Unifi Announces Second Quarter Fiscal 2019 Results

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Unifi, Inc. (UFI) Tops Q2 EPS by 12c, Revenues Beat; Offers FY19 Outlook

February 4, 2019 6:10 AM EST

Unifi, Inc. (NYSE: UFI) reported Q2 EPS of $0.06, $0.12 better than the analyst estimate of ($0.06). Revenue for the quarter came in at $167.7 million versus the consensus estimate of $166.83 million.

Fiscal 2019 Outlook

Fiscal 2019 contains 53 fiscal weeks, with the additional week included in the first fiscal quarter. In consideration of profitability pressures from raw material costs that occurred in the first half of fiscal 2019, as well as suppressed demand in certain regions and a weaker sales mix, the Company... More