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Stock impact report

Unifi (UFI) Q1 2026 Earnings Transcript [Globe and Mail, The (Toronto, Canada)]

Unifi, Inc. New (UFI) 
Last unifi, inc. new earnings: 4/30 05:15 pm Check Earnings Report
US:NYSE Investor Relations: investor.unifi.com/investor-overview
President & Chief Executive Officer — Edmund Ingle Chief Financial Officer & Vice President — A.J. Eaker Takeaways Consolidated net sales -- $135.7 million, declining 8% year over year, attributed primarily to tariff-related uncertainty and soft demand across all business segments. Gross profit -- $3.4 million, with a gross margin of 2.5%, reflecting lower sales and transition-related costs tied to U.S. facility consolidation. Americas segment net sales -- Decreased 1.3%, caused by reduced sales volume and ongoing productivity shortfalls post-consolidation. Asia segment net sales -- Fell 19%, while gross profit declined 16%, citing volume declines and unfavorable pricing, but gross margin improved by 40 basis points due to the asset-light model. Brazil segment performance -- Both net sales and gross profit declined due to import pricing pressures and lower sales volumes, despite continued underlying demand strength. SG&A cost reduction -- New cost plan is expected to Show less Read more
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