Unifi, Inc. Provides Earnings Guidance for the Second Quarter and Full Year of Fiscal Year 2025
October 30, 2024 at 04:27 pm EDT
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Unifi, Inc. Provided Earnings Guidance for the second Quarter and Full Year of Fiscal Year 2025. For the period, the company expects Net sales between $140.0 million and $145.0 million.
For full year, the company expects Net sales to increase 10% over fiscal 2024, as underlying portfolio and REPREVE Fiber momentum continues while macroeconomic and inflationary uncertainties remain pronounced until calendar 2025.
UNIFI, Inc. specializes in fiber science and sustainable synthetic textiles. The Company, using recycling technology, is a pioneer in scaling the transformation of post-industrial and post-consumer waste into sustainable products. REPREVE, its brand of recycled performance fiber and resin. Its segments include Americas Segment, Brazil Segment and Asia Segment. It manufactures and sells recycled and synthetic products, made from polyester and nylon, primarily to other yarn manufacturers and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, medical, and other end-use markets. Its products include filament yarn, spun yarn, staple fiber, resin, and rPET Flake. Its performance technology includes anti-odor, color, comfort, moisture, protection, stretch, sustainable and temperature. The Company has direct manufacturing operations in four countries and participates in a joint venture operating in the United States.
UNIFI, INC. 
