Culp, Inc. manufacturers, sources, and markets mattress fabrics and sewn covers used for covering mattresses and foundations and other bedding products; and upholstery fabrics, including cut and sewn kits, primarily used in production of upholstered furniture. The Company operates through two operating segments are mattress fabrics and upholstery fabrics. The mattress fabrics segment, also known as Culp Home Fashions, manufactures and markets mattress fabrics and mattress covers to bedding manufacturers. These products include woven jacquard fabrics, knitted fabrics, and some converted fabrics. The upholstery fabrics segment markets fabrics for residential and commercial furniture, including jacquard woven fabrics, velvets, micro-denier suedes, woven dobbies, knitted fabrics, piece-dyed woven products, and polyurethane “leather look” fabrics.

Company Growth (employees)
Type
Public
HQ
High Point, US
Founded
1972
Size (employees)
1,325 (est)+9%
Culp was founded in 1972 and is headquartered in High Point, US

Culp Office Locations

Culp has an office in High Point
High Point, US (HQ)
1823 Eastchester Dr

Culp Data and Metrics

Culp Financial Metrics

Culp's revenue was reported to be $76.2 m in Q3, 2017
USD

Revenue (Q3, 2017)

76.2 m

Gross profit (Q3, 2017)

16.8 m

Gross profit margin (Q3, 2017), %

22%

Net income (Q3, 2017)

16.1 m

EBIT (Q3, 2017)

6.9 m

Market capitalization (12-Jul-2017)

407.2 m

Closing share price (12-Jul-2017)

32.6
Culp's current market capitalization is $407.2 m.
USDFY, 2014FY, 2015FY, 2016

Revenue

287.2 m310.2 m312.9 m

Revenue growth, %

8%1%

Cost of goods sold

62.3 m62.7 m60.6 m

Gross profit

224.9 m247.5 m252.2 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Revenue

76.1 m74 m81.3 m80.2 m77 m78.5 m80.7 m75.3 m76.2 m

Cost of goods sold

63.3 m61.7 m66.9 m64 m61.2 m61.9 m62.3 m58.4 m59.4 m

Gross profit

12.7 m12.3 m14.4 m16.2 m15.7 m16.6 m18.4 m16.9 m16.8 m

Gross profit Margin, %

17%17%18%20%20%21%23%22%22%
USDFY, 2014FY, 2015FY, 2016FY, 2017

Cash

29.3 m29.7 m37.8 m

Accounts Receivable

27.4 m28.7 m23.5 m24.6 m

Inventories

40.7 m42.5 m46.5 m51.5 m

Current Assets

112.4 m118.4 m114.8 m
USDQ1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Cash

25.9 m31.2 m31.7 m45.5 m13.9 m15.7 m

Accounts Receivable

25.7 m23.3 m26.8 m22.7 m19 m22.7 m

Inventories

46.5 m46.5 m48.5 m48.1 m46 m46.2 m

Current Assets

115.2 m117.7 m113.6 m121.1 m83 m89.5 m
USDFY, 2014FY, 2015FY, 2016FY, 2017

Net Income

17.4 m15.1 m16.9 m22.3 m

Depreciation and Amortization

5.3 m5.8 m6.7 m7.1 m

Accounts Receivable

(3.9 m)(1.6 m)4.5 m(1.6 m)

Inventories

(2.2 m)(1.9 m)(4.4 m)(5.4 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017

Net Income

3.3 m6.3 m10.2 m4.7 m8.5 m13.3 m5.3 m9.8 m16.1 m

Depreciation and Amortization

1.4 m2.8 m4.2 m1.6 m3.2 m4.9 m1.8 m3.5 m5.3 m

Accounts Receivable

3.2 m2.4 m(3.5 m)2.8 m4.9 m1.1 m611 k4.1 m340 k

Inventories

(1 m)2.5 m2.5 m(4.1 m)(4.1 m)(6.5 m)(1.8 m)219 k(137 k)
USDY, 2017

Revenue/Employee

62.6 k
Show all financial metrics

Culp Market Value History

Traffic Overview of Culp

Culp Company Life and Culture

You may also be interested in