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Company:
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CULP INC (CULP)
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Form Type:
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11-K
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Filing Date:
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6/23/2022
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CIK:
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0000723603
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Address:
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1823 EASTCHESTER DRIVE
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City, State, Zip:
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HIGH POINT, North Carolina 27265
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Telephone:
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(336) 889-5161
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Fiscal Year:
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05/03
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Last Trade
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Last Trade:
$5.34
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Change:
0.04 (0.76%)
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Trade Time:
Mar 28
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Market Cap:
$65.74M
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Description of Business
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Culp manufactures, 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. The company competes in a business driven
by fashion and product performance, and we strive to differentiate ourselves by
placing a sustained focus on product innovation and creativity. In addition, we
place great emphasis on providing excellent and dependable service to our
customers. Our focused efforts to protect our financial strength have allowed us
to maintain our position as a financially stable and trusted supplier of
innovative fabrics to bedding and furniture manufacturers.
We believe Culp is the largest producer of mattress fabrics in North America and
one of the largest marketers of upholstery fabrics for furniture in North
America, measured by total sales.
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