CSIMarket
 
Culp Inc  (NASDAQ: CULP)
 
Price: $3.4200 $-0.01 -0.292%
Day's High: $3.5199999809265137 Week Perf: 3.64 %
Day's Low: $ 3.42 30 Day Perf: -1.72 %
Volume (M): 27,337 52 Wk High: $ 4.80
Volume (M$): $ 0 52 Wk Avg: $3.52
Open: $3.42 52 Wk Low: $2.70



 Market Capitalization (Millions $) 43
 Shares Outstanding (Millions) 13
 Employees 887
 Revenues (TTM) (Millions $) 202
 Net Income (TTM) (Millions $) -10
 Cash Flow (TTM) (Millions $) 4
 Capital Exp. (TTM) (Millions $) 3

Business Description


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: 410 W. English Road 5th Floor High Point 27262 NC
   Company Phone Number: 889-5161   Stock Exchange / Ticker: NASDAQ CULP


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

9.61 %

4.18 %

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


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
CRS   -3.06%    
MHK        3.53% 
TILE   -6%    
• View Complete Report
   



Business Update

In an unprecedented move aimed at boosting performance and driving sustainable growth, Culp, Inc. (NYSE: CULP) unveiled today a comprehensive restructuring plan centered around its mattress fabrics segment. This bold initiative not only aims to reduce costs but also improve asset utilization and enhance overall profitability for the company. Culp, a leading manufacturer and marketer of high-qual...

Published Thu, May 2 2024 4:25 AM UTC

Culp Announces Ambitious Restructuring Plan to Revitalize Mattress Fabrics Segment, Bolstering Growth Prospects for Fiscal 2024In an unprecedented move aimed at boosting performance and driving sustainable growth, Culp, Inc. (NYSE: CULP) unveiled today a comprehensive restructuring plan centered around its mattress fabrics segment. This bold initiative not only aims to reduc...

Business Update

Culp, Inc. Announces Broad Restructuring Plan to Boost Performance and Enhance Growth

Published Wed, May 1 2024 8:47 PM UTC

Culp, Inc., a leading global supplier of mattress and upholstery fabrics, has recently unveiled a comprehensive restructuring plan aimed at reducing costs, optimizing asset utilization, and driving profitable growth. Primarily focused on their mattress fabrics segment, with additional actions in the upholstery fabrics segment, the company is undertaking strategic measures to...

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...




Fundamental Analysis

Valuation Current
Price to Earnings PE Ratio (TTM) -
Price to Earnings PE Ratio (Expected) -
Price to Sales (TTM) 0.21
Price to Sales (Expected) -
Price to Book 0.9
PEG (TTM) -

Financial Strength Current
Quick Ratio 0.18
Working Capital Ratio 1.78
Leverage Ratio (MRQ) 1.33
Total Debt to Equity 0.4
Interest Coverage (TTM) -
Debt Coverage (TTM) -

Per Share Current
Earnings (TTM) -0.81 $
Revenues (TTM) 15.99 $
Cash Flow (TTM) 0.32 $
Cash 0.66 $
Book Value 3.81 $
Dividend (TTM) 0 $

Efficiency Current
Revenue per Employee (TTM) 227,685
Net Income per Employee (TTM) -11,512
Receivable Turnover Ratio (TTM) 9.94
Inventory Turnover Ratio (TTM) 3.62
Asset Turnover Ratio (TTM) 1.51

Profitability Ratios Current
Gross Margin (MRQ) 13.22 %
Operating Margin (MRQ) -3.14 %
Net Margin (MRQ) -4.34 %
Net Cash Flow Margin (MRQ) 0 %
Effective Tax Rate (TTM) -

Management Effectiveness Current
Return On Assets (TTM) -
Return On Investment (TTM) -
Return On Equity (TTM) -
Dividend Yield -
Pay out Ratio (TTM) -



Culp Inc's Segments
Product    380.9 % of total Revenue
Service    13.26 % of total Revenue
Bedding Fabrics    225.85 % of total Revenue
Upholstery    168.31 % of total Revenue
North America Excluding United States    61.1 % of total Revenue
Far East and Asia    56.1 % of total Revenue
All Other Geographic Areas    5.89 % of total Revenue
International    123.09 % of total Revenue
Mx    55.59 % of total Revenue
Cn    24.41 % of total Revenue
Bedding    205.12 % of total Revenue





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