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Culp Announces Results for Third Quarter Fiscal 2025, Highlighted by Continued Improvement in Mattress Fabrics Operating Performance and Execution on Restructuring Initiatives

1. CULP's Q3 2025 net sales fell 6.1%, impacting mattress and upholstery sales. 2. Continued improvement in mattress fabrics shows potential for recovery.

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$5.0203/05 04:29 PM EDTEvent Start
$4.403/06 11:12 PM EDTLatest Updated
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FAQ

Why Bearish?

The decline in sales may signal weakened demand and possible concerns among investors. Historical examples include similar performance dips leading to price drops in the stock market.

How important is it?

The significant drop in quarterly sales directly affects expectations for future performance and investor sentiment toward CULP.

Why Short Term?

The immediate drop in sales figures suggests challenges in the upcoming quarters rather than long-term trends.

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TEXBURLLEG
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP” or the "company") today reported financial and operating results for the third quarter ended January 26, 2025. Fiscal 2025 Third Quarter Financial Highlights Consolidated net sales of $52.3 million - Down 6.1 percent compared sequentially to last quarter, with mattress fabrics sales down 4.8 percent and upholstery fabrics sales down 7.8 percent Continued improvement in mattress fabric.

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