CULP Q2 2022 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q2 2022 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$58M-21.7% YoY

Gross Profit

-$2M-3.8% margin

Operating Income

-$12M-20.4% margin

Net Income

-$12M-20.9% margin

EPS (Diluted)

$-0.99

QoQ Revenue Growth

-6.7%

Cash Flow

Operating Cash Flow

$858,000

Free Cash Flow

$518,000

Stock-Based Comp.

$313,000

Balance Sheet

Total Assets

$162M

Total Liabilities

$60M

Stockholders' Equity

$102M

Cash & Equivalents

$19M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$58M	$75M	-21.7%
Gross Profit	-$2M	$11M	-120.6%
Operating Income	-$12M	$2M	-827.5%
Net Income	-$12M	$851,000	-1530.4%