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Culp, Inc. (CULP)

NYSE - NYSE Delayed Price. Currency in USD

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4.5300

-0.0300

(-0.66%)

At close: 04:00PM EDT

4.4500

-0.08

(-1.77%)

After hours:

06:24PM EDT

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Business Wire
Culp Announces Broad Restructuring Plan Primarily Focused on Mattress Fabrics Segment, Also Updates Financial Outlook for the Fourth Quarter of Fiscal 2024
HIGH POINT, N.C., May 01, 2024--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, "CULP") today announced a major restructuring plan designed to reduce costs, improve asset utilization, and drive performance and profitable growth. This plan, which is being implemented primarily in the company’s mattress fabrics segment and, to a lesser extent, in its upholstery fabrics segment, includes the following strategic actions:
Simply Wall St.
Shareholders in Culp (NYSE:CULP) are in the red if they invested five years ago
Long term investing is the way to go, but that doesn't mean you should hold every stock forever. We really hate to see...
Simply Wall St.
Culp Third Quarter 2024 Earnings: US$0.26 loss per share (vs US$0.73 loss in 3Q 2023)
Culp ( NYSE:CULP ) Third Quarter 2024 Results Key Financial Results Revenue: US$60.4m (up 15% from 3Q 2023). Net loss...