SEC Form 10-Q filed by Unifi Inc. New

Proceeds allocated to reduce debt, strengthen balance sheet, and enhance future financial performance Unifi, Inc. (NYSE:UFI) (together with its consolidated subsidiaries, "UNIFI"), the makers of REPREVE® and one of the world's leading innovators in recycled and synthetic yarns, today announced the closing of the sale of its manufacturing facility in Madison, North Carolina to a third-party buyer. Transaction Highlights: Transaction valued at $45.0 million, with $25.0 million of net proceeds used to reduce the existing term loan and $18.3 million of net proceeds used to reduce outstanding revolving loans. Accordingly, on May 20, 2025, the term loan balance was reduced to $67.0 million an

Revolutionary offering provides exceptional durability, functionality, and appearance for critical military and tactical applications; available globally and made-in-USA, including on the REPREVE platform Unifi, Inc. (NYSE:UFI), the makers of REPREVE® and one of the world's leading innovators in recycled and synthetic yarns, today launched Fortisyn™, an abrasion-resistant yarn engineered for ultimate durability in tactical applications. This innovative yarn provides fabrics with enhanced tear and tensile strength, offering a robust solution for military and first responder uniforms and tactical gear. Fortisyn is available made-in-USA for Berry Amendment compliant applications. Fabrics con

Improved business conditions and strategic transition in Americas segment positions Company for future growth and profitability Unifi, Inc. (NYSE:UFI), the makers of REPREVE® and one of the world's leading innovators in recycled and synthetic yarns, today released operating results for the third fiscal quarter ended March 30, 2025. Third Quarter Fiscal 2025 Overview Net sales were $146.6 million, a decrease of 1.6% from the third quarter of fiscal 2024, primarily driven by a less favorable sales mix and lower sales volumes in the Asia Segment and unfavorable foreign currency effects in the Brazil Segment. Revenues from REPREVE Fiber products were $44.7 million and represented 31% of n

Proceeds allocated to reduce debt, strengthen balance sheet, and enhance future financial performance Unifi, Inc. (NYSE:UFI) (together with its consolidated subsidiaries, "UNIFI"), the makers of REPREVE® and one of the world's leading innovators in recycled and synthetic yarns, today announced the closing of the sale of its manufacturing facility in Madison, North Carolina to a third-party buyer. Transaction Highlights: Transaction valued at $45.0 million, with $25.0 million of net proceeds used to reduce the existing term loan and $18.3 million of net proceeds used to reduce outstanding revolving loans. Accordingly, on May 20, 2025, the term loan balance was reduced to $67.0 million an

Improved business conditions and strategic transition in Americas segment positions Company for future growth and profitability Unifi, Inc. (NYSE:UFI), the makers of REPREVE® and one of the world's leading innovators in recycled and synthetic yarns, today released operating results for the third fiscal quarter ended March 30, 2025. Third Quarter Fiscal 2025 Overview Net sales were $146.6 million, a decrease of 1.6% from the third quarter of fiscal 2024, primarily driven by a less favorable sales mix and lower sales volumes in the Asia Segment and unfavorable foreign currency effects in the Brazil Segment. Revenues from REPREVE Fiber products were $44.7 million and represented 31% of n

Unifi, Inc. (NYSE:UFI), the makers of REPREVE® and one of the world's leading innovators in recycled and synthetic yarn, will host a conference call at 9:00 a.m., Eastern Time, on Thursday, May 1, 2025, to discuss its third quarter fiscal 2025 financial results. The third quarter fiscal 2025 financial results and supporting materials will be available after the close of market trading on Wednesday, April 30, 2025, on the Company's website at http://investor.unifi.com. The conference call can be accessed approximately 10 minutes prior to the beginning of the call by dialing (800) 715-9871 (Domestic) or (646) 307-1963 (International) and, when prompted, providing conference ID number 5495097