Culp (CFI) Reports Mixed Q1 Earnings; Guides Q2
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Culp, Inc. (NYSE: CFI) reports Q1 EPS of $0.08, ex-items, 4 cents lower than the analyst estimate of $0.12. Revenues for the quarter were $59.3 million, versus the consensus of $56.35 million.
Sees Q2 EPS in the range of $0.06-$0.10, versus the consensus of $0.13.
Culp, Inc. engages in the manufacture and marketing of upholstery fabrics and mattress fabrics primarily for the furniture and bedding industries, in the United States, North America, Asia, and the Far East.
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