CULP Q3 2020 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q3 2020 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$79M+10.2% YoY

Gross Profit

$14M17.5% margin

Operating Income

$4M5.1% margin

Net Income

$2M2.6% margin

EPS (Diluted)

$0.17

QoQ Revenue Growth

+3.2%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$3M

Stock-Based Comp.

$292,000

Balance Sheet

Total Assets

$212M

Total Liabilities

$84M

Stockholders' Equity

$128M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$79M	$72M	+10.2%
Gross Profit	$14M	$12M	+12.0%
Operating Income	$4M	-$5M	+179.3%
Net Income	$2M	-$58,000	+3689.7%

Revenue Segments

Upholstery Fabrics

$41M51%

Mattress Fabrics

$39M49%