secwatch.observer — SEC 8-K summary
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Issuer:     UNIFI INC (UFI)
CIK:        0000100726
Form:       8-K
Filed at:   2025-04-30T23:59:59+00:00
Accession:  0000950170-25-061125
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Unifi Q3 net loss widens to $0.92/share; announces $53.2M facility sale
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- Net sales $146.6M, down 1.6% YoY; gross margin negative 0.3% vs +3.2% a year ago.
- Net loss $16.8M ($0.92/share) vs loss $10.3M ($0.57); Adjusted EBITDA −$4.9M (vs −$0.8M).
- REPREVE fiber revenue $44.7M, 31% of sales; Americas segment improved, Asia and Brazil weaker.
- Entered agreement to sell Madison, NC facility for $53.2M; closing expected May 15, 2025, proceeds to repay debt.
- Expects ~$20M annual cost savings from manufacturing transition, with $6-8M restructuring costs in Q4.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/100726/000095017025061125/0000950170-25-061125-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/100726/000095017025061125/ufi-20250430.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-061125

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