CULP Q3 2021 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q3 2021 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$80M+1.2% YoY

Gross Profit

$9M11.3% margin

Operating Income

$1M1.4% margin

Net Income

-$289,000-0.4% margin

EPS (Diluted)

$-0.02

QoQ Revenue Growth

+7.7%

Cash Flow

Operating Cash Flow

-$11M

Free Cash Flow

-$12M

Stock-Based Comp.

$171,000

Balance Sheet

Total Assets

$212M

Total Liabilities

$85M

Stockholders' Equity

$127M

Cash & Equivalents

$12M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$80M	$79M	+1.2%
Gross Profit	$9M	$14M	-34.3%
Operating Income	$1M	$4M	-72.7%
Net Income	-$289,000	$2M	-113.9%

Revenue Segments

Upholstery Fabrics

$42M52%

Mattress Fabrics

$38M48%