Stay updated with breaking news from Parkdale america. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A modest increase in global sales enabled Unifi Inc. to continue its string of profitable quarters. Unifi reported after the stock market closed Wednesday net income of $4.7 million, compared with a loss of $41.1 million in the third quarter of 2020. The Greensboro yarn manufacturer reported a year ago a $45.2 million investment impairment related to receiving $60 million in cash from selling its 34% stake in Parkdale America LLC to majority owner Parkdale Inc. Diluted earnings were 25 cents a share, compared with a loss $2.23 cents a year ago. The average earnings forecast was 16 cents by two analysts surveyed by Zacks Investment Research. Analysts typically do not include one-time gains and charges in their forecasts. ....
Unifi Announces Strong Third Quarter Fiscal 2021 Results Dynamic global business model and robust execution drives better than anticipated performance News provided by Share this article Share this article 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. ....
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 News provided by Share this article 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. ....
The new Board of Commissioners convenes its organizational meeting earlier in the month. DANBURY The Board of County Commissioners moved closer to approval of a new salary system for county employees during its regular meeting Monday night, signaling it will approve the salary study plan being offered by The Mercer Group, an outside consultant, at its next meeting in January. Actually implementing the plan, however, may require much more work, several commented. In short, the plan would assign each county job a pay grade, which would have a minimum salary, a maximum and a mid-point. The Mercer Group’s plan also offers recommendations as to which jobs should be assigned into which pay grade. ....