Culp Announces Results for Fourth Quarter and Fiscal 2022; Company Takes Steps to Enhance Liquidity

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Go back to Culp Announces Results for Fourth Quarter and Fiscal 2022; Company Takes Steps to Enhance Liquidity

Culp, Inc. (CULP) Misses Q4 EPS by 14c, Suspends Dividend

June 29, 2022 4:43 PM EDT

Culp, Inc. (NYSE: CULP) reported Q4 EPS of ($0.49), $0.14 worse than the analyst estimate of ($0.35). Revenue for the quarter came in at $56.94 million versus the consensus estimate of $52.49 million.

To preserve liquidity and support future growth opportunities, the companys Board of... More