CULP Q1 2022 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q1 2022 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$63M-24.6% YoY

Gross Profit

$4M6.6% margin

Operating Income

-$5M-7.6% margin

Net Income

-$6M-9.1% margin

EPS (Diluted)

$-0.47

QoQ Revenue Growth

+9.9%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$5M

Stock-Based Comp.

$252,000

Balance Sheet

Total Assets

$180M

Total Liabilities

$66M

Stockholders' Equity

$114M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$63M	$83M	-24.6%
Gross Profit	$4M	$12M	-67.0%
Operating Income	-$5M	$3M	-242.8%
Net Income	-$6M	$2M	-353.3%

Revenue Segments

Upholstery Fabrics

$33M53%

Mattress Fabrics

$29M47%