Culp, Inc. announced that it will transfer its common‑stock listing from the New York Stock Exchange to the Nasdaq Capital Market, effective March 6, 2026. The company will keep its ticker symbol, CULP, on the new exchange.
The transfer is part of Culp’s strategy to align its public‑market presence with peers that operate in similar segments and to leverage Nasdaq’s trading platforms and corporate solutions. Management said the transition is expected to be seamless for shareholders and that the company is grateful for its long partnership with the NYSE.
Culp’s decision follows the completion of a restructuring and integration program that has improved margins and positioned the company for future growth. While the program’s specific cost savings and margin gains are not disclosed, the company’s statement indicates that the program has strengthened its financial profile and operational efficiency.
The move may influence liquidity, investor perception, and the company’s ability to access capital markets, but it will not affect Culp’s operations, financial reporting, or regulatory obligations.
Culp thanked NYSE for its partnership and confirmed that the listing change will not disrupt its day‑to‑day business activities.
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