Culp Inc (N:CULP)
Business Focus: Textiles & Leather Goods
Mar 06, 2024 04:15 pm ET
Culp Announces Results for Third Quarter Fiscal 2024, With Continued Sequential and Year-Over-Year Operating Improvement
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 28, 2024.
Mar 01, 2024 03:15 pm ET
Culp, Inc. to Webcast Third Quarter Fiscal 2024 Conference Call
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.
Jan 10, 2024 11:00 am ET
Culp, Inc. to Participate in Water Tower Research Furniture/Furnishings Virtual Conference 2024
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, with registration information below.
Jan 08, 2024 04:15 pm ET
Culp Announces Leadership Addition at Culp Upholstery Fabrics, Along With Planned Transition for Division President Boyd Chumbley
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that Mary Beth Hunsberger will be joining the company as Executive Vice President of Culp Upholstery Fabrics, effective January 8, 2024. The company also announced that it intends for Ms. Hunsberger to succeed Boyd Chumbley in the role of division president in the third quarter of calendar year 2024. Mr. Chumbley will work with Ms. Hunsberger during a period of transition in 2024, and he will thereafter continue in an advisory role as needed to strategically support the company.
Dec 04, 2023 04:15 pm ET
Culp Announces Results for Second Quarter Fiscal 2024, With Continued Sequential and Strong Year-Over-Year Operating Improvement and a Solid Financial Position
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the second quarter ended October 29, 2023.
Nov 27, 2023 03:15 pm ET
Culp, Inc. to Webcast Second Quarter Fiscal 2024 Conference Call
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.
Aug 30, 2023 04:15 pm ET
Culp Announces Results for First Quarter Fiscal 2024, With Better-than-Expected Operating Improvement and Continued Solid Financial Position
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the first quarter ended July 30, 2023.
Aug 25, 2023 03:15 pm ET
Culp, Inc. to Webcast First Quarter Fiscal 2024 Conference Call
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.
Aug 03, 2023 01:05 pm ET
Culp Announces 2023 Annual Meeting Date
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. Additional information will be provided in the company’s proxy statement to be filed with the SEC and sent to shareholders. The filed proxy statement will also be available on the investor relations page of the company’s website,
Jun 28, 2023 04:15 pm ET
Culp Announces Results for Fourth Quarter and Fiscal 2023, Ends Year With Quarterly Sales and Operating Improvement and Higher Cash Position
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the fourth quarter and fiscal year ended April 30, 2023.
Jun 23, 2023 11:00 am ET
Culp, Inc. to Webcast Fourth Quarter and Fiscal 2023 Conference Call
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 Thursday, June 29, 2023, 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 April 30, 2023. A press release announcing these results will be issued after the close of market trading on Wednesday, June 28, 2023.
Apr 06, 2023 11:00 am ET
Culp, Inc. to Participate in Water Tower Research Fireside Chat Series
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. ET. The event is open to the public, with registration information below.
Mar 01, 2023 04:15 pm ET
Culp Announces Results for Third Quarter Fiscal 2023
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 29, 2023.
Feb 24, 2023 03:15 pm ET
Culp, Inc. to Webcast Third Quarter Fiscal 2023 Conference Call
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 Thursday, March 2, 2023, 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 29, 2023. A press release announcing these results will be issued after the close of market trading on Wednesday, March 1, 2023.
Dec 07, 2022 04:15 pm ET
Culp Announces Results for Second Quarter Fiscal 2023, Including Inventory Impairments and Markdowns of Inventory and Improved Cash Position
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the second quarter ended October 30, 2022.
Nov 29, 2022 02:00 pm ET
Culp, Inc. to Webcast Second Quarter Fiscal 2023 Conference Call
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 Thursday, December 8, 2022, 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 30, 2022. A press release announcing these results will be issued after the close of market trading on Wednesday, December 7, 2022.
