Culp Inc (N:CULP)
Business Focus: Textiles & Leather Goods
| Sector: Consumer Cyclicals | Industry: Textiles & Leather Goods |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1823 Eastchester Dr HIGH POINT NC 27265 |
| Tel: | N/A |
| Website: | https://www.culp.com |
| IR: | See website |
| Key People | ||
| Franklin N. Saxon Chairman of the Board | Robert G. Culp President, Chief Executive Officer, Director | Kenneth R. Bowling Chief Financial Officer, Executive Vice President, Treasurer |
| Boyd B. Chumbley President - Culp Upholstery Fabrics Division | Teresa A. Huffman Chief Human Resource Officer, Senior Vice President | Thomas M. Bruno Executive Vice President of Culp Home Fashions | Ashley C. Durbin Senior Vice President, General Counsel, Company Secretary |
| Business Overview |
| Culp, Inc. is a marketer of mattress fabrics for bedding and upholstery fabrics for residential and commercial furniture. The Company markets a variety of fabrics to its global customer base of bedding and furniture companies, including fabrics produced at the Company's manufacturing facilities and fabrics sourced through other suppliers. The Company operates through two segments. The mattress fabrics segment markets primarily knitted and woven fabrics, as well as sewn covers made from those fabrics, which are used in the production of bedding products, including mattresses, foundations, and mattress sets. The upholstery fabrics segment markets a variety of fabric products that are used principally in the production of residential and commercial upholstered furniture, including sofas, recliners, chairs, loveseats, sectionals, sofa-beds, and office seating, as well as window treatment products and installation services for customers in the hospitality and commercial industries. |
| Financial Overview |
| For the 39 weeks ended 28 January 2024, Culp Inc revenues increased 1% to $175.8M. Net loss decreased 67% to $9M. Revenues reflect Mattress Fabrics segment increase of 13% to $90.6M. Lower net loss reflects Mattress Fabrics segment loss decrease of 76% to $3.9M, Upholstery Fabrics segment income increase from $384K to $4.8M, Restructuring related charges segment income totaling $45K vs. loss of $1.4M. |
| Employees: | 1,333 as of Apr 30, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $41.72M as of Jan 28, 2024 |
| Annual revenue (TTM): | $237.23M as of Jan 28, 2024 |
| EBITDA (TTM): | -$3.55M as of Jan 28, 2024 |
| Net annual income (TTM): | -$13.64M as of Jan 28, 2024 |
| Free cash flow (TTM): | -$6.50M as of Jan 28, 2024 |
| Net Debt Last Fiscal Year: | N/A |
| Shares outstanding: | 12,469,903 as of Mar 6, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
Disclaimer :: Use of this site is subject to, and your continued use
constitutes your express agreement to be bound by, our Legal and Terms of Use. Any commercial use of this site is
strictly prohibited. Insidertracking.com is operated by INK Research Corp (INK). INK provides general information.
INK has made all reasonable efforts to ensure that all information provided is accurate at the time of inclusion;
however, there may be errors. INK makes no guarantee of accuracy or completeness. All information and opinion
expressed herein is subject to change without notice. Insider information is based on filings made either on EDGAR®
or on the System for Electronic Disclosure for Insiders (SEDI®). Data is provided “as is” and by using this site
you acknowledge that the information which comprises the data is filed by or on behalf of the SEDI filers or other
parties legally required or permitted to do so. Filings may at any time contain errors and by using this site you
acknowledge this fact. INK is not an investment advisory service, a financial planner, an investment advisor nor a
securities advisor. INK does not purport to tell people, or suggest to people, what they should buy or sell for
themselves. Opinions and recommendations contained herein should not be construed as investment advice. Do not
assume that any recommendations, insights, charts, theories, or philosophies will ensure profitable investment.
Users should always consult with and obtain advice from their professional licensed financial advisor, including
their tax advisor, to determine the suitability of any investment. INK recommends that anyone making an investment
or trading securities do so with caution. Users should perform full due diligence and investigate any security
fully before making an investment or before the execution of a security trade based upon information learned
through INK. Investors should obtain annual reports and other company information to complete their own due
diligence in any investment. Neither INK nor anyone affiliated with INK is responsible for any investment decision
made. INK employees may have an ownership or investment interest in any stock mentioned in this service or on this
website. On this site, there may be third party content, content from authors or links to third-party sites or
pages, the contents of which are not verified, maintained, controlled or supervised by INK. INK is not responsible
for and assumes no liability for the accuracy, completeness or timeliness of any third party content or authored
content provided herein or the information or contents of any linked sites or pages. The inclusion of any authored
content or link by us does not imply that INK recommends, approves or endorses the authored content or linked site
or pages. INK Edge® and INK Research® are registered trade-marks owned by INK Research Corp. SEDI®
is a registered trade-mark owned by the Alberta Securities Commission. Copyright © 2024 INK Research Corp. All rights reserved.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.
Please make the indicated changes including the new text: US quotes snapshot data provided by IEX. Additional price data and company information powered by Twelve Data.