CULP Q2 2023 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q2 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$59M+0.6% YoY

Gross Profit

$8M13.5% margin

Operating Income

-$2M-3.8% margin

Net Income

-$2M-4.1% margin

EPS (Diluted)

$-0.19

QoQ Revenue Growth

+3.6%

Cash Flow

Operating Cash Flow

-$41,000

Free Cash Flow

-$2M

Stock-Based Comp.

$163,000

Balance Sheet

Total Assets

$142M

Total Liabilities

$59M

Stockholders' Equity

$84M

Cash & Equivalents

$15M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$59M	$58M	+0.6%
Gross Profit	$8M	-$2M	+459.2%
Operating Income	-$2M	-$12M	+81.2%
Net Income	-$2M	-$12M	+80.1%