---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-017253"
form_type: "8-K"
ticker: "UFI"
cik: "0000100726"
company_name: "UNIFI INC"
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-15T23:55:05.121174+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Unifi Q3 FY2023 net loss $5.2M; sales up 15.1% sequentially to $156.7M

## Summary
- Net sales of $156.7M, up 15.1% sequentially but pressured by apparel destocking.
- Net loss of $5.2M ($0.29 per share); Adjusted Net Loss of $4.6M.
- Adjusted EBITDA of $5.0M, improving $18.0M sequentially from prior quarter.
- REPREVE Fiber represented 32% of net sales ($49.6M), impacted by lower Asia volumes.
- Gross margin 6.2%; operating loss of $2.7M; liquidity healthy with cost controls.

## SEC filing metadata
- accession: 0000950170-23-017253
- form_type: 8-K
- ticker: UFI
- cik: 0000100726
- company_name: UNIFI INC
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100726/000095017023017253/0000950170-23-017253-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100726/000095017023017253/ufi-20230503.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-017253
- JSON: https://secwatch.observer/filing/0000950170-23-017253.json
- Plain text: https://secwatch.observer/filing/0000950170-23-017253.txt

## Key facts
- Earnings Releases
  UNIFI INC reported the third fiscal quarter ended April 2, 2023 results: revenue $156.7 million, net income Net loss was $5.2 million, or $0.29 per share, EPS $0.29 per share.
  - Period: the third fiscal quarter ended April 2, 2023
  - Revenue: $156.7 million
  - Net income: Net loss was $5.2 million, or $0.29 per share
  - EPS: $0.29 per share
  - Result: reported results
  source text: in recycled and synthetic yarns, today released operating results for the third fiscal quarter ended April 2, 2023. Third Quarter Fiscal 2023 Overview • Net sales were $156.7 million, up 15.1% sequentially, yet pressured by near-term inventory destocking measures taken by apparel brands and retailers. • Revenues from REPREVE Fiber products represented 32% of
  evidence_url: https://www.sec.gov/Archives/edgar/data/100726/000095017023017253/0000950170-23-017253-index.htm

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