Unifi, Inc., together with its subsidiaries, engages in the manufacture and sale of recycled and synthetic products made from polyester and nylon in the United States, Brazil, China, and internationally. It operates in four segments: Polyester, Nylon, Brazil, and Asia. The Polyester segment offers partially oriented, textured, solution and package dyed, twisted, beamed, and draw wound yarns; and pre-consumer and post-consumer waste products, including plastic bottle flakes and polyester polymer beads to other yarn manufacturers, and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets. The Nylon segment provides virgin or recycled textured, solution dyed, and spandex covered yarns to knitters and weavers that produce fabric primarily for the apparel, hosiery, medical markets. The Brazil segment manufactures and sells polyester-based products to knitters and weavers that produce fabric for the apparel, home furnishings, automotive, industrial, and other end-use markets principally in South America. The Asia segment primarily sells polyester-based products to knitters and weavers that produce fabric for the apparel, home furnishings, automotive, industrial, and other end-use markets principally in Asia. The company sells its products through sales force and independent sales agents under the REPREVE and PROFIBER brands. Unifi, Inc. was founded in 1969 and is headquartered in Greensboro, North Carolina.
IPO Year:
Exchange: NYSE
Website: unifi.com
Date | Price Target | Rating | Analyst |
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8/11/2022 | Market Outperform → Market Perform | CJS Securities |
4 - UNIFI INC (0000100726) (Issuer)
4 - UNIFI INC (0000100726) (Issuer)
Sales and earnings results consistent with expectations Company reiterates year-over-year improvement for fiscal 2025 Unifi, Inc. (NYSE:UFI) (together with its consolidated subsidiaries, "UNIFI"), leading innovator in recycled and synthetic yarn, today released operating results for the first fiscal quarter ended September 29, 2024. First Quarter Fiscal 2025 Overview Net sales were $147.4 million, an increase of 6% from the first quarter of fiscal 2024, primarily driven by higher sales volumes. Revenues from REPREVE Fiber products were $44.7 million and represented 30% of net sales, compared to $42.5 million or 31% of net sales for the first quarter of fiscal 2024. Gross profit was
Unifi, Inc. (NYSE:UFI) (together with its consolidated subsidiaries, "UNIFI"), leading innovator in recycled and synthetic yarn, will host a conference call at 9:00 a.m., Eastern Time, on Thursday, October 31, 2024, to discuss its first quarter fiscal 2025 financial results. The first quarter fiscal 2025 financial results and supporting materials will be available after the close of market trading on Wednesday, October 30, 2024, on the Company's website at http://investor.unifi.com. The conference call can be accessed approximately 10 minutes prior to the beginning of the call by dialing (646) 968-2525 (Domestic) or (888) 596-4144 (International) and, when prompted, providing conference ID
Sales and profitability trends accelerated momentum through the second half of the fiscal year, as customer engagement and innovation focus has prepared Company to pivot to growth moving forward Outlook for fiscal 2025 includes double-digit revenue growth and significantly enhanced margins and profitability Unifi, Inc. (NYSE:UFI) (together with its consolidated subsidiaries, "UNIFI"), leading innovator in recycled and synthetic yarn, today released operating results for the fourth fiscal quarter and fiscal year ended June 30, 2024. Fourth Quarter Fiscal 2024 Overview Net sales were $157.5 million, an increase of 6% from the third quarter of fiscal 2024, primarily driven by higher s
Powered by Textile Takeback™, the benchmark in sustainable textile production Global debut at Intertextile Apparel Fabrics Shanghai tradeshow August 27th to 29th UNIFI, Inc. (NYSE:UFI), leading innovator in recycled and synthetic yarn, today announced the launch of two new products, making its circular REPREVE® offering the largest portfolio of regenerated performance polyester in the world. Powered by the Company's proprietary Textile Takeback™ process, UNIFI® now offers white-dyeable filament yarn and a revolutionary insulation material, ThermaLoop™, representing a major leap forward in scalable textile-to-textile recycling. This press release features multimedia. View the full relea
