Associated tags: ESG, UFI, Manufacturing, Textiles, Environment, NYSE, Recycling, Eastern Time Zone, Chemicals, Plastics, Unifi, Retail, Sustainability, Other Manufacturing, Fashion, Ingle, Calendar
Locations: UNITED STATES, NORTH AMERICA, NORTH CAROLINA, BRAZIL, ASIA, AMERICAS
Fashion,
Recycling,
Retail,
Chemicals,
Plastics,
Environment,
Manufacturing,
Textiles,
Ingle,
Capital,
...Continued,
Segment,
Capital expenditure,
Operating cost,
UFI,
EPS,
Eastern Time Zone,
Adjustment,
GAAP,
Growth,
Airline 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.
Key Points:
- 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.
- Net sales were $149.0 million, an increase of 9% from the second quarter of fiscal 2024, driven by higher sales volumes.
- Adjusted EBITDA* was ($0.8) million, compared to ($5.5) million for the previous quarter; and Adjusted Net Loss* was $10.3 million, compared to $14.7 million.
- UNIFI will provide additional commentary regarding its third quarter fiscal 2024 results and other developments during its earnings conference call on May 9, 2024, at 9:00 a.m., Eastern Time.
Recycling,
Chemicals,
Plastics,
Environment,
Manufacturing,
Sustainability,
Green Technology,
Textiles,
Unifi,
Domestic,
International,
UFI,
UV,
Eastern Time Zone 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 .
Key Points:
- 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, when prompted, providing conference ID number 9023011.
- There will also be a live audio webcast of the call, which can be accessed on the Company’s website at http://investor.unifi.com .
- A replay of the conference call will be available approximately two hours following the call through Thursday, May 16, 2024, and can be accessed via the Company’s website at http://investor.unifi.com .
Retrieved on:
Wednesday, February 28, 2024
Chemicals,
Plastics,
Environment,
Manufacturing,
Sustainability,
Other Manufacturing,
Textiles,
Unifi,
Sustainability Accounting Standards Board,
Sustainability accounting,
Snapshot,
UFI,
Recycling,
GRI 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.
Key Points:
- 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 FY2030.
- The Snapshot has been guided by the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) frameworks.
Retrieved on:
Wednesday, January 31, 2024
Environment,
Textiles,
Chemicals,
Plastics,
Sustainability,
Home Goods,
Manufacturing,
Fashion,
Recycling,
Retail,
Footwear,
Ingle,
Interim,
Growth,
Senior,
Unifi,
Calendar,
General counsel,
Textile industry,
UFI,
Publication,
Comptroller,
Government,
Corporation,
Record,
Innovation,
Profit (economics),
Eastern Time Zone,
Management Additionally, the transformation of our sales processes will serve as a direct catalyst to improve gross margins and operational efficiencies.
Key Points:
- Additionally, the transformation of our sales processes will serve as a direct catalyst to improve gross margins and operational efficiencies.
- Collectively these actions will better prepare the business to deliver stronger results as our industry pivots to growth in calendar 2024.
- The Board and I are thrilled to complete the leadership appointments and promotions, as they will make strong impacts on their respective teams and help drive the future growth of our Company.”
UNIFI began the implementation of an extensive Profitability Improvement Plan in December 2023.
- The second part of the Profitability Improvement Plan is focused on gross margin expansion initiatives through a transformation of the Company’s sales process.
Retrieved on:
Wednesday, January 31, 2024
Fashion,
Retail,
Chemicals,
Plastics,
Environment,
Manufacturing,
Other Manufacturing,
Textiles,
Ingle,
EPS,
Growth,
GAAP,
Calendar,
Debt,
Segment,
Capital,
Capital expenditure,
UFI,
Adjustment,
...Continued,
Operating cost,
Eastern Time Zone,
Video game 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.
Key Points:
- 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.
- 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.
- Adjusted EBITDA, which also excludes $5.1 million of restructuring costs, was ($5.5) million, compared to ($13.0) million for the second quarter of fiscal 2023.
- Additionally, UNIFI expects sequential improvement from the third quarter to the fourth quarter of fiscal 2024.
Retrieved on:
Wednesday, January 24, 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, 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.
