Culp

Culp, Inc. engages in the design, manufacture, and trade of mattresses and upholstery products. It operates through the Mattress Fabrics and Upholstery Fabrics segments. The Mattress Fabrics segment markets and sells covers and beddings under the Culp Home Fashions brand. The Upholstery Fabrics segment produces and supplies fabrics for residential and commercial manufacturers. The company was founded by Robert G. Culp, Jr. and Robert G. Culp, III in 1972 and is headquartered in High Point, NC.

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Earnings data Q2 2025

CULP reports improved performance and transformation efforts amidst financial challenges

CULP reported improved sales and operating performance, emphasized a strong balance sheet, and highlighted ongoing transformation efforts within its CHF Mattress Fabrics business. However, the company faces challenges with financial losses and limited guidance for the next quarter. Despite this, there are opportunities for potential positive developments in the future.

CULP reports mixed Q2 performance, aims for profitability in H2

CULP reported a mixed performance with a focus on operational improvement and prudent financial management. The company faces challenges related to softer demand and higher operating expenses but aims to achieve profitability in the second half of the year. Opportunities lie in achieving targeted operating incomes and leveraging sales growth for profitability.

Culp (CULP) reports Q3 losses, eyes profitability in 2024

Culp (CULP) faced significant challenges in Q3 2023 with sales decline and operational losses, but maintained a strong balance sheet and focused on profitability.
Strategic initiatives in the CHF Mattress Fabrics business and positive developments in China offer opportunities for future growth and improved performance.
While challenges persist, the company's efforts to enhance liquidity, diversify globally, and improve operational efficiency position it for long-term success.

Culp (CULP) reports resilient Q4 performance and eyes growth opportunities

Culp (CULP) navigated industry challenges in Q4 2023 to deliver improved financial performance. With a focus on maintaining a strong balance sheet and driving growth in Culp Home Fashions, the company is poised for future success despite near-term sales fluctuations.

Culp reports Q1 losses but eyes profitability with strategic growth

Culp, Inc. navigated challenges in soft industry demand, reporting lower net sales and operating losses for Q1 2024.
Despite this, the company showcased strengths in financial management, operational improvements, and profitability in the Upholstery Fabrics segment.
With a focus on leveraging increased sales, reducing costs, and matching industry growth rates, Culp aims for profitability and long-term success.
Management's confidence in achieving specific operating income targets by 2025-2026 signals a strategic vision for sustainable growth and performance.

Culp (CULP) reports strong Q2 performance and optimistic outlook

Culp (CULP) delivered a strong performance in Q2 2024 with notable improvements in sales and operating metrics. Despite challenges in the industry, the company's strategic initiatives and financial discipline have yielded positive results. With a focus on driving profitability and operational excellence, Culp (CULP) is poised for continued growth and success.

Culp (CULP) reports improved Q3 performance amidst revenue challenges

Culp (CULP) navigated challenges in Q3 2024 with improved sales performance in Mattress Fabrics and operational income in Upholstery Fabrics.
The company's strong financial position and focus on profitability strengths position it well for future growth opportunities.
Strategic adjustments and efficiency initiatives are key to overcoming challenges and driving sustainable profitability in the coming quarters.

Culp Reports Q4 Loss, Announces Major Restructuring Plan

Culp's Q4 2024 results reflected ongoing industry challenges, but the company is taking decisive steps to streamline operations and reduce costs through a comprehensive restructuring plan. With no outstanding debt and a focus on operational efficiency and product innovation, Culp aims to stabilize and grow in the challenging market environment.

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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, the company expects net sales for the second quarter of fiscal 2022 to be down approximately 11 percent as compared to the first quarter of fiscal 2022, and expects consolidated operating income (income from operations) to be in the range of $1.3 million to $1.6 million for the second quarter. These p

Culp Announces Revised Expectations for Second Quarter Fiscal 2022

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HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced the election of John A. Baugh, Kimberly B. Gatling, and Jonathan L. Kelly as members of its Board of Directors following the company's annual meeting of stockholders held earlier in the day. Mr. Baugh, Ms. Gatling, and Mr. Kelly join the company as new independent directors, each bringing unique experiences and professional backgrounds to Culp. Mr. Baugh is the Vice President of Investor Relations at PROG Holdings, Inc.,

Culp, Inc. Adds Three New Independent Directors

Culp, Inc.'s (CULP) CEO Iv Culp on Q1 2022 Results - Earnings Call Transcript

Culp, Inc. (CULP) delivered earnings and revenue surprises of 38.46% and 7.31%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

Culp, Inc. (CULP) Q1 Earnings and Revenues Top Estimates

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 August 1, 2021. Fiscal 2022 First Quarter Financial Summary Net sales were $83.0 million, up 28.8 percent over the pandemic-impacted prior-year period, with mattress fabrics sales up 19.3 percent and upholstery fabrics sales up 41.0 percent compared with the first quarter of last year. Income from operations (

