Culp Says Q3 Consolidated Net Sales Are Expected To Be Sequentially Comparable To Q2 Of Fiscal 2024 And Moderately Higher As Compared To The Q3 Of Fiscal 2023
Portfolio Pulse from Benzinga Newsdesk
Culp Inc. anticipates Q3 consolidated net sales to be similar to Q2 of fiscal 2024 and moderately higher than Q3 of fiscal 2023.
December 04, 2023 | 9:19 pm
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Culp Inc. expects Q3 consolidated net sales to be comparable to the previous quarter and show moderate year-over-year growth.
The expectation of comparable sales to the previous quarter suggests stability, while moderate year-over-year growth is a positive sign for investors, potentially leading to a positive short-term impact on the stock price.
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