Welcome to our dedicated page for Culp SEC filings (Ticker: CULP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Culp, Inc. (NYSE: CULP) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures as filed with the U.S. Securities and Exchange Commission. Culp is a North Carolina-based manufacturer and marketer of mattress fabrics for bedding and upholstery fabrics for residential, commercial, and hospitality furniture and other applications, and its filings offer detailed insight into this business.
Here, investors can review current reports on Form 8-K in which Culp furnishes news releases announcing quarterly and annual financial results, restructuring progress, and integration initiatives. These 8-K filings often include non-GAAP reconciliations for measures such as adjusted gross profit, adjusted income (loss) from operations, adjusted EBITDA, net debt, free cash flow, and adjusted free cash flow, along with explanations of why management uses these metrics.
The page also links to proxy materials such as the definitive proxy statement (DEF 14A), where Culp describes its board structure, director nominees, governance practices, and executive compensation program, as well as the matters submitted to shareholder votes at the annual meeting. Additional filings document shareholder voting results, auditor ratification, and advisory votes on executive pay.
Stock Titan enhances these filings with AI-powered summaries that highlight key points from lengthy documents, helping readers understand how Culp’s bedding and upholstery segments are performing, how restructuring and facility sales are affecting its operations, and which risk factors the company emphasizes, including housing-related demand, tariffs, and international operations. Real-time updates from EDGAR ensure that new CULP filings, including future 10-K and 10-Q reports, 8-Ks, and proxy statements, are quickly available with context and plain-language explanations.
Culp, Inc. plans to move its stock exchange listing from the New York Stock Exchange to the Nasdaq Capital Market. Acting under board authorization, the company notified the NYSE of a voluntary withdrawal of its common stock listing.
Trading in Culp’s common stock is expected to end on the NYSE at market close on March 5, 2026, and begin on Nasdaq at market open on March 6, 2026. The shares have been approved for listing on Nasdaq and will continue to trade under the ticker symbol “CULP”.
Management describes Nasdaq as a listing venue more closely aligned with companies it considers peers and expects a seamless transition for shareholders, while acknowledging typical forward-looking risks such as potential timing delays or market disruptions during the transfer.
Gate City Capital Management and managing member Michael Melby report beneficial ownership of 737,301 shares of Culp, Inc. common stock, representing 5.8% of the class as of the event date 12/31/2025.
They report sole voting and dispositive power over all 737,301 shares and no shared power. The shares are held by private investment funds and managed accounts advised by Gate City Capital. The position is certified as being held in the ordinary course of business and not for the purpose of changing or influencing control of Culp.
Culp Inc. director files amended initial ownership report showing no direct shares. The Form 3/A lists the reporting person as a director of Culp Inc. and reports beneficial ownership of 0 shares of common stock in direct form.
The footnote explains that the director may be deemed part of a Section 13(d) group that collectively owns more than 10% of Culp’s outstanding common stock. However, he expressly disclaims beneficial ownership of securities directly owned by other members of that group for Section 16 and other purposes.
CULP INC director files initial ownership report showing no direct shares
CULP INC director Mark Wilson filed an initial Form 3 stating that he directly owns 0 shares of the company’s common stock. This form establishes his baseline ownership position as he becomes subject to insider reporting rules.
The filing notes he may be deemed part of a Section 13(d) group that collectively holds more than 10% of CULP’s common stock, but he expressly disclaims beneficial ownership of the securities held by that group. The report states it should not be viewed as an admission that he beneficially owns those shares for Section 16 or any other purpose.
Culp, Inc. reported that its Board of Directors elected Mark Wilson as a director, effective immediately, to fill the vacancy created by the December 11, 2025 resignation of Alexander B. Jones. Wilson is General Counsel for 22NW Fund, LP, a party to Culp’s June 6, 2025 Cooperation Agreement, and his election and planned nomination for re-election at the 2026 annual meeting are made pursuant to that agreement.
The Board determined that Wilson is independent under Culp’s Corporate Governance Guidelines and New York Stock Exchange rules and appointed him to the Strategy Committee. As a non-employee director, he will receive an annual cash retainer of $55,000, prorated for fiscal 2026, and is normally entitled to an annual equity grant of restricted stock units with a grant date fair value of $55,000. Because of his election date, he will not receive an equity grant until after the 2026 annual meeting. Culp also plans to enter into its standard Indemnification Agreement with Wilson.
