Culp (CULP)

• Market cap: $68.7M
• 1 day: 2.82%
• 5 days: 0.00%
• 1 month: 10.28%
• 3 months: -15.46%
• 6 months: 25.75%
• Year to date: -4.87%
• 1 year: -3.01%
• 5 years: -62.61%
• 10 years: -77.01%
• Sector: Consumer Discretionary
• Industry: Broadwoven Fabric Mills, Cotton

About: Culp Inc manufactures, sources, and markets mattress fabrics and sewn covers used for covering mattresses and box springs and upholstery fabrics including cut and sewn kits used in the production of upholstered furniture. The company has two operating segments Mattress fabrics which generates maximum revenue, and Upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. The upholstery fabrics segment markets fabrics for residential, commercial, and hospitality furniture and also provides window treatment products and installation services for its customers in the hospitality and commercial industries. Geographically, it derives key revenue from the United States of America.

Employees: 1,000

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

46% more capital invested

Capital invested by funds: $34.6M [Q2] → $50.6M (+$16M) [Q3]

0.41% more ownership

Funds ownership: 61.45% [Q2] → 61.86% (+0.41%) [Q3]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q2] → 2 (+0) [Q3]

5% less funds holding

Funds holding: 40 [Q2] → 38 (-2) [Q3]

40% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 5

60% less repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 15

100% less call options, than puts

Call options by funds: $0 | Put options by funds: $1K