Welcome to our dedicated page for Unifi news (Ticker: UFI), a resource for investors and traders seeking the latest updates and insights on Unifi stock.
Unifi Inc (UFI) delivers innovative textile solutions through vertically integrated manufacturing and sustainable practices. This news hub provides investors and industry professionals with authoritative updates on corporate developments, financial performance, and operational milestones.
Access timely press releases and analysis covering earnings reports, product innovations like REPREVE® recycled fiber, strategic partnerships, and sustainability initiatives. Our curated collection ensures transparent tracking of material events shaping Unifi's position in global apparel, automotive, and industrial markets.
Key focus areas include manufacturing expansions, recycled material advancements, and market-specific strategies across North America, Brazil, and Asia. Bookmark this page for convenient access to operational updates and industry leadership insights directly from Unifi's verified sources.
Unifi (NYSE: UFI), a leading manufacturer of recycled and synthetic yarns, has announced the sale of its Madison, North Carolina manufacturing facility for $45.0 million. The company will use $25.0 million of net proceeds to reduce its term loan to $67.0 million and $18.3 million to decrease revolving loans to $5.6 million, resulting in a total debt reduction of $43.3 million.
The strategic facility closure and production relocation to other North and Central American locations is expected to generate over $20.0 million in annual operating cost savings once transition and restructuring activities are completed. This move aims to optimize operations and improve profitability in UNIFI's Americas segment.
UNIFI, makers of REPREVE, reported Q3 fiscal 2025 results with net sales of $146.6 million, down 1.6% from Q3 2024. The company posted a net loss of $16.8 million ($0.92 per share), compared to a $10.3 million loss in the previous year.
Key highlights:
- REPREVE Fiber products generated $44.7 million, representing 31% of net sales
- Gross loss was $0.4 million with -0.3% margin
- Adjusted EBITDA was -$4.9 million
The company announced plans to sell its Madison, North Carolina facility for $53.2 million, with proceeds intended for debt reduction. UNIFI expects annual cost savings of $20 million following manufacturing restructuring. Despite challenges, the company reports improved conditions in Americas segment and strategic transitions positioning it for future growth.
Unifi Inc. (NYSE: UFI), known for REPREVE® and synthetic yarn innovations, has announced its upcoming third quarter fiscal 2025 earnings conference call. The event is scheduled for Thursday, May 1, 2025, at 9:00 a.m. Eastern Time.
Financial results for Q3 FY2025 will be released after market close on Wednesday, April 30, 2025, and will be available on the company's investor relations website. Interested parties can join the call by dialing (800) 715-9871 (Domestic) or (646) 307-1963 (International) using conference ID 5495097.
A live audio webcast and presentation slides will be accessible on Unifi's investor website. The conference call replay will be available until May 8, 2025, with presentation materials remaining online for 12 months.
UNIFI, Inc. (NYSE: UFI) has launched REPREVE with CiCLO technology, a groundbreaking biodegradable recycled polyester and nylon solution. This innovation, developed in collaboration with Intrinsic Advanced Materials, enables synthetic yarns to break down naturally in environments like soil and seawater while maintaining performance qualities.
The technology incorporates a patented additive at the fiber level, allowing synthetic materials to mimic natural materials such as wool. This advancement specifically targets the environmental challenge of microplastic fiber pollution from synthetic textile shedding.
The solution is already being utilized by major brands including Bass Pro Shops, Billabong, Champion, Oakley, and Target. All REPREVE-branded products, including REPREVE Takeback and REPREVE Our Ocean, can be produced with the CiCLO additive. The technology will be showcased at the Functional Fabric Fair, April 14-16, 2025, in Oregon.
UNIFI (NYSE: UFI), creators of REPREVE®, has announced winners of its eighth annual Champions of Sustainability Awards, celebrating partners who helped recycle over 42 billion plastic bottles and reduce greenhouse gas emissions by 1.3 billion kilograms of CO2 equivalents.
Key winners include Nike, Target, Walmart, Polartec, and Texhong in the Billion Bottle Award category. New entrants Free Country and Swannies were recognized for surpassing 10 million bottles recycled. The awards introduced new categories highlighting textile-to-textile recycling pioneers, with Marmot and Faherty honored for circularity contributions.
According to UNIFI's verified FiberPrint® technology and lifecycle assessment data, these sustainability initiatives have reduced fossil fuel depletion by 41.4 billion megajoules and freshwater consumption by 6.5 billion gallons compared to virgin polyester use.
UNIFI (NYSE: UFI), creator of REPREVE®, has been named to Fast Company's World's Most Innovative Companies of 2025 in the Fashion and Apparel category. The company is recognized for its groundbreaking sustainability initiatives in bottle-to-textile and textile-to-textile recycling.
The company's innovative Textile Takeback™ process produces circular polyester and ThermaLoop™ insulation at commercial scale, utilizing post-industrial and post-consumer fabric waste. UNIFI has already recycled the equivalent of 950 million T-shirts' worth of textile and yarn waste, progressing toward their goal of 1.5 billion T-shirts by fiscal year 2030.
Additional sustainability targets include diverting 50 billion plastic bottles from landfills by the end of 2025 and reducing GHG emissions intensity by 30% by fiscal year 2030.
UNIFI (NYSE: UFI), maker of REPREVE® recycled yarns, has released its 2024 Sustainability Snapshot showcasing significant progress in textile-to-textile recycling. The company has launched REPREVE Takeback™, the world's largest performance circular polyester portfolio, and ThermaLoop™, an award-winning circular thermal insulation product.
Key achievements include:
- 950 million T-shirts' worth of textile and yarn waste recycled to date
- 42 billion plastic bottles diverted from landfills
- 8% reduction in Scope 1 and 2 GHG emissions
- Zero non-compliant water discharges
- REPREVE products representing 32% of FY2024 revenue
New life cycle assessments show ThermaLoop and REPREVE Takeback reduce GHG emissions by 42-77%, energy consumption by 47-84%, fossil fuel use by 48-85%, and freshwater consumption by 46-71% compared to virgin polyester. ThermaLoop has won the 2024 Just Style Award and 2025 SEAL Sustainable Product Award.
Unifi (NYSE: UFI) has launched Integr8™, a new multi-functional sustainable yarn that combines recycled materials with advanced performance features. The product, which includes REPREVE® recycled polyester, offers spandex-free stretch capabilities while delivering softness and moisture management properties.
The yarn is designed for multiple applications including apparel, footwear, and home furnishings, and can be used in woven, knit, and seamless products. Integr8™ will make its debut at the Première Vision Paris trade show from February 11-13.
According to CEO Eddie Ingle, this innovation addresses the market's demand for sustainable stretch materials that avoid the environmental impact associated with spandex.
Unifi Inc. (UFI) reported Q2 fiscal 2025 results with net sales of $138.9 million, up 1.4% from Q2 fiscal 2024, driven by higher sales volumes. REPREVE Fiber products generated $43.3 million in revenue, representing 31% of net sales.
The company reported a net loss of $11.4 million ($0.62 per share), compared to a net loss of $19.8 million ($1.10 per share) in Q2 fiscal 2024. Adjusted Net Loss was $15.7 million, excluding a $4.3 million gain from a warehouse sale. Gross profit decreased to $0.5 million from $1.6 million year-over-year.
The company announced plans to consolidate its U.S. manufacturing footprint to enhance operating efficiency and improve profitability. For fiscal 2025, Unifi expects net sales approximately equal to fiscal 2024, with improved second-half revenues and increased gross profit, gross margin, and Adjusted EBITDA compared to fiscal 2024.
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