secwatch.observer — SEC 8-K summary
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Issuer:     UNIFI INC (UFI)
CIK:        0000100726
Form:       8-K
Filed at:   2025-02-05T23:59:59+00:00
Accession:  0000950170-25-014536
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 2.05, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100726/000095017025014536/0000950170-25-014536-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100726/000095017025014536/ufi-20250203.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-014536

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