See more : Matsuoka Corporation (3611.T) Income Statement Analysis – Financial Results
Complete financial analysis of Culp, Inc. (CULP) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Culp, Inc., a leading company in the Apparel – Manufacturers industry within the Consumer Cyclical sector.
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Culp, Inc. (CULP)
About Culp, Inc.
Culp, Inc. manufactures, sources, markets, and sells mattress fabrics, sewn covers, and cut and sewn kits for use in mattresses, foundations, and other bedding products in the United States, North America, the Far East, Asia, and internationally. It operates in two segments, Mattress Fabrics and Upholstery Fabrics. The Mattress Fabrics segment offers woven jacquard, knitted, and converted fabrics for use in the production of bedding products, including mattresses, box springs, foundations, and top of bed components. The Upholstery Fabrics segment provides jacquard woven fabrics, velvets, micro denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane fabrics for use in the production of residential and commercial upholstered furniture, such as sofas, recliners, chairs, loveseats, sectionals, and sofa-beds, as well as office seating and window treatment products; and installation services for customers in the hospitality and commercial industries. Culp, Inc. was founded in 1972 and is headquartered in High Point, North Carolina.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 225.33M | 234.93M | 294.84M | 299.72M | 256.17M | 296.67M | 323.73M | 309.54M | 312.86M | 310.17M | 287.16M | 268.81M | 254.44M | 216.81M | 206.42M | 203.94M | 254.05M | 250.53M | 261.10M | 286.50M | 318.12M | 339.65M | 381.88M | 409.81M | 488.08M | 483.10M | 476.70M | 398.90M | 351.70M | 308.00M | 245.00M | 200.80M | 191.30M | 174.10M | 169.50M | 176.80M | 173.00M | 180.10M | 150.70M |
| Cost of Revenue | 197.39M | 224.04M | 258.75M | 249.89M | 215.67M | 246.47M | 259.09M | 240.31M | 247.75M | 254.60M | 238.26M | 219.28M | 214.71M | 179.97M | 167.64M | 179.29M | 220.89M | 219.33M | 237.23M | 260.34M | 259.79M | 282.07M | 319.02M | 353.82M | 382.36M | 386.90M | 377.00M | 312.90M | 276.00M | 241.40M | 193.60M | 161.60M | 154.10M | 140.60M | 137.90M | 145.90M | 136.90M | 136.40M | 116.20M |
| Gross Profit | 27.94M | 10.90M | 36.09M | 49.83M | 40.50M | 50.20M | 64.63M | 69.24M | 65.11M | 55.57M | 48.91M | 49.53M | 39.73M | 36.84M | 38.78M | 24.65M | 33.16M | 31.21M | 23.87M | 26.16M | 58.32M | 57.57M | 62.86M | 55.99M | 105.72M | 96.20M | 99.70M | 86.00M | 75.70M | 66.60M | 51.40M | 39.20M | 37.20M | 33.50M | 31.60M | 30.90M | 36.10M | 43.70M | 34.50M |
| Gross Profit Ratio | 12.40% | 4.64% | 12.24% | 16.63% | 15.81% | 16.92% | 19.97% | 22.37% | 20.81% | 17.92% | 17.03% | 18.43% | 15.62% | 16.99% | 18.79% | 12.09% | 13.05% | 12.46% | 9.14% | 9.13% | 18.33% | 16.95% | 16.46% | 13.66% | 21.66% | 19.91% | 20.91% | 21.56% | 21.52% | 21.62% | 20.98% | 19.52% | 19.45% | 19.24% | 18.64% | 17.48% | 20.87% | 24.26% | 22.89% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 9.57M | 10.30M | 9.16M | 11.60M | 8.72M | 6.84M | 9.36M | 10.39M | 9.46M | 7.01M | 5.30M | 25.25M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 4.60M | 4.20M | 4.30M | 3.90M | 4.00M | 4.20M | 4.60M | 4.60M | 4.20M | 3.80M | 3.50M | 3.20M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 38.61M | 37.98M | 35.42M | 37.76M | 34.42M | 38.41M | 37.17M | 39.16M | 36.77M | 32.78M | 28.66M | 28.45M | 25.03M | 21.07M | 22.81M | 19.75M | 23.97M | 27.03M | 28.95M | 40.48M | 41.02M | 40.04M | 48.06M | 50.37M | 59.94M | 60.00M | 53.00M | 45.10M | 39.10M | 33.40M | 27.90M | 24.20M | 24.60M | 22.00M | 21.00M | 22.60M | 25.30M | 27.20M | 22.10M |
