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Basis of Presentation
6 Months Ended
Nov. 03, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation
1. Basis of Presentation
The accompanying unaudited consolidated financial statements of Culp, Inc. and its majority-owned subsidiaries (the “company”) include all adjustments, which are, in the opinion of management, necessary for fair presentation of the results of operations and financial position. All of these adjustments are of a normal recurring nature. Results of operations for interim periods may not be indicative of future results. The unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements, which are included in the company’s annual report on Form
10-K
filed with the Securities and Exchange Commission on July 12, 2019, for the fiscal year ended April 28, 2019.
The company’s
six-months
ended November 3, 2019, and October 28, 2018, represent
27-week
and
26-week
periods, respectively.