Brief: Unifi Announces First Quarter Fiscal 2023 Results

Unifi

03/11/2022 21:22

Nov 3 (Reuters) - Unifi Inc  UFI.N :
    * UNIFI, INC., MAKERS OF REPREVE®, ANNOUNCES FIRST QUARTER
FISCAL
2023 RESULTS AND EXTENDED AND EXPANDED CREDIT FACILITY
    * UNIFI INC Q1 SALES FELL 8.4 PERCENT TO $179.5 MILLION
    * UNIFI INC Q1 LOSS PER SHARE $0.44
    * UNIFI INC - WITHDRAWING ITS PREVIOUSLY ISSUED FULL YEAR
FISCAL
2023 OUTLOOK
    * UNIFI INC - SEES APPROXIMATELY 10% TO 15% LOWER NET SALES
THAN
Q1 OF FISCAL 2023 IN Q2
    * UNIFI INC - SEES CONTINUED VOLATILITY AND UNFAVORABILITY
IN
EFFECTIVE TAX RATE IN Q2

Source text for Eikon:  ID:nBwRg1lVa 
Further company coverage:  UFI.N 
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