Restructuring, options charges boost Culp loss

Andrews, Susan M.
March 2007
Furniture/Today;3/12/2007, Vol. 31 Issue 27, p106
Trade Publication
The article reports that fabric supplier Culp Inc. has posted a loss of $2.2 million for the third quarter and $1,3 million for the first nine months of the present fiscal year. The sales of its upholstery fabric segment was down by 18 percent to $31.3 percent. The sales of mattress ticking department increased by 7.6 percent in the third quarter.


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