Earnings ·
Unifi, Inc. reported fourth-quarter fiscal 2026 results ending June 28, 2026, with net sales of $144.2 million, a 4.1%…
UFIUnifi Inc
Unifi, Inc. reported fourth-quarter fiscal 2026 results ending June 28, 2026, with net sales of $144.2 million, a 4.1% increase year-over-year. Gross profit improved to $14.3 million (9.9% margin) from a $1.1 million loss in the prior period, driven by cost reductions and favorable pricing in Brazil. Adjusted EBITDA reached $8.2 million compared to $(4.1) million previously. Net loss was $1.2 million ($0.06 per share), versus net income of $15.5 million ($0.82 per share) in the prior year, which included a $35.8 million gain on asset sales. The company announced an agreement to sell non-strategic real estate assets for $60.0 million gross proceeds to enhance financial flexibility and reduce debt. Unifi operates as a global leader in fiber science and sustainable synthetic textiles, manufacturing recycled yarns under the REPREVE brand.