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Culp(CULP) - 2022 Q4 - Earnings Call Presentation

CULP 1 | --- | --- | |-------------------------------|-------| | | | | CULP, INC. | | | | | | NYSE: CULP | | | Fourth Quarter Fiscal 2022 | | | Summary Financial Information | | | June 29, 2022 | | FOURTH QUARTER FISCAL 2022 FINANCIAL SUMMARY Net sales were 56.9million,down28.0percentovertheprioryearperiod,withmattressfabricssalesdown30.6percentandupholsteryfabricssalesdown24.8percentcomparedwiththefourthquarteroflastyear.Lossfromoperationswas56.9 million, down 28.0 percent over the prior-year period, with mattress fabrics sales down 30.6 percent and upholstery fabrics sales down 24.8 percent compared with the fourth quarter of last year. Loss from operations was (5.4) million, as compared ...