Culp Announces Results for First Quarter Fiscal 2018
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/25/2026
- S&P 500, Nasdaq drop as tech megacap declines outweigh upbeat Micron forecast
- Micron posts record profit as AI memory demand fuels explosive growth
- Brent settles at lowest since before start of Iran war as more tankers exit Hormuz
- IBM surges on unveiling sub-1nm chip technology breakthrough
- 'Long-term deals significant positive for stock:' Analysts react to Micron results
Culp, Inc. (CULP) Reports Q1 EPS of $0.40; Company Signs Letter of Intent for China Mattress Fabrics Acquisition
August 30, 2017 4:29 PM EDTCulp, Inc. (NYSE: CULP) reported Q1 EPS of $0.40, versus $0.43 reported last year. Revenue for the quarter came in at $79.5 million, versus $80.7 million reported last year.
Financial Outlook
The projection for the second quarter of fiscal 2018 is for overall sales to be comparable to the same period last year. Pre-tax income is expected to be in the range of $5.4 million to $6.1 million. Pre-tax income for the second quarter of fiscal 2017 was $7.2 million.
The companys... More
