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2023-03-01 16:47:19 CULP Culp, Inc. $5.50 / -0.11 (-1.96%) 16:47 03/01/23 03/01 16:47 03/01/23 16:47	Culp, Inc. sees Q4 operating loss lower than the $7.8M in Q3 Due to the continued volatility in the macro environment, the company is providing only limited sequential financial guidance for the fourth quarter of fiscal 2023. The company's consolidated net sales for the fourth quarter are expected to be moderately higher as compared to the $52.5M in net sales for the third quarter of fiscal 2023, driven largely by strong improvement in the mattress fabrics segment and comparable performance in the upholstery fabrics segment. The company expects a consolidated operating loss for the fourth quarter of fiscal 2023 that is meaningfully lower than the $(7.8M) operating loss for the third quarter of fiscal 2023. The company also expects its cash position as of the end of the fourth quarter of fiscal 2023 to remain comparable to the $14.6 million at the end of fiscal 2022.	02 Mar

2023-03-01 16:47:19

CULP

Culp, Inc.

$5.50 / -0.11 (-1.96%)

16:47

03/01/23

03/01

16:47

03/01/23

16:47

Culp, Inc. sees Q4 operating loss lower than the $7.8M in Q3

Due to the continued volatility in the macro environment, the company is providing only limited sequential financial guidance for the fourth quarter of fiscal 2023. The company's consolidated net sales for the fourth quarter are expected to be moderately higher as compared to the $52.5M in net sales for the third quarter of fiscal 2023, driven largely by strong improvement in the mattress fabrics segment and comparable performance in the upholstery fabrics segment. The company expects a consolidated operating loss for the fourth quarter of fiscal 2023 that is meaningfully lower than the $(7.8M) operating loss for the third quarter of fiscal 2023. The company also expects its cash position as of the end of the fourth quarter of fiscal 2023 to remain comparable to the $14.6 million at the end of fiscal 2022.