| Other Expenses | 636.00K | -443.00K | -1.36M | -2.21M | -902.00K | -1.35M | -1.02M | -681.00K | -616.00K | -391.00K | -1.26M | -583.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 21.06M | 20.10M | 16.20M | 13.50M | 13.10M | 11.90M | 8.80M | 7.00M | 7.10M | 6.40M | 5.60M | 6.00M | 5.40M | 4.80M | 3.50M |
| Operating Expenses | 39.25M | 37.98M | 35.42M | 37.76M | 34.42M | 38.41M | 37.17M | 39.16M | 36.77M | 32.78M | 28.66M | 28.45M | 25.03M | 21.07M | 22.81M | 19.75M | 23.97M | 27.03M | 28.95M | 40.48M | 41.02M | 40.04M | 48.06M | 50.37M | 80.99M | 80.10M | 69.20M | 58.60M | 52.20M | 45.30M | 36.70M | 31.20M | 31.70M | 28.40M | 26.60M | 28.60M | 30.70M | 32.00M | 25.60M |
| Cost & Expenses | 236.64M | 262.02M | 294.16M | 287.64M | 250.09M | 284.88M | 296.26M | 279.47M | 284.52M | 287.38M | 266.91M | 247.73M | 239.74M | 201.04M | 190.44M | 199.04M | 244.86M | 246.36M | 266.19M | 300.82M | 300.81M | 322.11M | 367.08M | 404.19M | 463.35M | 467.00M | 446.20M | 371.50M | 328.20M | 286.70M | 230.30M | 192.80M | 185.80M | 169.00M | 164.50M | 174.50M | 167.60M | 168.40M | 141.80M |
| Interest Income | 1.16M | 531.00K | 373.00K | 244.00K | 897.00K | 766.00K | 534.00K | 299.00K | 176.00K | 622.00K | 482.00K | 419.00K | 508.00K | 240.00K | 116.00K | 89.00K | 0.00 | 0.00 | 0.00 | 134.00K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 0.00 | 6.17M | 17.00K | 51.00K | 106.00K | 42.00K | 94.00K | 299.00K | 176.00K | 64.00K | 427.00K | 632.00K | 780.00K | 881.00K | 1.31M | 2.36M | 5.97M | 10.78M | 25.70M | 3.71M | 7.90M | 57.76M | 34.15M | 26.99M | 12.60M | 14.00M | 10.30M | 7.10M | 7.10M | 6.80M | 3.00M | 1.40M | 1.70M | 1.20M | 1.70M | 4.40M | 0.00 | 1.90M | 1.60M |
| Depreciation & Amortization | 6.91M | 7.28M | 7.55M | 7.31M | 8.12M | 8.58M | 8.02M | 7.33M | 6.84M | 5.96M | 5.48M | 5.35M | 5.11M | 4.81M | 4.56M | 7.20M | 5.92M | 8.00M | 14.46M | 19.01M | 13.82M | 14.45M | 18.99M | 21.34M | 21.06M | 20.10M | 16.20M | 13.50M | 13.10M | 11.90M | 8.80M | 7.00M | 7.10M | 6.40M | 5.60M | 6.00M | 5.40M | 4.80M | 3.50M |
| EBITDA | -3.85M | -21.11M | 7.25M | 19.42M | 551.00K | 24.44M | 35.00M | 37.41M | 34.74M | 28.98M | 24.95M | 26.27M | 20.09M | 20.76M | 20.19M | 2.68M | 13.74M | 8.78M | 9.37M | 1.49M | 32.49M | 31.98M | 32.40M | 25.57M | 46.04M | 36.20M | 46.70M | 40.90M | 36.60M | 33.20M | 23.50M | 15.00M | 12.60M | 11.50M | 10.60M | 8.30M | 10.80M | 16.50M | 12.40M |
| EBITDA Ratio | -1.71% | -8.39% | 2.46% | 5.81% | 5.68% | 6.78% | 10.81% | 12.08% | 11.10% | 9.34% | 8.69% | 9.77% | 7.99% | 9.61% | 10.00% | 5.98% | 6.59% | 6.30% | 7.77% | 5.44% | 10.21% | 13.47% | 12.31% | 8.77% | 9.70% | 7.95% | 10.13% | 10.55% | 10.66% | 11.10% | 9.71% | 7.47% | 6.69% | 6.49% | 6.43% | 5.09% | 5.32% | 9.33% | 8.29% |
| Operating Income | -11.31M | -27.08M | -308.00K | 10.11M | 6.07M | 12.62M | 27.46M | 30.08M | 28.34M | 22.79M | 20.25M | 21.09M | 14.71M | 15.74M | 16.34M | -4.57M | 8.30M | 641.00K | -15.36M | -24.70M | 18.35M | 4.55M | 4.43M | -4.00K | 24.73M | 16.10M | 30.50M | 27.40M | 23.50M | 21.30M | 14.70M | 8.00M | 5.50M | 5.10M | 5.00M | 2.30M | 5.40M | 11.70M | 8.90M |
