Culp Announces Results for Second Quarter Fiscal 2021

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Go back to Culp Announces Results for Second Quarter Fiscal 2021

Culp, Inc. (CULP) Tops Q2 EPS by 5c

December 3, 2020 4:21 PM EST

Culp, Inc. (NYSE: CULP) reported Q2 EPS of $0.19, $0.05 better than the analyst estimate of $0.14. Revenue for the quarter came in at $76.9 million versus the consensus estimate of $68.78 million.

Financial Outlook

Due to the continued economic impact of the COVID-19 pandemic and the lack of visibility as to its duration, the company is providing only limited financial guidance for fiscal 2021 at this time.Although subject to unforeseen changes that may arise in connection with the pandemic, the company is encouraged by the ongoing execution of its product-driven strategy and continued strength... More