Culp Co-Founder Rob Culp Dies

Culp Co-Founder Rob Culp Dies

Industry veteran Robert “Rob” G. Culp III died Dec. 8 at age 72, following complications related to leukemia. Born in Chicago to Esther and Robert Culp Jr., he spent much of his life in High Point, North Carolina, where in 1972 he helped his father found textile supplier Culp Inc. Culp served as chief executive […]

Culp reports fiscal 2018 sales gain

Culp reports fiscal 2018 sales gain

Industry supplier and ticking major Culp Inc. recorded fourth-quarter 2018 (ended April 30) net sales of $78.2 million, with ticking sales down 4.7% and upholstery up 11%, compared with the prior-year quarter. For the full fiscal year, the High Point, North Carolina-based company had net sales of $323.7, reflecting a 1% rise in ticking and […]

Culp makes strategic acquisition of eLuxury.com

Culp makes strategic acquisition of eLuxury.com

Textile supplier Culp Inc., headquartered in High Point, North Carolina, plans to purchase eLuxury.com, an Evansville, Indiana-based e-commerce player whose foundational product line is mattress protectors and pads manufactured at its own domestic facility. The eLuxury site also sells a wide range of sheets, bed frames, mattresses and other bedroom and home items. The acquisition […]

Culp mattress fabric sales tick up in third quarter

BRIEFLY Culp third-quarter snapshot Net income $3.8 million Net sales $81.3 million Ticking sales $45.7 million Upholstery sales $35.6 million Textile supplier Culp Inc., with headquarters in High Point, North Carolina, reported net income (using generally accepted accounting principles) of $3.8 million for its fiscal 2015 third quarter, a 55% decrease as compared with GAAP […]

Culp promotes Rosser, hires Gneiser

Textile supplier Culp Inc. has promoted Pat Rosser to vice president of operations for Culp Home Fashions, and hired Joe Gneiser to fill Rosser’s previous role as director of operations. Rosser is responsible for overseeing global production schedules, logistics, organizational development and process review. He joined the company in 2011 as operations coordinator. Gneiser is […]

Culp Inc. makes $9.5 million capital investment

Textile supplier Culp Inc. is laying the groundwork to expand its mattress-fabric business with a $9.5 million investment in its Culp Home Fashions manufacturing facilities. The two-phase capital project includes a building expansion and the addition of new capacity for fabric finishing and production at Culp facilities in four countries. The project will be complete […]

Culp income dips, sales climb in fiscal Q4, full year

Textile manufacturer Culp Inc., with headquarters in High Point, North Carolina, reported that net sales rose 5.2% to $74 million in the fiscal fourth quarter of 2014, ending April 27, as compared with the same quarter in 2013. Ticking sales rose 6.9% to $43.7 million; upholstery sales rose 2.8% to $30.4 million. Fourth-quarter net income, […]

Culp sales spike in third quarter

BRIEFLY Culp third quarter Net sales $72.4 million Mattress fabric sales $38.5 million Upholstery fabric sales $33.8 million Fabric supplier Culp Inc. had net sales in its fiscal third quarter ending Jan. 26, of $72.4 million, an increase of 13.6% as compared with the same quarter in fiscal 2013. The High Point, N.C.-based company’s upholstery […]

Upholstery drives Culp second-quarter sales spike

Textile supplier Culp Inc., with headquarters in High Point, N.C., reported that net sales for its fiscal 2014 second quarter ended Oct. 27 were $70.6 million, up 8% over the fiscal second quarter of 2013. BRIEFLY Culp second quarter Net sales $70.6 million Mattress fabric sales $40.3 million Upholstery fabric sales $30.3 million Upholstery fabric […]

Culp sales run relatively flat in first quarter

BRIEFLY Culp first quarter Net sales $70.1 million Mattress fabric sales $38.2 million Upholstery fabric sales $32 million Fabric supplier Culp Inc., based in High Point, N.C., reported that net sales for its fiscal 2014 first quarter ended July 28 were $70.1 million, up 1.4% over the first quarter of fiscal 2013. Mattress fabric sales […]