Culp reports year-over-year sales and profitability rise, net debt down 70%
Culp said sales and profitability grew year-over-year despite industry headwinds and one less selling week, supported by double-digit bedding growth and operational improvements. Net debt was reduced by 70% and a leadership transition is underway.
This is a real-time flash headline. A verified provider body is not available, so SquawkNews does not present it as a full article.