Associated tags: ESG, UFI, Manufacturing, Textiles, Environment, NYSE, Recycling, Eastern Time Zone, Chemicals, Plastics, Unifi, Retail, Sustainability, Other Manufacturing, Fashion, Ingle, Calendar
Locations: UNITED STATES, NORTH AMERICA, NORTH CAROLINA, BRAZIL, ASIA, AMERICAS
Retrieved on:
Tuesday, October 29, 2019
Adjusted EBITDA represents EBITDA adjusted to exclude equity in loss of PAL and, from time to time, certain other adjustments necessary to understand and compare the underlying results of Unifi.
Key Points:
- Adjusted EBITDA represents EBITDA adjusted to exclude equity in loss of PAL and, from time to time, certain other adjustments necessary to understand and compare the underlying results of Unifi.
- Equity in loss of PAL is excluded from Adjusted EBITDA because such results do not reflect our operating performance.
- You should compensate for these limitations by relying primarily on our GAAP results and using these measures only as supplemental information.
- All such factors are difficult to predict, contain uncertainties that may materially affect actual results and may be beyond our control.
Retrieved on:
Tuesday, October 15, 2019
GREENSBORO, N.C., Oct. 15, 2019 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI) will host a conference call at 8:30 a.m., Eastern Time, on Tuesday, October 29, 2019, to discuss its first quarter fiscal 2020 financial results.
Key Points:
- GREENSBORO, N.C., Oct. 15, 2019 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI) will host a conference call at 8:30 a.m., Eastern Time, on Tuesday, October 29, 2019, to discuss its first quarter fiscal 2020 financial results.
- The first quarter fiscal 2020 financial results and supporting materials will be available beginning the morning of the call 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 (877) 359-9508 (Domestic) or (224) 357-2393 (International) and, when prompted, providing conference ID number 1839138.
- Unifi collaborates with many of the world's most influential brands in the sports apparel, fashion, home, automotive and other industries.
Retrieved on:
Tuesday, September 3, 2019
GREENSBORO, N.C., Sept.3, 2019 /PRNewswire/ --Unifi, Inc. (NYSE: UFI), one of the world's leading innovators in recycled and synthetic yarns, today announced the appointment of Craig A. Creaturo as Executive Vice President & Chief Financial Officer, effective September 9, 2019.
Key Points:
- GREENSBORO, N.C., Sept.3, 2019 /PRNewswire/ --Unifi, Inc. (NYSE: UFI), one of the world's leading innovators in recycled and synthetic yarns, today announced the appointment of Craig A. Creaturo as Executive Vice President & Chief Financial Officer, effective September 9, 2019.
- Christopher A. Smosna, who has served as Interim Chief Financial Officer since December 2018, will continue in his role as Vice President & Treasurer.
- Commenting on the appointment, Unifi's President & Chief Operating Officer, Tom Caudle, said: "Craig has over 15 years of experience as an executive leader for finance and accounting teams at businesses with complex manufacturing and global operations.
- Creaturo recently served as Chief Financial Officer & Vice President-Administration of Chromalox, Inc., an advanced thermal technologies manufacturing company, from February 2015 to March 2019.
Retrieved on:
Wednesday, August 7, 2019
Operating income was $5.3 million, compared to $9.3 million for the fourth quarter of fiscal 2018.
Key Points:
- Operating income was $5.3 million, compared to $9.3 million for the fourth quarter of fiscal 2018.
- "Despite the persistent headwinds we faced throughout fiscal 2019, we achieved our fourth quarter volume and profitability expectations, made progress towards revitalizing our position in the Americas, and exited fiscal 2019 with momentum," said Tom Caudle, President & Chief Operating Officer of Unifi.
- However, unfavorable foreign currency translation of $4.1 million decreased net sales in the fourth quarter of fiscal 2019 to $179.5 million, compared to $181.3 million.
- The Company will provide additional commentary regarding its fourth quarter and fiscal 2019 results and other developments during its earnings conference call on August 7, 2019, at 8:30 a.m., Eastern Time.
GREENSBORO, N.C., July 22, 2019 /PRNewswire/ --Unifi, Inc. (NYSE: UFI) will host a conference call at 8:30 a.m., Eastern Time, on Wednesday, August 7, 2019, to discuss its fourth quarter fiscal 2019 financial results.
