OverviewSuggest Edit

Culp is a company that manufacturers, sources, and markets mattress fabrics and sewn covers used for covering mattresses and foundations and other bedding products; and upholstery fabrics, including cut and sewn kits, primarily used in the production of upholstered furniture. It operates through two operating segments. The Mattress Fabrics segment, also known as Culp Home Fashions, provides mattress fabrics and sewn mattress covers to bedding manufacturers. These products include woven jacquard fabrics, knitted fabrics, and some converted fabrics. The Upholstery Fabrics segment offers fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, micro-denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane fabrics.

TypePublic
Founded1972
HQHigh Point, NC, US
Websiteculp.com

Latest Updates

Employees (est.) (May 2020)1,399(-2%)
Job Openings14
Revenue (FY, 2020)$256.2 M(-13%)
Share Price (Jul 2021)$15.6(-1%)
Cybersecurity ratingDMore

Key People/Management at Culp

Robert G. Culp

Robert G. Culp

Chief Executive Officer, Director
Franklin N. Saxon

Franklin N. Saxon

Chairman of the Board, Executive Director
Cassandra J. Brown

Cassandra J. Brown

President – Culp Home Fashions
Boyd B. Chumbley

Boyd B. Chumbley

President, Culp Upholstery Fabric Division
Kenneth R. Bowling

Kenneth R. Bowling

Senior Vice President, Chief Financial Officer and Treasurer
Ashley C. Durbin

Ashley C. Durbin

Vice President, General Counsel and Corporate Secretary
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Culp Office Locations

Culp has offices in High Point, Anderson, Burlington, Stokesdale and in 1 other location
High Point, NC, US (HQ)
1823 Eastchester Dr
Anderson, SC, US
414 W Hampton St.
Burlington, NC, US
2742 Tucker St
Stokesdale, NC, US
7209 US-158
Shanghai, CN
building #a - 25, 5399 Waiqingsong Hwy, Qingpu Qu
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Culp Financials and Metrics

Culp Revenue

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Culp's revenue was reported to be $256.17 m in FY, 2020
USD

Revenue (Q3, 2021)

79.3m

Gross profit (Q3, 2021)

13.9m

Gross profit margin (Q3, 2021), %

17.5%

Net income (Q3, 2021)

2.1m

EBIT (Q3, 2021)

4.0m

Market capitalization (15-Jul-2021)

191.5m

Closing stock price (15-Jul-2021)

15.6

Cash (31-Jan-2021)

36.0m

EV

161.9m
Culp's current market capitalization is $191.5 m.
USDQ1, 2012

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.6 x
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Culp Cybersecurity Score

Cybersecurity ratingPremium dataset

D

68/100

SecurityScorecard logo

Culp Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Culp Online and Social Media Presence

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Culp News and Updates

GE CEO Culp sees Q2 aviation shop visits in line with Q1, but sees a 'step down' in margins

Shares of General Electric Co. shed 1.0% in afternoon trading Friday, as Chief Executive Larry Culp spoke at the Bernstein Strategic Decisions Conference. The stock has now slipped 2.8% since closing at a three-year high of $14.35 on May 27. Regarding the aviation business, Culp said, according to …

GE CEO Culp says aviation-business recovery is a matter of when rather than if

GE CEO Culp says aviation-business recovery is a matter of when rather than if

Culp Locks Up $47 Million Payday by Winning Over GE’s Doubters

Culp Locks Up $47 Million Payday by Winning Over GE’s Doubters

Culp, Inc. to Broadcast Second Quarter Fiscal 2021 Conference Call Live on the Internet

HIGH POINT, N.C., Nov. 24, 2020 (GLOBE NEWSWIRE) -- Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its second quarter fiscal 2021 conference call on Friday, December 4, 2020, at 11:00 a.m. ET.  During this call, Culp will review the com…

GE Jumps on Surprise Profit as CEO Larry Culp Sees Turnaround Accelerating

GE Jumps on Surprise Profit as CEO Larry Culp Sees Turnaround Accelerating

GE's stock pulls back after CEO Culp presents at analyst conference

Shares of General Electric Co. pulled back 2.9% in midday trading, after running up 13.7% over the past two sessions, as the industrial conglomerate provided an update on its business at analysts conference. The selloff reverses and earlier intraday gain of as much as 2.7% soon after the opening be…
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Culp Blogs

Culp, Inc. Introduces ChillSense™ Powered by REPREVE® -- Innovative Mattress Fabric Combining Cooling and Sustainability

HIGH POINT, N.C. (JUNE 2, 2021) ─ Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) pairs innovation and dedication to its sustainability efforts with Culp Home Fashions’ new line of mattress fabrics, ChillSense powered by REPREVE. This innovative …

Culp, Inc. Announces Promotions for Culp Home Fashions

  HIGH POINT, N.C. (May 20, 2021) ─ Culp, Inc. (NYSE: CULP) today announced that Jeff Tsacoumangos has been named Head of Global Strategic Transformation, Supply Chain and Service for Culp Home Fashions, the company’s mattress fabrics division. Tsacoumangos has served as Director of Qua…

Culp, Inc. Updates Sustainability Initiatives and Progress With LiveSmart Evolve®️️

HIGH POINT, N.C. (MAY 18, 2021) ─ Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) continues to advance its efforts to promote environmental sustainability, announcing today that since the introduction of its LiveSmart Evolve® fabric line in 2019, CULP has he…

Culp Creating Innovation Center Inside New Congdon Yards Campus

HIGH POINT — Textile company Culp, Inc. is planning to open a design center on the seventh floor of Plant 7 in the new Congdon Yards complex in downtown High Point.

Culp to anchor Congdon Yards

HIGH POINT - High Point textile company Culp Inc. will be an anchor tenant in the new Congdon Yards campus downtown.

Culp Frequently Asked Questions

  • When was Culp founded?

    Culp was founded in 1972.

  • Who are Culp key executives?

    Culp's key executives are Robert G. Culp, Franklin N. Saxon and Cassandra J. Brown.

  • How many employees does Culp have?

    Culp has 1,399 employees.

  • What is Culp revenue?

    Latest Culp annual revenue is $256.2 m.

  • What is Culp revenue per employee?

    Latest Culp revenue per employee is $183.1 k.

  • Who are Culp competitors?

    Competitors of Culp include Precision Fabrics Group, Microfibres and Richloom.

  • Where is Culp headquarters?

    Culp headquarters is located at 1823 Eastchester Dr, High Point.

  • Where are Culp offices?

    Culp has offices in High Point, Anderson, Burlington, Stokesdale and in 1 other location.

  • How many offices does Culp have?

    Culp has 5 offices.