Water Tower Research's Budd Bugatch talks to Proactive about its recent report where it initiated coverage on Culp Inc (NYSE:CULP), a manufacturer and supplier of mattress fabrics for bedding and upholstery fabrics for residential and commercial furniture.
Bugatch says the North Carolina-based group is set to benefit from the antidumping investigation of mattress imports, which recently resulted in meaningful tariffs imported on mattresses imported from China and several other countries.