Upholstery Fabrics was Culp’s largest segment in fiscal 2023, bringing in $123.94M of $234.93M (53%).
| Statement Business Segments | FY 2012 | FY 2013 | FY 2014 | FY 2015 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mattress Fabrics | $131.41M | $157.67M | $152.16M | $111.00M | ||||||||
| Upholstery Fabrics | $124.75M | $142.05M | $142.68M | $123.94M | ||||||||
| Total | $256.17M | $299.72M | $294.84M | $234.93M |
Culp brought in $234.93M from its two segments in fiscal 2023, the year ended April 30, 2023. That was down 20.3% from $294.84M in fiscal 2022. Upholstery Fabrics was the largest at $123.94M (52.8%), ahead of Mattress Fabrics at $111.00M (47.2%).
Compared with fiscal 2022, Upholstery Fabrics fell 13.1% to $123.94M and Mattress Fabrics fell 27.1% to $111.00M. From fiscal 2020 to 2023, combined revenue from these segments fell from $256.17M to $234.93M, a compound annual decline of 2.8%. Upholstery Fabrics' share of the total rose from 48.7% to 52.8%.
Product was Culp’s largest product and service line in fiscal 2023, bringing in $225.99M of $234.93M (96%).
| Product and Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|
| Product | $245.57M | $291.17M | $285.78M | $225.99M | |
| Services | $10.60M | $8.55M | $9.06M | $8.94M | |
| Total | $256.17M | $299.72M | $294.84M | $234.93M |
Culp brought in $234.93M from its two product and service lines in fiscal 2023, the year ended April 30, 2023. That was down 20.3% from $294.84M in fiscal 2022. Product was the largest at $225.99M (96.2%), ahead of Services at $8.94M (3.8%).
Compared with fiscal 2022, Services fell 1.3% to $8.94M and Product fell 20.9% to $225.99M. From fiscal 2020 to 2023, combined revenue from these lines fell from $256.17M to $234.93M, a compound annual decline of 2.8%. Product's share held steady at about 96.2%.
Transferred At Point In Time was Culp’s largest revenue line in fiscal 2023, bringing in $225.99M of $234.93M (96%).
| Timing Of Transfer Of Good Or Service | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 |
|---|---|---|---|---|---|
| Transferred At Point In Time | $245.57M | $291.17M | $285.78M | $225.99M | |
| Transferred Over Time | $10.60M | $8.55M | $9.06M | $8.94M | |
| Total | $256.17M | $299.72M | $294.84M | $234.93M |
Culp brought in $234.93M from its two revenue lines in fiscal 2023, the year ended April 30, 2023. That was down 20.3% from $294.84M in fiscal 2022. Transferred At Point In Time was the largest at $225.99M (96.2%), ahead of Transferred Over Time at $8.94M (3.8%).
Compared with fiscal 2022, Transferred Over Time fell 1.3% to $8.94M and Transferred At Point In Time fell 20.9% to $225.99M. From fiscal 2020 to 2023, combined revenue from these revenue lines fell from $256.17M to $234.93M, a compound annual decline of 2.8%. Transferred At Point In Time's share held steady at about 96.2%.
Culp (CULP) reports its revenue by statement business segments, by product and service and by timing of transfer of good or service. In fiscal 2023, Upholstery Fabrics was its largest segment, bringing in $123.94M (52.8% of the total), followed by Mattress Fabrics at $111.00M (47.2%).
Upholstery Fabrics was Culp's largest segment in fiscal 2023, bringing in $123.94M, or 52.8% of the $234.93M total across its two segments.
Product was Culp's largest product and service line in fiscal 2023, bringing in $225.99M, or 96.2% of the $234.93M total across its two product and service lines.
Transferred At Point In Time was Culp's largest revenue line in fiscal 2023, bringing in $225.99M, or 96.2% of the $234.93M total across its two revenue lines.
Every figure comes from Culp's annual financial filings, as reported. Each line keeps the name Culp gives it, and years follow its fiscal calendar.
Culp's revenue by statement business segments goes back to fiscal 2012, with figures through fiscal 2023. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.