Unifi Provides Earnings Guidance for the First Quarter and Full Year of Fiscal Year 2025
August 21, 2024 at 04:15 pm EDT
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Unifi provided earnings guidance for the first quarter and full year of Fiscal year 2025. For the first quarter, the company expects Net sales between $147.0 million and $153.0 million.
For the full fiscal year 2025, the company expects Net sales to increase more than 10% over fiscal 2024, as underlying portfolio and REPREVE Fiber momentum continues while macroeconomic and inflationary uncertainties remain pronounced in the second half of calendar 2024.
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. 
