UFI

UNIFI®, Makers of REPREVE®, Announces Seventh Annual Champions of Sustainability Award Winners

Retrieved on: 
Jeudi, mai 16, 2024
Recycling, Chemicals, Plastics, Environment, Manufacturing, Sustainability, Other Manufacturing, Textiles, LoveSac, UFI

UNIFI, Inc. (NYSE: UFI ) (together with its consolidated subsidiaries, “UNIFI”), the makers of REPREVE and one of the world’s leading innovators in recycled and synthetic yarns, today announced its seventh annual REPREVE Champions of Sustainability Award recipients.

Key Points: 
  • UNIFI, Inc. (NYSE: UFI ) (together with its consolidated subsidiaries, “UNIFI”), the makers of REPREVE and one of the world’s leading innovators in recycled and synthetic yarns, today announced its seventh annual REPREVE Champions of Sustainability Award recipients.
  • These annual awards celebrate the industry pioneers who have recycled over 40 billion plastic bottles into new products through REPREVE.
  • UNIFI looks forward to continued innovation and positive impact alongside our extraordinary partners.”
    Since 1971, UNIFI has spearheaded textile industry innovation.
  • Together, we are evolving industry standards and inspiring transformation.”
    A full list of the 2024 REPREVE Champions of Sustainability honorees is available by visiting repreve.com/champions-of-sustainability .

UNIFI®, Makers of REPREVE®, Announces Third Quarter Fiscal 2024 Results

Retrieved on: 
Mercredi, mai 8, 2024
Fashion, Recycling, Retail, Chemicals, Plastics, Environment, Manufacturing, Textiles, Ingle, Capital, ...Continued, Segment, Capital expenditure, Operating cost, UFI, EPS, Eastern Time Zone, Adjustment, GAAP, Growth, Airline

Unifi, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, “UNIFI”), makers of REPREVE and one of the world’s leading innovators in recycled and synthetic yarns, today released operating results for the third fiscal quarter ended March 31, 2024.

Key Points: 
  • Unifi, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, “UNIFI”), makers of REPREVE and one of the world’s leading innovators in recycled and synthetic yarns, today released operating results for the third fiscal quarter ended March 31, 2024.
  • Net sales were $149.0 million, an increase of 9% from the second quarter of fiscal 2024, driven by higher sales volumes.
  • Adjusted EBITDA* was ($0.8) million, compared to ($5.5) million for the previous quarter; and Adjusted Net Loss* was $10.3 million, compared to $14.7 million.
  • UNIFI will provide additional commentary regarding its third quarter fiscal 2024 results and other developments during its earnings conference call on May 9, 2024, at 9:00 a.m., Eastern Time.

UNIFI, Makers of REPREVE®, Schedules Third Quarter Fiscal 2024 Earnings Conference Call

Retrieved on: 
Lundi, avril 29, 2024
Recycling, Chemicals, Plastics, Environment, Manufacturing, Sustainability, Green Technology, Textiles, Unifi, Domestic, International, UFI, UV, Eastern Time Zone

The third quarter fiscal 2024 financial results and supporting materials will be available after the close of market trading on Wednesday, May 8, 2024, on the Company’s website at http://investor.unifi.com .

Key Points: 
  • The third quarter fiscal 2024 financial results and supporting materials will be available after the close of market trading on Wednesday, May 8, 2024, on the Company’s website at http://investor.unifi.com .
  • The conference call can be accessed approximately 10 minutes prior to the beginning of the call by dialing (800) 715-9871 (Domestic) or (646) 307-1963 (International) and, when prompted, providing conference ID number 9023011.
  • There will also be a live audio webcast of the call, which can be accessed on the Company’s website at http://investor.unifi.com .
  • A replay of the conference call will be available approximately two hours following the call through Thursday, May 16, 2024, and can be accessed via the Company’s website at http://investor.unifi.com .

Music China Returns in 2024 with Enhanced Quality Boosted by UFI Certification

Retrieved on: 
Vendredi, mars 29, 2024
Music, UFI, Certification, Union, Communication, Acoustics, Exhibition, Entertainment

SHANGHAI, March 29, 2024 /PRNewswire/ -- Music China will come back on October 10th -13th, 2024, at the Shanghai New International Exhibition Centre (SNIEC).

