Culp, Inc. (CULP) Tops Q2 EPS by 2c, Revenues Beat

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Go back to Culp, Inc. (CULP) Tops Q2 EPS by 2c, Revenues Beat

Culp Announces Results for Second Quarter Fiscal 2019

November 29, 2018 4:15 PM EST

Board of Directors Authorizes Increase in Quarterly Cash Dividend from $0.09 to $0.10 Per Share

HIGH POINT, N.C.--(BUSINESS WIRE)-- Culp, Inc. (NYSE: CULP) today reported financial and operating resultsfor the second quarter and six months ended October 28, 2018.

Fiscal 2019 Second Quarter Highlights

Net sales were $77.0 million, down 4.6 percent over the prior year, with mattress fabrics segment sales down 13.6 percent and upholstery fabrics segment sales up 9.1 percent. Pre-tax income was $4.3 million, compared with $6.2 million for the... More