Nov 22, 2022 04:15 pm ET
Culp Announces Revised Expectations, Including Impairment and Markdowns of Inventory, and Improved Cash Position for Second Quarter Fiscal 2023
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 of approximately $58 million for the second quarter of fiscal 2023, and expects to report a consolidated operating loss (loss from operations) to be in the range of $(11.7) to $(12.2) million for the second quarter. The consolidated operating loss includes approximately $5 million in inventory impairment charges and loss on the sale of raw material and finished goods inventory associated with the company’
Aug 31, 2022 04:16 pm ET
Culp Announces Results for First Quarter Fiscal 2023
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the first quarter ended July 31, 2022.
Aug 31, 2022 04:15 pm ET
Culp, Inc. Announces Leadership Addition at Culp Home Fashions, Planned Retirement of Division President Sandy Brown
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that Tommy Bruno will be joining the company as Executive Vice President of Culp Home Fashions, effective September 6, 2022. The company also announced the planned retirement of Sandy Brown, President of the Culp Home Fashions division, effective December 31, 2022.
Aug 26, 2022 03:40 pm ET
Culp, Inc. to Webcast First Quarter Fiscal 2023 Conference Call
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 Thursday, September 1, 2022, 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 31, 2022. A press release announcing these results will be issued after the close of market trading on Wednesday, August 31, 2022.
Jul 27, 2022 04:15 pm ET
Culp Announces Change in Executive Management Structure
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 September 1, 2022.
Jun 29, 2022 04:15 pm ET
Culp Announces Results for Fourth Quarter and Fiscal 2022; Company Takes Steps to Enhance Liquidity
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the fourth quarter and fiscal year ended May 1, 2022. The company also announced it has completed the closing of a new three-year secured credit facility with up to $40 million in borrowing availability. This new credit facility replaces the company’s prior $30 million unsecured facility, which was scheduled to expire in August 2022. In addition, the company has suspended the quarterly cash dividend on its common stock and taken other measures to preserve strong liqu
Jun 14, 2022 04:15 pm ET
Culp, Inc. to Webcast Fourth Quarter and Fiscal 2022 Conference Call
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its fourth quarter and fiscal 2022 conference call on Thursday, June 30, 2022, 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 1, 2022. A press release announcing these results will be issued after the close of market trading on Wednesday, June 29, 2022.
May 09, 2022 02:40 pm ET
Culp, Inc. to Participate in Water Tower Research Fireside Chat Series
Culp, Inc. (NYSE: CULP) today announced that the company will participate in the Water Tower Research Fireside Chat Series on Thursday, May 12, 2022, at 1:00 p.m. ET. The event is open to the public, with registration information below.
Apr 25, 2022 04:15 pm ET
Culp Revises Expectations for Fourth Quarter Fiscal 2022
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that, based on current estimates, the company is lowering its expectations for net sales and income (loss) from operations for the fourth quarter of fiscal 2022 due primarily to COVID-related shutdowns affecting the company’s operations in China and further weakening in domestic mattress industry sales. The company now expects net sales for the fourth quarter to be down significantly as compared to the fourth quarter of fiscal 2021 and expects a consolidated operating loss in the range of $(6.5) milli
Mar 22, 2022 09:50 am ET
Sidoti March Virtual Small Cap Investor Conference
NEW YORK, NY / ACCESSWIRE / March 22, 2022 / Sidoti & Company, LLC has released the presentation schedule and weblinks for its two-day March Small Cap Virtual Conference taking place Wednesday and Thursday, March 23rd-24th, 2022. The links can also be found at www.sidoticonference.com/events.
Mar 21, 2022 11:30 am ET
Culp, Inc. to Participate in Sidoti Virtual Investor Conference
Culp, Inc. (NYSE: CULP) today announced that it will participate in the Sidoti Virtual Investor Conference taking place March 23 – 24, 2022.
