Unifi Inc., the Greensboro, N.C.-based yarn manufacturer, reported Wednesday that net income for the third quarter ended March 30 more than triple to $4.7 million, or 25 cents a share, compared with net income of $1.4 million, or 7 cents a share, for the prior year quarter, reflecting improved operating results in its domestic business and lower domestic depreciation expenses.
These gains were partially offset by lower earnings from the company’s equity affiliates and higher domestic income tax expense.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"