Unifi Q2 net loss narrows to $11.4M; plans Madison plant closure with up to $7.5M charges

UNIFI INC

2025-Q2 EPS reported -$1.04 vs consensus -$0.81 ▼ miss (-28.7%)

Net sales $138.9M (+1.4% YoY); net loss $11.4M ($0.62/share) vs loss $19.8M ($1.10) prior year.
Adjusted EBITDA -$5.8M, excluding $4.3M warehouse gain; prior year -$5.5M (excl. $5.1M restructuring).
Closing Madison, NC facility by end of Sep 2025, eliminating up to 250 positions.
Restructuring charges expected $5.0M-$7.5M: $2M-$3.5M equipment, $2M-$3M employee, up to $1M other.
FY25 outlook: net sales roughly flat vs FY24; capex $14M-$16M; profitability expected to improve.

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