3.63
+0.83%
Close of 9 Nov 2026, in USD
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About Culp
From its filings with the US Securities and Exchange Commission
Culp is based in High Point, North Carolina and is incorporated in North Carolina. Its shares trade on Nasdaq under the ticker CULP. The SEC classifies its business as broadwoven fabric mills, cotton. In the fiscal year to 3 May 2026, it reported revenue of $203.5m and a net loss of $10.2m. At that date it held total assets of $112.0m and shareholders' equity of $48.1m.
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.
At the end of fiscal 2025, we initiated an integration effort involving the combination of our two operating divisions, Culp Upholstery Fabrics and Culp Home Fashions, into one unified business as described below in "—Fiscal 2026 Business Integration." However, for financial reporting purposes, our operations are classified into two operating segments— bedding and upholstery.
Quoted from its 10-K, filed 17 Jul 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Consumer Discretionary
- Industry
- Textiles, Apparel & Luxury Goods
- Listed since
- 31 Aug 1983
- Employees
- 1,440
- Website
- culp.com ↗
- Head office
- 410 W. ENGLISH ROAD 5TH FLOOR, HIGH POINT, NC, 27262
- Incorporated in
- NC
- Classification
- Broadwoven Fabric Mills, Cotton
- Filer status
- Non-accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. Franklin SaxonNon-Executive Chairman of the Board, since 1985$279,270
- Mr. Robert CulpPresident, Chief Executive Officer, Director, since 1998$1.2m
- Mr. Kenneth BowlingChief Financial Officer, Executive Vice President, Treasurer$653,025
- Ms. Mary HunsbergerChief Operating Officer
- Ms. Teresa HuffmanChief Human Resources Officer, Senior Vice President
- Mr. Justin GrowVice President, General Counsel, Corporate Secretary
- Mr. Ronald ChandlerVice President, Corporate Controller
- Mr. Thomas BrunoChief Commercial Officer$577,657
- Mr. John BaughIndependent Director$110,000
- Ms. Sharon DeckerIndependent Director$110,000
- Ms. Kimberly GatlingIndependent Director$110,000
- Mr. Fred JacksonIndependent Director$120,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 47
- Environment
- 46
- Social
- 41
- Governance
- 54
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Culp Inc has several strengths that contribute to its success. Firstly, the company has a strong reputation in the textile industry, built over its long history of operation. This reputation enables Culp Inc to attract and retain high-quality customers.
- Secondly, the company has a diverse product portfolio, offering a wide range of textile products to cater to different customer needs. This diversity helps Culp Inc to mitigate risks associated with relying heavily on a single product.
- Thirdly, Culp Inc's manufacturing capabilities are a significant advantage. The company operates advanced and efficient manufacturing facilities, allowing it to produce high-quality products at competitive prices.
Weaknesses
- Despite its strengths, Culp Inc also faces some weaknesses that need to be addressed. One notable weakness is the company's dependence on key customers for a significant portion of its revenue. This dependency makes Culp Inc vulnerable to changes in their purchasing decisions or economic downturns.
- Another weakness is the company's limited global presence. Culp Inc primarily operates in the United States, which exposes it to risks associated with local economic fluctuations. Expanding into international markets could help diversify this risk.
Opportunities
- There are several opportunities that Culp Inc can explore to drive growth and profitability. One such opportunity is the increasing demand for sustainable and eco-friendly textiles. By developing and marketing environmentally friendly products, Culp Inc can tap into this growing market and gain a competitive edge.
- Additionally, the company can capitalize on emerging market trends, such as customization and personalization. Offering customizable textile solutions tailored to individual customer preferences can attract new customers and increase customer loyalty.
Threats
- Culp Inc faces various threats that could impact its business operations. One major threat is intense competition within the textile industry. The presence of numerous competitors, including both domestic and international players, puts pressure on Culp Inc to continuously innovate and differentiate its products.
- Moreover, fluctuations in raw material prices pose a significant threat to the company. Any substantial increase in the cost of raw materials can negatively affect its profitability unless Culp Inc can effectively manage and mitigate these price fluctuations.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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