reporting persons have increased their beneficial ownership in CULP INC to an aggregate of 13.8% of outstanding common stock, as detailed in a recent Schedule 13D amendment.

Gate City Capital Management, LLC and Michael Melby reported beneficial ownership of 7.8% of Culp Inc.'s common stock as of September 30, 2025.

Ameriprise Financial, Inc. and its subsidiary Columbia Management Investment Advisers, LLC, reported a 6.8% beneficial ownership stake in Culp, Inc. common stock as of September 30, 2025.

Renaissance Technologies LLC and its parent company, Renaissance Technologies Holdings Corporation, have disclosed a 4.89% beneficial ownership stake in Culp, Inc. common stock.

Gate City Capital Management, LLC and Michael Melby have disclosed a beneficial ownership of 9.5% of CULP INC's common stock, totaling 1,188,670 shares, as of March 31, 2025.

Ameriprise Financial, Inc. and its subsidiary Columbia Management Investment Advisers, LLC have jointly reported a passive 5.0% beneficial ownership stake in Culp, Inc.'s common stock.