Key Points: 
  • SHANGHAI, March 29, 2024 /PRNewswire/ -- Music China will come back on October 10th -13th, 2024, at the Shanghai New International Exhibition Centre (SNIEC).
  • Music China is now a UFI (Union of international Fairs) approved international event.
  • This is undoubtedly an international recognition of Music China's outstanding status and wide influence in the global musical instrument industry.
  • This certification not only demonstrates the excellent quality of Music China as a world-class exhibition, but also means that it will provide global exhibitors and visitors with a higher standard and higher quality communication and cooperation platform.

CES Audit Confirms Decision Makers Flocked to 2024 Show

Retrieved on: 
Jeudi, mars 28, 2024
LAS, Consumer Technology Association, UFI, CES, CTA, Growth, Audit

LAS VEGAS, March 28, 2024 /PRNewswire/ -- The Consumer Technology Association (CTA)® announced its final attendance data for CES® 2024—the world's most powerful tech event—revealing 15% growth in the number of senior-level executives attending the show compared to the previous year. 138,739 participants from across the globe converged in Las Vegas to explore groundbreaking technologies across 40+ categories. A record 1442 companies exhibited on the show's startup floor, Eureka Park.

Key Points: 
  • CES 2024—the world's most powerful tech event—saw 15% growth of senior executives and 138,739 total global participants.
  • "Executives and business decision makers see the value in face-to-face meetings and access to global media, which only a show like CES can provide.
  • "We were thrilled not just to welcome more than 138,000 people to CES 2024, but to back up those numbers with an independent audit," said Kinsey Fabrizio, President, CTA.
  • CES 2025 will return to Las Vegas from January 7-10, 2025, promising another groundbreaking showcase of innovation and collaboration.

UNIFI®, Makers of REPREVE®, Commits to Transforming the Equivalent of 1.5 Billion T-Shirts Worth of Textile and Yarn Waste by FY2030 in New Sustainability Snapshot

Retrieved on: 
Mercredi, février 28, 2024
Chemicals, Plastics, Environment, Manufacturing, Sustainability, Other Manufacturing, Textiles, Unifi, Sustainability Accounting Standards Board, Sustainability accounting, Snapshot, UFI, Recycling, GRI

UNIFI, Inc. (NYSE: UFI ) (together with its consolidated subsidiaries, “UNIFI”), makers of REPREVE and one of the world’s leading innovators in recycled and synthetic yarns, today released its Sustainability Snapshot for FY2023.

Key Points: 
  • UNIFI, Inc. (NYSE: UFI ) (together with its consolidated subsidiaries, “UNIFI”), makers of REPREVE and one of the world’s leading innovators in recycled and synthetic yarns, today released its Sustainability Snapshot for FY2023.
  • The Snapshot shares impactful updates on UNIFI’s innovative sustainability mission, waste reduction achievements, and future goals.
  • With its release, UNIFI debuted its pioneering T-shirt equivalent metric and set an ambitious textile-to-textile recycling target to transform the equivalent of 1.5 billion T-shirts worth of textile and yarn waste into new products by FY2030.
  • The Snapshot has been guided by the Global Reporting Initiative (GRI) and Sustainability Accounting Standards Board (SASB) frameworks.

UFI and PARAMETA Announce Strategic Partnership to Advance Blockchain Solutions for Real-World Assets

Retrieved on: 
Mardi, février 6, 2024
Parameta, Partnership, Tom Kim, Non-fungible token, Research, UFI, GROW, Acquisition, Cryptocurrency

SINGAPORE, Feb. 6, 2024 /PRNewswire/ -- UFI, a renowned fintech firm operating in the blockchain industry, and PARAMETA, a leading blockchain software solution provider in Korea, are excited to announce a strategic partnership aimed at revolutionizing the world of blockchain technology.

Key Points: 
  • SINGAPORE, Feb. 6, 2024 /PRNewswire/ -- UFI, a renowned fintech firm operating in the blockchain industry, and PARAMETA, a leading blockchain software solution provider in Korea, are excited to announce a strategic partnership aimed at revolutionizing the world of blockchain technology.
  • As a web3-enabler, PARAMETA provides core blockchain products that encompass wallets, NFTs, and Layer 1 blockchain solutions.
  • UFI and PARAMETA will pool their resources and expertise to create cutting-edge products and services designed to bridge the gap between traditional assets and blockchain technology.
  • "We are excited about this partnership with PARAMETA," said Sean Kim, CEO at UFI.

