Culp, Inc. Provides Update on Acquisition Activities
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
Company Research
Source: Business Wire
HIGH POINT, N.C.--(BUSINESS WIRE)-- Culp, Inc. (NYSE: CULP) today provided an update on the company’s acquisition activities. Franklin N. Saxon, president and chief executive officer of Culp, Inc., reported, “We previously announced a non-binding letter of intent for a proposed acquisition of a mattress fabrics business in China. We have not been able to reach a definitive agreement for this proposed acquisition, and that particular transaction currently is not expected to occur. “Despite this development, however, the company remains committed to our mattress fabrics growth strategy in China. We believe increasing our sales of mattress fabrics and sewn covers in non-North American markets represents a strong opportunity for Culp. Growing our China-based operation can complement our current business model, and our substantial upholstery fabrics operations located in China provide us with a significant kn
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CULP
News
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CULP
Earnings
- 3/6/24 - Miss
CULP
Sec Filings
- 4/12/24 - Form SC
- 3/8/24 - Form 10-Q
- 3/6/24 - Form 8-K
- CULP's page on the SEC website