Unifi, Inc. (UFI) Tops Q3 EPS by 60c

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UNIFI®, Makers of REPREVE®, Announces Third Quarter Fiscal 2023 Results

May 3, 2023 4:15 PM EDT

Sequential sales and profitability improved significantly with initial apparel production recovery

Liquidity position remains healthy, bolstered by prudent cost control measures

GREENSBORO, N.C.--(BUSINESS WIRE)-- Unifi, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, UNIFI), makers of REPREVE and one of the worlds leading innovators in recycled and synthetic yarns, today released operating results for the third fiscal quarter ended April 2, 2023.

Third Quarter Fiscal 2023 Overview

Net sales were $156.7 million, up 15.1% sequentially, yet pressured by near-term... More