Unifi, Inc. (NYSE:UFI) will host a conference call at 9:00 a.m., Eastern Time, on Thursday, August 22, 2024, to discuss its fourth quarter fiscal 2024 financial results. The fourth quarter fiscal 2024 financial results and supporting materials will be available after the close of market trading on Wednesday, August 21, 2024, on the Company's website at http://investor.unifi.com. The conference call can be accessed approximately 10 minutes prior to the beginning of the call by dialing (800) 715-9871 (Domestic) or (646) 307-1963 (International) and, when prompted, providing conference ID number 9957299. There will also be a live audio webcast of the call, which can be accessed on the Comp
The "Me" by Jennie Garth collection, including denim fabrication from REPREVE Our Ocean ®, brings a seamless fusion of fashion and timeless comfort to QVC WEST CHESTER, Pa., July 29, 2024 /PRNewswire/ -- QVC®, world leader in live shoppable entertainment announced today that it has collaborated with actress, advocate, designer and Q50 Ambassador Jennie Garth for the upcoming launch of the "Me" by Jennie Garth collection exclusively for QVC. The apparel collection, which premieres on-air and on QVC.com on July 29, reflects Garth's distinct flair with chic, stylish and comfortable styles for women to effortlessly be themselves.
Global brand, textile, and retail partners, such as NIKE and Inditex, receive honors for their sustainability efforts UNIFI, Inc. (NYSE:UFI) (together with its consolidated subsidiaries, "UNIFI"), the makers of REPREVE and one of the world's leading innovators in recycled and synthetic yarns, today announced its seventh annual REPREVE Champions of Sustainability Award recipients. These annual awards celebrate the industry pioneers who have recycled over 40 billion plastic bottles into new products through REPREVE. UNIFI applauds the following partners as leading stewards of sustainability: NIKE and Rothy's® are recognized with the Milestone Award for having respectively transformed 3
Recently implemented Profitability Improvement Plan enhances financial performance during the third quarter Business remains well positioned for apparel demand recovery 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 Overview Net 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
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, will host a conference call at 9:00 a.m., Eastern Time, on Thursday, May 9, 2024, to discuss its third quarter fiscal 2024 financial results. The third quarter fiscal 2024 financial results and supporting materials will be available after the close of market trading on Wednesday, May 8, 2024, on the Company's website at http://investor.unifi.com. The conference call can be accessed approximately 10 minutes prior to the beginning of the call by dialing (800) 715-9871 (Domestic) or (646) 307-1963 (International) and, wh
Company affirms textile-to-textile recycling ambitions, waste reduction progress, and future milestones 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 its Sustainability Snapshot for FY2023. The Snapshot shares impactful updates on UNIFI's innovative sustainability mission, waste reduction achievements, and future goals. With its release, UNIFI debuted its pioneering T-shirt equivalent metric and set an ambitious textile-to-textile recycling target to transform the equivalent of 1.5 billion T-shirts worth of textile and yarn waste into new products by
4 - UNIFI INC (0000100726) (Issuer)
4 - UNIFI INC (0000100726) (Issuer)
4 - UNIFI INC (0000100726) (Issuer)
4 - UNIFI INC (0000100726) (Issuer)
4 - UNIFI INC (0000100726) (Issuer)
4 - UNIFI INC (0000100726) (Issuer)
4 - UNIFI INC (0000100726) (Issuer)
4 - UNIFI INC (0000100726) (Issuer)
4 - UNIFI INC (0000100726) (Issuer)
4 - UNIFI INC (0000100726) (Issuer)
Repurchased 500,000 shares of common stock and announced leadership and board changes Unifi, Inc. (NYSE:UFI), makers of REPREVE® and one of the world's leading innovators in recycled and synthetic yarns, today provided various transactional, leadership and board updates. Summary of Updates: Repurchased 500,000 shares of common stock in May 2022. Appointed Greg Sigmon, General Counsel and Corporate Secretary, as an Executive Officer of the Company. Set forth leadership transition plan for Unifi do Brasil, Ltda. ("UdB"), as Mauro Fernandes will replace retiring UdB President Lucas de Carvalho Rocha. Announced the retirement of director James ("Jim") M. Kilts. Stock Repurchase Dur
