UNIFI INC reported third fiscal quarter ended March 29, 2026 results: revenue $130.0 million, net income $2.3 million, EPS $0.12 per share.
“Third Quarter Fiscal 2026 Highlights • Cash provided by operating activities was $8.0 million during the third quarter of fiscal 2026 and $24.4 million during the nine months ended March 29, 2026. • Debt principal was $94.9 million and Net Debt* was $68.4 million at March 29, 2026. • SG&A expenses were $11.2 million, a decrease of 9.0% from the third quarter of fiscal 2025, primarily driven by cost reduction efforts. • Net sales were $130.0 million, a decrease of 11.3% from the third quarter of fiscal 2025, but an increase of 7.1% sequentially. • Revenues from REPREVE Fiber products were $38.2 million and represented 29% of net sales, compared to $34.3 million or 28% of net sales for the second quarter of fiscal 2026. • Gross profit was $9.1 million and gross margin was 7.0%, compared to gross loss of $0.4 million and gross margin of (0.3)% for the third quarter of fiscal 2025. • Net loss was $2.3 million, or $0.12 per share, which includes $1.8 million in gain on foreign currency tran”
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.
“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”
Gregory K. Sigmon resigned as Executive Vice President, General Counsel, and Corporate Secretary at UNIFI INC.
“On March 5, 2024, Gregory K. Sigmon, Executive Vice President, General Counsel, and Corporate Secretary of Unifi, Inc. (the “Company”), notified the Company of his resignation from all of his positions with the Company and its subsidiaries and affiliates, effective March 22, 2024.”
A.J. Eaker was appointed as Executive Vice President, Chief Financial Officer, and Treasurer at UNIFI INC.
“On February 2, 2024, in connection with his appointment as Executive Vice President, Chief Financial Officer, and Treasurer of the Company, Mr. Eaker and the Company entered into an Employment Agreement”
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