Unifi Inc. announced effective May 13, 2013, Charles F. McCoy ceased to be the Vice President, Secretary, General Counsel and Chief Risk, Governance and Compliance Officer and an executive officer of the company.

Unifi Inc. announced unaudited consolidated earnings results for the third quarter and nine months ended March 24, 2013. For the quarter, the company reported net sales of $168,249,000 against $179,037,000 a year ago. Operating income was $729,000 against $1,917,000 a year ago. Income before income taxes was $3,674,000 against $8,171,000 a year ago. Net income attributable to the company was $1,399,000 or $0.07 per diluted common share against $7,535,000 or $0.37 per diluted common share a year ago. EBITDA was $10,992,000 against $18,691,000 a year ago. Adjusted EBITDA including equity affiliates was $8,370,000 against $10,256,000 a year ago. For the nine months, the company reported net sales of $513,220,000 against $517,160,000 a year ago. Operating income was $11,417,000 against $2,261,000 a year ago. Income before income taxes was $13,398,000 against $2,719,000 a year ago. Net income attributable to the company was $6,119,000 or $0.30 per diluted common share against $213,000 or $0.01 per diluted common share a year ago. Net cash provided by operating activities was $44,926,000 against $27,254,000 a year ago. Capital expenditures were $4,522,000 against $5,329,000 a year ago. EBITDA was $36,329,000 against $33,923,000 a year ago. Adjusted EBITDA including equity affiliates was $34,351,000 against $25,730,000 a year ago.

Unifi Inc. announced that they will report Q3, 2013 results on Apr 25, 2013

Unifi Inc., Q3 2013 Earnings Call, Apr 25, 2013

Unifi Inc. announced unaudited consolidated earnings results for the second quarter and six months ended December 23, 2012. For the quarter, the company reported net sales were $172.07 million against $167.1 million a year ago. Operating income was $4.51 million against loss of $0.951 million a year ago. Interest loss was $0.144 million against $0.495 million a year ago. Income before income taxes was $4.43 million against loss of $6.01 million a year ago. Net income attributable to the company was $2.43 million or $0.12 diluted per share against loss of $7.61 million or $0.38 diluted loss per share a year ago. EBITDA was $12.16 million against $4.38 million a year ago. Adjusted EBITDA was $12.16 million against $7.33 million a year ago. For the six months, the company reported net sales were $344.97 million against $338.12 million a year ago. Results for the first six months of fiscal 2013 were negatively impacted by a $3.8 million reduction in earnings from the company's equity investment in Parkdale America, caused by margin pressures related to the softness in the cotton apparel market and differences in the recognition of earnings under the Farm Bill's economic adjustment payments program. Operating income was $10.69 million against $0.344 million a year ago. Interest loss was $0.268 million against $1.14 million a year ago. Income before income taxes was $9.72 million against loss of $5.45 million a year ago. Net income attributable to the company was $4.72 million or $0.23 diluted per share against loss of $7.32 million or $0.36 diluted loss per share a year ago. Net cash provided by operating activities was $24.74 million against $14.3 million a year ago. Capital expenditures were $2.87 million against $3.26 million a year ago. EBITDA was $25.34 million against $15.23 million a year ago. Adjusted EBITDA was $25.98 million against $15.47 million a year ago. The company expects adjusted EBITDA for the third quarter fiscal 2013 to be in the $10 million to $11 million range, which reflects the impact of a shorter shipping quarter due to the timing of the holiday shutdowns this year being all in the third quarter and anticipated slight increase in raw materials, the challenging conditions in Brazil and the fact that marketing expense related to consumer advertising in the X Games sponsorships, much of that which will be recognized in the March quarter. The company continues to anticipate adjusted EBITDA to be in the low-50s for this 2013 fiscal year. The company expects to spend $6 to $8 million on maintenance CapEx and $5 million or $4 million to $5 million of strategic CapEx.