Mar 14, 2022 11:45 am ET
Culp, Inc. to Participate in Water Tower Research Fireside Chat Series
Culp, Inc. (NYSE: CULP) today announced that the company will participate in the Water Tower Research Fireside Chat Series on Wednesday, March 16, 2022, at 1:00 p.m. ET. The event is open to the public, with registration information below.
Mar 02, 2022 04:15 pm ET
Culp Announces Results for Third Quarter Fiscal 2022
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 30, 2022.
Feb 25, 2022 03:00 pm ET
Culp, Inc. to Webcast Third Quarter Fiscal 2022 Conference Call
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2022 conference call on Thursday, March 3, 2022, 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 30, 2022. A press release announcing these results will be issued after the close of market trading on Wednesday, March 2, 2022.
Dec 07, 2021 04:30 pm ET
Sidoti December Micro Cap Virtual Conference
Presentation Times Released for 75+ Presenting Companies
Dec 06, 2021 11:30 am ET
Culp, Inc. to Participate in Sidoti Virtual Investor Conference
Culp, Inc. (NYSE: CULP) today announced that it will participate in the Sidoti Virtual Investor Conference taking place December 8 – 9, 2021.
Dec 01, 2021 04:15 pm ET
Culp Announces Results for Second Quarter Fiscal 2022
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the second quarter ended October 31, 2021.
Nov 23, 2021 04:00 pm ET
Culp, Inc. to Webcast Second Quarter Fiscal 2022 Conference Call
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its second quarter fiscal 2022 conference call on Thursday, December 2, 2021, 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 31, 2021. A press release announcing these results will be issued after the close of market trading on Wednesday, December 1, 2021.
Nov 05, 2021 12:00 pm ET
Sidoti Microcap Virtual Conference
A Conference Open to All Classes of Investors70+ Companies Presenting and Meeting Interested Investors 1x1Wednesday and Thursday, December 8-9, 2021
Nov 03, 2021 04:15 pm ET
Culp Announces Revised Expectations for Second Quarter Fiscal 2022
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 projected results are lower than the company’s previously announced expectation for net sales and consolidated operating income for the s
Sep 29, 2021 01:30 pm ET
Culp, Inc. Adds Three New Independent Directors
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.
Sep 01, 2021 04:15 pm ET
Culp Announces Results for First Quarter Fiscal 2022
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the first quarter ended August 1, 2021.
Aug 27, 2021 04:20 pm ET
Culp, Inc. to Webcast First Quarter Fiscal 2022 Conference Call
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.
Aug 16, 2021 04:20 pm ET
Culp, Inc. Confirms Haiti Operations Are Secure Following Recent Earthquake
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.
Jul 19, 2021 08:30 am ET
Culp, Inc. to Participate in Water Tower Research Fireside Chat Series
Culp, Inc. (NYSE: CULP) today announced that Ken Bowling, the company’s Executive Vice President and Chief Financial Officer, will participate in the Water Tower Research Fireside Chat Series tomorrow, Tuesday, July 20, 2021, at 1:30 p.m. ET. The event is open to the public, with registration information below.
Jun 22, 2021 04:45 pm ET
Sidoti Summer Virtual Small-Cap Conference
Presentation Times and Weblinks Released for Approximately 70 Presenting Companies
Jun 21, 2021 01:25 pm ET
Culp, Inc. to Participate in Sidoti Virtual Investor Conference
Culp, Inc. (NYSE: CULP) today announced that it will participate in the Sidoti Virtual Investor Conference taking place June 23 – 24, 2021.
Jun 16, 2021 04:15 pm ET
Culp Announces Results for Fourth Quarter and Fiscal 2021
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.
Jun 14, 2021 05:29 pm ET
Culp, Inc. to Webcast Fourth Quarter and Fiscal 2021 Conference Call
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.
May 14, 2021 09:35 am ET
Culp, Inc. Announces Promotions for Culp Home Fashions
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 report to Sandy Brown, president of CHF.
