Unifi Reports Wider Fiscal Q1 Loss
Unifi, Inc., owner of the Repreve fiber brand, reported a wider adjusted loss in the fiscal first quarter ended September 29, with sales declining 7.9% year-over-year to $135.7 million.
The decline was attributed to trade and tariff-related uncertainty and demand volatility across each business segment. Gross profit was $3.4 million, with a gross margin of 2.5%, compared to $9.5 million and 6.4% in the prior year.
- Operating loss increased to $9.6 million, compared to $3.2 million in the prior year.
- Net loss was $11.4 million, or a loss of 62 cents per diluted share.
Unifi launched an additional restructuring program in October 2025 to enhance its cost structure and drive profitability and cash flows in fiscal 2026.
Author's summary: Unifi reports wider Q1 loss due to tariff uncertainty.
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