Company: CULP
Filing Date: 2025-09-12
Form Type: 10-Q
Source: 0000723603-25-000004
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Company: CULP INC
Filing Date: 2025-09-12
Form: 10-Q
Item: Item 1A
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There have not been any material changes to our risk factors during the three months ended August 3, 2025, from the risk factors disclosed in Item 1A “Risk Factors” of the company’s Annual Report on Form 10-K filed with the Securities and Exchange Commission on July 11, 2025, for the fiscal year ended April 27, 2025.

Item 2. Unregistered Sales of Equity Securities and Use of Proceeds

ISSUER PURCHASES OF EQUITY SECURITIES

     (c)

     (d)

     Total Number of

     Approximate

     (a)

     Shares Purchased

     Dollar Value of

     Total

     (b)

     as Part of

     Shares that May

     Number

     Average

     Publicly

     Yet Be Purchased

     of Shares

     Price Paid

     Announced Plans

     Under the Plans or

     Period
      
     Purchased

     per Share

     or Programs

     Programs (1)

     April 28, 2025 to June 1, 2025

     —

     —

     —

     $
     3,248,094

     June 2, 2025 to June 29, 2025

     —

     —

     —

     $
     3,248,094

     June 30, 2025 to August 3, 2025

     —

     —

     —

     $
     3,248,094

     Total

     —

     —

     —

     $
     3,248,094

(1)In March 2020, our board of directors approved an authorization for us to acquire up to $5.0 million of our common stock. 

Item 5.	Other Information

During the three months ended August 3, 2025, none of the company's directors or officers (as defined in Rule 16a-1(f) of the Securities Exchange Act of 1934) adopted or terminated a "Rule 10b5-1 trading arrangement" or a "non-Rule 10b5-1 trading arrangement" (as such terms are defined in Item 408 of Regulation S-K).