UFI News and Press, Unifi Inc. From 02/12/23

Summary Excess inventories among clothing retailers is crushing near-term demand for Unifi's yarns, sending revenue sharply lower and pushing the company into losses as high up as the gross profit line. Retailer destocking should finish late in the spring, around the time orders are mad...

Unifi, Inc. [UFI] Q2 2023 Earnings Conference Call February 2, 2023 8:30 a.m. ET Company Participants Albert Carey - Executive Chairman Eddie Ingle - CEO Craig Creaturo - CFO A.J. Eaker - VP, Finance & Treasurer Conference Call Participants Daniel M...

The following slide deck was published by Unifi, Inc. in conjunction with their 2023 Q2 earnings call. For further details see: Unifi, Inc. 2023 Q2 - Results - Earnings Call Presentation

Unifi press release ( NYSE: UFI ): Q2 GAAP EPS of -$1.00 beats by $0.06 . Revenue of $136.2M (-32.4% Y/Y) misses by $18.2M . Gross loss was $8.0 million compared to gross profit of $16.9 million for the second quarter of fiscal 2022, primarily impacted by lower facilit...

Sales and profitability impacted by continued near-term demand disruption for apparel production Cash generated from operations outpaced profitability headwinds Unifi, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, “UNIFI”), makers of REPREVE and on...

Demand trends across apparel producers continue to weigh on near-term operating performance 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, t...

Summary Shares of textile manufacturer Unifi, Inc. hit a 13-year low after it reported disastrous 1QFY23 financials and rescinded its FY23 outlook. Quarterly net sales fell 8% year-over-year due to significant weakness in Asia, while price increases could not keep pace with rising input...

Aiming to reduce and reuse, Textile Takeback™ gives textile waste a new life as recycled fiber Today, Unifi Inc. (NYSE: UFI ), makers of REPREVE ® and one of the world’s leading innovators in recycled and synthetic yarns, announced a major expansio...

Unifi, Inc. (UFI) Q1 2023 Earnings Conference Call November 4, 2022 8:30 AM Company Participants A Eaker - Vice President of Finance and Investor Relations Albert Carey - Executive Chairman Edmund Ingle - Chief Executive Officer and Director Craig Creaturo - ...

The following slide deck was published by Unifi, Inc. in conjunction with their 2023 Q1 earnings call. For further details see: Unifi, Inc. 2023 Q1 - Results - Earnings Call Presentation