Detail akcie Culp Inc online

Business Summary: Culp, Inc. is a marketer of mattress fabric for bedding and upholstery fabrics for residential, commercial, and hospitality furniture in North America. The Company markets a variety of fabrics to its global customer base of bedding and furniture companies, including fabrics produced at the Company’s manufacturing facilities and fabrics sourced through other supplies. Its segments include mattress fabrics and upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and sewn mattress covers for bedding manufacturers. These products include woven jacquard fabrics, knitted fabrics, and some converted fabrics. The upholstery fabrics segment markets fabrics for residential, commercial, and hospitality furniture. This segment also includes window treatment products and installation services through its Read Window Products business, including roller shades, drapery, hardware, and top-of-mattress soft goods.
Financial Summary: BRIEF: For the 39 weeks ended 26 January 2025, Culp Inc revenues decreased 6% to $164.5M. Net loss increased 90% to $17M. Revenues reflect Upholstery Fabrics segment decrease of 9% to $77.7M, Mattress Fabrics segment decrease of 4% to $86.8M. Higher net loss reflects Restructuring related charges segment loss totaling $2.3M vs. income of $45K, Upholstery Fabrics segment income decrease of 38% to $3M.