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CULP Culp Inc

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  • 5.100
  • -0.090-1.73%
Close Mar 4 16:00 ET
64.05MMarket Cap-3.05P/E (TTM)
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    Jaguar8
    Jaguar8
    Dec 4, 2024 15:16
    NEWS ER
    $Culp Inc (CULP.US)$
    Culp Announces Results for Second Quarter Fiscal 2025, Highlighted by Sequential Improvement in Mattress Fabrics Performance, Along With Steady Restructuring Progress
    Positive
    Mattress fabrics segment sales increased 7.1% sequentially
    70.7% sequential reduction in mattress fabrics operating loss
    Expected positive adjusted EBITDA for second half of FY2025
    Projected $10-11 million in annualized savings after restructuring completion
    Upholstery fabrics segment remains pro...
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