Culp Announces Results for Fourth Quarter and Fiscal 2024, Provides Update on Restructuring Initiatives
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
HIGH POINT, N.C.--(BUSINESS WIRE)--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 28, 2024.Fiscal 2024 Fourth Quarter Financial SummaryNet sales for the fourth quarter of fiscal 2024 were $49.5 million, down 19.4 percent compared with the prior-year period, with mattress fabrics sales down 16.1 percent, and upholstery fabrics sales down 22.6 percent.Loss from operations was $(4.2) million (which included $204,000 in restructuring expense during the period), compared with a loss from operations of $(4.0) million for the prior-year period (which included $70,000 in restructuring expense during the period).Net loss was $(4.9) million, or $(0.39) per diluted share, compared with a net loss of $(4.7) million, or $(0.38) per diluted share, for the prior-year period. The effective tax rate for the fourth quarter was negative (19.8) percent, reflecting the compa
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CULP
News
- CULP Posts Narrower-Than-Expected Q4 Loss, Lags Sales Estimates [Yahoo! Finance]Yahoo! Finance
- Culp, Inc. (CULP) Reports Q4 Loss, Lags Revenue Estimates [Yahoo! Finance]Yahoo! Finance
- Culp Announces Results for Fourth Quarter and Fiscal 2024, Provides Update on Restructuring Initiatives [Yahoo! Finance]Yahoo! Finance
- Culp, Inc. to Webcast Fourth Quarter and Fiscal 2024 Conference Call [Yahoo! Finance]Yahoo! Finance
- Culp, Inc. to Webcast Fourth Quarter and Fiscal 2024 Conference CallBusiness Wire
CULP
Earnings
- 6/27/24 - Beat
CULP
Sec Filings
- 6/27/24 - Form 8-K
- 6/21/24 - Form 11-K
- 6/20/24 - Form 3
- CULP's page on the SEC website