Facebook Pinterest Search Icon SourcingJournal_horiz Tumbler Twitter Shape photo-camera graph-trend Shape latest-news icon / user

High Input Costs and Weak Basic Yarn Sales Cut Into Unifi’s Bottom Line

Unifi Inc. reported an uptick in sales in its fiscal second quarter, but earnings plummeted on high raw material costs and lower sales on commodity yarns. In a Nutshell: International growth was offset by headwinds that suppressed profitability in the second quarter and first half of fiscal 2019 for Unifi Inc. However, the Greensboro, N.C.-based…

This content is for Annual and Limited members only. You can read up to five free articles each month with a Limited Level Subscription. Please log in, or subscribe.

Log In Subscribe

More from our brands

Access exclusive content Become a Member Today!