CULP Q1 2018 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q1 2018 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$71M-10.1% YoY

Gross Profit

$11M14.8% margin

Operating Income

$2M2.9% margin

Net Income

$957,0001.3% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

-8.6%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$3M

Stock-Based Comp.

-$501,000

Balance Sheet

Total Assets

$226M

Total Liabilities

$60M

Stockholders' Equity

$161M

Cash & Equivalents

$9M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$71M	$80M	-10.1%
Gross Profit	$11M	$16M	-35.9%
Operating Income	$2M	$7M	-70.2%
Net Income	$957,000	$5M	-80.8%

Revenue Segments

Mattress Fabrics

$37M52%

Upholstery Fabrics

$34M48%