Unifi reports profit decline, sale of stake in Repreve Renewables
Story Date: 1/26/2017

 

Source: Richard Craver, WINSTON-SALEM JOURNAL, 1/25/17


A decision to exit a high-profile, but non-core joint venture contributed to Unifi Inc. reporting Wednesday a 29 percent decline in net income to $4.59 million in its second quarter of fiscal 2017. The Greensboro yarn manufacturer has its largest U.S. plant in Yadkinville with about 1,000 employees.

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