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UNIFI®, Makers of REPREVE®, Launches New Goals in Sustainability Snapshot
Businesswire· 2026-02-24 14:00
GREENSBORO, N.C.--(BUSINESS WIRE)--Unifi, Inc. (NYSE: UFI), the makers of REPREVE® and one of the world's leading innovators in recycled and synthetic yarns, today released its FY2025 Sustainability Snapshot. The Snapshot highlights UNIFI®'s progress on the growth of the REPREVE platform and commitment to circular materials. The company celebrated a huge milestone in the Snapshot, hitting 1 billion T- shirts' worth of textile and yarn waste transformed through the REPREVE platform including: REP. ...
仪化宇辉近期股价波动显著,公司仍处亏损状态
Jing Ji Guan Cha Wang· 2026-02-13 13:49
经济观察网截至2026年2月13日,根据近期公开信息,暂未发现仪化宇辉(UFI.US)有明确公布的未来重 大事件(如财报发布日、投资者会议等)。 股票近期走势 该股在2026年1月上旬经历了较为显著的波动,例如1月6日股价快速上涨6.28%,而1月10日则出现下跌 5.48%。 业绩经营情况 根据最近一期财报数据,公司仍处于亏损状态,营业收入为1.36亿美元,净利润为-1136万美元。机构 评级方面,目前暂无机构对该股给出投资建议。 以上内容基于公开资料整理,不构成投资建议。 ...
Unifi(UFI) - 2026 Q2 - Quarterly Report
2026-02-04 21:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q For the transition period from to _____ Commission File Number: 1-10542 UNIFI, INC. (Exact name of registrant as specified in its charter) New York 11-2165495 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 7201 West Friendly Avenue Greensboro, North Carolina 27410 (Address of principal executive offices) (Zip Code) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF TH ...
Unifi(UFI) - 2026 Q2 - Earnings Call Transcript
2026-02-04 14:32
Financial Data and Key Metrics Changes - Net sales for the quarter decreased by 12.5% year-over-year, primarily due to lower demand in the Asia segment and pricing pressure in Brazil [8] - Consolidated gross profit was $3.6 million with a gross margin of 3%, compared to a gross profit of $500,000 and a gross margin of 0.4% in the same quarter last year [8] - SG&A expenses improved by 25% year-over-year, totaling $9.7 million, while adjusted EBITDA loss improved by $5.1 million compared to the previous year [8][9] - Year-to-date free cash flow reached $13.3 million, a significant increase from the previous year's first-half results [12] Business Line Data and Key Metrics Changes - In the Americas, net sales decreased by 7.1% due to a lower portion of fiber sales and tariff uncertainty, but gross profit increased by $6.1 million due to cost-saving initiatives [9] - The Brazil segment experienced declines in net sales and gross profit due to pricing pressures, but demand and growth opportunities remain strong [10] - Asia segment net sales and gross profit declined by 27% and 10%, respectively, but gross margin improved by 260 basis points year-over-year [10][11] Market Data and Key Metrics Changes - Demand in Central America has picked up, presenting a near-shoring opportunity for retailers and brands in North America [5] - Holiday sales for apparel were solid, with a 4% increase, indicating a positive trend in customer orders [4] - The recent reciprocal tariff agreements with El Salvador and Guatemala are expected to positively impact orders from these regions [28] Company Strategy and Development Direction - The company is focused on returning to long-term growth and profitability through improved operating models, investment in brands, innovation, and converting operational progress into financial momentum [17][18] - Strategic initiatives over the past two years have included cost structure realignment, manufacturing footprint consolidation, and a focus on innovation [21][22] - The company aims to leverage its improved operating platform to drive long-term results and is optimistic about future revenue growth [6][29] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about improved order trends and customer engagement, particularly in the U.S. and Central America [4][7] - The company anticipates realizing the full benefits of cost reduction initiatives and improved working capital efficiency in the upcoming quarters [14][28] - There is an expectation for greater clarity on the global trade environment, which should support revenue improvement moving forward [28] Other Important Information - The company has reduced its headcount by 25% in North America, leading to improved plant efficiencies [3] - Capital expenditures during the first half were $3.1 million, a 60% decline compared to the prior period, reflecting prioritized spending [12][13] Q&A Session Summary Question: Demand pickup across segments - Management noted that demand is improving across all segments, with Brazil showing positive momentum post-holiday and Central America benefiting from tariff agreements [34][35] Question: Update on Beyond Apparel initiatives - Beyond Apparel initiatives are performing well, particularly in packaging and carpet sectors, with expectations for growth in military and tactical areas [36][37] Question: Pricing dynamics in segments - Pricing pressures in Brazil are easing, while slight price increases are observed in Asia due to supply chain dynamics [41][42] Question: Revenue mix for break-even - The company indicated that achieving break-even would require mid- to high-300s gross margins in the Americas, with other segments contributing to the overall margin improvement [46]
Unifi(UFI) - 2026 Q2 - Earnings Call Transcript
2026-02-04 14:32
