CULP Q2 2021 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q2 2021 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$75M-3.0% YoY

Gross Profit

$11M14.4% margin

Operating Income

$2M2.2% margin

Net Income

$851,0001.1% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

-10.2%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$5M

Stock-Based Comp.

$435,000

Balance Sheet

Total Assets

$209M

Total Liabilities

$81M

Stockholders' Equity

$128M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$75M	$77M	-3.0%
Gross Profit	$11M	$14M	-24.8%
Operating Income	$2M	$4M	-57.9%
Net Income	$851,000	$2M	-64.3%

Revenue Segments

Mattress Fabrics

$41M55%

Upholstery Fabrics

$34M45%