Culp, Inc. (CULP) Tops Q2 EPS by 5c

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Go back to Culp, Inc. (CULP) Tops Q2 EPS by 5c

Culp Announces Results for Second Quarter Fiscal 2021

December 3, 2020 4:15 PM EST

Board of Directors Authorizes Five Percent Increase in Quarterly Cash Dividend on Solid Results and Strengthened Liquidity

HIGH POINT, N.C.--(BUSINESS WIRE)-- Culp, Inc. (NYSE: CULP) today reported financial and operating results for the second quarter ended November 1, 2020.

Fiscal 2021 Second Quarter Financial Summary(1)

Net sales were $76.9 million, up 10.5 percent over the prior-year period, with mattress fabric sales up 12.2 percent and upholstery fabric sales up 8.7 percent compared with the second quarter of last year. Pre-tax income from continuing... More