CULP Stock Recent News

GE Aerospace is giving employees stock via its new “takeoff grant.”

Despite the ongoing demand softness, Culp's (CULP) third-quarter fiscal 2024 results benefit from strong contribution and improved pricing and margin across segments.

Culp, Inc. (CULP) came out with a quarterly loss of $0.26 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.68 per share a year ago.

Strong market position, innovative product offerings and resilient global manufacturing and sourcing platform will likely aid Culp's (CULP) third-quarter fiscal 2024 performance.

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 Thursday, March 7, 2024, 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 28, 2024. A press release announcing these results will be issued after the close of market trading on Wednesday, March 6, 2024. The live webcast.

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, January 17, 2024. The event will showcase a full day of presentations by residential and commercial furniture manufacturers, wholesalers, and suppliers. These presentations and fireside chats will focus on corporate strategies, competitive strengths, and challenges. The event is open to the public, wi.

Culp, Inc. (NYSE:CULP ) Q2 2024 Results Conference Call December 5, 2023 11:00 AM ET Company Participants Dru Anderson - Investor Relations Iv Culp - President and Chief Executive Officer Ken Bowling - Chief Financial Officer Boyd Chumbley - President of Upholstery Fabrics Tommy Bruno - President of Mattress Fabrics Conference Call Participants Budd Bugatch - Water Tower Research Anthony Lebiedzinski - Sidoti Operator Good day. And welcome to the Culp, Inc. Second Quarter Fiscal 2024 Earnings Conference Call [Operator Instructions].

Despite the ongoing demand softness, Culp's (CULP) fiscal second-quarter 2024 results benefit from strong Mattress Fabrics segment contribution and improved pricing and margin.

Culp, Inc. (CULP) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.99 per share a year ago.

Softened demand in the domestic mattress and residential home furnishings industries and inflationary pressure are likely to affect Culp's (CULP) Q2 performance.