earnings
confidence high
sentiment positive
materiality 0.75
Unifi Q1 fiscal 2022 net sales $196M (+38.5% YoY), EPS $0.46, raises full-year outlook
UNIFI INC
2022-Q1 EPS reported
$0.46
revenue$195,992,000
- Net sales $196.0M, +38.5% YoY; highest quarterly sales in over eight years.
- Net income $8.7M, diluted EPS $0.46 vs $0.18 YoY; operating income $13.3M vs $2.9M.
- Adjusted EBITDA $19.8M, more than doubled from $9.1M; 12-month trailing Adjusted EBITDA $75.4M.
- REPREVE fiber revenue grew $20.3M YoY, representing 37% of net sales.
- Full-year fiscal 2022 outlook increased following strong Q1 performance.