Culp Inc (CULP) Files 10-K for the Fiscal Year Ended on April 30, 2019

Culp Inc (CULP, Financial) files its latest 10-K with SEC for the fiscal year ended on April 30, 2019. Culp Inc manufacturers, sources, and markets mattress fabrics and sewn covers used for covering mattresses & box springs and upholstery fabrics including cut and sewn kits used in production of upholstered furniture. Culp Inc has a market cap of $231.100 million; its shares were traded at around $18.65 with a P/E ratio of 41.46 and P/S ratio of 0.83. The dividend yield of Culp Inc stocks is 2.08%. Culp Inc had annual average EBITDA growth of 15.30% over the past ten years. GuruFocus has detected 2 severe warning signs with Culp Inc. .

For the last quarter Culp Inc reported a revenue of $71.0 million, compared with the revenue of $78.18 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $296.7 million, a decrease of 8.4% from the previous year. For the complete 30-year financial data, please go here.. For the last five years Culp Inc had an average revenue growth rate of 0.8% a year.

The reported diluted earnings per share was 45 cents for the year, a decline of 72.7% from the previous year. Over the last five years Culp Inc had an average EPS decline of 12.1% a year. The Culp Inc had an operating margin of 3.98%, compared with the operating margin of 8.48% a year before. The 10-year historical median operating margin of Culp Inc is 7.55%. The profitability rank of the company is 6 (out of 10).

At the end of the fiscal year, Culp Inc has the cash and cash equivalents of $40.0 million, compared with $21.2 million in the previous year. The long term debt was $0.68 million. The interest coverage to the debt is at a comfortable level of 280.8. Culp Inc has a financial strength rank of 9 (out of 10).

At the current stock price of $18.65, Culp Inc is traded at close to its historical median P/S valuation band of $18.75. The P/S ratio of the stock is 0.83, while the historical median P/S ratio is 0.79. The stock lost 24.36% during the past 12 months.

Directors and Officers Recent Trades:

  • Principal Accounting Officer Thomas Bernard Jr Gallagher sold 1,400 shares of CULP stock on 06/20/2019 at the average price of $18.26. The price of the stock has increased by 2.14% since.

For the complete 20-year historical financial data of CULP, click here.