CUF

Culp Announces Results for Third Quarter Fiscal 2024, With Continued Sequential and Year-Over-Year Operating Improvement

Retrieved on: 
Wednesday, March 6, 2024
Manufacturing, Home Goods, Other Manufacturing, Textiles, Retail, Operating cost, Weather, Investment, Share repurchase, Average cost, Growth, Overalls, Loss, CHF, Weakness, Attention, Capital expenditure, Webcast, Public expenditure, Financial management, Chinese New Year, Environment, Face, CUF, Video game

Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 28, 2024.

Key Points: 
  • Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 28, 2024.
  • Gross margin for the third quarter of fiscal 2024 was 12.7%, compared with 4.0% for the third quarter of fiscal 2023.
  • Commenting on the results, Iv Culp, president and chief executive officer of Culp, Inc., said, “We are pleased to report continued year-over-year and sequential improvement in our consolidated sales and operating performance for the third quarter.
  • The company also expects a consolidated operating loss (loss from operations) for the fourth quarter of fiscal 2024 that is comparable to the fourth quarter of fiscal 2023.

Culp Announces Results for Second Quarter Fiscal 2024, With Continued Sequential and Strong Year-Over-Year Operating Improvement and a Solid Financial Position

Retrieved on: 
Monday, December 4, 2023
Retail, Home Goods, Textiles, Manufacturing, Webcast, EBITDA, NYSE, Investment, Share repurchase, Public expenditure, CUF, Capital expenditure, Financial management, Operating cost, Growth, Loss, CHF, Borrowing base, Face, Public utility, Bank, Video game, Natural gas

Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the second quarter ended October 29, 2023.

Key Points: 
  • Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the second quarter ended October 29, 2023.
  • This segment also achieved a 90 percent improvement in its operating results as compared to the prior-year period, and a 33 percent improvement as compared sequentially to the prior quarter.
  • CULP achieved sequential and year-over-year improvement in its sales and operating results for the second quarter of fiscal 2024.
  • Culp, Inc. will hold a conference call to discuss financial results for the second quarter of fiscal 2024 on December 5, 2023, at 11:00 a.m. Eastern Time.

65+ Populations in Upstate NY's 4 Largest Regions Surging, Getting Poorer; AARP NY to Meet with Local Leaders

Retrieved on: 
Friday, September 22, 2023
New York State Office of Children and Family Services, State, Poverty, Housing, Elder abuse, Senate, The Strong National Museum of Play, Friends, Capitol Region Education Council, United States Senate Special Committee on Aging, AARP, Upstate New York, Committee, Policy, Dignity, Public policy, Research, Center for an Urban Future, Plasma protein binding, American Museum of Natural History, Medicare, State legislature, CUF, Retirement, Investment, Vital Voices, Albany Institute of History & Art, City, Growth, Food, Caregiver, United States Senate, Population growth, Nightclub, Management, Health insurance, Future, Ageing, New Yorker

ALBANY, N.Y., Sept. 22, 2023 /PRNewswire/ -- Upstate New York's four largest regions are home to rapidly aging populations as the percentage of residents 65 and older is increasing by double digits with a concerning number of those older New Yorkers living in poverty, according to a new report sponsored by AARP New York.

Key Points: 
  • Only Erie County, at just 0.1%, recorded an increase in its under-65 population.
  • "Major issues impacting upstate New York's older residents include affordable housing, access to public benefits and adequate and safe long-term health care.
  • AARP New York is working with state and local governments and community-based nonprofit organizations to forge deeper collaborations to meet the needs of our aging relatives, friends and neighbors."
  • We're pleased to partner with AARP on this exciting event series, and help bring greater attention to the issues facing older New Yorkers."

Culp Announces Results for First Quarter Fiscal 2024, With Better-than-Expected Operating Improvement and Continued Solid Financial Position

Retrieved on: 
Wednesday, August 30, 2023
Textiles, Manufacturing, Borrowing base, Operating cost, Pressure, Rationalization, Loss, Capital expenditure, Face, Share repurchase, Calendar, Public expenditure, EBITDA, CUF, Investment, Webcast, Growth, Contraction, CHF, Financial management, NYSE, Video game, Security (finance), Retail

Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the first quarter ended July 30, 2023.

Key Points: 
  • Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the first quarter ended July 30, 2023.
  • This segment also achieved a 52 percent improvement in its operating results as compared to the prior-year period, and a 45 percent improvement as compared sequentially to the prior quarter.
  • CULP achieved sequential and year-over-year improvement in its operating results for the first quarter of fiscal 2024, although as expected, sales were pressured by ongoing industry demand softness.
  • Culp, Inc. will hold a conference call to discuss financial results for the first quarter of fiscal 2024 on August 31, 2023, at 11:00 a.m. Eastern Time.

Canada-Ukraine Foundation delivers 100 MOVES® SLC™ life-support systems to Ukraine

Retrieved on: 
Thursday, August 3, 2023
Ambulance, Government, Organization, Ministry, Zaporizhzhia Medical Academy of Post-Graduate Education Ministry of Health of Ukraine, CUF, Hospital, Non-governmental organization, Patient, Government of Canada, Nursing care plan, Health

The life-support systems were donated to the Canada-Ukraine Foundation by the Government of Canada.

Key Points: 
  • The life-support systems were donated to the Canada-Ukraine Foundation by the Government of Canada.
  • CUF is adding on ventilator cartridges, which are in low supply in Ukraine and are essential for the MOVES® SLC™ to function properly.
  • The Canada-Ukraine Foundation’s delivery of the 100 MOVES® SLC™ is the largest deployment of this life-saving technology since the start of the full-scale invasion of Ukraine.
  • It is imperative that NGOs, international governments and organizations continue to come together to provide Ukraine with humanitarian aid.”

