Unifi Inc. reports first quarter net sales of $135.7 million and net loss of $11.4 million

Reuters11-05

Unifi Inc. reports first quarter net sales of $135.7 million and net loss of $11.4 million

Unifi Inc. reported net sales of $135.7 million for the first quarter of fiscal 2026, down 7.9% from the same period in fiscal 2025. Revenues from REPREVE Fiber products totaled $39.3 million, representing 29% of net sales, compared to $44.7 million or 30% in the prior year's first quarter. The company recorded an operating loss of $9.6 million, up from a $3.2 million loss, and a net loss of $11.4 million compared to a net loss of $7.6 million in the previous year. Adjusted Net Loss was $10.3 million, excluding $1.1 million in transition costs, versus $7.6 million last year. Adjusted EBITDA was negative $2.5 million, compared to $3.3 million last year. Unifi introduced additional cost-saving initiatives, including reductions in manufacturing costs and salaried positions, with a focus on optimizing commercial execution and working capital. The company expects improved operating cash flows in the second quarter of fiscal 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Unifi Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20251104506531) on November 04, 2025, and is solely responsible for the information contained therein.

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