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Stock impact report

Culp Inc Reports Q4 Results [Reuters]

Culp, Inc. (CULP) 
Last culp, inc. earnings: 3/4 04:15 pm Check Earnings Report
US:NYSE Investor Relations: culpinc.gcs-web.com/investor-overview
Company Research Source: Reuters
Culp Inc (CULP.N) Key Developments | Reuters.com June 12 (Reuters) - Culp Inc ::CULP ANNOUNCES RESULTS FOR FOURTH QUARTER AND FISCAL 2019.Q4 LOSS PER SHARE $0.11.Q4 SALES $71 MILLION VERSUS REFINITIV IBES ESTIMATE OF $70.3 MILLION.Q4 EARNINGS PER SHARE ESTIMATE $0.10 -- REFINITIV IBES DATA.PROJECTION FOR Q1 FISCAL 2020 IS FOR OVERALL SALES TO BE SLIGHTLY HIGHER AS COMPARED TO Q1 OF FISCAL 2019.PRE-TAX INCOME FOR Q1 OF FISCAL 2020 IS EXPECTED TO BE IN RANGE OF $2.5 MILLION TO $3.2 MILLION."FACED A NUMBER OF SIGNIFICANT CHALLENGES" IN Q4, "PRIMARILY RELATED TO GLOBAL TRADE DISRUPTION AND AN OVERALL WEAKER RETAIL ENVIRONMENT".CAPITAL EXPENDITURES FOR FISCAL 2020 ARE EXPECTED TO BE IN $6.5 MILLION TO $7.0 MILLION RANGE. Reuters, the news and media division of Thomson Reuters , is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thom Show less Read more
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