UNIFI®, Makers of REPREVE®, Announces Second Quarter Fiscal 2024 Results [Yahoo! Finance]
Unifi, Inc. New (UFI)
Last unifi, inc. new earnings: 4/30 05:15 pm
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Source: Yahoo! Finance
Business remains well positioned for apparel demand recovery in calendar 2024 GREENSBORO, N.C., January 31, 2024 BUSINESS WIRE )--Unifi, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, "UNIFI"), makers of REPREVE and one of the world's leading innovators in recycled and synthetic yarns, today released operating results for the second fiscal quarter ended December 31, 2023. Second Quarter Fiscal 2024 Overview Net sales were $136.9 million, an increase of 0.5% from the second quarter of fiscal 2023, driven by higher sales volumes that were muted by lower pricing in response to lower raw material costs. Revenues from REPREVE Fiber products were $45.7 million and represented 33% of net sales. Gross profit was $1.6 million and gross margin was 1.2%, representing sequential-quarter and year-over-year improvements through existing cost saving initiatives, successful execution of renewed commercial efforts, and stabilized input costs. Net loss was $19.8 million, or
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News
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- Textile Recycling Market To Reach USD 11.9 Billion By 2032, Says DataHorizzon Research [Yahoo! Finance]Yahoo! Finance
- UNIFI, Makers of REPREVE®, Schedules Third Quarter Fiscal 2024 Earnings Conference Call [Yahoo! Finance]Yahoo! Finance
- UNIFI, Makers of REPREVE®, Schedules Third Quarter Fiscal 2024 Earnings Conference CallBusiness Wire
- Shuffle Board: Balenciaga Alum Heads Ganni, Elevate Textiles Names CEO [Yahoo! Finance]Yahoo! Finance
UFI
Earnings
- 1/31/24 - Miss
UFI
Sec Filings
- 3/20/24 - Form S-8
- 3/11/24 - Form 8-K
- 2/21/24 - Form 8-K
- UFI's page on the SEC website