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    CULP   US2302151053

CULP, INC.

(CULP)
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Business Summary
Logo Culp, Inc.
Culp, Inc. is a producer of mattress fabrics and marketer of upholstery fabrics for furniture in North America. The Company is engaged in the manufacture, sourcing and marketing of mattress fabrics and sewn covers used for covering mattresses and box springs, and upholstery fabrics, including cut and sewn kits used in production of upholstered furniture. The Company operates through two segments: mattress fabrics (Culp Home Fashions) and upholstery fabrics. Its mattress fabrics segment manufactures and markets mattress fabric and mattress covers to bedding manufacturers. Its upholstery fabrics segment markets fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, microdenier suedes, woven dobbies, knitted fabrics, piece-dyed woven products and polyurethane leather look fabrics. The Company markets a range of fabrics in the categories, including fabrics produced at its manufacturing facilities and fabrics produced by other suppliers.

Number of employees : 1 430 people.
Sales per Business
20202021Delta
Mattress Fabrics131.4151.3%157.6752.6% +19.98%
Upholstery Fabrics124.7548.7%142.0547.4% +13.86%
USD in Million
Sales per region
20202021Delta
United States189.0773.8%217.4772.6% +15.02%
China21.408.4%28.109.4% +31.31%
Mexico21.708.5%27.209.1% +25.35%
Far East and Asia15.075.9%15.665.2% +3.94%
North America (excluding United States)5.942.3%5.731.9% -3.57%
All Other Areas2.991.2%5.561.9% +86.14%
USD in Million
Managers
Name Title Age Since
Robert George Culp Chief Executive Officer & Director 49 2020
Kenneth R. Bowling Chief Financial Officer, Treasurer & Executive VP 58 2019
Kenneth W. McAllister Lead Independent Director 71 2006
Kenneth R. Larson Independent Director 77 2004
Fred A. Jackson Independent Director 70 2016
Sharon Allred Decker Independent Director 63 2019
Perry Ewin Davis Independent Director 61 2019
Ashley C. Durbin Secretary, Vice President & General Counsel - -
Teresa A. Huffman Senior Vice President-Human Resources - -
Thomas B. Gallagher Vice President-Finance & Controller 48 2006
Members of the board
Name Title Age Since
Franklin N. Saxon Executive Chairman 68 2020
Kenneth W. McAllister Lead Independent Director 71 2006
Kenneth R. Larson Independent Director 77 2004
Fred A. Jackson Independent Director 70 2016
Robert George Culp Chief Executive Officer & Director 49 2020
Sharon Allred Decker Independent Director 63 2019
Perry Ewin Davis Independent Director 61 2019
Equities
Vote QuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 12,203,284 11,014,240 90.3% 0 0.0% 90.3%
Shareholders
NameEquities%
Invesco Advisers, Inc. 1,765,321 14.4%
Aberdeen Asset Managers Ltd. 1,367,922 11.1%
Aberdeen Standard Investments, Inc. 896,261 7.30%
Renaissance Technologies LLC 888,417 7.24%
CIBC Private Wealth Advisors, Inc. 879,844 7.17%
Dimensional Fund Advisors LP 746,440 6.08%
Capital Research & Management Co. 635,000 5.17%
Mill Road Capital Management LLC 623,969 5.08%
The Vanguard Group, Inc. 524,113 4.27%
Russell Investment Management LLC 450,871 3.67%
Company contact information
Culp, Inc.
1823 Eastchester Drive
High Point, NC 27265-2686

Phone : +1.336.889.5161
Fax : +1.336.887.7089
Web : http://www.culp.com
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