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#Home Textiles

Culp reports improved operating results in Q2 as restructuring gains traction

Culp, Inc., a major supplier of mattress and upholstery fabrics, reported its fiscal Q2 2026 results with signs of operational improvement despite continued weakness in the global home furnishings market. Consolidated sales reached USD 53.2 million, slightly above the previous quarter, with the bedding segment growing both sequentially and year-over-year.

The company continued to benefit from its multi-phase restructuring program, which has strengthened gross margins and reduced costs across the business. Adjusted operating loss improved to USD –2.0 million (previous year: –2.6 million), while SG&A expenses decreased by around 7%. Culp expects to realize more than USD 20 million in annualized cost savings by fiscal 2027.

The restructured bedding division was a key driver of progress: gross profit in this segment rose 27% year-over-year as efficiency measures took hold and market share increased in knit fabrics and sewn covers. Management sees early signs of stabilization in the bedding market.

Upholstery fabrics remained under pressure due to weak housing demand and tariff volatility, though margins held steady in the U.S. market. Additional footprint reductions in China and integration initiatives are expected to support profitability in the second half of the year.

CEO Iv Culp highlighted the company’s focus on platform optimization, pricing actions in response to new tariffs, and disciplined liquidity management. “We are in the homestretch of a comprehensive transformation designed to generate sustained profitability across industry cycles,” he said.

For the remainder of fiscal 2026, Culp anticipates steady sales, improving margins and SG&A efficiency, and near breakeven to positive adjusted EBITDA in Q3.



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#Textiles & Apparel / Garment

Culp reports FY2025 results and completes restructuring to support future growth

Culp, Inc. (NYSE: CULP), a leading supplier of fabrics for bedding and upholstered furniture, has reported its financial results for the fourth quarter and full fiscal year ended April 27, 2025. Despite continued macroeconomic and tariff-related challenges, the company completed its restructuring plan and entered fiscal 2026 with a leaner, more efficient operating model.

#Home Textiles

Culp announces strategic transformation of operating model following completion of restructuring initiatives

Culp, Inc. (NYSE: CULP), a leading provider of fabrics for bedding and upholstery fabrics for residential and commercial furniture, today announced the strategic transformation of its operating model to further position the Company for flexibility and growth. The Company will combine its two stand-alone operating divisions, Culp Upholstery Fabrics and Culp Home Fashions, into a single, integrated business designed to optimize operational agility and collaboration, further streamline costs and processes across its business, and, most importantly, increase responsiveness to customer needs and market trends.

#Textiles & Apparel / Garment

Culp names Mary Beth Hunsberger as President of Culp Upholstery Fabrics

Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that its board of directors has named Mary Beth Hunsberger as President of Culp Upholstery Fabrics, effective July 27, 2024, following the planned succession of retiring division president, Boyd Chumbley. Hunsberger joined CULP in January 2024 as the Executive Vice President of the division and has worked closely with Chumbley over the past six months.

More News on Home Textiles

#Knitting & Hosiery

“We Believe in the Value of Textiles”: Successful Opening of the KARL MAYER TEXTILE INNOVATION CENTER

KARL MAYER inaugurated its new, state-of-the-art TEXTILE INNOVATION CENTER (TIC) with a four-day opening week from April 21 to 24. The highlight of the week was the grand opening on Thursday, which drew a strong turnout from the international textile industry: around 220 customers, brands, and partners from across the textile value chain came to the company’s headquarters in Obertshausen for a first-hand look at the new high-tech development environment and lively exchange with industry peers.

#Heimtextil 2027

Heimtextil celebrates Milan Design Week honoring partnerships with Patricia Urquiola and Alcova Milano

Heimtextil is represented at Milan Design Week with its strong design partners Patricia Urquiola and Alcova. At Villa Pestarini, the leading trade fair spotlighted its dynamic collaborations with acclaimed designer Patricia Urquiola and Alcova Milano.

#Home Textiles

Dual record participation, sleep and sustainability in focus as Intertextile Shanghai Home Textiles concludes for spring

Spring Edition 2026 concluded on 13 March at the National Exhibition and Convention Center (Shanghai), achieving record highs in both exhibitor and visitor numbers. Nearly 380 exhibitors from six countries and regions connected with more than 28,500 visitors (12% increase[1]) from 83 countries and regions. As well as higher international participation from countries such as Portugal and Uzbekistan, the fair gathered major regional industry clusters from China, showcasing excellent functional products – particularly within the expanding sleep economy – that blend cutting-edge production with evolving consumer demands for stylish, comfortable, and sustainable living solutions. This dynamic mix was vividly showcased across Hall 5.2, cementing the Spring Edition’s role as a noteworthy platform for industry advancement.

#Home Textiles

Intertextile Shanghai Home Textiles – Spring Edition opens next week to spotlight smart textiles, sleep trends and sustainable sourcing

The home textiles industry is ready to gather in Shanghai next week as Intertextile Shanghai Home Textiles – Spring Edition 2026 prepares to open at the National Exhibition and Convention Center from 11 – 13 March. Bringing together more than 360 exhibitors from six countries and regions, the fair will showcase an extensive array of home textiles, including bedding, towelling, carpets, home textile technologies, textile design and more, serving as a forward‑thinking hub where design, sustainability and smart living converge.

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#Digital Printing

Kornit Digital launches Konnections 365

Kornit Digital (NASDAQ: KRNT) (“Kornit” or the “Company”), a global pioneer in sustainable, on-demand digital fashion and textile production today announced the launch of Konnections 365 - a year-round movement designed for the people moving the apparel, print, and retail industries forward. The strategy is built on the overwhelming success of Konnections 2026 held in Hollywood, Florida, featuring more than 500 customers, partners, and collaborators who together are driving the future of apparel and textiles.

#Techtextil 2026

Techtextil 2026: KARL MAYER impresses as an innovative sector partner

KARL MAYER looks back with satisfaction on its participation in Techtextil 2026. From April 21 to 24, the international industry leader used the trade show in Frankfurt to meet with numerous key customers at its booth and, at the same time, establish many new contacts. Most visitors came from Germany, followed by major markets such as Poland, the United Kingdom, Turkey, France, and Portugal.

#Associations

BTMA backs global growth while investing in future UK leaders

As one of a number of new initiatives launched this year, the British Textile Machinery Association (BTMA) is launching the UK-India Textile Machinery Coalition. The UK-India Free Trade Agreement, signed in July 2025, has implications that extend across sourcing, competitiveness and long-term trade dynamics, believes BTMA CEO Jason Kent.

#Raw Materials

China projected to increase cotton production, yields, and imports in 2026/27

World cotton production in the 2026/27 season is projected at 25.9 million tonnes, exceeding global consumption of 25.2 million tonnes, according to the May 2026 issue of Cotton This Month. That means both production and consumption are expected to remain close to current season levels, while global cotton trade is projected to decline by 2.7% to approximately 9.6-9.7 million tonnes.

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