Key Details
Price
$5.57Last Dividend
$0.42Annual ROE
-16.15%Beta
0.49Events Calendar
Next earnings date:
Jan 31, 2025Recent quarterly earnings:
Oct 30, 2024Recent annual earnings:
Aug 21, 2024Next ex-dividend date:
N/ARecent ex-dividend date:
Apr 29, 1998Next split:
N/ARecent split:
Nov 04, 2010Analyst ratings
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Unifi, Inc. (NYSE:UFI ) Q3 2024 Earnings Conference Call October 31, 2024 9:00 AM ET Company Participants Al Carey - Executive Chairman Eddie Ingle - Chief Executive Officer A.J. Eaker - Chief Financial Officer Conference Call Participants Anthony Lebedzinski - Sidoti & Company Operator Good morning, and thank you for attending Unifi's First Quarter Fiscal 2025 Earnings Conference Call.
Unifi (UFI) came out with a quarterly loss of $0.42 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.73 per share a year ago.
Unifi (UFI) came out with a quarterly loss of $0.22 per share versus the Zacks Consensus Estimate of a loss of $0.23. This compares to loss of $0.39 per share a year ago.
GREENSBORO, N.C.--(BUSINESS WIRE)--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 sales volumes. Revenues from REPREVE Fiber products were $53.6 million and represen.
Unifi has struggled through a painful customer destocking, as well as fierce competition from Asian producers, leading to ongoing weakness in revenue and margins. Management has responded with cost-cutting measures and efficiency moves to minimize losses and boost margins as the business recovers, and the exit of a regional rival is boosting volumes. Despite challenges, Unifi remains optimistic about a recovery, especially with the ongoing adoption of REPREVE by retailers for sustainability commitments.
Unifi, Inc. (UFI) Q2 2024 Earnings Call Transcript
Unifi, Inc. (NYSE:UFI ) Q1 2024 Earnings Conference Call November 2, 2023 ET Company Participants Albert Carey - Executive Chairman Edmund Ingle - CEO A.J. Eaker - Treasurer Conference Call Participants Anthony Lebiedzinski - Sidoti A.J.
Unifi (UFI) came out with a quarterly loss of $0.39 per share versus the Zacks Consensus Estimate of a loss of $0.47. This compares to earnings of $0.11 per share a year ago.
Unifi (UFI) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Unifi shares have fallen 14% YTD, but there are signs of demand recovery and profitability improvement in Q3 2023. Factors such as normalization of inflation, revenue growth in the US and Asian segments, and cost control measures could boost the company's share price. UFI stock is currently undervalued compared to historical data and industry averages, presenting a potential opportunity for long positions.
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