CULP Q1 2020 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q1 2020 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$64M-13.9% YoY

Gross Profit

$10M15.4% margin

Operating Income

$2M2.9% margin

Net Income

-$3M-4.2% margin

EPS (Diluted)

$-0.22

QoQ Revenue Growth

+75.6%

Cash Flow

Operating Cash Flow

$11M

Free Cash Flow

$10M

Stock-Based Comp.

$126,000

Balance Sheet

Total Assets

$185M

Total Liabilities

$59M

Stockholders' Equity

$126M

Cash & Equivalents

$40M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$64M	$75M	-13.9%
Gross Profit	$10M	$13M	-25.9%
Operating Income	$2M	$3M	-30.0%
Net Income	-$3M	$1M	-304.3%

Revenue Segments

Mattress Fabrics

$36M56%

Upholstery Fabrics

$28M44%