Risk factors
CULP (CULP) risk factors
Item 1A of every CULP Inc. 10-K on file, and what changed from one year to the next. Readings are automated and can be wrong; check the filing for the exact wording.
- FY2026 10-K risk factors29 risks5 new14 reworded
Tariff exposure broadened to include uncertain retention of a $7.0 million IEEPA refund and new global tariffs.
Filed Jul 17, 2026 - FY2025 10-K risk factors24 risks
Customer concentration exposes Culp to bedding manufacturer Serta-Simmons Bedding accounting for 13% of fiscal 2025 sales. Heavy reliance on offshore sourcing in China and Turkey exposes the company to tariffs and supply chain risks. The fiscal 2025 restructuring outsourced all internal jacquard fabric production and reduced internal manufacturing footprint.
Filed Jul 11, 2025