UNIFI (UFI) expects the following fourth quarter fiscal 2025 results: Net sales and Adjusted EBITDA improving sequentially from the third quarter of fiscal 2025, primarily driven by further recovery for the Americas Segment; Continued restructuring and transition expenses, primarily equipment relocation and abandonment costs, of between $6.0 million and $8.0 million; Continued volatility in the effective tax rate. Eddie Ingle, Chief Executive Officer of Unifi, Inc., stated, “While there continues to be uncertainty around the global macroeconomic environment, we believe we have taken steps to improve our business in order to put UNIFI in a strong position to support our customers’ needs with sustainable and innovative products that will help create a more circular economy and position the Company for future growth. Looking ahead, we will continue to focus on finding additional ways to optimize our operations, improve our financial performance, accelerate our revenues, and create value for our shareholders.”
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UFI:
Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.
Report an Issue