Culp(CULP) - 2025 Q1 - Quarterly Results
Culp(CULP)2024-09-04 20:58
Exhibit 99.1 CULP ANNOUNCES RESULTS FOR FIRST QUARTER FISCAL 2025, HIGHLIGHTED BY A 14.2% SEQUENTIAL INCREASE IN SALES AND STABLE CASH POSITION; PROVIDES UPDATE ON RESTRUCTURING AND IMPROVED FINANCIAL OUTLOOK HIGH POINT, N.C. (September 4, 2024) ─ Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, "CULP") today reported financial and operating results for the first quarter ended July 28, 2024. Fiscal 2025 First Quarter Financial Highlights ▪ Consolidated net sales of $56.5 million - up 14 ...