Unifi, Inc. (NYSE: UFI) Reports Q4 Earnings, Highlights Improving Financial Performance

• Unifi, Inc. met the analyst consensus estimate with a fiscal fourth-quarter adjusted loss per share of $0.06, improving from an adjusted loss of $0.56 per share in the prior-year quarter.
• The company generated $144.22 million in net sales, exceeding the consensus estimate of $139.75 million, as consolidated sales increased 4.1% year over year.
• Unifi ended fiscal 2026 with a current ratio of approximately 3.33 and a debt-to-equity ratio of approximately 0.40, while reducing its debt principal by $15.6 million during the year.

Unifi, Inc. (NYSE: UFI) is a global manufacturer of synthetic and recycled textile products, including polyester and nylon yarns. The company is particularly known for REPREVE, its brand of traceable recycled fibers and resins. Unifi reported results for its fourth fiscal quarter and fiscal year ended June 28, 2026.

On August 19, 2026, Unifi announced a fiscal fourth-quarter GAAP and adjusted loss per share of $0.06, matching the analyst consensus estimate. The adjusted result improved substantially from an adjusted loss of $0.56 per share in the prior-year quarter.

On a GAAP basis, however, the comparison was different. Unifi reported GAAP diluted earnings of $0.82 per share in the fourth quarter of fiscal 2025, primarily because that period included a $35.8 million gain from the sale of a manufacturing facility, partially offset by $10.6 million in transition costs. Excluding these items provides a clearer comparison of the company’s underlying operating performance. 

Unifi generated net sales of $144.22 million, exceeding the consensus estimate of $139.75 million. Sales increased 4.1%from $138.54 million in the prior-year quarter, primarily because of stronger results in the Brazil segment. Brazil segment sales rose 17.8% to $33.9 million, while sales in the Americas declined slightly and Asia segment sales increased 4.5%.

Revenue from REPREVE Fiber products totaled $40.2 million, representing 28% of quarterly net sales. However, the company did not provide a year-over-year comparison for REPREVE revenue, so the overall sales increase should not be attributed specifically to stronger REPREVE sales.

Unifi also demonstrated substantial improvement in profitability. Gross profit reached $14.3 million, compared with a gross loss of $1.1 million one year earlier. Gross margin improved to 9.9% from negative 0.8%, while adjusted EBITDA increased to $8.2 million from an adjusted EBITDA loss of $4.1 million.

Based on Unifi’s August 19 closing price and fiscal 2026 revenue, its Price-to-Sales ratio was approximately 0.28. The company’s P/E ratio remained negative—and therefore not meaningful as a conventional valuation measure—because Unifi reported a full-year GAAP net loss of $24.6 million, or $1.33 per share, in fiscal 2026.

Unifi reported $211.5 million in current assets and $63.6 million in current liabilities as of June 28, 2026, resulting in a current ratio of approximately 3.33. This indicates that the company had more than three dollars in current assets for every dollar of current liabilities, although approximately $101.1 million of its current assets consisted of inventory.

Debt principal declined to $92.4 million from $108 million one year earlier, while net debt decreased to $67.4 million. Based on debt principal and shareholders’ equity of $232.2 million, Unifi’s debt-to-equity ratio was approximately 0.40. The company also generated $26.5 million in operating cash flow during fiscal 2026, compared with a $21.3 million outflow in fiscal 2025.