Unifi, Inc. (UFI) Tops Q4 EPS by 15c, Revenues Beat
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Unifi Announces Fourth Quarter and Fiscal 2018 Results
August 2, 2018 7:30 AM EDTGREENSBORO, N.C., Aug. 2, 2018 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI), one of the world's leading innovators in recycled and synthetic yarns, today released operating results for the fourth quarter and fiscal year ended June 24, 2018.
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... More