U.S. mattress and furniture fabric maker Culp reports second quarter earnings
Net sales for the second quarter of fiscal 2020 were $ 72.6 million, a decrease of 5.7%
Recently, American mattress and furniture fabric maker Culp, Inc. announced that its net sales for the second quarter of fiscal 2020 were $ 72.6 million, a decrease of 5.7% over the same period last year. Among them, the mattress fabric business decreased by 4.7%, the interior decoration fabric business decreased by 3.2%, and the home accessories business decreased by 31.5%.
As the North America's second largest manufacturer of bed textile products and one of the top three interior decoration market owners in North America, the Culp family was established in 1972 and listed on the New York Stock Exchange in 1997. With more than 30 years of related industry experience, it has become a trusted manufacturer for many furniture manufacturers. Culp's global business is located in the United States, Canada and China.
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