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Unifi, Inc. [UFI] Q2 2023 Earnings Conference Call February 2, 2023 8:30 AM ET Company Participants Albert Carey - Executive Chairman Eddie Ingle - CEO Craig Creaturo - CFO A.J. Eaker - VP, Finance & Treasurer Conference Call Participants Daniel Moore - CJS Securities Anthony Lebiedzinski - Sidoti & Company Operator Ladies and gentlemen, good morning.
Unifi (UFI) delivered earnings and revenue surprises of 34.59% and 0.16%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
GREENSBORO, N.C.--( BUSINESS WIRE )--Unifi, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, “UNIFI”), makers of REPREVE and one of the world's leading innovators in recycled and synthetic yarns, today announced preliminary results for its second fiscal quarter ended January 1, 2023 and scheduled its second quarter fiscal 2023 earnings conference call.
Unifi has seen a sharp downturn in volumes as apparel companies have cut orders in the face of weaker sales and soaring inventories. The inventory correction could take a year or more, but Unifi is still leveraged to a long-term trend of incorporating more recycled materials in apparel.
Unifi, Inc. (NYSE:UFI ) Q1 2023 Earnings Conference Call November 4, 2022 8:30 AM ET Company Participants A Eaker - Vice President of Finance and Investor Relations Albert Carey - Executive Chairman Edmund Ingle - Chief Executive Officer and Director Craig Creaturo - Executive Vice President and Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities Anthony Lebiedzinski - Sidoti & Co Operator Good morning. My name is Devin, and I will be your conference operator today.
GREENSBORO, N.C.
Unifi, Inc. (NYSE:UFI ) Q4 2022 Earnings Conference Call August 11, 2022 8:30 AM ET Company Participants A.J. Eaker - Vice President of Finance & Investor Relations Albert Carey - Executive Chairman Edmund Ingle - Chief Executive Officer & Director Craig Creaturo - Executive Vice President & Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities Gus Richard - Northland Anthony Lebazynski - Sidoti Operator Good morning.
Unifi (UFI) delivered earnings and revenue surprises of -21.43% and 2.08%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Unifi margins were pressured in Q3 due to high inputs costs and U.S. labor headwinds. Volumes also will take a hit in Q4 in Asia due to Chinese Covid-19 lockdowns.