CULP Q3 2022 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q3 2022 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$53M-34.6% YoY

Gross Profit

$2M4.0% margin

Operating Income

-$8M-14.8% margin

Net Income

-$9M-17.1% margin

EPS (Diluted)

$-0.73

QoQ Revenue Growth

-10.0%

Cash Flow

Operating Cash Flow

-$2M

Free Cash Flow

-$2M

Stock-Based Comp.

$322,000

Balance Sheet

Total Assets

$151M

Total Liabilities

$57M

Stockholders' Equity

$94M

Cash & Equivalents

$17M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$53M	$80M	-34.6%
Gross Profit	$2M	$9M	-77.0%
Operating Income	-$8M	$1M	-805.6%
Net Income	-$9M	-$289,000	-3003.1%