Unifi, Inc. (UFI) Misses Q1 EPS by 2c

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Unifi Announces First Quarter 2016 Results

October 21, 2015 5:40 PM EDT

GREENSBORO, N.C., Oct. 21, 2015 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI) today released preliminary operating results for the first quarter ended September 27, 2015.  Net income for the first quarter ended September 27, 2015 was $8.0 million, or $0.45 per basic share, compared to net income of $7.1 million, or $0.39 per basic share, for the prior year first quarter.  The Company is reporting Adjusted Net Income of $8.1 million, or $0.45 of Adjusted EPS, for the first quarter of fiscal year 2016, compared to Adjusted Net Income of $6.8 million, or $0.37 of Adjusted EPS, for the prior year first quarter.  These results reflect improved... More