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Culp Inc  (CULP)
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Price: $4.3800 $-0.26 -5.603%
Day's High: $4.774 Week Perf: -13.1 %
Day's Low: $ 4.38 30 Day Perf: -12.4 %
Volume (M): 33 52 Wk High: $ 5.99
Volume (M$): $ 145 52 Wk Avg: $5.27
Open: $4.63 52 Wk Low: $4.20



 Market Capitalization (Millions $) 55
 Shares Outstanding (Millions) 12
 Employees -
 Revenues (TTM) (Millions $) 228
 Net Income (TTM) (Millions $) -19
 Cash Flow (TTM) (Millions $) -4
 Capital Exp. (TTM) (Millions $) 3

Culp Inc
Culp Inc. is a leading global provider of mattress and upholstery fabrics, based in High Point, North Carolina. Founded in 1972, the company has since grown to become one of the largest textile manufacturers in the world.

Culp's product line includes a diverse range of fabrics for home furnishings, bedding, and other decorative applications. They offer a broad range of products, from the latest high-tech performance fabrics to classic woven and printed designs. Culp's mattress fabrics business is a leading supplier of fabrics to the bedding industry in the United States, providing innovative and high-quality fabrics to leading manufacturers of bedding products. They are considered an industry leader in designing, developing, and producing fabrics that meet the most stringent performance, durability, and aesthetic requirements.

Culp's upholstery fabrics business serves a broad range of customers, from residential furniture manufacturers to hospitality and commercial markets worldwide. The company provides a wide range of fabrics, including woven, knitted, specialty jacquard, velvet, leather, and performance fabrics.

Culp's products are sold through a global network of fabric distributors, furniture manufacturers, and retailers. Their customer base includes some of the most prestigious names in the home furnishings industry, such as Ethan Allen, La-Z-Boy, and Ashley Furniture.

Under the leadership of its experienced management team, Culp has grown significantly in recent years, expanding its operations both domestically and internationally. The company has also made strategic acquisitions, such as the acquisition of Eversoft in 2019, to further solidify its market position.

In addition to its focus on delivering high-quality products, innovation is an integral part of Culp's business. They continually invest in research and development, using cutting-edge technology and sustainable practices to create fabrics that meet the evolving needs of their customers.

Overall, Culp Inc. is a well-established and respected player in the global textile industry, known for its high-quality products, innovation, and commitment to sustainability.


   Company Address: 1823 Eastchester Drive High Point 27265 NC
   Company Phone Number: 889-5161   Stock Exchange / Ticker: NYSE CULP
   


Customers Net Income grew by CULP's Customers Net Profit Margin grew to

34.89 %

2.61 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

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Management Changes

Culp Upholstery Fabrics Strengthens Leadership Team with Addition of Mary Beth Hunsberger and Planned Transition for Division President Boyd Chumbley

Published Mon, Jan 8 2024 9:15 PM UTC

Culp Upholstery Fabrics Announces Leadership Addition and Planned Transition for Division President
High Point, N.C. - Culp, Inc. (NYSE: CULP), a leading company in the upholstery fabrics industry, has announced significant changes in its leadership team. Mary Beth Hunsberger will be joining the company as the new Executive Vice President of Culp Upholstery Fabrics, effe...

Culp Inc

Culp Inc Grapples with Underwhelming Performance in the Latest Fiscal Period Amidst Challenging Market Conditions

Culp Inc is a company that operates in the Apparel, Footwear & Accessories industry. Recently, the company reported its financial and operating results for the second quarter ended October 29, 2023. Despite facing some challenges, the company showed signs of improvement compared to the previous fiscal year.
During the fiscal interval closing October 29, 2023, Culp Inc reported a decrease in loss per share from $-0.99 to $-0.19 compared to the prior year. Furthermore, the earnings per share improved from $-0.27 in the prior financial reporting period, indicating a positive trend. However, revenue experienced a slight decline of 0.738%, with the company reporting $57.95 million, compared to $58.38 million in the same period the previous year. However, sequentially, there was a growth in revenue by 3.325% from $56.09 million.

Culp Inc

Culp Inc Shatters Expectations as Losses Narrow and Revenue Shows Resilience in First Quarter of 2023

The stock market can be an unpredictable beast, with countless factors influencing the rise and fall of companies' financial standings. One company that has managed to navigate through these challenges in the first quarter of 2023 is Culp Inc. While the company still experienced losses, it was able to significantly reduce these losses compared to the previous year.
During the first quarter of 2023, Culp Inc reported a loss per share of $-0.27, a considerable improvement from the $-0.47 loss per share in the same reporting season a year prior. Additionally, the company's revenue saw a decline of -10.413%, falling to $56.09 million compared to $62.60 million the previous year.

Culp Inc

Strong Q4 Revenue Growth Witnessed by Apparel, Footwear & Accessories Companies in 2023


Introduction:
Culp Inc, a prominent company in the Apparel, Footwear & Accessories industry, recently released its financial results for the most recent fiscal period. These results indicate both positive and negative trends that could impact the company's performance going forward. This article will delve into the facts, analyzing their potential impact on Culp Inc's future prospects.
1. Revenue Growth:
Culp Inc has experienced steady revenue growth over the past fiscal period, with a 7.878% increase to $61.43 million compared to $56.94 million in the same reporting period a year ago. Moreover, the company managed to improve its revenue sequentially by 16.951% from $52.52 million. This growth suggests positive customer demand and potential market opportunities for Culp Inc.






 

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