Culp 2Q sales increase 9%

Thomas, Larry
December 2007
Furniture/Today;12/3/2007, Vol. 32 Issue 13, p1
Trade Publication
The article reports on the financial performance of fabric producer Culp Inc. for the second quarter of 2007. Culp's sales rose 9% as net income nearly doubled. The acquisition of ITG's mattress fabric lines contributed the increase. The sales for the quarter ended October 28 totaled $64.3 million. The company's net income was $1.6 million, or 12 cents per share.


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