Culp Announces Results for Fourth Quarter and Fiscal 2023, Ends Year With Quarterly Sales and Operating Improvement and Higher Cash Position

Retrieved on: 
Wednesday, June 28, 2023
Other Manufacturing, Manufacturing, Textiles, Borrowing base, Pressure, Rationalization, Loss, Capital expenditure, Share repurchase, Calendar, COVID, CUF, Chinese New Year, Webcast, CHF, Environment, NYSE, Coal, Life insurance, Bookkeeping, Retail, Security (finance), Video game, Tourism

Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the fourth quarter and fiscal year ended April 30, 2023.

Key Points: 
  • Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the fourth quarter and fiscal year ended April 30, 2023.
  • CULP achieved sequential and year-over-year improvement in its operating results for the fourth quarter of fiscal 2023 and remains well-positioned for the long term, especially with the transformation strategy underway in its mattress fabrics division.
  • Sales for this segment were $30.7 million for the fourth quarter, up 3.1 percent compared with sales of $29.8 million in the fourth quarter of fiscal 2022.
  • Sequentially, sales were up 10.4 percent compared with sales of $27.8 million for the third quarter of fiscal 2023.

Culp Announces Results for Third Quarter Fiscal 2023

Retrieved on: 
Wednesday, March 1, 2023
Other Manufacturing, Manufacturing, Textiles, NYSE, Rationalization, Share repurchase, Pressure, See, Marketing, Loss, Chinese New Year, CHF, Capital expenditure, CUF, Capital, Face, Webcast, Calendar, Creativity, Investment, Borrowing base, Airline, Sewing, Bank, Security (finance), Retail, Video game, Warehouse

Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 29, 2023.

Key Points: 
  • Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 29, 2023.
  • The company expects a consolidated operating loss (loss from operations) for the fourth quarter of fiscal 2023 that is meaningfully lower than the $(7.8) million operating loss for the third quarter of fiscal 2023.
  • Capital expenditures through the third quarter of fiscal 2023 were $1.6 million compared with $5.3 million for the same period for fiscal 2022.
  • Culp, Inc. will hold a conference call to discuss financial results for the third quarter of fiscal 2023 on March 2, 2023, at 11:00 a.m. Eastern Time.

Proactive news headlines including International Graphite, CuFe Ltd, Lincoln Minerals and Incannex Healthcare

Retrieved on: 
Friday, January 20, 2023
IND, WRM, SPP, Mining, OTC, DSF Refractories & Minerals Ltd, LIN, FDA, Research, ASX, CUF, AWST, Food, Proactivity, LNL, OTCQX, REE, Lithium, ILA, US Foods, White Rock, IMU, Gold, CTN, Pharmaceutical industry, Rare-earth element

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Key Points: 
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    Lincoln Minerals (ASX:LNL) will today recommence trading under two ticker codes, one new – LNLND – which is associated with a new capital raise of $4.6 million, and the original ticker, LNL.
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    Positive results from Incannex Healthcare Ltd (ASX:IHL, NASDAQ:IXHL)’s ongoing Australian Phase II Psi-GAD1 study would represent a significant catalyst for the company, according to Edison Investment Research.
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    Bellevue Gold Ltd (ASX:BGL) has wrapped up its share purchase plan (SPP), which closed at 5pm (AWST) last Friday.
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    Aruma Resources Ltd - Aruma Resources Ltd appoints new managing director to advance its portfolio of lithium and gold.

Proactive news headlines including Eastern Metals, Cobre Ltd, Incannex Healthcare and Imugene Ltd

Retrieved on: 
Monday, December 5, 2022
Poseidon, Lithium, LSE, RAC, PGE, KCB, MXC, ASX, Zinc, SPP, HIO, Copper, Soil, Sale, OTC, Comet, RTR, LRS, Proactivity, Lois, Cobalt, POS, RC, AMC, Telfer, EMS, TSX, TMR, CUF, Sempra Metals Ltd v IRC, Iron ore, Mining, Security (finance), NSW

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Key Points: 
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    RPM Automotive Group Ltd (ASX:RPM) has launched an underwritten $1 million share purchase plan at $0.165 per ordinary share following a successful $2 million share placement.
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The PAO Raises over $25,000 for the Canadian-Ukraine Foundation

Retrieved on: 
Tuesday, November 8, 2022
GLOBE, Police, Human, PAO, Ukrainian Canadian Congress, Organization, Association, Family, Loss, Main Centre for Missile Attack Warning, Friends, CUF, UCC, Congress

Established at the 18thUkrainian Canadian Congress (UCC), the Canada-Ukraine Foundation was formed in order to coordinate, develop, organize and deliver assistance projects generated by Canadians and directed to Ukraine.

Key Points: 
  • Established at the 18thUkrainian Canadian Congress (UCC), the Canada-Ukraine Foundation was formed in order to coordinate, develop, organize and deliver assistance projects generated by Canadians and directed to Ukraine.
  • CUF was established as a national charitable foundation that would coordinate with Canadian organizations that have projects in Ukraine, as well as other projects in Canada.
  • On behalf of the PAO Board and our members, I hope this helps the Ukraine-Canadian Foundation continue to do their great work.
  • A unifying voice for advocacy in policing, the PAO provides its member associations with representation, resource and support.