Unifi Q2 revenue falls on trade uncertainty

Unifi

03/02/2026 21:25

Overview

Recycled yarn maker's fiscal Q2 revenue fell 12.6% yr/yr due to trade uncertainty

Gross profit for fiscal Q2 rose to $3.6 mln from $0.5 mln last year

Net loss for fiscal Q2 improved to $9.7 mln from $11.4 mln last year

Outlook

Unifi expects lower operating cash flows in Q3 due to increased working capital needs

Company sees signs of a return to a normalized operating environment

Result Drivers

COST ALIGNMENT - Unifi's cost and footprint reductions improved profitability at lower revenue levels

TRADE UNCERTAINTY - Net sales decreased due to lower customer ordering patterns from trade and tariff-related uncertainty

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Slight Beat*
$121.37 mln
$120.18 mln (1 Analyst)
Q2 EPS
-$0.53
Q2 Net Income
-$9.71 mln
Q2 Adjusted EBITDA
-$700,000
Q2 Operating Income
-$7.28 mln
Q2 Pretax Profit
-$8.75 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

Wall Street's median 12-month price target for Unifi Inc is $12.00, about 206.1% above its February 2 closing price of $3.92

Press Release: ID:nBw4LK4cPa

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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.)