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Sales and earnings results consistent with expectations Company reiterates year-over-year improvement for fiscal 2025 Unifi, Inc. (NYSE:UFI) (together with its consolidated subsidiaries, "UNIFI"), leading innovator in recycled and synthetic yarn, today released operating results for the first fiscal quarter ended September 29, 2024. First Quarter Fiscal 2025 Overview Net sales were $147.4 million, an increase of 6% from the first quarter of fiscal 2024, primarily driven by higher sales volumes. Revenues from REPREVE Fiber products were $44.7 million and represented 30% of net sales, compared to $42.5 million or 31% of net sales for the first quarter of fiscal 2024. Gross profit was
Unifi, Inc. (NYSE:UFI) (together with its consolidated subsidiaries, "UNIFI"), leading innovator in recycled and synthetic yarn, will host a conference call at 9:00 a.m., Eastern Time, on Thursday, October 31, 2024, to discuss its first quarter fiscal 2025 financial results. The first quarter fiscal 2025 financial results and supporting materials will be available after the close of market trading on Wednesday, October 30, 2024, on the Company's website at http://investor.unifi.com. The conference call can be accessed approximately 10 minutes prior to the beginning of the call by dialing (646) 968-2525 (Domestic) or (888) 596-4144 (International) and, when prompted, providing conference ID
Sales and profitability trends accelerated momentum through the second half of the fiscal year, as customer engagement and innovation focus has prepared Company to pivot to growth moving forward Outlook for fiscal 2025 includes double-digit revenue growth and significantly enhanced margins and profitability Unifi, Inc. (NYSE:UFI) (together with its consolidated subsidiaries, "UNIFI"), leading innovator in recycled and synthetic yarn, today released operating results for the fourth fiscal quarter and fiscal year ended June 30, 2024. Fourth Quarter Fiscal 2024 Overview Net sales were $157.5 million, an increase of 6% from the third quarter of fiscal 2024, primarily driven by higher s
Unifi, Inc. (NYSE:UFI) will host a conference call at 9:00 a.m., Eastern Time, on Thursday, August 22, 2024, to discuss its fourth quarter fiscal 2024 financial results. The fourth quarter fiscal 2024 financial results and supporting materials will be available after the close of market trading on Wednesday, August 21, 2024, on the Company's website at http://investor.unifi.com. The conference call can be accessed approximately 10 minutes prior to the beginning of the call by dialing (800) 715-9871 (Domestic) or (646) 307-1963 (International) and, when prompted, providing conference ID number 9957299. There will also be a live audio webcast of the call, which can be accessed on the Comp
Recently implemented Profitability Improvement Plan enhances financial performance during the third quarter Business remains well positioned for apparel demand recovery 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 Overview Net 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
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, will host a conference call at 9:00 a.m., Eastern Time, on Thursday, May 9, 2024, to discuss its third quarter fiscal 2024 financial results. The third quarter fiscal 2024 financial results and supporting materials will be available after the close of market trading on Wednesday, May 8, 2024, on the Company's website at http://investor.unifi.com. The conference call can be accessed approximately 10 minutes prior to the beginning of the call by dialing (800) 715-9871 (Domestic) or (646) 307-1963 (International) and, wh
Expansion of cost containment efforts and renewed commercial initiatives provide optimism for calendar 2024 Business remains well positioned for apparel demand recovery in calendar 2024 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
Company to streamline operations and reset costs to enhance margin and profitability Board promotes multiple leaders to drive critical strategic initiatives through appointments of Chief Financial Officer, Chief Product Officer, President of Unifi Manufacturing, Inc., and Expanded General Counsel Role 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 announced that it has begun the implementation of a new Profitability Improvement Plan, focused on further reducing the Company's costs, streamlining operations, and investing in innovation. The Company also announ
