Exhibit 99.1 CULP ANNOUNCES RESULTS FOR THIRD QUARTER FISCAL 2024, WITH CONTINUED SEQUENTIAL AND YEAR-OVER-YEAR OPERATING IMPROVEMENT HIGH POINT, N.C. (March 6, 2024) ─ Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 28, 2024. Fiscal 2024 Third Quarter Financial Summary ▪ Net sales for the third quarter of fiscal 2024 were $60.4 million, up 15.0 percent compared with the prior-year period, with m ...