Unifi Announces Fourth Quarter and Fiscal 2018 Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/22/2026
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- UBS says bull market has further to run
- S&P 500 may pull back before midterms, but Citi says buy the dip
- Global yield relief evaporates as U.S. rates push back toward multi-decade peaks
- BofA's Hartnett sees dollar slump, risk selloff if bond intervention fails
- Applied Optoelectronics sets up $600M at-the-market stock offering
- Fannie Mae loses at least 10 senior executives amid departures - WSJ
- Wall St rises on the day but falls for the week; bond yields and Iran in focus
- One killed, three injured when man attacks Swedish school with sword
- Morgan Stanley course-corrects their semiconductor equipment outlook on demand
Unifi, Inc. (UFI) Tops Q4 EPS by 15c, Revenues Beat
August 2, 2018 7:37 AM EDTUnifi, Inc. (NYSE: UFI) reported Q4 EPS of $0.39, $0.15 better than the analyst estimate of $0.24. Revenue for the quarter came in at $181.3 million versus the consensus estimate of $179.41 million.
Fourth Quarter 2018 Highlights
Net sales increased $10.0 million, or 5.9%, to $181.3 million, compared to $171.3 million for the fourth quarter of fiscal 2017, and increased $12.1 million, or 7.1%, when excluding the impact of foreign currency translation.Revenues from premium value-added (\"PVA\") products grew 16% compared to the fourth quarter of fiscal 2017, and represented approximately 45% of consolidated net sales.Gross margin was 13.2%, compared to 16.0% for the fourth quarter of fiscal... More