CULP Q1 2021 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q1 2021 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$83M+28.8% YoY

Gross Profit

$12M15.1% margin

Operating Income

$3M4.0% margin

Net Income

$2M2.7% margin

EPS (Diluted)

$0.18

QoQ Revenue Growth

+5.0%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

-$382,000

Stock-Based Comp.

$274,000

Balance Sheet

Total Assets

$212M

Total Liabilities

$83M

Stockholders' Equity

$130M

Cash & Equivalents

$26M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$83M	$64M	+28.8%
Gross Profit	$12M	$10M	+26.2%
Operating Income	$3M	$2M	+76.2%
Net Income	$2M	-$3M	+182.3%

Revenue Segments

Mattress Fabrics

$43M52%

Upholstery Fabrics

$40M48%