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FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
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Culp, Inc. (NYSE:CULP) Q2 2023 Earnings Call Transcript December 8, 2022 Culp, Inc. beats earnings expectations. Reported EPS is $-0.99, expectations were $-1.07. Operator: Good morning and welcome to the Culp, Inc. Second Quarter Fiscal 2023 Earnings Conference Call. All participants will be in listen-only mode. After today’s presentation, there will be an opportunity to […]
Culp Inc. of High Point reported an $11.9 million operating loss as net sales declined more than 21 in its second quarter but expressed cautious optimism that difficult conditions will ease up soon. The loss for the quarter that ended Oct. 20 included a $5 million inventory impairment charge and loss on raw materials and finished goods in the matress fabrics segment, and $1 million in higher-than-normal inventory markdowns in the upholstery fabrics business. Net loss was $12.2 million, or 99 c...
Culp, Inc. (CULP) delivered earnings and revenue surprises of 10% and 1.09%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?
HIGH POINT, N.C., December 07, 2022--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, "CULP") today reported financial and operating results for the second quarter ended October 30, 2022.
Culp, Inc. (CULP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
HIGH POINT, N.C., November 29, 2022--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its second quarter fiscal 2023 conference call on Thursday, December 8, 2022, at 11:00 a.m. ET. During this call, Culp will review the company’s financial and operating results for the second quarter ended October 30, 2022. A press release announcing these results will be issued after the close of market trading on Wednesday, December 7, 2022.
Culp, Inc. ( NYSE:CULP ), might not be a large cap stock, but it led the NYSE gainers with a relatively large price...
High Point mattress and upholstery materials maker Culp Inc. downgraded its expectations for its current quarter because of inflation, macro-economic pressures, and changes in consumer spending. This includes approximately $5 million in inventory impairment charges and loss on the sale of raw material and finished-goods inventory in the company’s mattress fabrics segment. The expected loss also reflects $1 million in higher-than-normal inventory markdowns in the residential upholstery fabrics ...