Culp INC 8-K filings

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. reported a sequential improvement in consolidated net sales for Q2 fiscal 2026, driven by bedding segment growth and ongoing cost optimization efforts amidst a challenging home furnishings market.

Culp, Inc. shareholders re-elected all eight director nominees, ratified Grant Thornton LLP as independent auditors, and approved executive compensation on an advisory basis at their annual meeting.

Culp, Inc. announced improved operating results for its first fiscal quarter, driven by restructuring and integration initiatives despite continued market softness and tariff impacts.

Culp, Inc. announced its fourth quarter and full fiscal year 2025 financial results, highlighting improved operating performance due to the successful completion of its restructuring plan and new strategic integration initiatives.

Culp, Inc. has announced a three-year extension of its asset-based revolving credit facility with Wells Fargo Bank, National Association, pushing the maturity date to June 12, 2028, while also adjusting key financial terms including a reduced maximum principal amount and increased interest rates.

Culp, Inc. has entered into a multi-year cooperation agreement with its largest shareholder, 22NW, LP, which includes board nominations, governance changes, and standstill provisions.

Culp, Inc. is consolidating its operating divisions and closing a facility to streamline operations and reduce costs, expecting $3 million in annualized savings.

Culp Inc. reports improved mattress fabrics performance and restructuring progress amidst industry headwinds in Q3 2025, while also electing William L. Tyson to its Board of Directors.

Culp Inc. reported its second quarter fiscal 2025 results, showing sequential improvement in its mattress fabrics segment while navigating ongoing restructuring efforts and weakened industry demand.

Culp Inc. updated its bylaws to align with SEC rules on universal proxy cards and held its annual shareholder meeting, electing directors and ratifying the auditor.

Culp Inc. reported a 14.2% sequential increase in sales for Q1 fiscal 2025, alongside updates on its restructuring plan and a positive financial outlook.

Culp, Inc. has entered into indemnification agreements with its directors and key officers, providing enhanced protection against potential liabilities.

Culp Inc. has finalized the retirement date for its Upholstery Fabrics division president, Boyd B. Chumbley, and named Mary Beth Hunsberger as his successor, effective July 27, 2024.

Culp Inc. reported a decrease in sales for the fourth quarter and fiscal year 2024, while also providing an update on its restructuring plan aimed at improving profitability.

Culp, Inc. has entered into a cooperation agreement with 22NW Fund, appointing Alexander B. Jones to its board of directors and nominating him for election at the 2024 annual meeting.

Culp Inc. is implementing a significant restructuring plan, primarily impacting its mattress fabrics segment, due to a substantial decline in industry demand, and has updated its financial outlook for the fourth quarter of fiscal 2024.

Culp Inc. announced improved year-over-year and sequential operating performance for the third quarter of fiscal year 2024, driven by increased sales in both mattress and upholstery fabrics, but anticipates a delay in returning to profitability.

Culp Inc. now anticipates a consolidated operating loss for the third quarter of fiscal 2024 that is comparable to the $(2.2) million loss reported in the second quarter.