Key Points:
- 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 (International) and, when prompted, providing conference ID number 5079644.
- There will also be a live audio webcast of the call, which can be accessed on the Company’s website at http://investor.unifi.com .
Retrieved on:
Wednesday, November 1, 2023
Fashion,
Retail,
Chemicals,
Plastics,
Environment,
Manufacturing,
Textiles,
Adjustment,
Ingle,
Operating cost,
NYSE,
Eastern Time Zone,
Depression,
Public expenditure,
EBITDA,
Absorption,
GAAP,
Debt,
Brazil,
Segment,
EPS,
UFI,
Calendar,
Bank,
Video game,
Bookkeeping,
Textile Net sales were $138.8 million, a decrease of 22.7% from the first quarter of fiscal 2023, primarily due to weak apparel demand from brands and retailers.
Key Points:
- Net sales were $138.8 million, a decrease of 22.7% from the first quarter of fiscal 2023, primarily due to weak apparel demand from brands and retailers.
- Gross loss was $0.6 million, gross margin was (0.4)%, and each was adversely impacted by lower apparel demand.
- UNIFI expects second quarter fiscal 2024 net sales, Adjusted EBITDA, and capital expenditures to be generally consistent with first quarter fiscal 2024 results, and the effective tax rate is expected to demonstrate continued volatility.
- UNIFI will provide additional commentary regarding its first quarter 2024 results and other developments during its earnings conference call on November 2, 2023, at 9:00 a.m., Eastern Time.
Retrieved on:
Wednesday, October 25, 2023
Recycling,
Environment,
Manufacturing,
Sustainability,
Other Manufacturing,
Textiles,
Unifi,
Domestic,
UV,
NYSE,
Eastern Time Zone,
UFI,
International Unifi, Inc. (NYSE: UFI), 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, November 2, 2023, to discuss its first quarter fiscal 2024 financial results.
Key Points:
- Unifi, Inc. (NYSE: UFI), 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, November 2, 2023, to discuss its first quarter fiscal 2024 financial results.
- The first quarter fiscal 2024 financial results and supporting materials will be available after the close of market trading on Wednesday, November 1, 2023 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 7752997.
- There will also be a live audio webcast of the call, which can be accessed on the Company’s website at http://investor.unifi.com .
Retrieved on:
Wednesday, August 23, 2023
Recycling,
Environment,
Manufacturing,
Sustainability,
Green Technology,
Textiles,
Operating cost,
Capital expenditure,
Eastern Time Zone,
Debt,
Calendar,
Segment,
GAAP,
Absorption,
UFI,
EPS,
Ingle,
Adjustment,
NYSE,
Retail,
Bank,
Video game,
Unifi 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 fourth fiscal quarter and fiscal year ended July 2, 2023.
Key Points:
- 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 fourth fiscal quarter and fiscal year ended July 2, 2023.
- Eddie Ingle, Chief Executive Officer of Unifi, said, “Our fourth quarter fiscal 2023 results reflect continued demand instability across apparel and textile supply chains, which were once again impacted by low levels of brand and retailer demand.
- UNIFI expects first quarter fiscal 2024 net sales and Adjusted EBITDA to be generally consistent with fourth quarter fiscal 2023 results.
- UNIFI will provide additional commentary regarding its fourth quarter and fiscal 2023 results and other developments during its earnings conference call on August 24, 2023, at 8:30 a.m., Eastern Time.
Retrieved on:
Wednesday, August 9, 2023
Recycling,
Environment,
Manufacturing,
Sustainability,
Green Technology,
Textiles,
Domestic,
UFI,
Unifi,
UV,
International,
NYSE,
Eastern Time Zone Unifi, Inc. (NYSE: UFI), 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, August 24, 2023, to discuss its fourth quarter fiscal 2023 financial results.
Key Points:
- Unifi, Inc. (NYSE: UFI), 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, August 24, 2023, to discuss its fourth quarter fiscal 2023 financial results.
- The fourth quarter fiscal 2023 financial results and supporting materials will be available after the close of market trading on Wednesday, August 23, 2023 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 4926275.
- There will also be a live audio webcast of the call, which can be accessed on the Company’s website at http://investor.unifi.com .