Key Points:
- GREENSBORO, N.C., July 22, 2019 /PRNewswire/ --Unifi, Inc. (NYSE: UFI) will host a conference call at 8:30 a.m., Eastern Time, on Wednesday, August 7, 2019, to discuss its fourth quarter fiscal 2019 financial results.
- The fourth quarter fiscal 2019 financial results and supporting materials will be available beginning the morning of the call 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 (877) 359-9508 (Domestic) or (224) 357-2393 (International) and, when prompted, providing conference ID number 9381187.
- A replay of the conference call will be available approximately two hours following the call through August 14, 2019 and can be accessed via the Company's website at http://investor.unifi.com .
This is evidenced by leading global yarn producer, Unifi Manufacturing, Inc., who placed a significant order for these revolutionary machines today, the first day of the trade fair.
Key Points:
- This is evidenced by leading global yarn producer, Unifi Manufacturing, Inc., who placed a significant order for these revolutionary machines today, the first day of the trade fair.
- "Unifi is proud to collaborate with Oerlikon Barmag on its innovative new texturing technology that is positioned to revolutionize yarn manufacturing," said Tom Caudle, president and chief operating officer of Unifi.
- The EvoCooler also enables extremely even yarn dyeing and provides significant benefits using no additional energy compared to current offerings.
- Unifi, Inc. (NYSE: UFI) is a global textile solutions provider and one of the world's leading innovators in manufacturing synthetic virgin and recycled performance fibers.
Net sales in the third quarter of fiscal 2019 increased to $180.0 million, compared to $165.9 million for the third quarter of fiscal 2018.
Key Points:
- Net sales in the third quarter of fiscal 2019 increased to $180.0 million, compared to $165.9 million for the third quarter of fiscal 2018.
- Gross margin was 7.7% for the third quarter of fiscal 2019, compared to 10.0% for the third quarter of fiscal 2018.
- Operating income for the third quarter of fiscal 2019 was $0.8 million compared to $1.6 million for the third quarter of fiscal 2018.
- EPS was ($0.08) for the third quarter of fiscal 2019 compared to $0.01 for the third quarter of fiscal 2018.
GREENSBORO, N.C., April 16, 2019 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI) will host a conference call at 8:30 a.m., Eastern Time, on Wednesday, May 1, 2019, to discuss its third quarter fiscal 2019 financial results.
Key Points:
- GREENSBORO, N.C., April 16, 2019 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI) will host a conference call at 8:30 a.m., Eastern Time, on Wednesday, May 1, 2019, to discuss its third quarter fiscal 2019 financial results.
- The third quarter fiscal 2019 financial results and supporting materials will be available beginning the morning of the call 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 (877) 359-9508 (Domestic) or (224) 357-2393 (International) and, when prompted, providing conference ID number 5128028.
- A replay of the conference call will be available approximately two hours following the call through May 8, 2019 and can be accessed via the Company's website at http://investor.unifi.com .
Unifi's Board of Directors said, "weare grateful to Kevin for his service and leadership of Unifi over the past two years.
Key Points:
- Unifi's Board of Directors said, "weare grateful to Kevin for his service and leadership of Unifi over the past two years.
- Mr. Carey commented, "Unifi is a fundamentally strong company with great business opportunities and tremendous talent.
- Unifi collaborates with many of the world's most influential brands in the sports apparel, fashion, home, automotive and other industries.
- For news updates from Unifi, visit https://unifi.com/news or follow Unifi on Twitter @UnifiSolutions.
Retrieved on:
Monday, February 11, 2019
Mara Hoffman is known for its unique and focused commitment to sustainability.
Key Points:
- Mara Hoffman is known for its unique and focused commitment to sustainability.
- "Mara Hoffman exemplifies integrating sustainability and innovation for the good of tomorrow," said Helen Sahi, Vice President of Global Corporate Sustainability, Unifi.
- We congratulate Mara Hoffman and applaud their continued commitment to be an advocate, partner and ultimately, a leader in this effort."
- Mara Hoffman continually challenges its team to implement sustainable processes and production in order to set new standards in achieving sustainability.
