Culp announces results for first quarter fiscal 2025, highlighted by a 14.2% sequential increase in sales and stable cash position

High point, n.c.--(business wire)--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 14.2% compared sequentially to last quarter - sequentially, upholstery fabrics segment sales up 19.7% and inventory down 4.6%, mattress fabrics segment sales up 9.0% and inventory down 8.6% year-over-year.
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