Culp says expects to record net non-cash charge in range of about $3.0 mln to $5.0 mln during q1 of fiscal 2021

Culp announces improved profitability and liquidity expectations for first quarter fiscal 2021 and anticipated impact of final gilti tax regulations.culp inc - now expects to report pre-tax income (gaap) in range of $1.3 million to $1.8 million for q1.culp inc - expects to record net non-cash charge in range of about $3.0 million to $5.0 million during q1 of fiscal 2021.
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