Overview
Unifi fiscal Q1 net sales fall 7.9% yr/yr due to trade and tariff uncertainties
Company reports fiscal Q1 net loss of $11.4 mln, impacted by transition costs
Unifi launches restructuring program to enhance cost structure and profitability
Outlook
Unifi expects improved operating cash flows in Q2 fiscal 2026
Company to minimize operational and capital expenditures in fiscal 2026
Result Drivers
TRADE UNCERTAINTY - Co attributes 7.9% decline in net sales to trade and tariff-related uncertainty and demand volatility
RESTRUCTURING PROGRAM - Co launched restructuring program to enhance cost structure and drive profitability
NEW PRODUCT LAUNCH - Co launched A.M.Y. Peppermint, a naturally deodorizing yarn, to support sustainable innovation
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q1 Revenue | $135.67 mln | $135.25 mln (1 Analyst) | |
Q1 EPS | -$0.62 | ||
Q1 Net Income | -$11.35 mln | ||
Q1 Adjusted EBITDA | -$2.50 mln | ||
Q1 Operating Income | -$9.63 mln | ||
Q1 Pretax Profit | -$11.16 mln |
Analyst Coverage
Wall Street's median 12-month price target for Unifi Inc is $12.00, about 63.9% above its November 3 closing price of $4.33
The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 23 three months ago
Press Release: ID:nBw2LsxTLa
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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