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Price Pressures and Soft Demand Plague Unifi Q2 Results

Thank you for joining Sourcing Journal & industry leaders at our SOURCING SUMMIT NY, as we discussed the most pressing issues of the day. View the Summit on demand through Jan. 2, and stay tuned for the upcoming Companion Report.

Operating in a complicated trade and raw materials environment, yarn maker Unifi nevertheless spun out gains in sales and operating income. In a Nutshell: Unifi Inc., an innovator and manufacturer of recycled and synthetic yarns, reported continued improvement in operating income and cash flows, and updated its full-year fiscal 2020 outlook. The company took note…

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