Culp, Inc. (CULP)

NYSE: CULP · IEX Real-Time Price · USD
4.370
-0.020 (-0.46%)
Jul 2, 2024, 4:00 PM EDT - Market closed
-0.46%
Market Cap 54.49M
Revenue (ttm) 237.23M
Net Income (ttm) -13.63M
Shares Out 12.47M
EPS (ttm) -1.10
PE Ratio n/a
Forward PE 10.57
Dividend n/a
Ex-Dividend Date n/a
Volume 21,853
Open 4.380
Previous Close 4.390
Day's Range 4.350 - 4.480
52-Week Range 4.250 - 5.990
Beta 1.24
Analysts n/a
Price Target n/a
Earnings Date Jun 27, 2024

About CULP

Culp, Inc. manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in the United States, North America, the Far East, Asia, and internationally. It operates in two segments, Mattress Fabrics and Upholstery Fabrics. The Mattress Fabrics segment offers woven jacquard, knitted, and converted fabrics for use in the production of bedding products, including mattresses, box springs, foundations, and top of bed components. The Upholstery Fabrics segme... [Read more]

Founded 1972
Employees 1,333
Stock Exchange NYSE
Ticker Symbol CULP
Full Company Profile

Financial Performance

In 2023, Culp, Inc.'s revenue was $234.93 million, a decrease of -20.32% compared to the previous year's $294.84 million. Losses were -$31.52 million, 881.6% more than in 2022.

Financial Statements

News

Culp Announces Results for Fourth Quarter and Fiscal 2024, Provides Update on Restructuring Initiatives

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the fourth quarter and fiscal year e...

5 days ago - Business Wire

Culp, Inc. to Webcast Fourth Quarter and Fiscal 2024 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its fourth quarter and fiscal 2024 conference call on Fr...

8 days ago - Business Wire

Alexander B. Jones from 22NW, LP to be Added to the Board and Nominated to Serve on Culp, Inc. Board of Directors at 2024 Annual Shareholders Meeting.

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (the Company) (NYSE: CULP) today announced that it has entered into a cooperation agreement with 22NW, LP, one of the Company's largest shareholders. Purs...

15 days ago - Business Wire

Culp Announces Broad Restructuring Plan Primarily Focused on Mattress Fabrics Segment, Also Updates Financial Outlook for the Fourth Quarter of Fiscal 2024

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced a major restructuring plan designed to reduce costs, improve asset util...

2 months ago - Business Wire

Culp Announces Results for Third Quarter Fiscal 2024, With Continued Sequential and Year-Over-Year Operating Improvement

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 28, ...

4 months ago - Business Wire

Culp, Inc. to Webcast Third Quarter Fiscal 2024 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2024 conference call on Thursda...

4 months ago - Business Wire

Culp, Inc. to Participate in Water Tower Research Furniture/Furnishings Virtual Conference 2024

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that the company will participate in the Water Tower Research Furniture/Furnishings Virtual Conference 2024 on Wednesday, Jan...

6 months ago - Business Wire

Culp Announces Leadership Addition at Culp Upholstery Fabrics, Along With Planned Transition for Division President Boyd Chumbley

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that Mary Beth Hunsberger will be joining the company as Executive Vice...

6 months ago - Business Wire

Culp Announces Results for Second Quarter Fiscal 2024, With Continued Sequential and Strong Year-Over-Year Operating Improvement and a Solid Financial Position

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the second quarter ended October 29,...

7 months ago - Business Wire

Culp, Inc. to Webcast Second Quarter Fiscal 2024 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its second quarter fiscal 2024 conference call on Tuesda...

7 months ago - Business Wire

Culp Announces Results for First Quarter Fiscal 2024, With Better-than-Expected Operating Improvement and Continued Solid Financial Position

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the first quarter ended July 30, 202...

10 months ago - Business Wire

Culp, Inc. to Webcast First Quarter Fiscal 2024 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its first quarter fiscal 2024 conference call on Thursda...

11 months ago - Business Wire

Culp Announces 2023 Annual Meeting Date

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will hold its 2023 Annual Meeting of Shareholders on Wednesday, September 27, 2023, at 12:00 p.m. Eastern Time. Addit...

11 months ago - Business Wire

Culp Announces Results for Fourth Quarter and Fiscal 2023, Ends Year With Quarterly Sales and Operating Improvement and Higher Cash Position

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the fourth quarter and fiscal year e...

1 year ago - Business Wire

Culp, Inc. to Webcast Fourth Quarter and Fiscal 2023 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its fourth quarter and fiscal 2023 conference call on Th...

1 year ago - Business Wire

Culp, Inc. to Participate in Water Tower Research Fireside Chat Series

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that the company will participate in the Water Tower Research Fireside Chat Series on Tuesday, April 11, 2023, at 2:00 p.m. E...

1 year ago - Business Wire

Culp Announces Results for Third Quarter Fiscal 2023

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 29, ...

1 year ago - Business Wire

Culp, Inc. to Webcast Third Quarter Fiscal 2023 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2023 conference call on Thursda...

1 year ago - Business Wire

Culp Announces Results for Second Quarter Fiscal 2023, Including Inventory Impairments and Markdowns of Inventory and Improved Cash Position

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the second quarter ended October 3...

1 year ago - Business Wire

Culp, Inc. to Webcast Second Quarter Fiscal 2023 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its second quarter fiscal 2023 conference call on Thur...

1 year ago - Business Wire

Culp Announces Revised Expectations, Including Impairment and Markdowns of Inventory, and Improved Cash Position for Second Quarter Fiscal 2023

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that, based on unaudited preliminary results and current estimates, t...

1 year ago - Business Wire

Culp Announces Results for First Quarter Fiscal 2023

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the first quarter ended July 31, 202...

1 year ago - Business Wire

Culp, Inc. Announces Leadership Addition at Culp Home Fashions, Planned Retirement of Division President Sandy Brown

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that Tommy Bruno will be joining the company as Executive Vice Presiden...

1 year ago - Business Wire

Culp, Inc. to Webcast First Quarter Fiscal 2023 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its first quarter fiscal 2023 conference call on Thursda...

2 years ago - Business Wire

Culp Announces Change in Executive Management Structure

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced the company's board of directors has approved a change in the executive management structure of the company, effective Septem...

2 years ago - Business Wire