Recycled fibers firm Unifi's Q1 net sales fall on trade issues

Unifi

04/11/2025 22:08

Overview

Unifi fiscal Q1 net sales fall 7.9% yr/yr due to trade and tariff uncertainties

Company reports fiscal Q1 net loss of $11.4 mln, impacted by transition costs

Unifi launches restructuring program to enhance cost structure and profitability

Outlook

Unifi expects improved operating cash flows in Q2 fiscal 2026

Company to minimize operational and capital expenditures in fiscal 2026

Result Drivers

TRADE UNCERTAINTY - Co attributes 7.9% decline in net sales to trade and tariff-related uncertainty and demand volatility

RESTRUCTURING PROGRAM - Co launched restructuring program to enhance cost structure and drive profitability

NEW PRODUCT LAUNCH - Co launched A.M.Y. Peppermint, a naturally deodorizing yarn, to support sustainable innovation

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
$135.67 mln
$135.25 mln (1 Analyst)
Q1 EPS
-$0.62
Q1 Net Income
-$11.35 mln
Q1 Adjusted EBITDA
-$2.50 mln
Q1 Operating Income
-$9.63 mln
Q1 Pretax Profit
-$11.16 mln


Analyst Coverage

Wall Street's median 12-month price target for Unifi Inc is $12.00, about 63.9% above its November 3 closing price of $4.33

The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nBw2LsxTLa

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)