secwatch.observer — SEC 8-K summary
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Issuer:     UNIFI INC (UFI)
CIK:        0000100726
Form:       8-K
Filed at:   2023-05-03T23:59:59+00:00
Accession:  0000950170-23-017253
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100726/000095017023017253/0000950170-23-017253-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100726/000095017023017253/ufi-20230503.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-017253

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