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Article Date: May 2024
Word Count: 132

Unifi Loss Deepens in FQ3, but Sees Sequential Gains

The red ink gushed at the recycled and synthetic yarn maker in the fiscal third quarter ended Mar. 31 to $10,295,000 against a loss of $5,184,000 on 5% lower revenues of $148,996,000, down from $156,738,000. Repreve recycled fiber accounted for 31% of sales ($46.8 mm), compared to 32% last year. Gross margin was down 300 basis points, ... Log in to view full article.


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