Unifi, Inc. (UFI) Misses Q2 EPS by 9c

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Unifi Announces Second Quarter 2016 Results

January 20, 2016 7:05 PM EST

GREENSBORO, N.C., Jan. 20, 2016 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI) today released preliminary operating results for the second quarter ended December 27, 2015.  Net income for the second quarter ended December 27, 2015 was $6.5 million, or $0.36 per basic share, compared to net income of $9.4 million, or $0.52 per basic share, for the prior year second quarter.  The Company is reporting Adjusted Net Income of $6.9 million, or $0.38 of Adjusted EPS, for the second quarter of fiscal year 2016, compared to Adjusted Net Income of $9.0 million, or $0.50 of Adjusted EPS, for the prior year second quarter. The above results reflect... More