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Culp Inc (CULP) Q4 2021 Earnings Call Transcript

Culp Inc (CULP) Q4 2021 Earnings Call Transcript
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CULP Stock Price, Culp Stock Quotes and News

CULP Stock Price, Culp Stock Quotes and News
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Culp introduces Chillsense powered by Repreve

Culp introduces Chillsense powered by Repreve ....

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(CULP) - Recap: Culp Q3 Earnings

Price action over last quarter: Up 9.90%
Company Profile
Culp Inc manufacturers, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane leather look fabrics. ....

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Culp, Inc. Announces Investments and Enhancements to Global Cut and Sew Mattress Cover Platform

Press release content from Business Wire. The AP news staff was not involved in its creation.
Culp, Inc. Announces Investments and Enhancements to Global Cut and Sew Mattress Cover Platform
February 2, 2021 GMT
HIGH POINT, N.C. (BUSINESS WIRE) Feb 2, 2021
Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that, in response to the growing demand for sewn mattress covers and transforming market dynamics, the company has made strategic investments and enhancements to its global cut and sew mattress cover platform. CULP has reached an agreement to purchase the remaining fifty percent ownership interest in its unconsolidated joint venture, which produces cut and sew mattress covers in Haiti. Pursuant to this transaction, CULP will now be the sole owner with full control over the Haiti operations. The company has also entered into a supply agreement with its previous joint venture partner. ....

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