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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.
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 Tuesday, December 5, 2023, at 11:00 a.m. ET. During this call, Culp will review the company's financial and operating results for the second quarter ended October 29, 2023. A press release announcing these results will be issued after the close of market trading on Monday, December 4, 2023. The live webc.
Culp, Inc. (NYSE:CULP ) Q1 2024 Earnings Conference Call August 31, 2023 11:00 AM ET Company Participants Dru Anderson - IR Robert Culp - President & CEO Ken Bowling - CFO Tommy Bruno - President, Mattress Fabrics Boyd Chumbley - President, Upholstery Fabrics Conference Call Participants Anthony Lebiedzinski - Sidoti & Company Budd Bugatch - Water Tower Research Operator Good morning, and welcome to the Culp, Inc. First Quarter Fiscal 2024 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded.
Culp's (CULP) fiscal first-quarter 2024 results reflect tepid segmental performances attributable to housing demand softness and risky macroenvironment. Nonetheless, margin expansion and no outstanding debt partially counterbalanced the quarter.
Culp, Inc. (CULP) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.35. This compares to loss of $0.47 per share a year ago.
Operating efficiencies, a favorable product mix and lower costs are likely to have boosted Culp's (CULP) fiscal Q1 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 first quarter fiscal 2024 conference call on Thursday, August 31, 2023, at 11:00 a.m. ET. During this call, Culp will review the company's financial and operating results for the first quarter ended July 30, 2023. A press release announcing these results will be issued after the close of market trading on Wednesday, August 30, 2023. The live webcast.