Unifi Announces Significantly Improved Second Quarter Fiscal 2021 Results
Stronger than expected performance and focused execution drives one of the best quarterly margin and profitability performances over the last decade
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GREENSBORO, N.C., Jan. 27, 2021 /PRNewswire/
Unifi, Inc. (NYSE: UFI), one of the world s leading innovators in recycled and synthetic yarns, today released operating results for the second quarter of fiscal 2021, which ended December 27, 2020.
Second Quarter Fiscal 2021 Overview
Net sales were $162.8 million, a decrease of 4.0% year-over-year, but an increase of 15.0% sequentially from the first quarter of fiscal 2021.
Revenues from REPREVE
® Fiber products represented 37% of consolidated net sales, a new quarterly record.