Culp, Inc. (CULP) reported mixed results for the fourth-quarter fiscal 2024 (ended Apr 28). Its adjusted loss was narrower than the Zacks Consensus Estimate while the net sales marginally missed the same. On a year- over-year basis, net sales declined and the adjusted loss widened. The quarterly results reflect softness in industry demand for both the company’s reportable businesses due to ongoing macroeconomic headwinds and the timing of orders, due to many larger customers experiencing prolonged condition ...