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), 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.
Unifi (NYSE: UFI), a leader in recycled and synthetic yarn, announced plans to transition production from its Madison, North Carolina facility and put the property up for sale in 2025. The company will consolidate production into its existing facilities across North and Central America.
The strategic move aims to improve efficiency, lower fixed costs, and enhance profitability without impacting sales volume or production capacity. The consolidation will increase utilization rates at remaining facilities and improve fixed cost absorption. Proceeds from the property sale will be used to reduce existing debt.
The company will relocate certain equipment to maintain business continuity and customer service levels. UNIFI is offering existing Madison employees opportunities at other North Carolina facilities to ensure a smooth transition. Additional details will be provided during the company's Q2 fiscal 2025 earnings call on February 6, 2025.
Unifi (NYSE: UFI), a leading innovator in recycled and synthetic yarn, has announced its upcoming second quarter fiscal 2025 earnings conference call. The call is scheduled for Thursday, February 6, 2025, at 8:00 a.m. Eastern Time. The company will release its Q2 FY2025 financial results and supporting materials after market close on Wednesday, February 5, 2025.
Investors can access the conference call by dialing (646) 968-2525 (Domestic) or (888) 596-4144 (International) with conference ID 2916290. A live audio webcast will be available on the company's investor website. A replay of the call will be accessible until February 13, 2025, and presentation slides will remain available on the website for 12 months following the call.
Unifi (NYSE: UFI) reported Q1 fiscal 2025 results with net sales of $147.4 million, up 6% year-over-year. REPREVE Fiber products generated $44.7 million, representing 30% of net sales. The company posted a net loss of $7.6 million ($0.42 per share), improving from a $13.3 million loss in Q1 fiscal 2024. Gross profit was $9.5 million with a 6.4% margin. The company secured an additional $25 million credit facility and expects 10% net sales growth for fiscal 2025, with significant improvements in gross profit and margins.
Unifi (NYSE: UFI), a leader in recycled and synthetic yarn manufacturing, has announced its first quarter fiscal 2025 earnings conference call scheduled for October 31, 2024, at 9:00 a.m. Eastern Time. The company will release its financial results and supporting materials after market close on October 30, 2024. The call will be accessible via phone and webcast, with presentation slides available on the company's investor website for 12 months following the call. A replay will be available through November 7, 2024.
Unifi (NYSE: UFI), an innovator in recycled and synthetic yarn, announced its fourth quarter and fiscal 2024 results. Net sales for Q4 were $157.5 million, a 6% increase from Q3, driven by higher sales volumes. Revenues from REPREVE Fiber products reached $53.6 million, representing 34% of net sales.
Gross profit improved to $10.8 million, with a 6.9% gross margin. The net loss narrowed to $4.0 million, or $0.22 per share, from $10.3 million in Q3. Adjusted EBITDA was $5.9 million, up from ($0.8) million in the previous quarter. For fiscal 2025, Unifi expects double-digit revenue growth, enhanced margins, and increased profitability due to strategic initiatives and product innovations.
Fiscal year net sales were $582.2 million, down from $623.5 million in the previous year, reflecting lower raw material costs and selling prices. The net loss for the year was $47.4 million, compared to $46.3 million in fiscal 2023. Unifi plans capital expenditures of $10-12 million for fiscal 2025 to support growth initiatives.
UNIFI, Inc. (NYSE: UFI) has launched two new circular polyester products made from textile waste: white filament yarn and ThermaLoop™ insulation. These products, powered by UNIFI's proprietary Textile Takeback™ process, expand the REPREVE® portfolio, making it the largest offering of regenerated performance polyester globally. The new products are made from 100% recycled polyester feedstock, with at least 50% textile waste, and achieve virgin-quality standards.
The white, dyeable filament yarn is designed for critical applications across industries, while ThermaLoop™ insulation offers performance in down-like fiber, fiberball, and padding forms. Both products are available globally and can be integrated into existing supply chains. This launch supports UNIFI's goal to recycle 1.5 billion T-shirts' worth of textile waste by fiscal year 2030.
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