CULP Q1 2024 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q1 2024 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$57M-0.2% YoY

Gross Profit

$5M9.0% margin

Operating Income

-$7M-12.1% margin

Net Income

-$7M-12.8% margin

EPS (Diluted)

$-0.58

QoQ Revenue Growth

+14.2%

Cash Flow

Operating Cash Flow

-$206,000

Free Cash Flow

-$707,000

Stock-Based Comp.

$176,000

Balance Sheet

Total Assets

$129M

Total Liabilities

$60M

Stockholders' Equity

$69M

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$57M	$57M	-0.2%
Gross Profit	$5M	$7M	-28.4%
Operating Income	-$7M	-$3M	-122.3%
Net Income	-$7M	-$3M	-117.3%