Culp, Inc.NASDAQ: CULP

Q1 Fiscal 2026 Supplemental Information

· Issued by Culp, Inc.
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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



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    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

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