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Culp Inc  (CULP)
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Revenues fall back respectably at CULP in the fiscal first quarter of 2022

CULP recorded first quarter of 2022 operating loss of $-4.738 millions

Published 2022-09-10T12:40:42+00:00
Goran Soko / CSIMarket.com Contributer

Cis_di_nola_By_Alcott1953_(Own_work)__[CC-BY-SA-3.0_(http_creativecommons.org_licenses_by-sa_3.0)]_via_Wikimedia_CommonWeak demand caused advance in losses for the Jul 31 2022 report, Culp Incs' a shortfall per share rose to $-0.47 from $0.18 where Revenue dropped by -24.616 % to $62.60 millions from $83.05 millions a year before.

In contrast to the Q4 Revenues advanced by 9.947 % from $56.94 millions and EPS improved from $-0.49 per share.


For the first quarter of 2022 earnings season Culp Inc logged net shortfall of $-5.699 million, instead of bottom line of $2.250 millions have recorded in the same quarter a year before.


Culp Inc is expected to report next financial results on December 09, 2022.


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Other CULP's Earnings Reports

Culp Inc reported second quarter 2022 earnings

Culp Inc reported first quarter 2022 earnings

Culp Inc reported fourth quarter 2021 earnings

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