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Culp Inc. (CULP) Dropped To A 7-Month Low After Q4 Report

Culp Inc. (CULP) reported fourth quarter adjusted EPS of $0.37 after the bell Wednesday, with net sales of $78.2 million.

Culp gapped open sharply lower Thursday, but was range-bound throughout the session. The stock closed down by 4.50 at $26.25 on the highest volume of the year. Culp tumbled to a 7-month low.

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