In the company's fourth-quarter report, the CEO said the company closed fiscal 2026 “with clear momentum."
Arthur Zaczkiewicz·2026.08.21EN
档案整理中本篇暂以摘要模式呈现，完整解析待补充。可点击右侧「阅读原文」查看来源。
事件背景基于真实抓取数据整理
本条来自 WWD（Luxury / Fashion），聚焦 luxury、consumer。 Bridging the Gap Between AI and Product Data
Original Intelligence基于真实抓取数据整理
In the company's fourth-quarter report, the CEO said the company closed fiscal 2026 “with clear momentum
Sourcing Journal
Beauty Inc
Sourcing Journal
site categories
Bridging the Gap Between AI and Product Data
In the company's fourth-quarter report, the CEO said the company closed fiscal 2026 “with clear momentum
"
Sourcing Journal
Beauty Inc
Sourcing Journal
site categories
Denim
Industry News
Sustainability
Logistics
Trade
Webinars
Reports
Fall Summit
Lifestyle Monitor
WWD
Click to expand the Mega Menu
Got a Tip?
Sourcing Journal
Click to Expand Search Input
Plus Icon
Click to Close Search Input
Newsletters
Account
Welcome
Manage Account
Log Out
Log In
Sign Up
Trade
Tariff Ticker
Sustainability
Material World
Industry News
Exec Moves
Home
Sourcing Journal
Industry News
Cost-cutting is Paying Off for Unifi
By
Arthur Zaczkiewicz
Arthur Zaczkiewicz
More Stories by Arthur
Bridging the Gap Between AI and Product Data
Why It Is Important to See Supply Chains as Human Networks
Authentic Teams Up with Luzern eCommerce to Give its Brands Better Access to European Markets
August 20, 2026 1:38pm
Share this article on Facebook
Share this article on X
Share this article on Google Preferred
Share this article on Pin It
Share this article on Flipboard
Share this article on Tumblr
Share this article on Reddit
Share this article on LinkedIn
Share this article on WhatsApp
Share this article on Email
Print this article
Share this article on Talk
Share this article on Facebook
Share this article on X
Share this article on Google Preferred
Share this article on Pin It
Share this article on Flipboard
Share this article on Tumblr
Share this article on Reddit
Share this article on LinkedIn
Share this article on WhatsApp
Share this article on Email
Print this article
Share this article on Talk
Share this article on Facebook
Share this article on X
Share this article on Google Preferred
Share this article on Pin It
Share this article on Flipboard
Share this article on Tumblr
Share this article on Reddit
Share this article on LinkedIn
Share this article on WhatsApp
Share this article on Email
Print this article
Share this article on Talk
Share this article on Facebook
Share this article on X
Share this article on Google Preferred
Share this article on Pin It
Share this article on Flipboard
Share this article on Tumblr
Share this article on Reddit
Share this article on LinkedIn
Share this article on WhatsApp
Share this article on Email
Print this article
Share this article on Talk
Although Unifi Inc., the recycled and synthetic yarn maker, delivered a net loss for its fiscal fourth quarter, the company posted higher sales and gross profit while reducing expenses.
The net loss was $1.2 million, or 6 cents per share, which compares to a net income of $15.5 million, or 82 cents per share, in the same period last year, which the company said included a $35.8 million gain on the sale of a manufacturing facility, and was partially offset by $10.6 million in “transition costs.”
Related Stories
Industry News
Unifi to Sell $60M in Non-strategic Real Estate to Alleviate Debt
Industry News
Sales Down, Profits Up Year-Over-Year for Unifi in Q3
Net sales rose 4.1 percent in the quarter to $144.2 million, with revenues from its Repreve Fiber products line coming in at $40.2 million, which represents 28 percent of net sales. Gross profit came in at $14.3 million, which compares to a gross loss of $1.1 million for the same period last year.
Eddie Ingle, chief executive officer of Unifi Inc., said the company closed fiscal 2026 “with clear momentum, highlighted by meaningful improvement in profitability and cash generation.”
“These results reflect disciplined execution of our cost reduction, operational optimization, and portfolio management initiatives, each of which has driven [down] our revenue break-even point,” the CEO said. “As we enter fiscal 2027, Unifi is operating from a healthier financial position, with a more focused cost structure and a balance sheet that we expect to further strengthen through the planned sale of non-strategic real estate assets.”
