Business
Culp : Q1 Fiscal 2026 Supplemental Information
Culp : Q1 Fiscal 2026 Supplemental

About this update from Culp, Inc.
FIRST QUARTER FY2G: SUPPLEMENTAL INFORMATION Sep tem b er 2 0 2 5 BUSINESS OVERVIEW & STRATEGIC ACTIONS CULP, INC. (NYSE: CULP) One of North America's largest marketers of mattress fabrics for bedding and upholstery fabrics for residential, commercial, and hospitality furniture and other applications. Global customer base of leading bedding and furniture companies, including fabrics produced at manufacturing facilities in the United States, China, Haiti, and Vietnam, and fabrics sourced through a dedicated supply relationship in Turkey and other suppliers. Founded : 1972 Headquarters : High Point, North Carolina Initial Public Offering: 1983 Fiscal 2025 Revenue* : $213.2 Million Employees: 829 *Year ended April 27, 2025 TWO LE ADING B USINESSES IN M ULTI- BILLION DOLLAR M ARKETS BEDDING SEGMENT Market leader in mattress fabrics, covers and related products Strong U.S., nearshore, and offshore supply chains Majority of assets in U.S. 53% of Culp Fiscal 2025 revenue UPHOLSTERY SEGMENT Market leader in fabrics for residential and commercial/hospitality furniture and window treatment markets Asset-light sourcing model Primarily Asia supply chain 47% of Fiscal 2025 revenue 4 CULP BEDDING Large-Scale Leader in Consolidated Industry with Significant Barriers to Entry I N N O V A T I V E P R O D U C T S C O M P E T I T I V E S T R E N G T H S G R O W I N G M A R K E T S H A R E Knitted fabrics Sewn mattress covers Damask and woven fabrics Bedding accessories Wide range of fashionable styles and price points One of the largest producers of mattress fabrics in North America Market Size $500-600M 1 Culp Share 20-25% 2 Global manufacturing and sourcing: U.S., China, Vietnam, Haiti, Turkey Strong U.S. base and global footprint provide competitive advantage in current trade/tariff environment Innovative designs capitalizing on sleep trends, cooling and sustainability 1 Management estimates for domestic mattress fabric and cover market 2 Culp top 2 player 5 Attention : This is an excerpt of the original content. To continue reading it, access the original document here .