Apr 19, 2021 11:00 am ET
Culp, Inc. to Participate in Water Tower Research Fireside Chat Series
Culp, Inc. (NYSE: CULP) today announced that Robert G. Culp, IV, the company’s president and chief executive officer, will participate in the Water Tower Research Fireside Chat Series on Wednesday, April 21, 2021, at 1:00 p.m. ET. The event is open to the public, with registration information below.
Mar 03, 2021 04:15 pm ET
Culp Announces Results for Third Quarter Fiscal 2021
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.
Feb 26, 2021 04:15 pm ET
Culp, Inc. to Broadcast Third Quarter Fiscal 2021 Conference Call Live on the Internet
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...
Feb 02, 2021 04:15 pm ET
Culp, Inc. Announces Investments and Enhancements to Global Cut and Sew Mattress Cover Platform
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 mattress covers in Haiti. Pursuant to this transaction, CULP will now be the sole owner with full control over the Haiti operations. The compan
Jan 13, 2021 07:00 am ET
Sidoti Virtual Investor Conference
Presentation Times and Weblinks Released for Over 60 Presenting Companies
Jan 11, 2021 02:28 pm ET
Culp, Inc. to Participate in Sidoti Winter 2021 Virtual Conference
Culp, Inc. (NYSE: CULP) today announced that management will participate in the Sidoti Winter 2021 Virtual Conference to be held January 13 – 14, 2021.
Dec 03, 2020 04:15 pm ET
Culp Announces Results for Second Quarter Fiscal 2021
Culp, Inc. (NYSE: CULP) today reported financial and operating results for the second quarter ended November 1, 2020.
Nov 24, 2020 04:19 pm ET
Culp, Inc. to Broadcast Second Quarter Fiscal 2021 Conference Call Live on the Internet
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its second quarter fiscal 2021 conference call on Friday, December 4, 2020, at 11:00 a.m. ET. During this call, Culp will review...
Sep 02, 2020 04:15 pm ET
Culp Announces Results and Strengthened Liquidity for First Quarter Fiscal 2021, Announces Quarterly Dividend
Culp, Inc. (NYSE: CULP) today reported financial and operating results for the first quarter ended August 2, 2020, which were materially affected by the coronavirus (“COVID-19”) pandemic. Additionally, the first quarter of fiscal 2021 included 13 weeks compared with 14 weeks for the first quarter of fiscal 2020.
Aug 28, 2020 04:00 pm ET
Culp, Inc. to Broadcast First Quarter Fiscal 2021 Conference Call Live on the Internet
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its first quarter fiscal 2021 conference call on Thursday, September 3, 2020, at 11:00 a.m. ET. During this call, Culp will review...
Aug 05, 2020 04:15 pm ET
Culp Announces Improved Profitability and Liquidity Expectations for First Quarter Fiscal 2021 and Anticipated Impact of Final GILTI Tax Regulations
Culp, Inc. (NYSE: CULP) today announced an updated financial outlook, based on unaudited preliminary results and current estimates, for the first quarter of fiscal 2021. The company also announced its expectations for the impact of the final regulations enacted on July 20, 2020, by the U.S. Treasury Department regarding the Global Intangible Low Taxed Income (“GILTI”) tax provisions of the U.S. tax code.
Jul 01, 2020 04:15 pm ET
Culp Announces Results for Fourth Quarter and Fiscal 2020, Provides Current Business Improvement and Liquidity Update, Announces Quarterly Dividend
Culp, Inc. (NYSE: CULP) today reported financial and operating results for the fourth quarter and fiscal year ended May 3, 2020, which were severely affected by the coronavirus (“COVID-19”) pandemic and included non-cash asset impairment charges in connection with the related business disruption. Also, in support of a comprehensive liquidity focus, Culp sold its majority interest in eLuxury, LLC (“eLuxury”) on March 31, 2020, resulting in the elimination of the company’s home accessories segment. Accordingly, the financial results for this segment are excluded from the reported financial perfo
Jun 19, 2020 03:15 pm ET
Culp, Inc. to Broadcast Fourth Quarter and Fiscal 2020 Conference Call Live on the Internet
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its fourth quarter and fiscal 2020 conference call on Thursday, July 2, 2020, at 11:00 a.m. ET. During this call, Culp will review...
