Unifi, Inc. Provides Earnings Guidance for the Fiscal Year 2022 and Provides Financial Target for the Year 2025
February 16, 2022 at 07:30 am EST
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Unifi, Inc. provided earnings guidance for the fiscal year 2022 and provided financial target for the year 2025. For the year 2022, the company expects revenues to surpass $800 million.
For the year 2025, the company sets goal of achieving $1.1 billion or more of revenues.
Unifi, Inc. is a multinational company. The Company manufactures and sells recycled and synthetic products, made from polyester and nylon, primarily to other yarn manufacturers and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, medical, and other end-use markets. It operates through three segments: Americas, Asia, and Brazil. The Americas and Asia segments primarily sell recycled and synthetic products to yarn manufacturers, knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, medical, and other end-use markets principally in North and Central America, Asia and Europe. The Brazil Segment sells recycled and synthetic products to knitters and weavers that produce fabric for the apparel, home furnishings, automotive, industrial, and other end-use markets principally in Brazil. It offers polyester and nylon products, and recycled solutions.
UNIFI, INC. 