Culp Inc Stock Discussion

$Culp Inc (CULP.US)$
Culp Announces Results for Second Quarter Fiscal 2025, Highlighted by Sequential Improvement in Mattress Fabrics Performance, Along With Steady Restructuring Progress
Positive
Mattress fabrics segment sales increased 7.1% sequentially
70.7% sequential reduction in mattress fabrics operating loss
Expected positive adjusted EBITDA for second half of FY2025
Projected $10-11 million in annualized savings after restructuring completion
Upholstery fabrics segment remains pro...