HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CFI), today announced the change of its NYSE ticker symbol from “CFI” to “CULP”, effective at the start of trading on Thursday, July 13, 2017.
“We are pleased to align our new ticker symbol with our corporate name to allow for consistent brand recognition among all of our stakeholders,” said Frank Saxon, president and chief executive officer of Culp, Inc. “The Culp name is well recognized in the marketplace as a trusted source of innovative fabrics and this change reinforces our commitment to delivering value for both our customers and our shareholders.”
Culp, Inc. is one of the world's largest marketers of mattress fabrics for bedding and upholstery fabrics for residential and commercial furniture. The company markets a variety of fabrics to its global customer base of leading bedding and furniture companies, including fabrics produced at Culp’s manufacturing facilities and fabrics sourced through other suppliers. Culp has operations located in the United States, Canada and China.