CULP Q2 2020 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q2 2020 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$77M+5.8% YoY

Gross Profit

$14M18.6% margin

Operating Income

$4M5.1% margin

Net Income

$2M3.1% margin

EPS (Diluted)

$0.19

QoQ Revenue Growth

+19.2%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$11M

Stock-Based Comp.

$348,000

Balance Sheet

Total Assets

$203M

Total Liabilities

$76M

Stockholders' Equity

$127M

Cash & Equivalents

$45M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$77M	$73M	+5.8%
Gross Profit	$14M	$14M	+1.1%
Operating Income	$4M	$4M	-2.2%
Net Income	$2M	$2M	+3.7%

Revenue Segments

Mattress Fabrics

$40M52%

Upholstery Fabrics

$37M48%