Unifi, Inc. (UFI) Tops Q3 EPS by 9c, Revenues Beat

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Go back to Unifi, Inc. (UFI) Tops Q3 EPS by 9c, Revenues Beat

Unifi Announces Strong Third Quarter Fiscal 2021 Results

April 28, 2021 4:30 PM EDT

GREENSBORO, N.C., April 28, 2021 /PRNewswire/ -- Unifi, Inc. (NYSE: UFI), one of the world's leading innovators in recycled and synthetic yarns, today released operating results for the third quarter of fiscal 2021, which ended March 28, 2021.

Third Quarter Fiscal 2021 Overview

Net sales were $178.9 million, an increase of 4.6% year-over-year, and an increase of 9.9% sequentially from the second quarter of fiscal 2021. Revenues from REPREVE® Fiber products represented 33% of consolidated net sales, compared to 29% for the third quarter of fiscal 2020. Gross profit was $25.6 million, a 66% increase year-over-year, while... More