Unifi Loss Deepens on Tariff Headwinds in FQ1
Net loss widened in the fiscal first quarter ended Sep. 28 to $11,357,000 from a loss of $7,632,000 last year, on 8% lower revenues of $135,674,000 down from $147,372,000. The sales decline was primarily attributed to soft ordering patterns stemming from trade and tariff-related uncertainty. UFI’s Repreve recycled yarns accounted for $39.3 ... Log in to view full article.
