Unifi Inc (UFI) Reports Modest Sales Growth Amid Cost Containment Efforts in Q2 Fiscal 2024 [Yahoo! Finance]
Unifi, Inc. New (UFI)
Last unifi, inc. new earnings: 4/30 05:15 pm
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US:NYSE Investor Relations:
investor.unifi.com/investor-overview
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Source: Yahoo! Finance
Net Loss: Posted a net loss of $19.8 million, or ($1.10) per share. Adjusted EBITDA: Improved to ($5.5) million, compared to ($13.0) million in Q2 fiscal 2023. Cost Efficiency: Continued expansion of cost containment measures to streamline operations. Outlook: Anticipates net sales between $149.0 million and $154.0 million for Q3 fiscal 2024. Warning! GuruFocus has detected 7 Warning Signs with UFI. On January 31, 2024, Unifi Inc ( NYSE:UFI ), a global innovator in synthetic and recycled yarns, announced its second quarter fiscal 2024 results, as detailed in its 8-K filing . The company, known for its REPREVE brand of recycled fibers, reported a modest increase in net sales to $136.9 million, a 0.5% rise from the second quarter of fiscal 2023. This was attributed to higher sales volumes which were somewhat offset by lower pricing due to decreased raw material costs. Performance and Challenges Unifi Inc's gross profit saw a significant improvement, reaching $1.6 million
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UFI
News
- John L. Bowman to Succeed William J. Kelly as CAIA Association CEO on December 31, 2024. [Yahoo! Finance]Yahoo! Finance
- 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