Loss widens sequentially: Culp, Inc (NYSE: CULP) reported a loss of $0.27 per share for Q3 fiscal 2026, compared to a loss of $0.33 per share in the year-ago period. The textile manufacturer posted a net loss of $3.4 million on revenue of $48.0 million. Operating income came in at negative $3.7 million, while adjusted EBITDA registered negative $2.2 million.
Revenue slides year-over-year: Q3 revenue of $48.0 million declined 8.2% from $52.3 million in the year-ago quarter. The company generated gross profit of $5.3 million against cost of revenue of $42.7 million.
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The post Culp (CULP) Reports Q3 Loss of $0.27 Per Share as Revenue Falls 8.2% to $48M first appeared on Alphastreet.
