Culp Inc (CULP) reported mixed results for Q2 2024, with total revenue reaching $55.6 million, reflecting a slight decline of 1.5% compared to the previous quarter and a 5.2% decrease YoY. While the company continues to navigate a challenging operating environment marked by demand softness in the residential furniture and bedding sectors, it has made strategic strides in improving its operational efficiency and financial stability. The mattress fabrics segment exhibited a robust growth performance with a 19.6% increase in sales year-over-year, indicating that strategic initiatives such as new product placements and SKU rationalization are beginning to pay off. However, profitability remains a concern, as the company reported a net loss of $5.6 million. Management's focus on maintaining a strong balance sheet and optimizing working capital will be critical as it aims for improved performance in the second half of fiscal 2024.