Fiscal Q2 results were disappointing, with revenue growth of only 1% YoY and a sequential decline, alongside a wider adjusted EBITDA loss and gross margin pressure. Apparel demand is still sluggish and inconsistent, with most retailers looking for modest growth in 2025 and more sales shifting toward discount categories. The company's REPREVE recycled fiber portfolio and new product launches offer growth potential, but visibility on sustained revenue and margin improvements is needed.
Unifi (UFI) came out with a quarterly loss of $0.86 per share versus the Zacks Consensus Estimate of a loss of $0.55. This compares to loss of $0.81 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 second fiscal quarter ended December 29, 2024. Second Quarter Fiscal 2025 Overview Net sales were $138.9 million, an increase of 1.4% from the second quarter of fiscal 2024, primarily driven by higher sales volumes. Revenues from REPREVE Fiber products were $43.3 million and represented 31% o.
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.