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, will host a conference call at 8:30 a.m., Eastern Time, on Thursday, February 1, 2024, to discuss its second quarter fiscal 2024 financial results. The second quarter fiscal 2024 financial results and supporting materials will be available after the close of market trading on Wednesday, January 31, 2024 on the Company's website at http://investor.unifi.com. The conference call can be accessed approximately 10 minutes prior to the beginning of the call by dialing (800) 715-9871 (Domestic) or (646) 307-1963 (Internationa
Disciplined cost control measures and reduced capital expenditures aided cash generation Business remains well positioned for apparel demand recovery 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 first fiscal quarter ended October 1, 2023. First Quarter Fiscal 2024 Overview Operating activities provided cash of $7.1 million and, primarily in combination with lower capital expenditure levels, generated a $4.6 million increase in cash. Debt principal was $141.5 million and Net Debt was $90.0 million at October 1, 202
CJS Securities downgraded Unifi from Market Outperform to Market Perform
Northland Securities reiterated coverage of Unifi with a rating of Outperform and set a new price target of $27.00 from $21.00 previously
Unifi (NYSE:UFI) reported quarterly losses of $(0.57) per share which missed the analyst consensus estimate of $(0.45) by 26.67 percent. This is a 96.55 percent decrease over losses of $(0.29) per share from the same period last year. The company reported quarterly sales of $148.996 million which missed the analyst consensus estimate of $149.131 million by 0.09 percent. This is a 4.94 percent decrease over sales of $156.738 million the same period last year.
Unifi (NYSE:UFI) reported its Q2 earnings results on Wednesday, January 31, 2024 at 04:45 PM. Here's what investors need to know about the announcement. Earnings Unifi beat estimated earnings by 4.71%, reporting an EPS of $-0.81 versus an estimate of $-0.85. Revenue was up $705 thousand from the same period last year. Past Earnings Performance Last quarter the company missed on EPS by $0.26 which was followed by a 8.09% drop in the share price the next day. Here's a look at Unifi's past performance: Quarter Q1 2024 Q4 2023 Q3 2023 Q2 2023 EPS Estimate -0.47 -0.29 -0.30 -1.28 EPS Actual -0.73 -0.39 -0.25 -1.21 Revenue Estimate 151.55M 147.90M 155.91M 145.19M Revenue Actual 138.84
Unifi (NYSE:UFI) reported quarterly losses of $(0.81) per share which beat the analyst consensus estimate of $(0.85) by 4.71 percent. This is a 33.06 percent increase over losses of $(1.21) per share from the same period last year. The company reported quarterly sales of $136.92 million which beat the analyst consensus estimate of $135.57 million by 0.99 percent. This is a 0.52 percent increase over sales of $136.21 million the same period last year.
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Unifi (NYSE:UFI) is set to give its latest quarterly earnings report on Wednesday, 2024-01-31. Here's what investors need to know before the announcement. Analysts estimate that Unifi will report an earnings per share (EPS) of $-0.85. Unifi bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter. New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast). Past Earnings Performance Last quarter the company missed EPS by $0.26, which was followed by a 8.09% drop in the share price the next day. Her
Gainers Lixiang Education Hldg (NASDAQ:LXEH) shares moved upwards by 18.5% to $3.14 during Monday's pre-market session. The company's market cap stands at $20.9 million. Singing Machine Co (NASDAQ:MICS) shares increased by 14.99% to $1.15. The company's market cap stands at $7.3 million. Vision Marine (NASDAQ:VMAR) shares increased by 12.63% to $1.07. The company's market cap stands at $12.4 million. a.k.a. Brands Holding (NYSE:AKA) shares moved upwards by 11.41% to $10.64. The company's market cap stands at $113.0 million. Canoo (NASDAQ:GOEV) stock moved upwards by 8.64% to $0.26. The company's market cap stands at $203.4 million. Unifi (NYSE:UFI) shares rose 8.35% to $7.0. The market