Unifi Q4 net sales up 114% YoY; net income $13.4M vs prior loss

UNIFI INC

2021-FY EPS reported $1.54 revenue$667,592,000

Net sales $184.4M, up 114% vs Q4 FY2020 and 3% sequentially.
Net income $13.4M ($0.70 diluted EPS) vs net loss $20.2M a year ago; Adjusted EPS $0.37.
Adjusted EBITDA $20.4M vs negative $14.0M; gross margin 14.9%.
REPREVE fiber products 38% of net sales vs 28% YoY; record sales in Asia.
Net debt reduced to $8.6M from $23.6M; operating cash flow $11.0M.

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