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Earnings Data
Report Date
Sep 02, 2026After Close (Confirmed)
Period Ending
2027 (Q1)Consensus EPS Forecast
―Last Year’s EPS
-0.02Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a mixed but improving picture: solid sequential momentum in Q4 (sales, gross profit, operating loss and adjusted EBITDA) and meaningful structural actions (restructuring, integration, inventory reduction, and >$20M annualized savings) support an optimistic view for FY2027. However, the company remains unprofitable on a trailing basis, faces YoY revenue pressure for the full year, ongoing upholstery market weakness, foreign exchange and tariff volatility, and some reliance on tariff refunds to materially improve the balance sheet. Overall, operational execution and cost actions are producing tangible progress, but material risks and legacy losses remain.Company Guidance
Sequential and Year-over-Year Sales Improvement in Q4
Q4 net sales of $51.6M, up 7.6% sequentially from Q3 and roughly 6% year-over-year, demonstrating momentum heading into FY2027.
Gross Profit and Margin Sequential Gains
Q4 gross profit was $6.8M (13.2% of sales), a sequential improvement of 210 basis points and nearly 30% higher in dollar terms versus Q3, driven by higher sales and efficiency gains from restructuring and integration.
Meaningful Sequential Operating and Net Loss Improvements
Loss from operations improved to $1.6M in Q4 from $3.7M in Q3; net loss improved 35% sequentially to $2.2M ($0.18 per diluted share) from $3.4M in Q3, showing progress on profitability levers.
Strong Bedding Performance
Bedding Q4 sales were $30.5M, up 12.5% year-over-year; bedding gross profit rose ~38% sequentially to $2.7M (8.9% of sales). Full-year bedding sales grew 2.4% to $116.6M and full-year bedding gross profit rose ~35%.
Operational Restructuring Delivering Cost Benefits
Company cites more than $20M of expected annualized savings and efficiencies (management referenced a run rate ~ $22M+), coming from restructuring, integration, pricing actions and SG&A reductions to improve operating leverage.
Inventory Reduction and Working Capital Progress
Quarterly inventory decreased by ~$5.0M; total inventory ended Q4 at $47.5M (down from $52.2M at Q3-end and $49.3M prior-year Q4), with continued focus on turning inventory into cash.
Improved Liquidity from Tariff Refunds and Asset Sale
Received final $4.8M payment from Canadian facility sale in Q4 and subsequently recovered approximately $7M in IEPA tariff refunds in Q1 FY27, expected to materially reduce debt and improve liquidity (management expects net debt to fall toward ~$5M).
Strategic Integration and Global Platform Enhancements
Completed integration of U.S. upholstery operations into domestic bedding facilities, streamlined China footprint, expanded Vietnam upholstery capabilities (new showroom), and broadened sewn mattress cover offerings to capture higher revenue per mattress unit.
Guidance Toward Break-Even EBITDA and Controlled CapEx
Company expects first-quarter FY27 consolidated sales to moderately improve and projects break-even to positive adjusted EBITDA in Q1 FY27 even without tariff refunds; FY26 CapEx disciplined at $0.6M with FY27 guidance of $2.0–$2.5M.
CULP Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CULP Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 01, 2026 | $3.09 | $3.43 | +11.00% |
Mar 11, 2026 | $3.03 | $2.83 | -6.60% |
Dec 11, 2025 | $3.75 | $3.77 | +0.53% |
Sep 10, 2025 | $4.70 | $4.57 | -2.77% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Culp (CULP) report earnings?
Culp (CULP) is schdueled to report earning on Sep 02, 2026, After Close (Confirmed).
What is Culp (CULP) earnings time?
Culp (CULP) earnings time is at Sep 02, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
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What is CULP EPS forecast?
Currently, no data Available