Culp announces results for first quarter fiscal 2024, with better-than-expected operating improvement and continued solid financial 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 30, 2023. fiscal 2024 first quarter financial summary net sales for the first quarter of fiscal 2024 were $56.7 million, down 9.5 percent compared with the prior-year period, with mattress fabrics sales flat, down 0.5 percent (a solid performance in the face of industry softness), and upholstery fabrics s.
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