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UNIFI®, Makers of REPREVE®, Announces First Quarter Fiscal 2026 Results

UFI
  • Unifi, Inc. reported first-quarter fiscal 2026 net sales of $135.7 million, a 7.9% decrease from the prior year period due to trade uncertainty & demand volatility.
  • Gross profit fell to $3.4 million with a 2.5% margin, compared to $9.5 million & a 6.4% margin in the first quarter of fiscal 2025.
  • The company recorded a net loss of $11.4 million ($0.62 per diluted share), including $1.1 million in transition costs, versus a $7.6 million loss in the prior year.
  • Adjusted net loss was $10.3 million, excluding $1.1 million in transition costs, while adjusted EBITDA was negative $2.5 million.
  • REPREVE Fiber product revenues were $39.3 million, representing 29% of net sales, down from $44.7 million or 30% in the previous year.
  • Gross profit declines were driven by the Brazil segment ($5.3 million decrease), Asia segment ($0.5 million decrease), & Americas segment ($0.3 million decrease).
  • In October 2025, Unifi launched an additional restructuring program to enhance cost structure & profitability for fiscal 2026.
  • The company introduced A.M.Y. Peppermint, a naturally deodorizing yarn designed to support sustainable innovation.
  • Management plans to minimize operational & capital expenditures throughout fiscal 2026 & expects improved operating cash flows in the second quarter.
  • Unifi's fiscal 2026 profit improvement plan includes reducing variable manufacturing costs, eliminating U.S. salaried positions, & optimizing working capital.
  • The earnings conference call to discuss these results is scheduled for November 5, 2025, at 8:30 a.m. Eastern Time.