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Culp Inc (CULP) - Financial and Strategic SWOT Analysis Review

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    SWOT Analysis

  • 63 Pages
  • April 2023
  • GlobalData
  • Culp Inc
  • ID: 4745849
Culp Inc (CULP) - Financial and Strategic SWOT Analysis Review provides you an in-depth strategic SWOT analysis of the company’s businesses and operations. The profile has been compiled by the publisher to bring to you a clear and an unbiased view of the company’s key strengths and weaknesses and the potential opportunities and threats. The profile helps you formulate strategies that augment your business by enabling you to understand your partners, customers and competitors better.

The profile contains critical company information including:

  • Business description - A detailed description of the company’s operations and business divisions.
  • Corporate strategy - Analyst’s summarization of the company’s business strategy.
  • SWOT Analysis - A detailed analysis of the company’s strengths, weakness, opportunities and threats.
  • Company history - Progression of key events associated with the company.
  • Major products and services - A list of major products, services and brands of the company.
  • Key competitors - A list of key competitors to the company.
  • Key employees - A list of the key executives of the company.
  • Executive biographies - A brief summary of the executives’ employment history.
  • Key operational heads - A list of personnel heading key departments/functions.
  • Important locations and subsidiaries - A list and contact details of key locations and subsidiaries of the company.
  • Detailed financial ratios for the past five years - The latest financial ratios derived from the annual financial statements published by the company with 5 years history.
  • Interim ratios for the last five interim periods - The latest financial ratios derived from the quarterly/semi-annual financial statements published by the company for 5 interims history.

Highlights

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, woven dobbies, knitted fabrics, jacquard woven fabrics, and velvets. Culp’s major mattress fabrics clients include Tempur + Sealy International, Serta-Simmons Bedding, Corsicana, Ashley furniture and other small and medium-size bedding manufacturers. It's major upholstery fabrics customers include Kuka, Fusion, Flexsteel, La-Z-Boy, and Ashley. The company operates manufacturing facilities in the US, Canada, Haiti, and China. Culp is headquartered in High Point, North Carolina, the US.

Culp Inc Key Recent Developments

  • Mar 01, 2023: Culp reports results for Q3 ended January 29, 2023
  • Dec 07, 2022: Culp Announces Results for Second Quarter Fiscal 2023, Including Inventory Impairments and Markdowns of Inventory and Improved Cash Position
  • Aug 31, 2022: Culp appoints Tommy Bruno as executive vice president of Culp Home Fashions
  • Jul 31, 2022: Culp Announces Results for First Quarter Fiscal 2023

Key benefits of buying this profile include:

You get detailed information about the company and its operations to identify potential customers and suppliers.
  • The profile analyzes the company’s business structure, operations, major products and services, prospects, locations and subsidiaries, key executives and their biographies and key competitors.
Understand and respond to your competitors’ business structure and strategies, and capitalize on their weaknesses. Stay up to date on the major developments affecting the company.
  • The company’s core strengths and weaknesses and areas of development or decline are analyzed and presented in the profile objectively. Recent developments in the company covered in the profile help you track important events.
Equip yourself with information that enables you to sharpen your strategies and transform your operations profitably.
  • Opportunities that the company can explore and exploit are sized up and its growth potential assessed in the profile. Competitive and/or technological threats are highlighted.
Scout for potential investments and acquisition targets, with detailed insight into the companies’ strategic, financial and operational performance.
  • Financial ratio presented for major public companies in the profile include the revenue trends, profitability, growth, margins and returns, liquidity and leverage, financial position and efficiency ratios.
Gain key insights into the company for academic or business research.
  • Key elements such as SWOT analysis, corporate strategy and financial ratios and charts are incorporated in the profile to assist your academic or business research needs.
Note: Some sections may be missing if data is unavailable for the company

