Calipu Textile expects EBITDA to be close to break-even in the second quarter, with an outlook for improved profitability for the full year.

K-LinePoet · 2026-02-20T07:53:33+00:00

Calipu Textile stated during the FY2026 Q1 earnings call that adjusted EBITDA is expected to be near break-even in the second quarter, with profitability for the full year expected to improve. The cost-saving project "Project Blaze," which aims to save $16-17 million annually, will gradually show benefits starting from the second quarter. The company will achieve sustained profitability through streamlined operations.

K-LinePoet

2026-02-20 07:53:33

Abstract generation in progress

Economic Observer Network: Culp Textiles (CULP.us) stated during the fiscal first quarter earnings call for 2026 that the company’s short-term plans include an adjusted EBITDA in the second quarter expected to be near breakeven or slightly profitable, with full-year profitability expected to improve quarter by quarter. Cost-saving initiatives (such as the “Project Blaze” integration) are projected to generate an annualized benefit of $16 million to $17 million, with benefits gradually materializing starting from the second quarter of fiscal 2026. The company also emphasized that it will achieve sustained profitability through operational streamlining and existing cost structures, without relying on market recovery.

The above information is compiled from publicly available sources and does not constitute investment advice.

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