|
|
|
|
|
|
|
|
|
25.06.25 - 22:18
|
Culp Announces Fourth Quarter and Full Year Fiscal 2025 Results, Completed Restructuring Provides Foundation for Improved Operating Performance in Fiscal 2026 (Business Wire)
|
|
|
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP), a leading provider of fabrics for bedding and upholstery fabrics for residential and commercial furniture, today reported financial and operating results for the fourth quarter and fiscal year ended April 27, 2025.
Iv Culp, President and Chief Executive Officer, commented, “Fiscal 2025 was a year of heavy lifting across CULP, and we are encouraged by the results of our work to transform our cost structure and better position the company for growth. Given the challenging revenue environment and tariff-related uncertainty that is evident and continues across the industry, we concentrated on what we can control and successfully executed on a variety of aggressive initiatives that should drive better operating leverage, particularly as market conditions improve. We also continued to play to our strength in providing the highest levels of service, product offerings and supply chain optionality to our customers, and we believe that our market share...
|
|
|
20.06.25 - 21:45
|
Culp, Inc. to Webcast Fourth Quarter and Fiscal 2025 Conference Call (Business Wire)
|
|
|
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 2025 conference call on Thursday, June 26, 2025, at 9:00 a.m. ET. During this call, Culp will review the company's financial and operating results for the fourth quarter and fiscal year ended April 27, 2025. A press release announcing these results will be issued after the close of market trading on Wednesday, June 25, 2025.
The live webcast of Culp's conference call will be available under the “Upcoming Events” section on the Investor Relations page of the company's website, www.culp.com, on Thursday, June 26, 2025, beginning at 9:00 a.m. ET. An online replay of the call will be available under the “Past Events” section on the Investor Relations page of the company's website for 30 days.
Culp, Inc. is one of the largest marketers of mattress fabrics for bedding and upholstery fabrics for residential and commercial furnitu...
|
|
|
|
|
08.04.25 - 15:03
|
GoPro Appoints Mick Lopez to Board of Directors (PR Newswire)
|
|
|
Mike Dennison and Emily Culp Nominated to Join Board of Directors SAN MATEO, Calif., April 8, 2025 /PRNewswire/ -- Today, GoPro, Inc. (NASDAQ: GPRO) ("GoPro" or "Company") is pleased to announce the appointment of Mick Lopez to GoPro's Board of Directors, effective immediately. "We are......
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
05.03.25 - 22:24
|
Culp Elects New Member to Board of Directors (Business Wire)
|
|
|
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (“CULP” or the “company”), a leading marketer of mattress fabrics for bedding and upholstery fabrics for residential and commercial furniture, today announced the election of William L. Tyson to its Board of Directors.
Mr. Tyson brings to the company over 30 years of experience across the investment banking and capital markets and has served in executive leadership and strategic development roles for some of the largest banks and financial institutions in the country. Mr. Tyson most recently served as head of Mergers & Acquisitions (M&A) within the Investment Banking Group of Fifth Third Capital Markets from 2021 until his retirement in December 2024, where he was responsible for the strategic direction of the M&A and Investment Banking platform within the Capital Markets division and for driving non-organic growth initiatives. Mr. Tyson also held the positions of Executive Vice President, Co-head of Capital Markets and Senior Vice Preside...
|
|
|
05.03.25 - 22:18
|
Culp Announces Results for Third Quarter Fiscal 2025, Highlighted by Continued Improvement in Mattress Fabrics Operating Performance and Execution on Restructuring Initiatives (Business Wire)
|
|
|
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP” or the "company") today reported financial and operating results for the third quarter ended January 26, 2025.
Fiscal 2025 Third Quarter Financial Highlights
Consolidated net sales of $52.3 million
- Down 6.1 percent compared sequentially to last quarter, with mattress fabrics sales down
4.8 percent and upholstery fabrics sales down 7.8 percent
Continued improvement in mattress fabrics operating performance, with a 58.3 percent sequential reduction in operating loss on lower sales (following a 70.7 percent sequential reduction last quarter)
Continued profitability in upholstery fabrics segment in extremely challenging industry environment
GAAP consolidated loss from operations of $(3.9) million (includes $2.3 million in restructuring expense and related charges)
- Non-GAAP loss from operations of $(1.6) million (see reconciliation table on page 15)
- Sequential reduction in consoli...
|
|
Börsentreff auf Facebook |
Börsentreff auf X |
Börsentreff auf Instagram
