---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-055732"
form_type: "8-K"
ticker: "UFI"
cik: "0000100726"
company_name: "UNIFI INC"
filed_at: "2024-05-08T23:59:59+00:00"
generated_at: "2026-06-02T08:24:36.832662+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Unifi Q3 net loss $10.3M, sales $149M; guides Q4 sales $160-165M, EBITDA $4-6M

## Summary
- Net sales $149.0M, up 9% sequentially but down 5% from $156.7M in prior-year Q3.
- Net loss $10.3M ($0.57/sh) vs $5.2M loss in prior-year Q3; adjusted EBITDA ($0.8)M vs $5.0M.
- Gross margin 3.2% improved sequentially on cost-saving plan; REPREVE revenue $46.8M (31% of sales).
- Q4 guidance: net sales $160-165M, adjusted EBITDA $4-6M, capex $4-5M.
- CEO cites destocking bottom and market share gains; expects sequential improvement.

## SEC filing metadata
- accession: 0000950170-24-055732
- form_type: 8-K
- ticker: UFI
- cik: 0000100726
- company_name: UNIFI INC
- filed_at: 2024-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/100726/000095017024055732/0000950170-24-055732-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/100726/000095017024055732/ufi-20240508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-055732
- JSON: https://secwatch.observer/filing/0000950170-24-055732.json
- Plain text: https://secwatch.observer/filing/0000950170-24-055732.txt

## Key facts
- Earnings Releases
  UNIFI INC reported the third fiscal quarter ended March 31, 2024 results: revenue $149.0 million, net income $10.3 million, EPS $0.57 per share.
  - Period: the third fiscal quarter ended March 31, 2024
  - Revenue: $149.0 million
  - Net income: $10.3 million
  - EPS: $0.57 per share
  - Result: reported results
  source text: in recycled and synthetic yarns, today released operating results for the third fiscal quarter ended March 31, 2024. Third Quarter Fiscal 2024 Overview • Net sales were $149.0 million, an increase of 9% from the second quarter of fiscal 2024, driven by higher sales volumes. • Revenues from REPREVE Fiber products were $46.8 million and represented 31% of net
  evidence_url: https://www.sec.gov/Archives/edgar/data/100726/000095017024055732/0000950170-24-055732-index.htm

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