Culp Inc. Sees Income Rise, Sales Decline in Fiscal 2017 Second Quarter

Culp Inc. Sees Income Rise, Sales Decline in Fiscal 2017 Second Quarter

In its fiscal 2017 second quarter, textile and sewn-cover supplier Culp Inc. reported net income (using generally accepted accounting principles) of $4.5 million, an 18% increase compared with the same quarter of fiscal 2016. Earnings per diluted share were $0.36, compared with $0.30 in the prior-year quarter. The High Point, North Carolina-based company reported non-GAAP […]

All Sewn Up: Zippered Mattress Covers in Designer Looks

All Sewn Up: Zippered Mattress Covers in Designer Looks

BY JULIE A. PALM More mattress makers select tailor-made covers to adorn today’s beds Once a sleepy segment of the mattress industry, the cut-and-sew business today is fiercely competitive, with long-time players expanding their capabilities to produce sewn mattress covers and fabric suppliers moving in to offer their customers the value-added service. Companies are reporting […]