Culp, Inc. shares rose 18.62% to $4.14 in Wednesday after-hours trading after the North Carolina-based bedding and upholstery fabric maker exceeded Wall Street estimates for fiscal first-quarter 2027. For the quarter ended Aug. 2, revenue increased 6.5% year over year to $53.97 million despite one fewer selling week, while earnings per share reached $0.47 versus the $0.44 estimate. Net income was $6 million, helped by one-time International Emergency Economic Powers Act tariff recoveries tied to previously incurred costs. Culp reduced net debt more than 70% to $3.1 million and ended the quarter with $29.4 million in total liquidity. For the second quarter, the company expects steady sequential sales volumes, modest year-over-year growth, break-even operating income and accelerating adjusted EBITDA. The stock closed the regular session at $3.49, up 2.05%, and has declined 25.74% over the past 12 months.