Culp Reports Q2 Fiscal 2026 Results with Net Sales of $53.2M, Gross Profit of $5.8M, and Net Loss of $4.3M

Culp, Inc. reported Q2 FY26 financial results with net sales of $53.2 million, a sequential improvement from Q1 but a decline from the prior-year period. Gross profit was $5.8 million, or 10.9% of sales, compared to $6.0 million in the prior-year period. Loss from operations was $(3.5) million, and net loss was $(4.3) million, or $(.34) per diluted share. The company is making aggressive adjustments to its cost structure and positioning itself for growth when market conditions improve.