---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-014096"
form_type: "8-K"
ticker: "UFI"
cik: "0000100726"
company_name: "UNIFI INC"
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T18:12:11.225455+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Unifi pre-announces Q3 FY2023: net sales $155-157M, operating loss narrows to $2-3M

## Summary
- Net sales expected $155M-$157M, sequential increase of 14-15%.
- Gross profit of $9M-$10M, improving from gross loss of $8M in Q2.
- Operating loss between $2M and $3M, a $17M-$18M sequential improvement.
- Adjusted EBITDA between $4M and $5M, a $17M-$18M sequential improvement.
- Ended quarter with ~$50M cash, net debt $86M, and over $45M available borrowings.

## SEC filing metadata
- accession: 0000950170-23-014096
- form_type: 8-K
- ticker: UFI
- cik: 0000100726
- company_name: UNIFI INC
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100726/000095017023014096/0000950170-23-014096-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100726/000095017023014096/ufi-20230424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-014096
- JSON: https://secwatch.observer/filing/0000950170-23-014096.json
- Plain text: https://secwatch.observer/filing/0000950170-23-014096.txt

## Key facts
- Earnings Releases
  UNIFI INC reported fiscal third quarter ended April 2, 2023 results: revenue Net sales between $155 million and $157 million.
  - Period: fiscal third quarter ended April 2, 2023
  - Revenue: Net sales between $155 million and $157 million
  - Result: preliminary results
  source text: For the third quarter of fiscal 2023, UNIFI expects the following results, compared to the immediately preceding second quarter of fiscal 2023: • Net sales between $155 million and $157 million, a sequential quarter increase of 14% to 15%; • Gross profit between $9 million and $10 million, a sequential quarter improvement from a gross loss of $8 million; • Operating loss between $2 million and $3 million, a sequential quarter improvement of $17 million to $18 million; and • Adjusted EBITDA between $4 million and $5 million, a sequential quarter improvement of $17 million to $18 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/100726/000095017023014096/0000950170-23-014096-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.