In other line items, selling, general and administrative (SG&A) expenses came in at $11.8 million, which is a decrease of 1 percent from the fourth quarter of fiscal 2025. The company said the drop was “primarily driven by cost reduction efforts.”
Unifi also said in a statement announcing results that following the fourth fiscal quarter, it entered into an agreement “to sell certain non-strategic real estate assets.” Earlier this week , the company said those assets were in Yadkin County, N.C., and were sold for $60 million to reduce debt. The assets include approximately 120 acres of land and 500,000 square feet of warehouse space at the company’s Yadkinville operation, which remains open.
The buyer, data center operator WhiteFiber, is acquiring the property through its wholly owned subsidiary, Enovum Data Centers Corp.; WhiteFiber is also developing a $1 billion data center at Unifi’s former manufacturing site in nearby Madison, N.C. The transaction is expected to close in the fourth quarter.
Regarding the higher sales in the quarterly report, the company said it was primarily due to higher sales from the Brazil Segment and was partially offset “by tepid customer ordering patterns in the Americas and Asia Segments stemming from geopolitical, trade and tariff-related uncertainty.”
For 2027, Unifi said it will focus on leveraging the company’s improved cost footprint while investing in innovation. The company also said it will manage the balance sheet “to ensure that the company remains better positioned to capitalize on improved business conditions and grow over time.”
Ingle said as the company enters fiscal 2027, “We are seeing encouraging signs across several areas of our business, including Beyond Apparel, which continues to contribute to our improving financial performance. We remain focused on positioning the business for long-term growth, driving disciplined capital allocation and executing additional initiatives designed to further strengthen our businesses.”
“While Unifi has entered the new fiscal year in a position of greater financial strength, our focus remains on executing our strategy, serving our customers and building on the momentum that we have established that will help create long-term value for our shareholders,” the CEO added.
On an earnings call with analysts Thursday morning, Ingle said in the Americas, “We expect that the broader market environment will remain challenging in terms of revenues, but our focus will continue to remain on driving growth in margin-accretive revenues from our value-added products and Beyond Apparel initiatives. And this business segment is expected to yield improved year-over-year and sequential margins.”
Receive Our Daily Newsletter & Special Offers
Receive Our Daily Newsletter & Special Offers
A survey of manufacturing executives conducted by Propel and Talker Research reveals the importance of MCP servers.
Industry veteran Angela Rhea from TradeBeyond also explains the challenges facing retailers and brands.
Regardless of how advanced the technology becomes, organizations still face the same challenge of turning intelligence into operational action.
PMC Logo
Most Popular
Hayden Panettiere, Actress on 'Heroes' and 'Nashville,' Dies at 36
'X-Men' Movie Casts Inde Navarrette as Rogue, Christopher Abbott as Prof. X, Adam Driver as Mr. Sinister and Maya Boyd as Storm
FBI Makes Major Decision in Nancy Guthrie Case as Her Disappearance Remains Unsolved
2 Nicaragua Little League World Series Players Denied Entry to U.S.
You May Also Like
JD Sports Shares Tumble on ‘Weak Consumer Sentiment’ and Shoe Sales Slowdown
3 hrs ago
Fashion Loves Food 2025
11 months ago
Fullerton Backs Usha Yarns’ Expansion in Recycled Fiber Production
2 hrs ago
ESPN Unlimited Turns 1: What We’ve Learned and What’s Next
33 minutes ago
Gagosian to Show New Jordan Wolfson Works at His First Show With the Gallery in New York
3 hrs ago
Subscribe
Customer Service
Customer Service
Sourcing Journal
About Us
Our Staff
Contact Us
Advertise With Us
Accessibility
Legal
Terms & Conditions
Privacy Policy
AdChoices
California Privacy Rights
Your Privacy Choices
Follow Us
Facebook
Facebook
Instagram
Instagram
LinkedIn
LinkedIn
X
X
Stay in the Know
Enter your Email
Subscribe
Subscribe
By providing your information, you agree to our Terms of Use and our Privacy Policy .
We use vendors that may also process your information to help provide our services. // This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply.
Authentic Teams Up with Luzern eCommerce to Give its Brands Better Access to European Markets…
consumer
JD Sports Shares Tumble on ‘Weak Consumer Sentiment’ and Shoe Sales Slowdown…
revenue
Net sales rose 4.1 percent in the quarter to $144.2 million, with revenues from its Repreve Fiber products line coming in at $40.2 million, which represents 28 percent of net sales…
