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The Stock Score/Grades evaluate bankruptcy risk and assess the financial strength and fundamental health of a company
Culp, Inc. manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in the United States, North America, the Far East, Asia, and internationally. It operates in two segments, Mattress Fabrics and Upholstery Fabrics. The Mattress Fabrics segment offers woven jacquard, knitted, and converted fabrics for use in the production of bedding products, including mattresses, box springs, foundations, and top of bed components. The Upholstery Fabrics segment provides jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane fabrics for use in the production of residential and commercial upholstered furniture, such as sofas, recliners, chairs, loveseats, sectionals, and sofa-beds, as well as office seating and window treatment products; and installation services for customers in the hospitality and commercial industries. Culp, Inc. was founded in 1972 and is headquartered in High Point, North Carolina.
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The Latest News section aggregates recent news posts from various news outlets, offering a comprehensive overview of the most recent developments related to the topic.
CULP's fourth-quarter fiscal 2024 results reflect ongoing macroeconomic headwinds impacting the sales trend of the company across its two reportable businesses. Yet, operational excellence and restruc...
Culp, Inc. (CULP) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.44. This compares to loss of $0.38 per share a year ago....
CULP's fiscal fourth-quarter performance is likely to have reflected softness across the business....
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 2024 conference call on Fr...
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (the Company) (NYSE: CULP) today announced that it has entered into a cooperation agreement with 22NW, LP, one of the Company's largest shareholders. Purs...
GE Aerospace CEO Larry Culp has declined Boeing's request to consider taking over as the U.S. planemaker's top boss, the Wall Street Journal reported on Monday....
GE Aerospace is giving employees stock via its new “takeoff grant.”...
* Gold, copper hit all-time highs* Silver at highest in over 11 years* Fed officials express lack of confidence in inflation cool-down NEW YORK, May 20 (Reuters) - Wall Street was mixed on Monday whil...
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced a major restructuring plan designed to reduce costs, improve asset ...
