CULP Q4 2022 Earnings — Culp, Inc. Revenue & Financial Results | Market Cap Arena

CULPCulp, Inc.

$41M

Q4 2022 Earnings

Consumer Cyclical Apparel - Manufacturers

Income Statement

Revenue

$61M+7.9% YoY

Gross Profit

$7M11.2% margin

Operating Income

-$4M-6.6% margin

Net Income

-$5M-7.6% margin

EPS (Diluted)

$-0.38

QoQ Revenue Growth

+17.0%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$3M

Stock-Based Comp.

$258,000

Balance Sheet

Total Assets

$152M

Total Liabilities

$63M

Stockholders' Equity

$89M

Cash & Equivalents

$21M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$61M	$57M	+7.9%
Gross Profit	$7M	$4M	+83.3%
Operating Income	-$4M	-$5M	+25.2%
Net Income	-$5M	-$6M	+22.3%

Revenue Segments

Upholstery Fabrics

$31M50%

Mattress Fabrics

$31M50%