Culp Inc - Company Profile
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Culp Inc (Culp) is a manufacturer and marketer of mattress fabrics, sewn covers, and upholstery fabrics. The company’s product portfolio comprises knitted fabrics, woven jacquard fabrics, cut and sewn kits. It also offers piece-dyed woven products, micro denier suedes, polyurethane leather look fabrics, knitted fabrics, jacquard woven fabrics, woven dobbies, and velvets. Culp's major clients for mattress fabrics include Tempur + Sealy International, Serta-Simmons Bedding, Corsicana, Ashley Furniture, and other small and medium-sized bedding manufacturers. The company operates manufacturing facilities in the US, Canada, Haiti, and China. Culp is headquartered in High Point, North Carolina, the US.
Headquarters
United States of America
Address
410 W. English Road 5th Floor, High Point, North Carolina, 27262
Website
www.culp.com
Telephone
1 336 8895161
No of Employees
1,000
Industry
Consumer Packaged Goods
Ticker Symbol & Exchange
CULP (NYSE)
Revenue (2024)
$225.3M
-4.1%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
56.2%
(2024 vs 2023)
Market Cap*
$44.6M
Net Profit Margin (2024)
XYZ
54.3%
(2024 vs 2023)
* As of and is in US$
Culp Inc premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Mattress Fabrics: | Culp |
| Woven Jacquards Fabrics | LiveSmart Evolve |
| Converted Fabrics | LiveSmart |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2021 | Acquisitions/Mergers/Takeovers | In December, the company acquired the remaining 50% interest in Haiti operations. |
| 2020 | Divestiture | In March, the company sold its entire ownership percentage in eLuxury, an online retailer of bedding accessories and home goods. |
| 2018 | Acquisitions/Mergers/Takeovers | In June, the company acquired eLuxury, an internet company that provides home goods and bedding accessories. |
Competitor Comparison
| Key Parameters | Culp Inc | Huafon Microfibre (Shanghai) Co Ltd | Kasen International Holdings Ltd | ZhongWang Fabric Co Ltd | BekaertDeslee Holding NV |
|---|---|---|---|---|---|
| Headquarters | United States of America | China | China | China | Belgium |
| City | High Point | Shanghai | Jiaxing | Hangzhou | Waregem |
| State/Province | North Carolina | Shanghai | Zhejiang | Zhejiang | - |
| No. of Employees | 1,000 | 2,414 | 2,431 | 659 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Franklin N. Saxon | Chairman | Executive Board | 2020 | 72 |
| Robert G. Culp IV | Chief Executive Officer; President; Director | Executive Board | 2020 | 53 |
| Kenneth R. Bowling | Executive Vice President; Treasurer; Chief Financial Officer | Senior Management | 2019 | 62 |
| Mary Beth Hunsberger | Chief Operating Officer | Senior Management | 2025 | 49 |
| Thomas M. Bruno | Chief Commercial Officer | Senior Management | 2025 | 43 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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