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    <pubDate>Sat, 05 Dec 2009 17:43:39 GMT</pubDate>
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      <title>Culp Poised To Rebound On Cost Cutting &amp; Debt Reduction</title>
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      <description><![CDATA[In early September, Culp Inc. (CFI) reported results for its fiscal 1Q09, which included lower net sales of $59.3M compared to $65.2M in the year-ago period, but still managed a profit per diluted share of $0.06 ($781K) versus $0.07 ($851K) in the year-ago period. Excluding restructuring charges, 1Q09 profits were $1M or $0.08 versus $1.5M or $0.12 in the year-ago period. In mid-August, Culp acquired the knitted mattress fabrics operation of Bodet &amp; Horst to provide the Company with improved supply logistics, vertical integration, and improved customer service. The acquisition was financed by $11M in unsecured<a href=http://www.istockanalyst.com/article/viewarticle/articleid/2762339>[More...]</a>]]></description>
      <pubDate>Mon, 03 Nov 2008 18:27:00 GMT</pubDate>
      <category domain="http://rss.financialcontent.com/stocksymbol">CFI</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">ETH</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">FBN</category>
      <category domain="http://rss.financialcontent.com/stocksymbol">QFAB</category>
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