Culp Announces Results for First Quarter Fiscal 2022

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 2022 conference call on Thursday, September 2, 2021, at 11:00 a.m. ET. During this call, Culp will review the company's financial and operating results for the first quarter ended August 1, 2021. A press release announcing these results will be issued after the close of market trading on Wednesday, September 1, 2021. The live we

Culp, Inc. to Webcast First Quarter Fiscal 2022 Conference Call

Culp, Inc. (CULP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Culp, Inc. (CULP) Earnings Expected to Grow: What to Know Ahead of Q1 Release

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that the company's sewn mattress cover production facilities located in Ouanaminthe, Haiti, were not affected by the recent magnitude-7.2 earthquake that occurred in southwestern Haiti, with the epicenter more than 275 miles from Culp's operations. Iv Culp, president and chief executive officer of Culp, Inc., commented, “We are extremely thankful that our Haiti operations are secure, and all of Culp's dedicated employees

Culp, Inc. Confirms Haiti Operations Are Secure Following Recent Earthquake

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As consumers are confident about their well-being, they will spend on big-ticket and other discretionary items. This calls for investing in stocks like CULP, Whirlpool (WHR) & Ford (F).

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Culp, Inc. (CULP) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Fast-paced Momentum Stock Culp, Inc. (CULP) Is Still Trading at a Bargain

If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Culp (CULP).

Can Culp (CULP) Stock Continue to Grow Earnings?

Culp (CULP) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

Culp (CULP): Strong Industry, Solid Earnings Estimate Revisions

Culp, Inc. (CULP) CEO Iv Culp on Q4 2021 Results - Earnings Call Transcript

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results from continuing operations for the fourth quarter and fiscal year ended May 2, 2021. Fiscal 2021 Fourth Quarter Financial Summary(1) Net sales were $79.1 million, up 67 percent over the prior-year period, with mattress fabrics sales up 84 percent and upholstery fabrics sales up 50 percent compared with the fourth quarter of last year. In

Culp Announces Results for Fourth Quarter and Fiscal 2021

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 2021 conference call on Thursday, June 17, 2021, at 11:00 a.m. ET. During this call, Culp will review the company's financial and operating results for the fourth quarter and fiscal year ended May 2, 2021. A press release announcing these results will be issued after the close of market trading on Wednesday, June 16, 2021.

Culp, Inc. to Webcast Fourth Quarter and Fiscal 2021 Conference Call

HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that Jeff Tsacoumangos has been named Head of Global Strategic Transformation, Supply Chain and Service for Culp Home Fashions (“CHF”), the company's mattress fabrics division. Tsacoumangos has served as Director of Quality Assurance and Continuous Improvement since 2016, where he has been responsible for oversight of quality and continuous improvement initiatives for CHF's manufacturing plants. He will continue to repor

Culp, Inc. Announces Promotions for Culp Home Fashions

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Culp's (CULP) CEO Iv Culp on Q3 2021 Results - Earnings Call Transcript

Culp, Inc. (CULP) delivered earnings and revenue surprises of 13.33% and 6.36%, respectively, for the quarter ended January 2021. Do the numbers hold clues to what lies ahead for the stock?

Culp, Inc. (CULP) Surpasses Q3 Earnings and Revenue Estimates

Shares of Culp (NYSE:CULP) moved lower in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share decreased 65.31% year over year to $0.17, which beat the estimate of $0.13.

Recap: Culp Q3 Earnings

HIGH POINT, N.C.--(BUSINESS WIRE)---- $CULP--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results from continuing operations for the third quarter ended January 31, 2021. Fiscal 2021 Third Quarter Financial Summary(1) Net sales were $79.3 million, up 15.8 percent over the prior-year period, with mattress fabrics sales up 15.1 percent and upholstery fabrics sales up 16.4 percent compared with the third quarter of last year. Pre-tax in

Culp Announces Results for Third Quarter Fiscal 2021

HIGH POINT, N.C. , Feb. 26, 2021 (GLOBE NEWSWIRE) -- Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2021 conference call on Thursday, March 4, 2021, at 11:00 a.m. ET.  During this call, Culp will review the company's financial and operating results for the third quarter ended January 31, 2021.  A press release announcing these results will be issued after the close of market trading on Wednesday, March 3, 2021.

Culp, Inc. to Broadcast Third Quarter Fiscal 2021 Conference Call Live on the Internet

HIGH POINT, N.C.--(BUSINESS WIRE)---- $CULP--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that, in response to the growing demand for sewn mattress covers and transforming market dynamics, the company has made strategic investments and enhancements to its global cut and sew mattress cover platform. CULP has reached an agreement to purchase the remaining fifty percent ownership interest in its unconsolidated joint venture, which produces cut and sew mattres

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