Table of Contents

Section 1 - About the Company
  • Culp Inc - Key Facts
  • Culp Inc - Key Employees
  • Culp Inc - Key Employee Biographies
  • Culp Inc - Major Products and Services
  • Culp Inc - History
  • Culp Inc - Company Statement
  • Culp Inc - Locations And Subsidiaries
  • Head Office
  • Other Locations & Subsidiaries
Section 2 - Company Analysis
  • Company Overview
  • Culp Inc - Business Description
  • Business Segment: Mattress Fabrics
  • Overview
  • Performance
  • Key Stats
  • Business Segment: Upholstery Fabrics
  • Overview
  • Performance
  • Key Stats
  • Geographical Segment: All Other Areas
  • Performance
  • Geographical Segment: Far East and Asia
  • Performance
  • Geographical Segment: North America (excluding the US)
  • Performance
  • Geographical Segment: United States
  • Performance
  • Culp Inc - Corporate Strategy
  • Culp Inc - SWOT Analysis
  • SWOT Analysis - Overview
  • Culp Inc - Strengths
  • Culp Inc - Weaknesses
  • Culp Inc - Opportunities
  • Culp Inc - Threats
  • Culp Inc - Key Competitors
Section 3 - Company Financial Ratios
  • Financial Ratios - Capital Market Ratios
  • Financial Ratios - Annual Ratios
  • Performance Chart
  • Financial Performance
  • Financial Ratios - Interim Ratios
  • Financial Ratios - Ratio Charts
Section 4 - Company’s Recent Developments
  • Mar 01, 2023: Culp reports results for Q3 ended January 29, 2023
  • Dec 07, 2022: Culp Announces Results for Second Quarter Fiscal 2023, Including Inventory Impairments and Markdowns of Inventory and Improved Cash Position
  • Aug 31, 2022: Culp appoints Tommy Bruno as executive vice president of Culp Home Fashions
  • Jul 31, 2022: Culp Announces Results for First Quarter Fiscal 2023
  • Jun 29, 2022: Culp Announces Results for Fourth Quarter and Fiscal 2022; Company Takes Steps to Enhance Liquidity
  • Apr 25, 2022: Culp Revises Expectations for Fourth Quarter Fiscal 2022
  • Mar 02, 2022: Culp Announces Results for Third Quarter Fiscal 2022
Section 5 - Appendix
  • Methodology
  • Ratio Definitions
  • About the Publisher
  • Contact the Publisher
  • Disclaimer
List of Tables
  • Culp Inc, Key Facts
  • Culp Inc, Key Employees
  • Culp Inc, Key Employee Biographies
  • Culp Inc, Major Products and Services
  • Culp Inc, History
  • Culp Inc, Other Locations
  • Culp Inc, Subsidiaries
  • Culp Inc, Key Competitors
  • Culp Inc, Ratios based on current share price
  • Culp Inc, Annual Ratios
  • Culp Inc, Interim Ratios
  • Currency Codes
  • Capital Market Ratios
  • Equity Ratios
  • Profitability Ratios
  • Cost Ratios
  • Liquidity Ratios
  • Leverage Ratios
  • Efficiency Ratios
List of Figures
  • Culp Inc, Performance Chart (2018 - 2022)
  • Culp Inc, Ratio Charts

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • ZhongWang Fabric Co Ltd
  • Huafon Microfibre (Shanghai) Co Ltd
  • Morgan Fabrics Corporation
  • Global Textile Alliance
  • BekaertDeslee Holding NV
  • Richloom Fabrics Group
  • Specialty Textile, Inc.
  • Dorell Fabrics Co.
  • Kasen International Holdings Ltd
  • Specialty Textile, Inc.
  • Kasen International Holdings Ltd
  • Flexsteel Industries Inc
  • ZhongWang Fabric Co Ltd
  • Huafon Microfibre (Shanghai) Co Ltd
  • Dorell Fabrics Co.
  • Global Textile Alliance
  • BekaertDeslee Holding NV
  • Morgan Fabrics Corporation
  • Richloom Fabrics Group