Unifi, Inc., together with its subsidiaries, engages in the manufacture and sale of recycled and synthetic products in the United States, Brazil, China, and internationally. It operates in four segments: Polyester, Nylon, Brazil, and Asia. The Polyester segment offers partially oriented, textured, solution and package dyed, twisted, beamed, and draw wound yarns; and pre-consumer and post-consumer waste products, including plastic bottle flakes, polyester polymer, and staple fiber beads to other yarn manufacturers, and knitters and weavers that produce yarn and/or fabric for the apparel, hosiery, home furnishings, automotive, industrial, and other end-use markets. The Nylon segment provides virgin or recycled textured, solution dyed, and spandex covered yarns to knitters and weavers that produce fabric primarily for the apparel, hosiery, medical markets. The Brazil segment manufactures and sells polyester-based products to knitters and weavers that produce fabric for the apparel, home furnishings, automotive, industrial, and other end-use markets. The Asia segment primarily sells polyester-based products to knitters and weavers that produce fabric for the apparel, home furnishings, automotive, industrial, and other end-use markets. The company sells its products through sales force and independent sales agents under the REPREVE and PROFIBER brands. Unifi, Inc. was incorporated in 1969 and is headquartered in Greensboro, North Carolina.
Company profile
Ticker
UFI
Exchange
Website
CEO
Mr. Edmund M. Ingle
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
AURORA CORP, EnerJex Resources, Inc., MILLENIUM PLASTICS CORP, MILLENNIUM PLASTICS CORP
SEC CIK
Corporate docs
Subsidiaries
Unifi Asia Pacific (Hong Kong) Company, Limited • Unifi Vietnam Company Limited • Unifi Switzerland GmbH • Unifi Holding 1, BV • Unifi Holding 2, BV • Unifi Textiles Holding, SRL • Unifi do Brasil, Ltda. • Unifi Manufacturing, Inc. • Unifi Textured Polyester, LLC • Unifi Kinston, LLC ...
IRS number
112165495
UFI stock data
Latest filings (excl ownership)
DEFA14A
Additional proxy soliciting materials
18 Sep 24
DEF 14A
Definitive proxy
18 Sep 24
8-K
Entry into a Material Definitive Agreement
6 Sep 24
10-K
2024 FY
Annual report
23 Aug 24
8-K
UNIFI®, Makers of REPREVE®, Announces Fourth Quarter and Fiscal 2024 Results
21 Aug 24
SD
Conflict minerals disclosure
28 May 24
10-Q
2024 Q3
Quarterly report
9 May 24
8-K
UNIFI®, Makers of REPREVE®, Announces Third Quarter Fiscal 2024 Results
8 May 24
S-8
Registration of securities for employees
20 Mar 24
8-K
Departure of Directors or Certain Officers
11 Mar 24
Transcripts
UFI
Earnings call transcript
2024 Q4
22 Aug 24
UFI
Earnings call transcript
2024 Q3
9 May 24
UFI
Earnings call transcript
2024 Q2
1 Feb 24
UFI
Earnings call transcript
2024 Q1
2 Nov 23
UFI
Earnings call transcript
2023 Q4
24 Aug 23
UFI
Earnings call transcript
2023 Q4
24 Aug 23
UFI
Earnings call transcript
2023 Q3
4 May 23
UFI
Earnings call transcript
2023 Q3
4 May 23
UFI
Earnings call transcript
2023 Q2
2 Feb 23
UFI
Earnings call transcript
2023 Q1
4 Nov 22
Latest ownership filings
SC 13G/A
Invenomic Capital Management LP
14 Feb 24
SC 13G/A
DIMENSIONAL FUND ADVISORS LP
9 Feb 24
4
ANDREW JAMES EAKER
6 Feb 24
3
BRIAN DAVID MOORE
1 Feb 24
3
MEREDITH SUZANNE BOYD
1 Feb 24
SC 13G
Azarias Capital Management, L.P.
26 Jan 24
SC 13D/A
INCLUSIVE CAPITAL PARTNERS, L.P.
27 Dec 23
SC 13D/A
LANGONE KENNETH G
27 Dec 23
4
KENNETH G LANGONE
27 Dec 23
144
Notice of proposed sale of securities
26 Dec 23
Financial summary
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Annual (USD) | Jun 24 | Jul 23 | Jul 22 | Jun 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 26.81 mm | 26.81 mm | 26.81 mm | 26.81 mm | 26.81 mm | 26.81 mm |
Cash burn (monthly) | 285.67 k | 1.68 mm | 944.33 k | 3.79 mm | (no burn) | (no burn) |
Cash used (since last report) | 1.14 mm | 6.70 mm | 3.76 mm | 15.13 mm | n/a | n/a |
Cash remaining | 25.67 mm | 20.11 mm | 23.04 mm | 11.68 mm | n/a | n/a |
Runway (months of cash) | 89.8 | 12.0 | 24.4 | 3.1 | n/a | n/a |
Institutional ownership, Q2 2024
52.7% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 65 |
Opened positions | 51 |
Closed positions | 0 |
Increased positions | 5 |
Reduced positions | 4 |
13F shares | Current |
---|---|
Total value | 55.61 bn |
Total shares | 9.62 mm |
Total puts | 57.50 k |
Total calls | 8.30 k |
Total put/call ratio | 6.9 |
Largest owners | Shares | Value |
---|---|---|
Azarias Capital Management | 1.37 mm | $8.08 bn |
Pinnacle Associates | 899.77 k | $5.30 bn |
Vanguard | 730.51 k | $4.30 bn |
Minerva Advisors | 728.49 k | $4.29 bn |
Dimensional Fund Advisors | 711.18 k | $4.19 bn |
Invenomic Capital Management | 629.62 k | $3.71 bn |
BEN Franklin Resources | 472.69 k | $2.78 bn |
BLK BlackRock | 434.64 k | $2.56 bn |
Acuitas Investments | 404.36 k | $2.38 bn |
Boston Partners | 376.23 k | $2.22 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
2 Feb 24 | Andrew James Eaker | Common Stock | Grant | Acquire A | No | No | 0 | 23,000 | 0.00 | 37,364 |
22 Dec 23 | Langone Kenneth G | Common Stock | Buy | Acquire P | No | No | 5.75 | 500,000 | 2.88 mm | 2,321,306 |
28 Nov 23 | Inclusive Capital Partners | Common Stock | Sell | Dispose S | Yes | No | 6.5151 | 171,642 | 1.12 mm | 1,686,887 |
27 Nov 23 | Inclusive Capital Partners | Common Stock | Sell | Dispose S | Yes | No | 6.7489 | 62,358 | 420.85 k | 1,858,529 |
Press releases
UNIFI®, Makers of REPREVE®, Schedules First Quarter Fiscal 2025 Earnings Conference Call
23 Oct 24
UNIFI®, Makers of REPREVE®, Announces Fourth Quarter and Fiscal 2024 Results
21 Aug 24
UNIFI®, Makers of REPREVE®, Launches Globally Available Circular Polyester Products Made From Textile Waste: White Filament Yarn and ThermaLoop™ Insulation
20 Aug 24
UNIFI®, Makers of REPREVE®, Schedules Fourth Quarter Fiscal 2024 Earnings Conference Call
13 Aug 24