Unifi Inc. (UFI) Readies for the Thread and Yarn Bounce
Perception is a funny thing. An investor can have a certain market perception and dismiss an investment out-of-hand. The issue being missed in this instance is that there are aspects of that investment which may actually be profitable, especially in times of turmoil. Generally, this is because as the turmoil subsides, these products are the ones that profit first. In the apparel marketplace, threads and fibres may just be one of those materials. Unifi Inc., together with its subsidiaries, produces and markets a series of multifilament polyester and nylon yarns. The company operates in two segments. The polyester segment, where…