UNIFI®, Makers of REPREVE®, Announces Profitability Improvement Plan and Leadership Promotions

Retrieved on: 
Mercredi, janvier 31, 2024
Environment, Textiles, Chemicals, Plastics, Sustainability, Home Goods, Manufacturing, Fashion, Recycling, Retail, Footwear, Ingle, Interim, Growth, Senior, Unifi, Calendar, General counsel, Textile industry, UFI, Publication, Comptroller, Government, Corporation, Record, Innovation, Profit (economics), Eastern Time Zone, Management

Additionally, the transformation of our sales processes will serve as a direct catalyst to improve gross margins and operational efficiencies.

Key Points: 
  • Additionally, the transformation of our sales processes will serve as a direct catalyst to improve gross margins and operational efficiencies.
  • Collectively these actions will better prepare the business to deliver stronger results as our industry pivots to growth in calendar 2024.
  • The Board and I are thrilled to complete the leadership appointments and promotions, as they will make strong impacts on their respective teams and help drive the future growth of our Company.”
    UNIFI began the implementation of an extensive Profitability Improvement Plan in December 2023.
  • The second part of the Profitability Improvement Plan is focused on gross margin expansion initiatives through a transformation of the Company’s sales process.

UNIFI®, Makers of REPREVE®, Announces Second Quarter Fiscal 2024 Results

Retrieved on: 
Mercredi, janvier 31, 2024
Fashion, Retail, Chemicals, Plastics, Environment, Manufacturing, Other Manufacturing, Textiles, Ingle, EPS, Growth, GAAP, Calendar, Debt, Segment, Capital, Capital expenditure, UFI, Adjustment, ...Continued, Operating cost, Eastern Time Zone, Video game

Unifi, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, “UNIFI”), makers of REPREVE and one of the world’s leading innovators in recycled and synthetic yarns, today released operating results for the second fiscal quarter ended December 31, 2023.

Key Points: 
  • Unifi, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, “UNIFI”), makers of REPREVE and one of the world’s leading innovators in recycled and synthetic yarns, today released operating results for the second fiscal quarter ended December 31, 2023.
  • Net sales were $136.9 million, an increase of 0.5% from the second quarter of fiscal 2023, driven by higher sales volumes that were muted by lower pricing in response to lower raw material costs.
  • Adjusted EBITDA, which also excludes $5.1 million of restructuring costs, was ($5.5) million, compared to ($13.0) million for the second quarter of fiscal 2023.
  • Additionally, UNIFI expects sequential improvement from the third quarter to the fourth quarter of fiscal 2024.

UNIFI, Makers of REPREVE®, Schedules Second Quarter Fiscal 2024 Earnings Conference Call

Retrieved on: 
Mercredi, janvier 24, 2024
Sustainability, Textiles, Environment, Manufacturing, UFI, Unifi, International, UV, Eastern Time Zone, Domestic

Unifi, Inc. (NYSE: UFI), (together with its consolidated subsidiaries, “UNIFI”), makers of REPREVE and one of the world’s leading innovators in recycled and synthetic yarns, will host a conference call at 8:30 a.m., Eastern Time, on Thursday, February 1, 2024, to discuss its second quarter fiscal 2024 financial results.

Key Points: 
  • Unifi, Inc. (NYSE: UFI), (together with its consolidated subsidiaries, “UNIFI”), makers of REPREVE and one of the world’s leading innovators in recycled and synthetic yarns, will host a conference call at 8:30 a.m., Eastern Time, on Thursday, February 1, 2024, to discuss its second quarter fiscal 2024 financial results.
  • The second quarter fiscal 2024 financial results and supporting materials will be available after the close of market trading on Wednesday, January 31, 2024 on the Company’s website at http://investor.unifi.com .
  • The conference call can be accessed approximately 10 minutes prior to the beginning of the call by dialing (800) 715-9871 (Domestic) or (646) 307-1963 (International) and, when prompted, providing conference ID number 5079644.
  • There will also be a live audio webcast of the call, which can be accessed on the Company’s website at http://investor.unifi.com .