Culp, Inc. (CFI) Tops Q4 EPS by 4c

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Culp Announces Results for Fourth Quarter and Fiscal 2015

June 18, 2015 4:05 PM EDT

Company Announces Special Cash Dividend of $0.40 Per Share

HIGH POINT, N.C.--(BUSINESS WIRE)-- Culp, Inc. (NYSE: CFI) today reported financial and operating results for the fourth quarter and fiscal year ended May 3, 2015.

Fiscal 2015 Full Year Highlights

Net sales were $310.2 million, up 8.0 percent from fiscal 2014, representing the sixth consecutive year of overall annual sales growth, or a 7.2 percent CAGR over the six-year period, with mattress fabrics segment sales up 11.8 percent, a record year, and upholstery fabrics segment sales up 3.1 percent over the prior year.... More