UNIFI, Inc. New (UFI)
Unifi, Inc. (UFI) is a global manufacturer of textured and dyed and finished synthetic and other fibers, yarns, and related products primarily used in the apparel, activewear, consumer goods, and industrial markets. Founded in 1971 and headquartered in Greensboro, North Carolina, the company is known for its innovative fiber technologies and sustainable manufacturing practices, serving customers worldwide with a focus on performance and eco-friendly solutions.
Company News
Three apparel manufacturers are experiencing significant drops in their growth scores due to declining revenues, weak sales channels, and poor forward guidance.
Unifi (UFI) delivered earnings and revenue surprises of 17.02% and 2.14%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
UFI earnings call for the period ending September 26, 2021.