Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
Culp, Inc. (NYSE: CULP) announced today a series of proactive measures the company has taken to preserve balance sheet strength and reduce costs in response to increasingly challenging market conditions and the impact of the COVID-19 global pandemic. These steps include:
Culp, Inc. (NYSE: CULP) today announced updates to recent measures the company has taken across several locations in its global platform in North America and Asia to increase production of face masks, bedding covers, and fabrics for healthcare operations and consumer health. These additional steps include:
High Point-based Culp Inc. (NYSE: CULP), one of the world's largest marketers of mattress fabrics for bedding and upholstery fabrics for residential and commercial furniture, has announced lower-than-expected sales for third quarter fiscal year 2020. For the quarter ended Feb. 2, 2020, net sales were $72 million, down 6.8% from $77.2 million the prior year, with mattress fabrics sales down 7.4%, upholstery fabrics sales down 5.7%, and home accessories sales down 11%. Rather than coronavirus, the company cited greater-than-expected impacts from holiday shutdowns in China and Haiti, and continued softness in the market.
Canadian investor’s largest new holding is Fitbit Continue reading...
"Since 2006, value stocks (IVE vs IVW) have underperformed 11 of the 13 calendar years and when they beat growth, it wasn't by much. Cumulatively, through this week, it has been a 122% differential (up 52% for value vs up 174% for growth). This appears to be the longest and most severe drought for value […]
High Point-based Culp Inc. (NYSE: CULP) today announced it has reprioritized some of its operations to manufacture critical products needed for health care, essential infrastructure and public health. Culp will manufacture face masks and fabrics for masks, as well as bed covers for hospitals and other fabrics used for mattresses and furniture products supplied to health care facilities, nursing homes, emergency shelters, hotels and other residential facilities.
HIGH POINT, N.C., Feb. 28, 2020 -- Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2020.
A bedding and upholstery fabric maker is working toward achieving bast sustainable practices at its plants worldwide.
Culp, Inc. (NYSE: CULP) today reported financial and operating results for the third quarter ended February 2, 2020.
This article is for investors who would like to improve their understanding of price to earnings ratios (P/E ratios...
Could Culp, Inc. (NYSE:CULP) be an attractive dividend share to own for the long haul? Investors are often drawn to...
In addition to furloughing employees, the company slashed executive pay and sold its majority stake in eLuxury.
Only two of the Triad's publicly traded companies have seen their stock price go up since Feb. 21.
The stock has taken an absolute nosedive, down almost 90% since its 2016 high, and also down 55% since the beginning of the year Continue reading...
Does the December share price for Culp, Inc. (NYSE:CULP) reflect what it's really worth? Today, we will estimate the...
HIGH POINT, N.C., Nov. 27, 2019 -- Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its second quarter fiscal 2020.
Bedding fabrics maker is leveraging global manufacturing capacity to make gowns, health care bedding
The spreading coronavirus rattled markets across the globe Monday, including on Wall Street. The S&P 500 fell 3.4 per cent, its worst day since February 2018. The Nasdaq dropped 3.7 per cent and the Dow was down 1,000 points, a loss to close the day 3.
The truth is that if you invest for long enough, you're going to end up with some losing stocks. Long term Culp, Inc...