| Business Summary | | Unifi,
Inc.,
together
with
its
subsidiaries,
is
one
of
the
largest
and
most
diversified
producers
and
processors
of
textile
yarns
in
the
world.
The
Company
is
primarily
engaged
in
the
processing
of
synthetic
yarns
in
two
primary
business
segments,
polyester
and
nylon.
The
polyester
segment
is
comprised
of
textured,
dyed,
twisted
and
beamed
yarns
with
sales
to
knitters
and
weavers
that
produce
fabrics
for
the
apparel,
automotive
and
furniture
upholstery,
home
furnishings,
industrial
and
other
end
use
markets.
The
nylon
segment
is
comprised
of
textured
nylon
and
covered
spandex
products
with
sales
to
knitters
and
weavers
that
produce
fabrics
for
the
apparel,
hosiery,
socks
and
other
end
use
markets. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Unifi
Inc.
is
engaged
in
the
processing
of
synthetic
yarns
in
two
business
segments:
polyester
including
dyed,
textured,
twisted
and
beamed
yarns
and
nylon
comprised
of
textured
nylon
and
covered
spandex
products.
For
the
fiscal
year
ended
6/24/01,
net
sales
fell
13%
to
$1.12
billion.
Net
loss
totaled
$44.7
million,
vs.
an
income
of
$38.0
million.
Results
reflect
the
effects
of
foreign
currency
devaluations,
$15
million
in
severance
and
dismantlement
costs
and
a
$32
million
foreign
restructuring
charge. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Donald Orr, 56 Chairman | -- | Brian Parke, 52 Pres,
CEO, Director | $668K | Willis Moore III, 47 CFO,
Exec. VP | 404K | G. Alfred Webster, 52 Exec.
VP of Worldwide Raw Material Procurement | 356K | Michael Delaney, 44 Sr.
VP of Marketing | -- | Dollar amounts are as of 25-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|