UNIFI®, Makers of REPREVE®, Announces Third Quarter Fiscal 2024 Results
Unifi, Inc. New (UFI)
Last unifi, inc. new earnings: 4/30 05:15 pm
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Source: Business Wire
Recently implemented Profitability Improvement Plan enhances financial performance during the third quarterBusiness remains well positioned for apparel demand recovery GREENSBORO, N.C.--(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 third fiscal quarter ended March 31, 2024.Third Quarter Fiscal 2024 OverviewNet sales were $149.0 million, an increase of 9% from the second quarter of fiscal 2024, driven by higher sales volumes.Revenues from REPREVE Fiber products were $46.8 million and represented 31% of net sales.Gross profit was $4.8 million and gross margin was 3.2%, representing a sequential-quarter improvement through existing cost-saving initiatives and increased productivity.Net loss was $10.3 million, or $0.57 per share, compared to a net loss of $19.8 million, or $1.10 per share, for the previo
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News
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- Wealth Enhancement Group Announces the Addition of The Financial Advisory Group, LLC, an Independent RIA with Over $1.22 Billion in Client Assets [Yahoo! Finance]Yahoo! Finance
- Textile Recycling Market Surges to USD 6.1 Billion by 2031, Propelled by 2.85% CAGR - Verified Market Research® [Yahoo! Finance]Yahoo! Finance
- UNIFI®, Makers of REPREVE®, Announces Seventh Annual Champions of Sustainability Award WinnersBusiness Wire
UFI
Earnings
- 5/8/24 - Miss
UFI
Sec Filings
- 5/28/24 - Form SD
- 5/9/24 - Form 10-Q
- 5/8/24 - Form 8-K
- UFI's page on the SEC website