• Culp swung to net income of USD 6 million, or USD 0.47 per diluted share, in the fiscal first quarter.
• Net sales rose 6.5% to USD 54 million year over year, led by 13.2% growth in the bedding segment.
• Gross margin widened to 28.5% from 14.3% as gross profit more than doubled to USD 15.38 million, aided by tariff refunds.
• Net debt fell more than 70% to USD 3.1 million, with USD 10.24 million in cash and USD 29.4 million in liquidity.
• Management highlighted above-market bedding momentum and balance-sheet focus; outlook calls for slightly higher Q2 sales with break-even operating income.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Culp Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202609091605BIZWIRE_USPR_____20260909_BW368242) on September 09, 2026, and is solely responsible for the information contained therein.