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Culp CEO pleased with fourth quarter performance
17 Jun '11
4 min read
“Overall, our solid performance reflects the benefits of a lean and agile global operating platform and a strong competitive position in both businesses. Our financial position continues to be the strongest in the company's history. This represents an important competitive advantage in these highly uncertain times, and provides us not only with greater flexibility to pursue our growth initiatives, but also an opportunity to enhance shareholder value through the share repurchase program announced. Above all, Culp represents a stable and trusted supplier for our customers with a proven ability to execute."
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