Profile
Sector:
Consumer CyclicalIndustry:
Textile ManufacturingCountry:
United StatesIPO:
17 March 1980Website:
http://unifi.comNext earnings report:
31 January 2025Last dividends:
29 April 1998Next dividends:
N/APrice
after hours | Fri, 01 Nov 2024 22:05:56 GMTDividend
Analysts recommendations
Institutional Ownership
UFI Latest News
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.
What type of business is Unifi?
Unifi, Inc., together with its subsidiaries, engages in the manufacture and sale of recycled and synthetic products in North America, Central America, South America, Asia, and Europe. Its polyester products include partially oriented yarn, textured, solution and package dyed, twisted, beamed, and draw wound yarns in virgin or recycled varieties; and nylon products comprise virgin or recycled textured, solution dyed, and spandex covered yarns. The company also provides recycled solutions made from pre-consumer and post-consumer waste, such as plastic bottle flakes, polyester polymer beads, and staple fiber. It offers recycled and synthetic products primarily to yarn manufacturers, knitters, and weavers that produces yarn and fabric for the apparel, hosiery, automotive, home furnishings, industrial, medical, and other end-use markets. The company sells its products through sales force and independent sales agents under the REPREVE brand. Unifi, Inc. was incorporated in 1969 and is headquartered in Greensboro, North Carolina.
What sector is Unifi in?
Unifi is in the Consumer Cyclical sector
What industry is Unifi in?
Unifi is in the Textile Manufacturing industry
What country is Unifi from?
Unifi is headquartered in United States
When did Unifi go public?
Unifi initial public offering (IPO) was on 17 March 1980
What is Unifi website?
https://unifi.com
Is Unifi in the S&P 500?
No, Unifi is not included in the S&P 500 index
Is Unifi in the NASDAQ 100?
No, Unifi is not included in the NASDAQ 100 index
Is Unifi in the Dow Jones?
No, Unifi is not included in the Dow Jones index
When was Unifi the previous earnings report?
No data
When does Unifi earnings report?
The next expected earnings date for Unifi is 31 January 2025