secwatch.observer — SEC 8-K summary
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Issuer:     UNIFI INC (UFI)
CIK:        0000100726
Form:       8-K
Filed at:   2023-11-01T23:59:59+00:00
Accession:  0000950170-23-057479
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unifi Q1 FY2024 net sales $138.8M (-22.7% YoY), net loss $13.3M
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- Net sales $138.8M, down 22.7% YoY; REPREVE Fiber sales $42.5M (31% of sales).
- Net loss $13.3M ($0.73/share); Adjusted EBITDA ($4.8)M.
- Operating cash flow $7.1M; cash increased $4.6M; debt principal $141.5M; net debt $90.0M.
- Gross loss $0.6M, gross margin (0.4)% due to weak apparel demand.
- Management cites disciplined cost control and reduced capex aiding cash generation.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100726/000095017023057479/0000950170-23-057479-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100726/000095017023057479/ufi-20231101.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-057479

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