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UNIFI®, Makers of REPREVE®, Announces First Quarter Fiscal 2025 Results

Unifi, Inc. New (UFI) 
Last unifi, inc. new earnings: 4/30 05:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.unifi.com/investor-overview
Company Research Source: Business Wire
Sales and earnings results consistent with expectationsCompany reiterates year-over-year improvement for fiscal 2025 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 first fiscal quarter ended September 29, 2024.First Quarter Fiscal 2025 OverviewNet sales were $147.4 million, an increase of 6% from the first quarter of fiscal 2024, primarily driven by higher sales volumes.Revenues from REPREVE Fiber products were $44.7 million and represented 30% of net sales, compared to $42.5 million or 31% of net sales for the first quarter of fiscal 2024.Gross profit was $9.5 million and gross margin was 6.4%, representing a year-over-year improvement through existing cost-saving initiatives and increased productivity.Net loss was $7.6 million, or $0.42 per share, compared to a net loss of $13.3 million, or $0.73 per share, for the first qu Show less Read more
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