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Higher production costs take another steep toll on Unifi s profit

Continuing higher production costs contributed to Unifi Inc. having a sharp decline in net income for the third consecutive quarter.

El salvadorRandy ingleUnifi incCaterpillar incHayward industriesZacks investment researchRaytheon technologies corpInsteel incZacks investmentRaytheon technologiesFourth quarter

U S sales boost Kontoor to 162% hike in second-quarter profit; manufacturer lowers fiscal 2022 earnings guidance

Kontoor Brands Inc. s ability to capitalize on increasing U.S. consumer demand for apparel amid supply chain challenges led to a 162% increase in second-quarter net income to just under $62

Scott baxterCaterpillar incHayward industriesZacks investment researchRaytheon technologies corpInsteel incKontoor brands incKontoor brandsZacks investmentRaytheon technologiesSecond quarterSupply chainKontoor brands incArnings per shareCapital expenditureScott baxter

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