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Article Date: August 2025
Word Count: 247

Unifi Swings to Profit on Factory Sale


Proceeds from the sale of UFI’s Madison, NC, manufacturing facility more than offset a restructuring charge and continued weak operating results, resulting in net income of $15,470,000 against a loss of $3,984,000 for the final fiscal quarter ended June 29. Revenues at the recycled and synthetic yarn maker fell by 12% to $138,535,000 from $157,452,000, and gross margin remained negative. Repreve fiber product revenue was $42.1 million and represented 30% of net sales. The factory sale netted $35.8 million in income, while the one-time charge for restructuring amounted to $7.6 million.