CULP Q1 2023 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q1 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$57M-9.5% YoY

Gross Profit

$7M12.5% margin

Operating Income

-$3M-5.4% margin

Net Income

-$3M-5.9% margin

EPS (Diluted)

$-0.27

QoQ Revenue Growth

-7.8%

Cash Flow

Operating Cash Flow

-$4M

Free Cash Flow

-$5M

Stock-Based Comp.

$322,000

Balance Sheet

Total Assets

$143M

Total Liabilities

$57M

Stockholders' Equity

$86M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$57M	$63M	-9.5%
Gross Profit	$7M	$4M	+71.6%
Operating Income	-$3M	-$5M	+35.0%
Net Income	-$3M	-$6M	+41.4%