| Operating Income Ratio | -5.02% | -11.53% | -0.10% | 3.37% | 2.37% | 4.25% | 8.48% | 9.72% | 9.06% | 7.35% | 7.05% | 7.84% | 5.78% | 7.26% | 7.92% | -2.24% | 3.27% | 0.26% | -5.88% | -8.62% | 5.77% | 1.34% | 1.16% | 0.00% | 5.07% | 3.33% | 6.40% | 6.87% | 6.68% | 6.92% | 6.00% | 3.98% | 2.88% | 2.93% | 2.95% | 1.30% | 3.12% | 6.50% | 5.91% |
| Total Other Income/Expenses | 538.00K | 88.00K | -1.00M | -1.20M | -13.75M | -10.00K | -578.00K | -382.00K | -440.00K | 167.00K | -1.21M | -796.00K | -508.00K | -681.00K | -2.03M | -2.31M | -3.46M | -3.64M | -4.52M | -27.27M | -7.57M | -6.85M | -10.57M | -11.01M | -11.04M | -11.80M | -8.70M | -5.90M | -6.20M | -5.80M | -2.70M | -1.40M | -1.50M | -1.40M | -2.00M | -3.70M | -900.00K | -2.10M | -1.50M |
| Income Before Tax | -10.77M | -28.39M | -325.00K | 10.88M | -7.68M | 12.00M | 26.88M | 29.70M | 27.90M | 22.96M | 19.04M | 20.29M | 14.20M | 15.06M | 14.32M | -6.88M | 4.84M | -3.00M | -19.88M | -28.79M | 10.78M | -2.29M | -6.14M | -12.41M | 13.69M | 4.30M | 21.80M | 21.50M | 17.30M | 15.50M | 12.00M | 6.60M | 4.00M | 3.70M | 3.00M | -1.40M | 4.50M | 9.60M | 7.40M |
| Income Before Tax Ratio | -4.78% | -12.08% | -0.11% | 3.63% | -3.00% | 4.04% | 8.30% | 9.59% | 8.92% | 7.40% | 6.63% | 7.55% | 5.58% | 6.95% | 6.94% | -3.38% | 1.91% | -1.20% | -7.61% | -10.05% | 3.39% | -0.68% | -1.61% | -3.03% | 2.81% | 0.89% | 4.57% | 5.39% | 4.92% | 5.03% | 4.90% | 3.29% | 2.09% | 2.13% | 1.77% | -0.79% | 2.60% | 5.33% | 4.91% |
| Income Tax Expense | 3.05M | 3.13M | 2.89M | 7.69M | 3.35M | 6.42M | 5.74M | 7.34M | 10.96M | 7.89M | 1.60M | 1.97M | 902.00K | -1.10M | 1.13M | 31.96M | -542.00K | -1.69M | -8.08M | -10.94M | 3.56M | -1.56M | -2.70M | -4.10M | 4.31M | 1.20M | 6.30M | 7.70M | 6.30M | 5.70M | 4.30M | 2.10M | 1.00M | 800.00K | 700.00K | -500.00K | 1.80M | 4.40M | 3.10M |
| Net Income | -13.82M | -31.52M | -3.21M | 3.22M | -11.03M | 5.68M | 20.88M | 22.33M | 16.94M | 15.07M | 17.45M | 18.32M | 13.30M | 16.16M | 13.19M | -38.84M | 5.39M | -1.32M | -11.80M | -17.85M | 7.22M | -24.89M | -3.44M | -8.31M | 9.38M | 3.10M | 15.50M | 13.80M | 11.00M | 9.80M | 7.70M | 4.50M | 3.00M | 2.90M | 2.30M | -900.00K | 2.70M | 5.20M | 4.30M |
| Net Income Ratio | -6.13% | -13.42% | -1.09% | 1.07% | -4.31% | 1.91% | 6.45% | 7.22% | 5.41% | 4.86% | 6.08% | 6.81% | 5.23% | 7.46% | 6.39% | -19.05% | 2.12% | -0.53% | -4.52% | -6.23% | 2.27% | -7.33% | -0.90% | -2.03% | 1.92% | 0.64% | 3.25% | 3.46% | 3.13% | 3.18% | 3.14% | 2.24% | 1.57% | 1.67% | 1.36% | -0.51% | 1.56% | 2.89% | 2.85% |
| EPS | -1.11 | -2.57 | -0.26 | 0.26 | -0.89 | 0.46 | 1.68 | 1.81 | 1.38 | 1.23 | 1.43 | 1.50 | 1.05 | 1.25 | 1.04 | -3.07 | 0.43 | -0.11 | -1.02 | -1.55 | 0.63 | -2.17 | -0.31 | -0.74 | 0.81 | 0.24 | 1.22 | 1.18 | 0.98 | 0.87 | 0.69 | 0.41 | 0.27 | 0.27 | 0.21 | -0.08 | 0.25 | 0.49 | 0.41 |
| EPS Diluted | -1.11 | -2.57 | -0.26 | 0.26 | -0.89 | 0.45 | 1.65 | 1.78 | 1.36 | 1.21 | 1.41 | 1.47 | 1.03 | 1.22 | 1.01 | -3.07 | 0.42 | -0.11 | -1.02 | -1.55 | 0.61 | -2.17 | -0.31 | -0.74 | 0.80 | 0.24 | 1.19 | 1.18 | 0.98 | 0.87 | 0.68 | 0.41 | 0.27 | 0.27 | 0.21 | -0.08 | 0.25 | 0.49 | 0.41 |
| Weighted Avg Shares Out | 12.43M | 12.28M | 12.24M | 12.30M | 12.38M | 12.46M | 12.43M | 12.31M | 12.30M | 12.22M | 12.18M | 12.24M | 12.71M | 12.96M | 12.71M | 12.65M | 12.62M | 11.96M | 11.56M | 11.52M | 11.46M | 11.47M | 11.10M | 11.23M | 11.58M | 12.92M | 12.70M | 11.69M | 11.22M | 11.26M | 11.16M | 10.98M | 11.11M | 10.74M | 10.95M | 11.25M | 10.80M | 10.61M | 10.49M |
