TITLE

Culp 2Q sales increase 9%

AUTHOR(S)
Thomas, Larry
PUB. DATE
December 2007
SOURCE
Furniture/Today;12/3/2007, Vol. 32 Issue 13, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
28526358

 

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