Financial Data and Key Metrics Changes - Net sales for the quarter decreased by 12.5% year-over-year, primarily due to lower demand in the Asia segment and pricing pressure in Brazil [9] - Consolidated gross profit was $3.6 million with a gross margin of 3%, compared to a gross profit of $500,000 and a gross margin of 0.4% in the same quarter last year [9] - SG&A expenses were $9.7 million, reflecting a 25% improvement from the prior year [9] - Adjusted EBITDA loss improved by $5.1 million compared to the previous year, now at a loss of $0.7 million [9] Business Line Data and Key Metrics Changes - In the Americas, net sales decreased by 7.1% due to a lower portion of fiber sales and tariff uncertainty, but gross profit increased by $6.1 million due to cost-saving initiatives [10] - Brazil segment saw declines in net sales and gross profit due to pricing pressures, but demand and growth opportunities remain strong [11] - Asia segment experienced a 27% decline in net sales and a 10% decline in gross profit, although gross margin improved by 260 basis points year-over-year [12] Market Data and Key Metrics Changes - Demand in Central America has picked up, presenting a near-shoring opportunity for retailers and brands in North America [5] - Holiday sales for apparel were solid, with a 4% increase, indicating a positive trend in customer orders [4] - Tariff complexities have created uncertainty, but recent agreements in Central America may improve conditions for future sales [29] Company Strategy and Development Direction - The company is focused on returning to long-term growth and profitability through cost structure realignment and operational improvements [17][18] - Key areas of focus include improving the operating model, investing in brand strength, fostering innovation, and converting operational progress into financial momentum [18][19] - The company has executed strategic initiatives to streamline operations and reduce costs, including the sale of the Madison facility and headcount reductions [20][21] Management's Comments on Operating Environment and Future Outlook - Management is cautiously optimistic about improved order trends and customer engagement, particularly in the U.S. and Central America [4][8] - The company anticipates realizing full benefits from cost reduction initiatives and improved working capital efficiency in the upcoming quarters [14][28] - There is an expectation for revenue improvement as clarity on the global trade environment increases [28] Other Important Information - Year-to-date free cash flow reached $13.3 million, a significant increase compared to the previous year [13] - Net debt was reduced to $75 million, reflecting improvements in the balance sheet and capital structure [14] - The company is prioritizing disciplined inventory builds to support higher sales activity in the future [15] Q&A Session Summary Question: Demand pickup across segments - Management noted that demand is improving across all segments, with Brazil showing positive momentum post-holiday and Central America benefiting from tariff agreements [36][37] Question: Update on Beyond Apparel initiatives - Beyond Apparel initiatives are performing well, particularly in packaging and carpet sectors, with expectations for growth in military and tactical areas [38][39] Question: Pricing dynamics in segments - Pricing pressures in Brazil are easing, while slight price increases are observed in Asia due to supply chain dynamics [44][45] Question: Break-even revenue mix - The break-even revenue point is estimated at $575 million, with expectations for mid- to high-300s gross margins in the Americas and contributions from other segments [48]
Unifi(UFI) - 2026 Q2 - Earnings Call Transcript
2026-02-04 14:30
Financial Data and Key Metrics Changes - Net sales for the quarter decreased by 12.5% year-over-year, primarily due to lower demand in the Asia segment and pricing pressure in Brazil [9] - Consolidated gross profit was $3.6 million with a gross margin of 3%, compared to a gross profit of $500,000 and a gross margin of 0.4% in the same quarter last year [9] - SG&A expenses were $9.7 million, reflecting a 25% improvement from the prior year [9] - Adjusted EBITDA showed a loss of $0.7 million, an improvement of $5.1 million compared to the previous year [9] Business Line Data and Key Metrics Changes - In the Americas, net sales decreased by 7.1% due to a lower portion of fiber sales and tariff uncertainty, but gross profit increased by $6.1 million due to cost-saving initiatives [10] - The Brazil segment experienced declines in net sales and gross profit due to pricing pressures, but demand and growth opportunities remain strong [11] - Asia segment net sales and gross profit declined by 27% and 10% respectively, but gross margin improved by 260 basis points year-over-year [11] Market Data and Key Metrics Changes - Demand in Central America has picked up, presenting a near-shoring opportunity for retailers and brands in North America [5] - Holiday sales for apparel were solid, with a 4% increase, indicating a positive trend in customer orders [4] - The recent reciprocal tariff agreements with El Salvador and Guatemala are expected to positively impact the company's operations [25] Company Strategy and Development Direction - The company is focused on returning to long-term