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Culp, Inc.

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Culp Q4 Loss widens to $0.18

Culp reported Q4 loss of $0.18 per share, missing consensus of $0.06 by $0.12. Revenue rose 5.8% YoY to $51.6 million, beating estimates of $49.5 million. Gross profit reached $6.8 million (13.2% of s