{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-009475","form_type":"8-K","ticker":"UFI","cik":"0000100726","company_name":"UNIFI INC","filed_at":"2024-01-31T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.075010+00:00","generated_at":"2026-06-06T12:38:35.162064+00:00","sec_items":["2.02","5.02","7.01","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Unifi reports Q2 net loss $19.8M; unveils Profitability Improvement Plan targeting $20M annual savings","bullets":["Net sales $136.9M (+0.5% YoY); net loss $19.8M ($1.10/sh) vs $18.0M loss prior year.","Adjusted EBITDA ($5.5M) vs ($13.0M) YoY; REPREVE revenue $45.7M (33% of sales).","Profitability Improvement Plan to reduce expenses $10-15M annually; sales transformation to add $6M, total $20M run-rate savings by FY2025.","A.J. Eaker promoted to CFO; Meredith Boyd to Chief Product Officer; Brian Moore to President of Unifi Manufacturing.","Severance charge of $2.4M recorded in Q2; headcount reductions completed."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-009475","json":"https://secwatch.observer/filing/0000950170-24-009475.json","markdown":"https://secwatch.observer/filing/0000950170-24-009475.md","text":"https://secwatch.observer/filing/0000950170-24-009475.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/100726/000095017024009475/0000950170-24-009475-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/100726/000095017024009475/ufi-20231231.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T12:38:35.162064+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"0186036331dd21cf0e3200e2a921b0c9ba337322","claim":"UNIFI INC reported second fiscal quarter ended December 31, 2023 results: revenue $136.9 million, net income Net loss was $19.8 million, or ($1.10) per share, EPS ($1.10) per share.","evidence_excerpt":"Net sales were $136.9 million, an increase of 0.5% from the second quarter of fiscal 2023, driven by higher sales volumes that were muted by lower pricing in response to lower raw material costs.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100726/000095017024009475/0000950170-24-009475-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second fiscal quarter ended December 31, 2023"},{"label":"Revenue","value":"$136.9 million"},{"label":"Net income","value":"Net loss was $19.8 million, or ($1.10) per share"},{"label":"EPS","value":"($1.10) per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"3facde4b31","claim":"Andrew J. Eaker was appointed as Executive Vice President, Chief Financial Officer, and Treasurer at UNIFI INC.","evidence_excerpt":"appointed Andrew J. (\"A.J.\") Eaker as the Company's Executive Vice President, Chief Financial Officer (principal financial officer and principal accounting officer), and Treasurer, effective immediately.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/100726/000095017024009475/0000950170-24-009475-index.htm","confidence":1.0,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Executive Vice President, Chief Financial Officer, and Treasurer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}