Apr 21, 2020 04:30 pm ET
Culp Expands Production of Critical Products in Support of COVID-19 Relief Efforts
Culp, Inc. (NYSE: CULP) today announced updates to recent measures the company has taken across several locations in its global platform in North America and Asia to increase production of face masks, bedding covers, and fabrics for healthcare operations and consumer health. These additional steps include:
Apr 03, 2020 10:34 am ET
Culp Announces Cash Strategy and Business Update in Response to Covid-19, Including Sale of eLuxury and Withdrawal of Guidance
Culp, Inc. (NYSE: CULP) announced today a series of proactive measures the company has taken to preserve balance sheet strength and reduce costs in response to increasingly challenging market conditions and the impact of the COVID-19 global pandemic. These steps include:
Mar 04, 2020 04:15 pm ET
Culp Announces Results for Third Quarter Fiscal 2020
Culp, Inc. (NYSE: CULP) today reported financial and operating results for the third quarter ended February 2, 2020.
Feb 28, 2020 04:00 pm ET
Culp, Inc. to Broadcast Third Quarter Fiscal 2020 Conference Call Live on the Internet
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2020 conference call on Thursday, March 5, 2020 at 11:00 a.m. ET. During this call, Culp will review...
Feb 18, 2020 07:00 am ET
Culp Announces Revised Expectations, Anticipated Non-Cash Intangible Asset Impairment Charges, for Third Quarter Fiscal 2020
Culp, Inc. (NYSE: CULP) today announced that, based on unaudited preliminary results and current estimates, the company expects pre-tax loss (GAAP) to be in the range of $(5.4) million to $(5.1) million for the third quarter of fiscal 2020. This includes a reversal of a $6.1 million recorded contingent earnout liability, as well as non-cash impairment charges of approximately $13.6 million relating to the home accessories division (discussed below), resulting in a non-cash net charge of approximately $7.6 million. Excluding the gain from the contingent earnout liability reversal and est
Dec 05, 2019 04:15 pm ET
Culp Announces Results for Second Quarter Fiscal 2020
Culp, Inc. (NYSE: CULP) today reported financial and operating results for the second quarter ended November 3, 2019.
Nov 27, 2019 03:00 pm ET
CULP, INC. TO BROADCAST SECOND QUARTER FISCAL 2020 CONFERENCE CALL LIVE ON THE INTERNET
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its second quarter fiscal 2020 conference call on Friday, December 6, 2019, at 11:00 a.m. ET. During this call, Culp will review...
Sep 26, 2019 04:15 pm ET
Culp Board Names Robert G. Culp, IV as Chief Executive Officer
Culp, Inc. (NYSE: CULP) today announced that its board of directors has elected Robert G. (Iv) Culp, IV, currently the company’s president, chief operating officer and president of Culp Home Fashions, to become chief executive officer, effective January 1, 2020. At that time, Franklin N. Saxon, Culp’s current chairman and chief executive officer, will assume the new role of executive chairman. These changes reflect the continuation of the board’s long-standing succession planning process designed to provide continuity and a natural leadership evolution as the company continues to execute its g
Sep 05, 2019 04:15 pm ET
Culp Announces Results for First Quarter Fiscal 2020
Culp, Inc. (NYSE: CULP) today reported financial and operating results for the first quarter ended August 4, 2019. This first quarter of fiscal 2020 included 14 weeks compared with 13 weeks for the first quarter of fiscal 2019.
Aug 30, 2019 04:08 pm ET
Culp, Inc. to Broadcast First Quarter Fiscal 2020 Conference Call Live on the Internet
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its first quarter fiscal 2020 conference call on Friday, September 6, 2019, at 11:00 a.m. ET. During this call, Culp will review...
Jun 26, 2019 12:35 pm ET
Culp, Inc. Names Perry E. Davis to Board of Directors
Culp, Inc. (NYSE: CULP) today announced that Perry E. Davis was elected to the company’s Board of Directors. His term is effective July 1, 2019, and will expire at the next annual meeting of shareholders, at which time he will be eligible for re-election along with the other directors.
Jun 12, 2019 04:15 pm ET
Culp Announces Results for Fourth Quarter and Fiscal 2019
Culp, Inc. (NYSE: CULP) today reported financial and operating
results for the fourth quarter and fiscal year ended April 28, 2019.
Jun 07, 2019 03:40 pm ET
Culp, Inc. to Broadcast Fourth Quarter and Fiscal 2019 Conference Call Live on the Internet
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its fourth quarter and fiscal 2019 conference call on Thursday, June 13, 2019, at 11:00 a.m. ET. During this call, Culp will review...
May 01, 2019 04:15 pm ET
Culp Announces Revised Expectations for Fourth Quarter Fiscal 2019
Culp, Inc. (NYSE: CULP) today announced that, based on unaudited
preliminary results and current estimates, the company expects
pre-tax income (GAAP) to be in the range of $1.0 million to $1.7 million
for the fourth quarter of fiscal 2019. Excluding a non-recurring charge
of $500,000 (discussed below), adjusted pre-tax income (non-GAAP) is
projected to be in the range of $1.5 million to $2.2 million. These
projected results are lower than the company’s previously announced
expectation of $4.2 million to $4.9 million in pre-tax income for
Mar 06, 2019 02:30 pm ET
Culp, Inc. Names Sharon A. Decker to Board of Directors
Culp, Inc. (NYSE: CULP) today announced that Sharon A. Decker was
elected to the company’s Board of Directors. Her term is effective March
6, 2019, and will expire at the next annual meeting of shareholders, at
which time she will be eligible for re-election along with the other
directors.
Feb 27, 2019 04:15 pm ET
Culp Announces Results for Third Quarter Fiscal 2019
Culp, Inc. (NYSE: CULP) today reported financial and operating
results for the third quarter and nine months ended January 27, 2019.
Feb 22, 2019 04:00 pm ET
Culp, Inc. to Broadcast Third Quarter Fiscal 2019 Conference Call Live on the Internet
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2019 conference call on Thursday, February 28, 2019, at 2:00 p.m. ET. During this call, Culp will review...
Dec 10, 2018 08:30 am ET
Culp, Inc. Announces Passing of Robert G. Culp, III, Founder and Chairman
Culp, Inc. (NYSE: CULP) today announced that Robert (Rob) G. Culp, III,
died on December 8, 2018, following complications related to leukemia.
Culp founded the company in 1972 with his father, Robert G. Culp, Jr. He
was named Chief Executive Officer in 1981 and served in that capacity
until 2007. He served as Chairman of the Board of Directors since 1990.
Under his leadership, the company has become one of the world’s largest
marketers of mattress fabrics for bedding and upholstery fabrics for
furniture with global operations and approximately 1
Nov 29, 2018 04:15 pm ET
Culp Announces Results for Second Quarter Fiscal 2019
Culp, Inc. (NYSE: CULP) today reported financial and operating
results for the second quarter and six months ended October 28, 2018.
Nov 21, 2018 01:00 pm ET
Culp, Inc. to Broadcast Second Quarter Fiscal 2019 Conference Call Live on the Internet
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its second quarter fiscal 2019 conference call on Friday, November 30, 2018, at 11:00 a.m. ET. During this call, Culp will review...
Sep 20, 2018 04:15 pm ET
Culp Announces Changes in Executive Management Structure
Culp, Inc. (NYSE: CULP) today announced the company’s board of directors
has approved changes in the executive management structure of the
company, effective October 1, 2018.
Aug 29, 2018 04:15 pm ET
Culp Announces Results for First Quarter Fiscal 2019
Culp, Inc. (NYSE: CULP) today reported financial and operating
results for the first quarter ended July 29, 2018.
Aug 27, 2018 03:30 pm ET
Culp, Inc. to Broadcast First Quarter Fiscal 2019 Conference Call Live on the Internet
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its first quarter fiscal 2019 conference call on Thursday, August 30, 2018, at 11:00 a.m. ET. During this call, Culp will review...
Jun 26, 2018 01:00 pm ET
Culp, Inc. Completes Majority Ownership Investment in eLuxury, a Bedding Accessories E-Commerce Company
Culp, Inc. (NYSE: CULP) today announced the company has completed its
previously announced majority ownership investment in eLuxury, an
internet company offering bedding accessories and home goods direct to
consumers. Based in Evansville, Indiana, eLuxury’s primary products
include a line of mattress pads manufactured at the Evansville location.
eLuxury also offers handmade platform beds, cotton bed sheets, and other
bedding items. eLuxury’s revenue is on a current annual run rate of $22
million for 2018, excluding related seller businesses that
Jun 13, 2018 04:15 pm ET
Culp Announces Results for Fourth Quarter and Fiscal 2018
Culp, Inc. (NYSE: CULP) today reported financial and operating
results for the fourth quarter and fiscal year ended April 29, 2018.
Jun 08, 2018 04:00 pm ET
CULP, INC. TO BROADCAST FOURTH QUARTER AND FISCAL 2018 CONFERENCE CALL LIVE ON THE INTERNET
Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its fourth quarter and fiscal 2018 conference call on Thursday, June 14, 2018, at 11:00 a.m. ET. During this call, Culp will review...
Mar 08, 2018 04:15 pm ET
Culp Announces Definitive Agreement to Acquire Source for Custom Window Treatments Designed for Hospitality Market
Culp, Inc. (NYSE: CULP) announced today that it has reached a definitive
agreement to acquire Read Window Products, Inc., a source for custom
window treatments and other products for the hospitality and commercial
industries. Based in Knoxville, Tennessee, Read Window Products is a
turn-key provider of window treatments offering measuring, sourcing,
fabrication and installation services. Read Window Products’ primary
custom product line includes motorization, shades, drapery and shower
curtains. In addition, they supply soft goods such as decora
Feb 28, 2018 04:15 pm ET
Culp Announces Results for Third Quarter Fiscal 2018
Culp, Inc. (NYSE: CULP) today reported financial and operating results
for the third quarter and nine months ended January 28, 2018.
Feb 23, 2018 03:00 pm ET
Culp, Inc. to Broadcast Third Quarter Fiscal 2018 Conference Call Live on the Internet
HIGH POINT, N.C., Feb. 23, 2018 (GLOBE NEWSWIRE) --
Nov 30, 2017 04:15 pm ET
Culp Announces Results for Second Quarter Fiscal 2018
Culp, Inc. (NYSE: CULP) today reported financial and operating
results for the second quarter and six months ended October 29, 2017.
Nov 22, 2017 10:00 am ET
Culp, Inc. to Broadcast Second Quarter Fiscal 2018 Conference Call Live on the Internet
HIGH POINT, N.C. , Nov. 22, 2017 (GLOBE NEWSWIRE) -- Culp, Inc. (NYSE: CULP), today announced that it will provide an online, real-time webcast and rebroadcast of its second quarter fiscal 2018 conference call on Friday, December 1, 2017,...
Oct 24, 2017 04:30 pm ET
Culp, Inc. Provides Update on Acquisition Activities
Culp, Inc. (NYSE: CULP) today provided an update on the company’s
acquisition activities. Franklin N. Saxon, president and chief executive
officer of Culp, Inc., reported, “We previously announced a non-binding
letter of intent for a proposed acquisition of a mattress fabrics
business in China. We have not been able to reach a definitive agreement
for this proposed acquisition, and that particular transaction currently
is not expected to occur.
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