UNIFI INC (UFI): restructuring charge — 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.

item 2.02 item 2.05 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Restructurings & Charges SEC 8-K Item 2.05/2.06 confidence 0.9

UNIFI INC announced a restructuring with charges of approximately $5.0 million to $7.5 million affecting Madison, North Carolina facility (up to 250 positions).

Type: restructuring
Charge: approximately $5.0 million to $7.5 million
Affected area: Madison, North Carolina facility
Headcount: up to 250 positions

Exact text from the filing

On February 3, 2025, Unifi, Inc. issued a news release announcing that its wholly-owned subsidiary, Unifi Manufacturing, Inc. (together referred to as “UNIFI” or the “Company”), will be closing its facility in Madison, North Carolina, and transitioning those manufacturing operations to other production facilities in North and Central America. The footprint reduction will improve efficiency and allow for a significant increase in utilization rates at the other production facilities. The consolidation of the Company’s yarn manufacturing operations is expected to result in the elimination of up to 250 positions at the Madison facility. The property is currently being marketed for sale and it is anticipated that operations at the Madison facility will cease by the end of September 2025. UNIFI expects to incur restructuring charges of approximately $5.0 million to $7.5 million related to the facility’s closure.

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Source: SEC EDGAR

accession 0000950170-25-014536

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