Culp (CULP) to Release Quarterly Earnings on Wednesday

Key Points

• Culp (CULP) is set to announce its Q1 2026 results on September 3rd, with analysts forecasting an earnings per share of ($0.12) and revenue of $57.5 million.
• The company's recent earnings report showed a net margin of (8.96%) and a revenue of $48.77 million, falling short of analyst estimates.
• CEO Robert George Iv Culp recently acquired 12,000 shares of the company's stock, increasing his ownership by 13.04%, indicating insider confidence in the stock.

Culp (NYSE:CULP - Get Free Report) is expected to announce its Q1 2026 results before the market opens on Wednesday, September 3rd. Analysts expect the company to announce earnings of ($0.12) per share and revenue of $57.4980 million for the quarter. Investors can find conference call details on the company's upcoming Q1 2026 earningreport page for the latest details on the call scheduled for Thursday, September 4, 2025 at 9:00 AM ET.

Culp (NYSE:CULP - Get Free Report) last posted its earnings results on Wednesday, June 25th. The textile maker reported ($0.06) earnings per share for the quarter, topping the consensus estimate of ($0.10) by $0.04. Culp had a negative net margin of 8.96% and a negative return on equity of 18.18%. The company had revenue of $48.77 million for the quarter, compared to analyst estimates of $52.40 million.

Culp Trading Up 2.0%

Shares of NYSE:CULP opened at $4.30 on Wednesday. Culp has a 12 month low of $3.42 and a 12 month high of $6.85. The company has a quick ratio of 0.73, a current ratio of 1.78 and a debt-to-equity ratio of 0.08. The company's fifty day simple moving average is $4.27 and its 200 day simple moving average is $4.41. The firm has a market cap of $53.95 million, a price-to-earnings ratio of -2.81 and a beta of 1.05.

Analysts Set New Price Targets

Separately, Wall Street Zen assumed coverage on shares of Culp in a report on Saturday, May 17th. They set a "hold" rating on the stock.

Insiders Place Their Bets

In other Culp news, CEO Robert George Iv Culp bought 12,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The stock was acquired at an average price of $4.15 per share, with a total value of $49,800.00. Following the completion of the transaction, the chief executive officer owned 104,030 shares in the company, valued at approximately $431,724.50. This trade represents a 13.04% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 7.40% of the company's stock.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in Culp stock. Ameriprise Financial Inc. boosted its holdings in Culp, Inc. (NYSE:CULP - Free Report) by 10.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 694,888 shares of the textile maker's stock after purchasing an additional 62,932 shares during the period. Ameriprise Financial Inc. owned about 5.53% of Culp worth $2,731,000 as of its most recent filing with the Securities and Exchange Commission. 75.05% of the stock is owned by hedge funds and other institutional investors.

About Culp

Culp, Inc manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in the United States, North America, the Far East, Asia, and internationally. It operates in two segments, Mattress Fabrics and Upholstery Fabrics.

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