Culp Announces Results for First Quarter Fiscal 2025, Highlighted by a 14.2% Sequential Increase in Sales and Stable Cash Position
Culp, Inc. (CULP)
Last culp, inc. earnings: 3/4 04:15 pm
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US:NYSE Investor Relations:
culpinc.gcs-web.com/investor-overview
Company Research
Source: Business Wire
Provides Update on Restructuring and Improved Financial Outlook HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the first quarter ended July 28, 2024.Fiscal 2025 First Quarter Financial HighlightsConsolidated net sales of $56.5 million- up 14.2% compared sequentially to last quarter- sequentially, upholstery fabrics segment sales up 19.7% and inventory down 4.6%, mattress fabrics segment sales up 9.0% and inventory down 8.6%Year-over-year and sequential operating improvement in upholstery fabrics segment- segment operating income of $1.7 million, up 28.9% year-over-year and 75.6% sequentially- segment operating margin of 6.0% for the quarterGAAP consolidated loss from operations of $(6.9) million (includes $2.7 million in restructuring expense and related charges)- Non-GAAP loss from operations of $(4.1) million (see reconciliation table on page 12)- Operating perform
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CULP
News
- Culp, Inc. (NYSE: CULP) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Culp, Inc. (NYSE: CULP) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Culp, Inc. (CULP): A Bull Case Theory [Yahoo! Finance]Yahoo! Finance
- Culp, Inc. (NYSE: CULP) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Culp, Inc. (NYSE: CULP) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
CULP
Earnings
- 6/27/24 - Beat
CULP
Sec Filings
- 11/14/24 - Form SCHEDULE
- 9/30/24 - Form 4
- 9/30/24 - Form 4
- CULP's page on the SEC website