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Unifi ( (UFI) ) has issued an announcement.
On May 20, 2025, Unifi Manufacturing, Inc., a subsidiary of UNIFI, Inc., completed the sale of its manufacturing facility in Madison, North Carolina, to Enovum NC-1 Bidco, LLC for $45 million. The transaction, which included the sale of machinery and equipment, allowed UNIFI to reduce its debt significantly by using $25 million of the proceeds to pay down term loans and $18.3 million to reduce revolving loans. This strategic move is expected to enhance UNIFI’s financial position and operational efficiency, with anticipated annualized cost savings of over $20 million. The sale also marks a significant step in transitioning UNIFI’s Americas business towards improved profitability, as the production capacity is relocated to other locations in North and Central America, optimizing operations and making the company leaner.
The most recent analyst rating on (UFI) stock is a Hold with a $12.00 price target. To see the full list of analyst forecasts on Unifi stock, see the UFI Stock Forecast page.
Spark’s Take on UFI Stock
According to Spark, TipRanks’ AI Analyst, UFI is a Neutral.
Unifi’s overall stock score of 48 reflects a company facing significant financial challenges, notably declining revenues and ongoing losses. Key strengths include strategic initiatives to optimize operations and improve financial performance, as highlighted in the earnings call. However, negative valuation metrics, such as a negative P/E ratio, and mixed technical signals weigh down the stock’s prospects.
To see Spark’s full report on UFI stock, click here.
More about Unifi
UNIFI, Inc. (NYSE: UFI) is a global leader in fiber science and sustainable synthetic textiles, known for its proprietary recycling technology that transforms post-industrial and post-consumer waste into sustainable products. The company is a pioneer in the industry with its REPREVE® brand, the leading brand of traceable, recycled fiber and resin. UNIFI operates vertically-integrated manufacturing facilities in the United States, Colombia, El Salvador, and Brazil, with sales offices worldwide, focusing on circular and sustainable solutions.
Average Trading Volume: 68,294
Technical Sentiment Signal: Sell
Current Market Cap: $86.3M
For a thorough assessment of UFI stock, go to TipRanks’ Stock Analysis page.