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Unifi Q4 revenue rises on Brazil segment sales

Unifi Q4 revenue rises on Brazil segment sales


Overview

  • U.S. recycled yarn maker's fiscal Q4 revenue rose 4%, driven by Brazil segment sales

  • Company posted net loss after prior-year profit included large asset sale gain

  • Unifi agreed to sell non-strategic real estate for $60 mln to boost financial flexibility


Outlook

  • Unifi expects fiscal 2027 sales and profitability to improve from fiscal 2026

  • Company sees Brazil Segment sales and profitability improving in the first qtr of fiscal 2027

  • Company expects Asia Segment to remain pressured due to regional softness and geopolitical volatility


Result Drivers

  • BRAZIL SEGMENT SALES - Higher sales in Brazil drove most of the Q4 revenue increase

  • COST REDUCTION INITIATIVES - Multi-year cost reduction efforts improved gross profit, especially in the Americas segment

  • FAVORABLE PRICING IN BRAZIL - Brazil segment gross profit rose due to favorable pricing dynamics


Company press release: ID:nBw2YBXTXa


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q4 Revenue

$144.2 mln

$139.75 mln (1 Analyst)

Q4 Loss Per Share

$0.06

Q4 Net Loss

$1.2 mln

Q4 Adjusted EBITDA

$8.2 mln

Q4 Operating Income

$2.4 mln

Q4 Pretax Profit

$1.3 mln


Analyst Coverage

  • Wall Street's median 12-month price target for Unifi Inc is $12.00, about 53.3% above its August 19 closing price of $7.83


Reuters Recommended Reads

  • Aug 19 - Crystal International H1 revenue rises; raises dividend

  • Aug 18 - Mexico's Braskem Idesa files for bankruptcy in US, firm discusses similar path in Brazil

  • Aug 17 - China Lilang H1 revenue rises on operational efficiency improvement, longer peak season sales


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.)

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