UNIFI®, Makers of REPREVE®, Reports Strong Gross Margin and Cash Generation in First Quarter Fiscal 2027 Results, and Closing of a $60 Million Non-Strategic Asset Sale to Eliminate an Outstanding $55.5 Million Term Loan
Business Wire•29/10/2026•16:05 ET
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Key Highlights
- ➤Gross profit $12.5M; gross margin 9.8%, up from 2.5% year-over-year
- ➤Adjusted EBITDA $6.1M, versus a $2.5M loss in fiscal 2026
- ➤Net sales $127.9M, down 5.7% year-over-year
- ➤$60.0M asset sale fully paid off the outstanding $55.5M term loan
- ➤Operating cash flow $3.7M marked the fourth consecutive positive quarter
Expert Statements
Eddie Ingle, Chief Executive Officer of Unifi, Inc.
“Our results for the first quarter demonstrate the continued benefits of the actions that have been implemented to improve operational efficiency and enhance both our cash generation and profitability performance.”
Eddie Ingle, Chief Executive Officer of Unifi, Inc.
“This is evident by the significant increase in gross profit year-over-year, which highlights the improved earnings potential of our business and our progress towards building a more profitable operating platform.”
Eddie Ingle, Chief Executive Officer of Unifi, Inc.
“Additionally, the recent closing on the sale of two non-strategic assets represents another important milestone in our plan to reduce debt and strengthen the balance sheet, helping create greater financial flexibility as we continue to execute our strategic priorities.”
Eddie Ingle, Chief Executive Officer of Unifi, Inc.
“Looking ahead, we remain focused on sustaining the operational improvements that we have made over the last few years.”
Eddie Ingle, Chief Executive Officer of Unifi, Inc.
“At the same time, we continue to invest in our platform of sustainable solutions, centered on our many REPREVE offerings, and to advance the adoption of innovative solutions that will help drive future growth.”
Eddie Ingle, Chief Executive Officer of Unifi, Inc.
“While near-term market and geopolitical headwinds persist, we remain confident that we are on the right path to returning Unifi to sustainable growth and enhanced profitability.”
UNIFI(®), Makers of REPREVE(®), Reports Strong Gross Margin and Cash Generation in First Quarter Fiscal 2027 Results, and Closing of a $60 Million Non-Strategic Asset Sale to Eliminate an Outstanding $55.5 Million Term Loan
Strategic initiatives drive continued improvement in profitability, cash flow generation and balance sheet strength
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