Culp, Inc. (CFI) Reports In-Line Q4 EPS
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Culp Announces Results for Fourth Quarter and Fiscal 2016
June 15, 2016 4:15 PM EDTCompany Announces Special Cash Dividend of $0.21 Per Share and Board of Directors Authorizes Additional Share Repurchases
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 1, 2016.
Fiscal 2016 Full Year Highlights
Net sales were $312.9 million, up 1.0 percent from fiscal 2015, representing the seventh consecutive year of overall annual sales growth, with mattress fabric sales up 3.7 percent, a record year, and upholstery fabric sales down 3.1 percent over... More