Unifi Q3 revenue falls on lower customer orders

Unifi

05/05/2026 21:57

Overview

U.S. recycled yarn maker's fiscal Q3 revenue fell 11% yr/yr on lower customer orders

Net loss narrowed sharply from prior year

Company cites cost reductions and operational realignment as key to profitability improvement

Outlook

Company says Q4 results will include price increases due to petrochemical-related inflation

Unifi expects to support higher working capital levels to accommodate demand and inflation

Result Drivers

LOWER CUSTOMER ORDERS - Co said revenue fell due to lower customer ordering patterns linked to geopolitical, trade, and tariff-related uncertainty

COST REDUCTION EFFORTS - Profitability improvement was mainly driven by multi-year cost reduction actions, especially in the Americas segment

IMPORT PRICING PRESSURES AND LOWER VOLUMES - Gross profit in Brazil and Asia segments declined due to import pricing pressures and lower sales volumes

Company press release: ID:nBw29WL0Ya

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Slight Miss*
$130 mln
$130.52 mln (1 Analyst)
Q3 EPS
-$0.12
Q3 Net Income
-$2.3 mln
Q3 Adjusted EBITDA
$4 mln
Q3 Operating Income
-$117,000


*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 241.9% above its May 4 closing price of $3.51

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)