| Weighted Avg Shares Out (Dil) | 12.43M | 12.28M | 12.24M | 12.32M | 12.38M | 12.55M | 12.63M | 12.52M | 12.48M | 12.42M | 12.41M | 12.45M | 12.87M | 13.22M | 13.06M | 12.65M | 12.77M | 11.96M | 11.56M | 11.52M | 11.84M | 11.47M | 11.10M | 11.23M | 11.73M | 12.92M | 13.03M | 11.69M | 11.22M | 11.26M | 11.32M | 10.98M | 11.11M | 10.74M | 10.95M | 11.25M | 10.80M | 10.61M | 10.49M |
Culp Announces Results for Third Quarter Fiscal 2024, With Continued Sequential and Year-Over-Year Operating Improvement
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the third quarter ended January 28, 2024. Fiscal 2024 Third Quarter Financial Summary Net sales for the third quarter of...
Culp (CULP) to Report Q3 Earnings: Here's What to Expect
Strong market position, innovative product offerings and resilient global manufacturing and sourcing platform will likely aid Culp's (CULP) third-quarter fiscal 2024 performance.
Culp, Inc. to Webcast Third Quarter Fiscal 2024 Conference Call
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that it will provide an online, real-time webcast and rebroadcast of its third quarter fiscal 2024 conference call on Thursday, March 7, 2024, at 11:00 a.m. ET. During this call, Culp...
Culp, Inc. to Participate in Water Tower Research Furniture/Furnishings Virtual Conference 2024
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) today announced that the company will participate in the Water Tower Research Furniture/Furnishings Virtual Conference 2024 on Wednesday, January 17, 2024. The event will showcase a full day of presentations by residential and...
Culp Announces Leadership Addition at Culp Upholstery Fabrics, Along With Planned Transition for Division President Boyd Chumbley
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today announced that Mary Beth Hunsberger will be joining the company as Executive Vice President of Culp Upholstery Fabrics, effective January 8, 2024. The company also announced...
Culp, Inc. (CULP) Q2 2024 Earnings Call Transcript
Culp, Inc. (NYSE:CULP ) Q2 2024 Results Conference Call December 5, 2023 11:00 AM ET Company Participants Dru Anderson - Investor Relations Iv Culp - President and Chief Executive Officer Ken Bowling - Chief Financial Officer Boyd Chumbley - President...
Culp's (CULP) Q2 Earnings & Revenues Beat Estimates, Stock Up
Despite the ongoing demand softness, Culp's (CULP) fiscal second-quarter 2024 results benefit from strong Mattress Fabrics segment contribution and improved pricing and margin.
Culp, Inc. (CULP) Reports Q2 Loss, Tops Revenue Estimates
Culp, Inc. (CULP) came out with a quarterly loss of $0.19 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.99 per share a year ago.
Culp Announces Results for Second Quarter Fiscal 2024, With Continued Sequential and Strong Year-Over-Year Operating Improvement and a Solid Financial Position
HIGH POINT, N.C.--(BUSINESS WIRE)--Culp, Inc. (NYSE: CULP) (together with its consolidated subsidiaries, “CULP”) today reported financial and operating results for the second quarter ended October 29, 2023. Fiscal 2024 Second Quarter Financial Summary Net sales for the second quarter of...
Culp (CULP) to Report Q2 Earnings: Here's What to Expect
Softened demand in the domestic mattress and residential home furnishings industries and inflationary pressure are likely to affect Culp's (CULP) Q2 performance.
Source: https://incomestatements.info
Category: Stock Reports