secwatch.observer — SEC 8-K summary
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Issuer:     UNIFI INC (UFI)
CIK:        0000100726
Form:       8-K
Filed at:   2023-08-23T23:59:59+00:00
Accession:  0000950170-23-044149
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unifi Q4 net loss $15.3M, EPS ($0.85); sales $151.1M on weak demand
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- Net sales $151.1M, pressured by weak demand and volatile ordering from brands/retailers.
- Net loss $15.3M ($0.85/share); operating loss includes $8.2M impairment for abandoned machinery.
- Adjusted net loss $7.0M, Adjusted EBITDA $1.7M (excluding impairment).
- REPREVE Fiber revenue $44.5M (29% of sales), hurt by lower Asia volumes.
- Cash $47M, borrowing >$30M; debt principal $140.9M, net debt $93.9M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100726/000095017023044149/0000950170-23-044149-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100726/000095017023044149/ufi-20230823.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-044149

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer