Culp to Undertake Broad Restructuring Plan
By Stephen Nakrosis Culp is planning a broad restructuring plan that will focus on its mattress fabrics segment. The plan will see the maker of mattress fabrics for bedding and upholstery fabrics co
Culp Says Due To Further Weakness In Industry Demand, The Company's Consolidated Net Sales For Q4 2024 Are Now Expected To Be ~19% Lower YoY
Updated Financial Outlook for the Fourth Quarter of Fiscal 2024In addition, the company is updating its previously stated financial outlook for the fourth quarter of fiscal 2024. Due to further weakne
Culp Sees 4Q Consolidated Operating Loss of About $4.2M-$4.7M
Culp Sees 4Q Consolidated Operating Loss of About $4.2M-$4.7M
Culp Inc Sees 4Q Sales Down About 19%
Culp Inc Sees 4Q Sales Down About 19%
Culp to Cut About 240 Jobs in Mattress Fabrics Segment
Culp to Cut About 240 Jobs in Mattress Fabrics Segment
Culp: Cash Restructuring Charges, Estimated at $2.5M, Expected to Be Funded With Proceeds From Equipment Sales
Culp: Cash Restructuring Charges, Estimated at $2.5M, Expected to Be Funded With Proceeds From Equipment Sales
Culp Plans Phased Wind-Down and Closure of Manufacturing Plant in Quebec
Culp Plans Phased Wind-Down and Closure of Manufacturing Plant in Quebec
Culp Expects to Achieve $10M-$11M in Annualized Savings and Operating Improvements With Restructuring Initiatives
Culp Expects to Achieve $10M-$11M in Annualized Savings and Operating Improvements With Restructuring Initiatives
Culp: Industry Demand Backdrop in Both of Its Businesses Experienced Significant Deterioration During 4Q
Culp: Industry Demand Backdrop in Both of Its Businesses Experienced Significant Deterioration During 4Q
Culp: Lower Demand Resulted in Excess Capacity and an Unsustainable Cost Structure at Current Volume Levels Within Mattress Fabrics Business
Culp: Lower Demand Resulted in Excess Capacity and an Unsustainable Cost Structure at Current Volume Levels Within Mattress Fabrics Business
Culp Announces Broad Restructuring Plan Primarily Focused on Mattress Fabrics Segment
Culp Announces Broad Restructuring Plan Primarily Focused on Mattress Fabrics Segment
Shareholders in Culp (NYSE:CULP) Are in the Red If They Invested Five Years Ago
Culp Third Quarter 2024 Earnings: US$0.26 Loss per Share (Vs US$0.73 Loss in 3Q 2023)
Culp, Inc. (NYSE:CULP) Q3 2024 Earnings Call Transcript
Earnings Call Summary | Culp Inc(CULP.US) Q3 2024 Earnings Conference
The following is a summary of the Culp, Inc. (CULP) Q3 2024 Earnings Call Transcript:Financial Performance:Culp, Inc. reported Q3 net sales of $60.4 million, a 15% increase compared to the previous ye
Culp Q3 2024 GAAP EPS $(0.260) Misses $(0.190) Estimate, Sales $60.418M Beat $59.432M Estimate
Culp (NYSE:CULP) reported quarterly losses of $(0.260) per share which missed the analyst consensus estimate of $(0.190) by 36.84 percent. This is a 64.38 percent increase over losses of $(0.730) per
Earnings Flash (CULP) CULP Posts Q3 Revenue $60.4M, Vs. Street Est of $59.4M
04:17 PM EST, 03/06/2024 (MT Newswires) -- Earnings Flash (CULP) CULP Posts Q3 Revenue $60.4M, vs. Street Est of $59.4M
Culp Inc 3Q Loss $2.42M >CULP
Culp Inc 3Q Loss $2.42M >CULP
Press Release: Culp Announces Results for Third Quarter Fiscal 2024, With Continued Sequential and Year-Over-Year Operating Improvement
Culp Announces Results for Third Quarter Fiscal 2024, With Continued Sequential and Year-Over-Year Operating Improvement HIGH POINT, N.C.--(BUSINESS WIRE)--March 06, 2024-- Culp, Inc. (NYSE: CULP) (
Earnings Scheduled For March 6, 2024
Companies Reporting Before The Bell • CTS (NYSE:CTS) is estimated to report quarterly earnings at $0.14 per share on revenue of $708.85 million. • Foot Locker (NYSE:FL) is likely to report quarterly e
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