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Unifi - UFI STOCK NEWS

Welcome to our dedicated page for Unifi news (Ticker: UFI), a resource for investors and traders seeking the latest updates and insights on Unifi stock.

Unifi Inc (UFI) delivers innovative textile solutions through vertically integrated manufacturing and sustainable practices. This news hub provides investors and industry professionals with authoritative updates on corporate developments, financial performance, and operational milestones.

Access timely press releases and analysis covering earnings reports, product innovations like REPREVE® recycled fiber, strategic partnerships, and sustainability initiatives. Our curated collection ensures transparent tracking of material events shaping Unifi's position in global apparel, automotive, and industrial markets.

Key focus areas include manufacturing expansions, recycled material advancements, and market-specific strategies across North America, Brazil, and Asia. Bookmark this page for convenient access to operational updates and industry leadership insights directly from Unifi's verified sources.

News

UNIFI, Makers of REPREVE®, Schedules Second Quarter Fiscal 2024 Earnings Conference Call

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Unifi, Inc. (NYSE: UFI) will host a conference call to discuss its second quarter fiscal 2024 financial results. The company is a global textile solutions provider and innovator in manufacturing synthetic and recycled performance fibers, with a focus on transforming plastic bottles into recycled fiber for consumer products. UNIFI collaborates with influential brands in various industries.
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UNIFI®, Makers of REPREVE®, Announces First Quarter Fiscal 2024 Results

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Unifi, Inc. reported operating results for the first fiscal quarter ended October 1, 2023. Net sales decreased by 22.7% compared to the same quarter last year, primarily due to weak apparel demand. Revenues from REPREVE Fiber products increased as a percentage of net sales. Gross loss was $0.6 million and net loss was $13.3 million. Adjusted EBITDA was ($4.8) million. The company's cost control measures helped generate cash and reduce net debt. Unifi expects second quarter results to be consistent with the first quarter.
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UNIFI, Makers of REPREVE®, Schedules First Quarter Fiscal 2024 Earnings Conference Call

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Unifi, Inc. to host conference call to discuss first quarter fiscal 2024 financial results
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UNIFI®, Makers of REPREVE®, Announces Fourth Quarter and Fiscal 2023 Results

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Unifi, Inc. (NYSE: UFI) released its operating results for Q4 and fiscal year ended July 2, 2023. Net sales were $151.1 million, down from $217.6 million in the previous year, primarily due to weak demand. Operating loss was $13.7 million, impacted by lower demand and an $8.2 million impairment charge. Adjusted Net Loss was $7.0 million. Debt principal was $140.9 million and Net Debt was $93.9 million. UNIFI expects Q1 fiscal 2024 net sales and Adjusted EBITDA to be consistent with Q4 fiscal 2023 results. Cash and cash equivalents were $47.0 million.
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UNIFI, Makers of REPREVE®, Schedules Fourth Quarter Fiscal 2023 Earnings Conference Call

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UNIFI®, Makers of REPREVE®, Announces Updated Life Cycle Data Confirming Certain Environmental Benefits of REPREVE® Polyester

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Unifi, Inc. (NYSE: UFI) announces findings of an independent peer-reviewed Life Cycle Assessment (LCA) showing that REPREVE recycled polyester reduces greenhouse gas emissions, fossil fuel usage, and water consumption compared to virgin polyester. REPREVE is a leading recycled polyester fiber brand made from post-consumer plastic bottles and pre-consumer waste materials, addressing environmental concerns.
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UNIFI®, Makers of REPREVE®, Announces Third Quarter Fiscal 2023 Results

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REPREVE® and Textile TakebackTM Receive Honorable Mention from Fast Company as a World Changing Idea in Sustainability/Energy

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UNIFI®, Makers of REPREVE®, Announces Sixth Annual REPREVE Champions of Sustainability Awards

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UNIFI®, Makers of REPREVE®, Provides Business Update and Schedules Third Quarter Fiscal 2023 Earnings Conference Call

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Unifi, Inc. (NYSE: UFI) has announced preliminary results for its third fiscal quarter ended April 2, 2023. The company expects net sales between $155 million and $157 million, marking a sequential quarter increase of 14% to 15%. A significant recovery is observed in gross profit, estimated between $9 million and $10 million, improving from a gross loss of $8 million. Additionally, the operating loss is projected to be between $2 million and $3 million, an improvement of $17 million to $18 million sequentially. Adjusted EBITDA is expected between $4 million and $5 million, also reflecting a notable sequential improvement. The company aims for continued growth as market conditions normalize.

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Unifi

NYSE:UFI

UFI Rankings

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UFI Stock Data

99.46M
14.89M
18.69%
52.77%
1.45%
Textile Manufacturing
Textile Mill Products
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United States
GREENSBORO