Culp Announces Results for Q4th & Fiscal 2010

June 17, 2010 at 1:41 pm Leave a comment

Culp, Inc. reported financial and operating results for the fourth quarter and fiscal year ended May 2, 2010.

Overview

For the three months ended May 2, 2010, net sales were $57.2 million, a 20 percent increase compared with $47.8 million a year ago. The company reported net income of $5.4 million, or $0.41 per diluted share, for the fourth quarter of fiscal 2010, compared with net income of $1.7 million, or $0.13 per diluted share, for the fourth quarter of fiscal 2009. Net sales for fiscal 2010 were $206.4 million, compared with net sales of $203.9 mill…

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Source Link : Fibashion.com

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