growth and profitability through four key areas: improving the operating model, investing in brand strength, fostering innovation, and converting operational progress into financial momentum [16] - Strategic initiatives over the past two years have included cost structure realignment, manufacturing footprint consolidation, and a sales transformation plan [18] - The company aims to leverage improved operational platforms to drive long-term results and is optimistic about future revenue growth [6][19] Management's Comments on Operating Environment and Future Outlook - Management noted initial signs of an improved operating environment driven by increased customer engagement and post-holiday restocking [7] - The company expects to realize full benefits from cost reduction initiatives and improved working capital efficiency in the third quarter [24] - There is cautious optimism regarding revenue improvement as clarity on the global trade environment is anticipated [24] Other Important Information - Year-to-date free cash flow reached $13.3 million, a significant increase compared to the previous year's first-half results [12] - Net debt was reduced to $75 million, reflecting improvements in the balance sheet and capital structure [13] - The company is prioritizing disciplined inventory builds to accommodate higher sales activity in the near future [13] Q&A Session Summary Question: Demand pickup across segments - Management indicated that demand is improving across all segments, with Brazil showing positive momentum due to government stimulation and restocking in the U.S. and Central America [30][31] Question: Update on Beyond Apparel initiatives - Beyond Apparel initiatives are focused on sectors like carpet and packaging, with strong performance noted in packaging and slight growth in carpet [32][33] Question: Pricing dynamics in segments - Pricing pressures in Brazil are easing, while slight price increases are observed in Asia. The U.S. and Central America have benefited from targeted price increases and restructuring efforts [37][38] Question: Revenue mix needed for break-even - The company expects mid- to high-300s gross margins in the Americas, with other segments contributing to reach a high single-digit gross margin for break-even [40][41]
Unifi(UFI) - 2026 Q2 - Earnings Call Presentation
2026-02-04 13:30
UNIFI, Inc. Second Quarter Fiscal 2026 Earnings Conference Call February 4, 2026 (Unaudited results) (Amounts and dollars in millions, unless otherwise noted) Exhibit 99.2 Cautionary Statements Forward-Looking Statements Certain statements included herein contain "forward-looking statements" within the meaning of federal securities laws about the financial condition and results of operations of the Company that are based on management's beliefs, assumptions, and expectations about our future economic perfor ...
Unifi(UFI) - 2026 Q2 - Quarterly Results
2026-02-03 21:26
GREENSBORO, N.C., February 3, 2026 – Unifi, Inc. (NYSE: UFI), the makers of REPREVE ® and one of the world's leading innovators in recycled and synthetic yarns, today released operating results for the second fiscal quarter ended December 28, 2025. Second Quarter Fiscal 2026 Overview Eddie Ingle, Chief Executive Officer of Unifi, Inc., stated, "Our results for the second quarter were in line with our expectations. Over the last two years, we have executed numerous strategic initiatives to realign our cost s ...
UNIFI®, Makers of REPREVE®, Schedules Second Quarter Fiscal 2026 Earnings Conference Call
Businesswire· 2026-01-26 21:15
Core Viewpoint - Unifi, Inc. will host a conference call to discuss its second quarter fiscal 2026 financial results on February 4, 2026 [1] Company Information - Unifi, Inc. is a leading innovator in recycled and synthetic yarns and is known for its REPREVE® brand [1] - The financial results and supporting materials will be available after market trading on the preceding day [1]
Unifi, Inc. (UFI): A Bull Case Theory
Yahoo Finance· 2025-12-05 02:47
Group 1 - Unifi, Inc. (UFI) is positioned for recovery after a significant downturn in the textile industry, with easing pressures from the pandemic and tariff uncertainties expected to drive demand normalization and restocking [2][3] - The company generates approximately 60% of its revenue in the U.S. and has potential for growth in recycled polyester products, with management projecting at least 10% revenue growth by 2026 due to cost-cutting and asset optimization [3] - UFI's trailing revenues are $571 million, compared to a normalized $700 million, leading to a low price-to-sales ratio of 0.14x, suggesting a potential share price increase to between $22 and $35, indicating a fivefold upside from current levels [4] Group 2 - Insider confidence is bolstered by significant stakes from notable figures like Home Depot co-founder Ken Langone, indicating trust in management's ability to navigate through the downturn [5] - The sale of the Madison, North Carolina facility has reduced UFI's debt by over $40 million and is expected to save $20 million annually, aiding in reaching breakeven even in weak market conditions [3] - UFI is not among the 30 most popular stocks among hedge funds, with a decrease in hedge fund portfolios holding UFI from 11 to 9, although it is still recognized for its investment potential [8]