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Unifi Inc. reported earnings more than doubled in the first quarter ended September 26 as sales grew 38.5 percent. The producer of recycled and synthetic yarns raised its outlook for the year.
The following is management's discussion and analysis of certain significant factors that have affected UNIFI's operations, along with material changes in financial condition, during the periods included in the accompanying condensed consolidated financial statements. A reference to a "note" in this section refers to the accompanying notes to condensed consolidated financial statements. A reference to the "current period" refers to the three-month period ended March 28, 2021, while a reference to the "prior period" refers to the three-month period ended March 29, 2020. A reference to the "...
Unifi Announces Strong Third Quarter Fiscal 2021 Results Dynamic global business model and robust execution drives better than anticipated performance News provided by Share this article Share this article GREENSBORO, N.C., April 28, 2021 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI), one of the world's leading innovators in recycled and synthetic yarns, today released operating results for the third quarter of fiscal 2021, which ended March 28, 2021. Third Quarter Fiscal 2021 Overview Net sales were $178.9 million, an increase of 4.6% year-over-year, and an increase of 9.9% sequentially from the s...
Unifi Announces Significantly Improved Second Quarter Fiscal 2021 Results Stronger than expected performance and focused execution drives one of the best quarterly margin and profitability performances over the last decade News provided by Share this article GREENSBORO, N.C., Jan. 27, 2021 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI), one of the world's leading innovators in recycled and synthetic yarns, today released operating results for the second quarter of fiscal 2021, which ended December 27, 2020. Second Quarter Fiscal 2021 Overview Net sales were $162.8 million, a decrease of 4.0% year-...