Earnings Call Summary | Culp Inc(CULP.US) Q4 2024 Earnings Conference
Earnings Call Summary | Culp Inc(CULP.US) Q4 2024 Earnings Conference
The following is a summary of the Culp, Inc. (CULP) Q4 2024 Earnings Call Transcript:
以下是卡爾普紡織（CULP）2024財年第四季度業績會交流摘要：
Financial Performance:
金融業績：
Net sales decreased by 19.4% to $49.5 million in Q4 from weak demand.
Fiscal year operating loss of $11.3 million, including restructuring costs.
因需求疲弱，第四季度淨銷售額下降19.4%，爲4950萬美元。
財年運營虧損1130萬美元，包括重組成本。
Business Progress:
業務進展：
Comprehensive restructuring focusing on Mattress Fabrics segment to cut costs.
Launched new roller shade capacity to expand hospitality and window treatments.
對牀墊織物部門進行全面重組以降低成本。
推出新的捲簾生產能力以擴展酒店和窗簾業務。
Opportunity:
機會：
Restructuring aims for $10-11 million in annual savings, targeting profitability in H2 FY'25.
Emphasizing innovation and new product placements to spur growth.
重組旨在實現每年1000萬至1100萬美元的節省，目標是在2025財年下半年實現盈利。
強調創新和新產品佈局以刺激創業板。
Risk:
風險：
Lower demand in consumer markets affecting sales and efficiency.
Need to adapt to macroeconomic pressures through restructuring efforts.
消費市場需求下降對銷售和效率產生影響。
需要通過重組努力來適應宏觀經濟壓力。
Financial Performance:
金融業績：
Culp Inc. reported a net sales decrease of 19.4% to $49.5 million in Q4, driven by weak industry demand.
Gross operating loss of $4.2 million this quarter, including restructuring expenses of $204,000.
Full fiscal year sales totaled $225.3 million, down 4.1% year-over-year.
Fiscal year operating loss was $11.3 million, with $676,000 in restructuring expenses.
Net loss for the quarter was $4.9 million, $0.39 per diluted share.
Adjusted EBITDA for the Q4 period was a negative $3.4 million.
Total cash at year-end was $10 million, with no outstanding debt.
卡爾普紡織公司報告稱，由於創業板需求疲軟，第四季度淨銷售額下降19.4%，爲4950萬美元。
本季度毛利虧損420萬美元，包括204000美元的重組費用。
整個財年銷售額達到2.253億美元，同比下降4.1%。
財年運營虧損1130萬美元，其中包括676000美元的重組費用。
本季度淨虧損490萬美元，每股攤薄虧損0.39美元。
該季度調整後的稅前利潤爲負340萬美元。
年底現金總額爲1000萬美元，沒有未償還債務。
Business Progress:
業務進展：
Culp is undergoing comprehensive restructuring primarily focusing on the Mattress Fabrics segment to align manufacturing costs with demand, anticipated to complete by the end of fiscal 2025.
Launched new roller shade capacity in North Carolina, expected to expand the Hospitality Fabric and Window Treatment businesses.
Upholstery Fabrics segment continues strong performance in hospitality, contributing 38% to segment sales in Q4.
Net sales for Mattress Fabrics were $25.8 million, down 16.1%, with operating loss of $2.9 million for the quarter.
卡爾普正在進行全面的重組，主要通過對牀墊織物部門的調整來使製造成本與需求保持一致，並預計將於2025財年底完成。
在北卡羅來納州推出新的捲簾生產能力，預計將擴大酒店織物和窗簾業務。
在第四季度，賓館織物表現強勁，爲該部門銷售額的38%。
牀墊織物的淨銷售額爲2580萬美元，同比下降16.1%，本季度運營虧損爲290萬美元。
Opportunities:
機會：
Culp is restructuring to optimize operations and reduce fixed costs, expected to generate $10-11 million in annualized savings, aiming to return to profitability in the second half of fiscal '25 without a change in market demand.
Continued emphasis on innovation and new product placements across business segments to drive future growth.
卡爾普紡織正在進行重組以優化業務並降低固定成本，預計可產生每年1000-1100萬美元的節省，並旨在在第25財年下半年無需改變市場需求而實現盈利能力。
不斷注重創新和業務領域的新產品推廣以推動未來的增長。
Risks:
風險：
Lower demand in residential and consumer discretionary markets impacting sales and operating efficiencies.
The necessity to adapt quickly and effectively to the ongoing macroeconomic pressures and industry demands as part of the restructuring efforts.
住宅和消費者自由支配市場需求下降正在影響銷售和運營效率。
應快速有效地適應正在進行的宏觀經濟壓力和行業需求，作爲重組努力的一部分。
More details: Culp Inc IR
更多詳情：卡爾普紡織IR
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。