Unifi (UFI) Q3 2026 Earnings Transcript
Unifi (UFI) reported an 11% year-over-year decline in consolidated net sales but a 7% sequential increase, with gross profit improving to $9.1 million from a gross loss of $0.4 million in the prior-year period. The company generated $7.2 million in free cash flow during the quarter and announced new sustainability goals, including recycling 65 billion plastic bottles by 2030.
Unifi (UFI) reported its Q3 2026 earnings, with consolidated net sales down 11% year over year but up 7% sequentially. Gross profit was $9.1 million, improving from a gross loss of $0.4 million in the prior-year period. The company's Americas segment achieved a gross profit of $3.6 million, its first positive result in several quarters. Unifi generated $7.2 million in free cash flow during the quarter, bringing its year-to-date total to $20.5 million. The company launched its Luxelle yarn technology, featuring 30% textile-to-textile recycled REPREVE content. Unifi also announced new sustainability goals, including recycling 65 billion plastic bottles by 2030 and converting 1.5 billion T-shirts worth of textile waste into REPREVE products.
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