Unifi reported a first-quarter fiscal 2027 net loss of $2.0 million, or $0.11 per share, compared to a $11.4 million loss in the prior year period. Net sales decreased 5.7% to $127.9 million, while gross margin expanded significantly to 9.8% from 2.5%. Adjusted EBITDA turned positive at $6.1 million versus a $2.5 million loss previously. Concurrently, the company completed the sale of non-strategic real estate in North Carolina for $60 million in cash. Proceeds were used to fully repay an outstanding $55.5 million term loan and reduce revolving credit balances, lowering net debt to $64.8 million. Unifi is a global leader in fiber science and sustainable synthetic textiles.
