Culp IncCULP
What Culp Inc does.
As used in this document, the terms “Culp,” the “company,” “we,” “our,” and “us” refer to Culp, Inc. and its consolidated subsidiaries (unless the context indicates another meaning). The term “common stock” means the common stock of Culp, Inc., par value $.05 per share. The terms “Read Window Products” and “Read” refer to our wholly-owned subsidiary, Read Window Products, LLC.
Culp is one of the largest marketers of mattress fabrics for bedding and upholstery fabrics for residential, commercial, and hospitality furniture and other applications in North America. The company markets a variety of fabrics to its global customer base of leading bedding and furniture companies, including fabrics produced at Culp's manufacturing facilities and fabrics sourced through other suppliers. The company competes in a business driven by fashion and product performance, and we strive to differentiate ourselves by placing a sustained focus on creativity and product innovation. In addition, we place great emphasis on providing excellent and dependable service to our customers as well as a supply chain that provides customers with sourcing optionality across a variety of jurisdictions. Our focused efforts to protect our financial strength and manufacturing flexibility have allowed us to maintain our position as a stable and trusted supplier of innovative fabrics to bedding and furniture manufacturers.
Revenue and profit, by fiscal year.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|---|
| Revenue | $299.7M | $294.8M | $234.9M | $225.3M | $213.2M | $203.5M |
| Net income | $3.2M | -$3.2M | -$31.5M | -$13.8M | -$19.1M | -$10.2M |
| Free cash flow | $14.8M | -$23.1M | $5.7M | -$11.9M | -$20.6M | -$10.0M |
More on CULP.
- Culp Inc summary
- Culp Inc financial statements
- Culp Inc key metrics
- Culp Inc health scores and style box
- Culp Inc earnings
- Culp Inc dividends
- Culp Inc valuation
- Culp Inc ownership and insiders
- Culp Inc peers
Figures from Culp Inc's filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.