Unifi, Inc. (UFI) Tops Q2 EPS by 2c

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Unifi Announces Second Quarter Fiscal 2017 Results

January 25, 2017 7:00 AM EST

GREENSBORO, N.C., Jan. 25, 2017 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI), one of the world's leading innovators in synthetic and recycled yarns, today released operating results for the second quarter ended December 25, 2016.

Second Quarter and Year-to-Date Fiscal 2017 Highlights

Volume, measured by pounds sold, increased by more than 10% for the second quarter and first six months of fiscal 2017 compared to the second quarter and first six months of fiscal 2016, driven by the strength of the international premium value-added ("PVA") portfolio; Gross margin increased to 14.3% for the... More