CULP Q3 2023 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q3 2023 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$60M+15.0% YoY

Gross Profit

$8M12.7% margin

Operating Income

-$2M-2.9% margin

Net Income

-$3M-5.3% margin

EPS (Diluted)

$-0.26

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

-$1M

Free Cash Flow

-$3M

Stock-Based Comp.

$262,000

Balance Sheet

Total Assets

$142M

Total Liabilities

$61M

Stockholders' Equity

$81M

Cash & Equivalents

$13M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$60M	$53M	+15.0%
Gross Profit	$8M	$2M	+268.0%
Operating Income	-$2M	-$8M	+77.6%
Net Income	-$3M	-$9M	+64.5%