Culp Announces Definitive Agreement to Acquire Source for Custom Window Treatments Designed for Hospitality Market
Culp, Inc. (CULP)
Last culp, inc. earnings: 3/4 04:15 pm
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US:NYSE Investor Relations:
culpinc.gcs-web.com/investor-overview
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Source: Business Wire
HIGH POINT, N.C.--(BUSINESS WIRE)-- Culp, Inc. (NYSE: CULP) announced today that it has reached a definitive agreement to acquire Read Window Products, Inc., a source for custom window treatments and other products for the hospitality and commercial industries. Based in Knoxville, Tennessee, Read Window Products is a turn-key provider of window treatments offering measuring, sourcing, fabrication and installation services. Read Window Products’ primary custom product line includes motorization, shades, drapery and shower curtains. In addition, they supply soft goods such as decorative top sheets, coverlets, duvet covers, bed skirts, bolsters and pillows, for leading hospitality brands worldwide. Read Window Products has been in business since 1981, with annual revenues of approximately $11.0 million in 2017. Culp currently expects to fund the acquisition with cash and investments on hand without incurring any additio
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CULP
News
- Culp Announces Broad Restructuring Plan Primarily Focused on Mattress Fabrics Segment, Also Updates Financial Outlook for the Fourth Quarter of Fiscal 2024 [Yahoo! Finance]Yahoo! Finance
- Culp Announces Broad Restructuring Plan Primarily Focused on Mattress Fabrics Segment, Also Updates Financial Outlook for the Fourth Quarter of Fiscal 2024Business Wire
- Culp, Inc. (NYSE: CULP) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Culp, Inc. (NYSE: CULP) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- Shareholders in Culp (NYSE:CULP) are in the red if they invested five years ago [Yahoo! Finance]Yahoo! Finance
CULP
Earnings
- 3/6/24 - Miss
CULP
Sec Filings
- 5/1/24 - Form 8-K
- 4/12/24 - Form SC
- 3/8/24 - Form 10-Q
- CULP's page on the SEC website