Unifi reports Q3 adjusted EPS (76c) vs (57c) last year

Reports Q3 revenue $146.557M vs $148.996M last year. Eddie Ingle, Chief Executive Officer of Unifi (UFI), Inc., stated, “Our results for the third quarter were in line with our expectations, driven by an improved performance in our Americas segment due to the positive traction we have experienced with the growth of our business in Central America. On the efficiency front, we have made progress on optimizing the cost structure of our U.S. operations. In addition, once finalized, the sale of our Madison, North Carolina manufacturing facility will allow us to reduce our outstanding debt and enhance our financial position. As we look ahead to the remainder of calendar 2025, we expect to see further benefits from our restructuring actions, which will improve our cost structure and operational performance. This gives us confidence that UNIFI is well-positioned to pivot to growth.”