Added to YB: 2026-10-06
Pitch date: 2026-09-28
CULP [bullish]
Culp, Inc.
+2.96%
current return
Author Info
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Company Info
Culp, Inc. manufactures, sources, and sells fabrics and mattress covers, sewn covers, and cut and sewn kits for use in mattresses, foundations, and mattress sets in the United States, North America, the Far East, Asia, and internationally.
Market Cap
$49.5M
Pitch Price
$3.71
Price Target
8.80 (+130%)
Dividend
N/A
EV/EBITDA
-71.53
P/E
-12.31
EV/Sales
0.26
Sector
Textiles, Apparel and Luxury Goods
Category
turnaround
Culp Inc ($CULP)
CULP: Culp is a mattress- and upholstery-fabric leader trading at 0.85x tangible book in year five of a bedding downturn. Restructuring delivered $22M+ of annualized benefits, bedding drove two consecutive quarters of sales growth, and Q1 adjusted EBITDA reached roughly breakeven excluding a tariff refund and insurance proceeds. A five-year cycle recovery supports an $8.80 target, 150% upside and a 20% IRR; risks include further import share gains and delayed housing or mattress recovery.
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