Home breadcru News breadcru Company breadcru Culp Inc reports $1.1mn income in Q1

Culp Inc reports $1.1mn income in Q1

23 Sep '06
1 min read

For the three months ended July 30, 2006, net sales were $62.6 million compared with $62.3 million a year ago. The company reported net income of $132,000, or $0.01 per diluted share, for the first quarter of fiscal 2007, compared with a net loss of $3.9 million, or $0.34 per diluted share, for the first quarter of fiscal 2006. The financial results for the first quarter of fiscal 2007 included $985,000, or $0.08 per diluted share, in restructuring and related charges, after taxes.

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Culp Inc

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