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Culp Inc  (CFI)
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    Sector  Capital Goods    Industry Miscellaneous Manufacturing


Profit Growth Continues to Advance

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Culp Inc announced forth quarter 2017 operating income of $7.171 millions

Company delivered strong earnings growth on slow Sales increase in the forth quarter 2017, where earnings jumped by 68.18 % at $0.49 per share, Sales grew modestly by 0.13 % to $77 millions from the same quarter a year ago.

In comparison to previous quarter eps decreased by -4.1 % from $0.51 per share and Sales increased by 1.55 % from $76 millions.

Net income of $6 millions in the forth quarter 2017 increased by 72.15 % from net earnings of $4 millions reported in the forth quarter 2017 a year ago. Although operating margin fell to 9.27%, in the forth quarter 2017, the company's net margin actually improved to 8.01%.
Looking into financial results for the fiscal year 2017, Culp Inc reported Sales of $310 millions and net income of $22 millions.

Miscellaneous Manufacturing Company explained also, that Earnings per share grew by 30.88 % to $1.78 per share from $1.36 in the previous fiscal year, while Sales decreased by -1.06 % from $313 millions a year ago.

Culp Inc is expected to report next financial results on September 11, 2017.
Other CFI's Earnings Reports

Culp Inc reported third quarter 2016 earnings

Culp Inc reported second quarter 2016 earnings

Culp Inc reported first quarter 2016 earnings

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