Culp Announces Results for Fourth Quarter and Fiscal 2023, Ends Year With Quarterly Sales and Operating Improvement and Higher Cash Position

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Culp, Inc. (CULP) Tops Q4 EPS by 10c

June 28, 2023 4:16 PM EDT

Culp, Inc. (NYSE: CULP) reported Q4 EPS of ($0.38), $0.10 better than the analyst estimate of ($0.48). Revenue for the quarter came in at $61.4 million versus the consensus estimate of $55.88 million.

Financial Outlook:

CULP achieved sequential and year-over-year improvement in its operating results for the fourth quarter of fiscal 2023 and remains well-positioned for the long... More