Culp, Inc. (CULP) Misses Q3 EPS by 10c

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Go back to Culp, Inc. (CULP) Misses Q3 EPS by 10c

Culp Announces Results for Third Quarter Fiscal 2022

March 2, 2022 4:15 PM EST

HIGH POINT, N.C.--(BUSINESS WIRE)-- Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, CULP) today reported financial and operating results for the third quarter ended January 30, 2022.

Fiscal 2022 Third Quarter Financial Summary

Net sales were $80.3 million, up 1.2 percent over the prior-year period, with mattress fabrics sales down 0.4 percent and upholstery fabrics sales up 2.7 percent compared with the third quarter of last year. Income from operations (operating income) was near expectations at $1.1 million, as compared with income from operations of $4.0 million for the prior-year... More