02
Mar

OTHER BREAKING NEWS FROM THE FLY

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Technical Analysis	NYSE market internals summary » 10:16 03/28/23 03/28 10:16 03/28/23 10:16 $NYE NYSE Market Internals / + Volume is average for… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial ShowHide Related Items >><< Technical Analysis $NYE NYSE Market Internals / + 03/27/23 NYSE market internals summary 03/27/23 NYSE market internals summary 03/27/23 NYSE market internals summary 03/27/23 NYSE market internals summary
General news	U.S. consumer confidence rose 0.8 ticks to 104.2 in March » 10:15 03/28/23 03/28 10:15 03/28/23 10:15 $ECON Economic Data / + U.S. consumer confidence… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial ShowHide Related Items >><< Company News Street Research Periodicals On The Fly Technical Analysis $ECON Economic Data / + 03/22/23 Senators Scott, Warren unveil bipartisan Fed oversight legislation 03/01/23 Einhorn says investors should be 'bearish on stocks and bullish on inflation' $ECON Economic Data / + $ECON Economic Data / + 03/08/23 Biden to propose 25% billionaire tax, Bloomberg says 03/08/23 Biden to propose 25% billionaire tax, Bloomberg says 03/07/23 Powell tells Congress data from January partly reversed softening trends 01/30/23 Fed likely to raise funds rate benchmark by quarter percentage point, WSJ says $ECON Economic Data / + 03/22/23 What You Missed On Wall Street On Wednesday 03/21/23 What You Missed On Wall Street On Tuesday 03/21/23 What You Missed On Wall Street This Morning 03/08/23 What You Missed On Wall Street On Wednesday $ECON Economic Data / + 03/22/23 Fed says 'additional policy firming may be appropriate'
Options	Barclays put volume heavy and directionally bearish » 10:15 03/28/23 03/28 10:15 03/28/23 10:15 BCS Barclays $6.70 / -0.05 (-0.74%) Bearish flow noted in… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial ShowHide Related Items >><< Company News Street Research Earnings Periodicals On The Fly Options BCS Barclays $6.70 / -0.05 (-0.74%) 03/20/23 Bank of England issues statement, says U.K. banking system 'safe and sound' 02/15/23 Barclays falls -9.2% 02/15/23 Barclays targeting RoTE of greater than 10% in 2023 01/24/23 Barclays appoints new co-heads of Investment Banking BCS Barclays $6.70 / -0.05 (-0.74%) 02/27/23 JPMorgan Barclays price target raised to 240 GBp from 230 GBp at JPMorgan 02/21/23 JPMorgan Barclays price target raised to 230 GBp from 220 GBp at JPMorgan 02/21/23 AlphaValue/Baader Barclays upgraded to Buy from Reduce at AlphaValue/Baader 02/16/23 Credit Suisse Barclays price target lowered to 240 GBp from 250 GBp at Credit Suisse BCS Barclays $6.70 / -0.05 (-0.74%) 02/15/23 Barclays reports Q4 EPS 6.5p vs. 6.4p last year 10/26/22 Barclays reports Q3 EPS 24.2p vs. 30p last year BCS Barclays $6.70 / -0.05 (-0.74%) 03/03/23 Barclays CEO in remission from cancer, Financial News reports 02/17/23 Goldman pulls out of talks to launch co-branded card for T-Mobile US, WSJ says 02/14/23 Barclays pulling back from instant consumer credit, The Times reports 01/17/23 Lottomatica picks banks for potential IPO, Reuters reports BCS Barclays $6.70 / -0.05 (-0.74%) 02/15/23 What You Missed On Wall Street On Wednesday 02/15/23 What You Missed On Wall Street This Morning 11/09/22 What You Missed On Wall Street On Wednesday 11/09/22 What You Missed On Wall Street This Morning BCS Barclays $6.70 / -0.05 (-0.74%) 10/13/22 Barclays call volume above normal and directionally bullish 09/29/22 Barclays call volume above normal and directionally bullish
Recommendations	Stifel updates quarterly sales projection for Conmed to reflect headwinds » 10:13 03/28/23 03/28 10:13 03/28/23 10:13 CNMD Conmed $100.38 / -1.15 (-1.13%) Stifel analyst Rick Wise… Story temporarily locked. To read stories as they happen please subscribe, Login above, or return tomorrow Get Free Trial ShowHide Related Items >><< Company News Street Research Earnings On The Fly Events CNMD Conmed $100.38 / -1.15 (-1.13%) 02/02/23 Conmed: Results impacted by implementation of warehouse management system CNMD Conmed $100.38 / -1.15 (-1.13%) 03/27/23 KeyBanc Conmed upgraded to Overweight from Sector Weight at KeyBanc 03/21/23 Wells Fargo Conmed initiated with an Equal Weight at Wells Fargo 02/03/23 Needham Conmed price target raised to $122 from $106 at Needham 02/03/23 Piper Sandler Conmed price target raised to $118 from $108 at Piper Sandler CNMD Conmed $100.38 / -1.15 (-1.13%) 02/02/23 Conmed sees FY23 adjusted EPS $3.20-$3.45, consensus $3.37 02/02/23 Conmed reports Q4 EPS 86c, consensus 90c 11/15/22 Conmed sees FY23 EPS $3.20-$3.50 , consensus $3.39 11/15/22 Conmed withdraws previously issued FY22 guidance CNMD Conmed $100.38 / -1.15 (-1.13%) 02/02/23 Fly Intel: After-Hours Movers 10/26/22 Fly Intel: After-Hours Movers 05/24/23 CONMED Corporation
Hot Stocks	Biomea Fusion trading resumes 10:09 03/28/23 03/28 10:09 03/28/23 10:09 BMEA Biomea Fusion $22.95 / +7.48 (+48.35%) ShowHide Related Items >><< Company News Street Research Earnings BMEA Biomea Fusion $22.95 / +7.48 (+48.35%) 10:04 Today Biomea Fusion trading halted, volatility trading pause 08:14 Today Biomea Fusion announces data from ongoing Phase II study of BMF-219 01/17/23 Biomea Fusion doses first patient in COVALENT-102 trial of BMF-219 01/09/23 Biomea Fusion highlights 2023 corporate milestones BMEA Biomea Fusion $22.95 / +7.48 (+48.35%) 02/24/23 Citi Biomea Fusion initiated with a Buy at Citi 10/31/22 H.C. Wainwright Biomea Fusion price target raised to $37 from $16 at H.C. Wainwright 06/02/22 H.C. Wainwright Biomea Fusion assumed with a Buy at H.C. Wainwright 05/27/22 Piper Sandler Biomea Fusion price target lowered to $16 from $25 at Piper Sandler BMEA Biomea Fusion $22.95 / +7.48 (+48.35%) 11/07/22 Biomea Fusion reports Q3 EPS (78c), consensus (65c)

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Mon	YGF X YGF YanGuFang IPO Managers: EF Hutton Priced at: $4.00 2M Shares ZJYL X ZJYL Jin Medical IPO Managers: Prime Number Priced at: $8.00 1M Shares
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