Culp, Inc. reported upcoming leadership changes in its finance organization. Executive Vice President, Chief Financial Officer, Treasurer and principal financial officer Kenneth R. Bowling has notified the company of his plan to retire at the end of calendar year 2026 after approximately 30 years with the company. He will remain in his current role until the earlier of December 31, 2026, or the appointment of his successor, and will receive his current compensation and eligible benefits through December 31, 2026, while assisting with a strategic and orderly transition. The company has begun a comprehensive external search for a new chief financial officer.
Separately, Ronald S. Chandler, Vice President and Corporate Controller and the company’s principal accounting officer, has decided to resign effective February 13, 2026, and will serve in his current role until that date. After his resignation becomes effective, Mr. Bowling will assume the role and responsibilities of principal accounting officer on an interim basis. The company stated that neither Mr. Bowling’s planned retirement nor Mr. Chandler’s resignation is due to any disagreement regarding operations, policies, or practices.
22NW Fund, LP and affiliated investors report a significant stake in Culp Inc. They disclose beneficial ownership of 1,859,061 shares of Culp common stock by 22NW Fund, representing approximately 14.7% of the 12,662,784 shares outstanding as of December 10, 2025. Including shares held personally, Aron R. English is deemed to beneficially own 1,860,511 shares, or about 14.7% of the company.
The amendment notes that Alexander B. Jones ceased to be an employee of 22NW on December 10, 2025 and will no longer be part of the Section 13(d) reporting group. The filing details that 22NW’s position was purchased with working capital for about $13.53 million, while Messrs. English, Hirai-Hadley, and Jones acquired additional shares through personal funds and vested restricted stock units. The remaining reporting persons entered into a joint filing agreement on December 12, 2025 and state that there have been no transactions in Culp securities by them during the past 60 days.
Culp, Inc. reported a smaller net loss for the second quarter of fiscal 2026 as restructuring gains offset softer sales. For the three months ended November 2, 2025, net sales were $53.2 million versus $55.7 million a year earlier, with a net loss of $4.3 million compared with $5.6 million. Over the first six months, sales declined to $103.9 million from $112.2 million, but the net loss narrowed sharply to $4.5 million from $12.9 million, helped by a $3.0 million restructuring credit that includes a $4.0 million gain on the sale of a Quebec manufacturing property.
Gross profit improved year-to-date despite lower revenue, while operating loss shrank from $12.3 million to $1.8 million. Cash used in operations was $1.2 million, with cash and cash equivalents rising to $10.7 million at period end, supported by higher borrowings under lines of credit totaling $18.3 million. Shareholders’ equity decreased to $53.6 million, reflecting accumulated losses, and the company continues multi-year restructuring and a strategic transformation to combine its bedding and upholstery operations into a single Culp-branded business.
Culp, Inc. filed a Form 8-K to announce that it released its financial results for the second quarter ended November 2, 2025, via a news release furnished as Exhibit 99.1. The company emphasizes extensive use of non-U.S. GAAP measures, including adjusted gross profit, adjusted income (loss) from operations, net debt, adjusted free cash flow, and adjusted EBITDA, each reconciled to GAAP in the release.
These adjustments mainly remove restructuring credits and charges tied to the sale of a mattress fabrics facility in Quebec, Canada and segment integration initiatives, as well as other non-recurring items. Beginning with this quarter, Culp also modified its adjusted EBITDA definition to exclude non-cash foreign exchange impacts, aiming to focus on operational performance. Management uses these non-GAAP metrics to evaluate the business, guide cash decisions, and as inputs to incentive-based executive compensation, while cautioning they are not substitutes for GAAP results.
CULP Inc.: Gate City Capital Management, LLC and Michael Melby filed Amendment No. 4 to Schedule 13G/A reporting beneficial ownership of 985,277 shares of CULP common stock, representing 7.8% of the class. The reporting persons indicate sole voting and sole dispositive power over the same 985,277 shares.
The filing states the shares are held by funds and managed accounts advised by Gate City Capital, with Mr. Melby as managing member. The certification affirms the securities were acquired and are held in the ordinary course and not for the purpose of changing or influencing control. The stated date of event is 09/30/2025.