ATLANTA — Driven by operational improvements and growth of premium value-added products, Unifi, Inc. reported a net income of $771,000, or one cent per share, in the fourth quarter, ended June 29.
Unifi had reported a net loss of $74.2 million, or $1.23 per share, in the year-ago quarter. For the fiscal year, the Greensboro, N.C.-based fiber company reported a net loss of $16.2 million, or 27 cents per share, compared to a net loss of $115.8 million, or $2.06 per share, in fiscal 2007.
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