CULP News and Press, Culp Inc. From 03/15/23

2023-03-15 12:22:49 ET Summary The Federal Reserve commissioned a study in 2021 to evaluate, "How Many U.S. Zombie Firms and How Consequential?" In the wake of the largest banking collapses since 2008, this article evaluates which firms may most be at risk from a credit event. ...

Culp, Inc. (CULP) Q3 2023 Earnings Conference Call March 02, 2023, 11:00 AM ET Company Participants Dru Anderson - Investor Relations Iv Culp - President and Chief Executive Officer Ken Bowling - Chief Financial Officer Boyd Chumbley - President, Upholstery Fabrics...

The following slide deck was published by Culp, Inc. in conjunction with their 2023 Q3 earnings call. For further details see: Culp, Inc. 2023 Q3 - Results - Earnings Call Presentation

Culp press release ( NYSE: CULP ): FQ3 GAAP EPS of -$0.73 misses by $0.12 . Revenue of $52.5M (-34.6% Y/Y) misses by $2.39M . The company’s consolidated net sales for the fourth quarter are expected to be moderately higher as compared FQ3. For further deta...

Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 29, 2023. Fiscal 2023 Third Quarter Financial Summary Net sales were $52.5 million, down 34.6 percent compar...

Summary Culp's net sales have not stopped falling since 2018 due to a series of headwinds. Now, inflationary pressures and delays in pricing action are having a huge impact on profit margins. Volumes are lower as customer demand is currently low. The company has a robust balance...

Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2023 conference call on Thursday, March 2, 2023, at 11:00 a.m. ET. During this call, Culp will review the company’s financial and operating results for the ...

Summary January 2023 was an amazing month to be long equities. The Russell 2000 index was up 9.8%. Before the first opening bell of 2023, I created an equal weighted and bespoke list of twenty nine stocks for my January Effect 2023 model portfolio. The January Effect 2023 portfolio ...

Summary On January 3, 2023, an hour before the first opening bell of 2023, I published a list of my top 29 January Effect 2023 stocks. As of the close of business, January 11, 2023, this portfolio is up a blistering +21.4% whereas the Russell 2000 is up 4.7%. Although this is a very...

Culp, Inc. (CULP) Q2 2023 Earnings Conference Call December 08, 2022, 11:00 AM ET Company Participants Dru Anderson - IR Iv Culp - President and CEO Ken Bowling - CFO Boyd Chumbley - President, Upholstery Fabrics Conference Call Participants Rex Henders...