Unifi Q1 FY2027: Net Sales $127.9M, Gross Profit Narrows

Unifi, Inc. filed its quarterly report on Form 10-Q with the SEC on November 4, 2026, covering the three months ended September 27, 2026, and reporting net sales of $127,920 thousand alongside a year-over-year decline from the prior-period comparison figure of $135,674 thousand.

Key Highlights

  • Net sales: $127,920 thousand for the three months ended September 27, 2026, compared with $135,674 thousand for the three months ended September 28, 2025, according to the filing.
  • Cost of sales: $115,439 thousand in the current quarter, down from $132,287 thousand in the year-ago period, as reported in the condensed consolidated statements of operations.
  • Total assets: $388,372 thousand as of September 27, 2026, up from $386,433 thousand as of June 28, 2026.
  • Retained earnings: $212,467 thousand as of September 27, 2026, compared with $214,487 thousand at the close of fiscal year ended June 28, 2026.
  • Shares outstanding: 18,588,837 shares of common stock, par value $0.10 per share, as of October 30, 2026.
  • Long-term debt: $78,756 thousand as of September 27, 2026, with an additional current portion of $12,087 thousand.
  • Cash and cash equivalents: $26,091 thousand as of September 27, 2026, up from $25,072 thousand as of June 28, 2026.

Unifi's First-Quarter Results Reflect Textile Segment Cost and Revenue Shifts

Unifi, Inc. (NYSE:UFI), a Greensboro, North Carolina-based manufacturer of synthetic and recycled yarns used across the textile industry, reported first-quarter fiscal 2027 net sales of $127,920 thousand, a decrease from $135,674 thousand in the comparable prior-year quarter ended September 28, 2025, according to the condensed consolidated statements of operations included in the filing. The company's cost of sales also declined to $115,439 thousand from $132,287 thousand in the year-ago period, narrowing the gap between revenue and production costs.

On the balance sheet, the company disclosed total current assets of $218,684 thousand as of September 27, 2026, compared with $211,453 thousand at June 28, 2026. Inventories rose to $109,245 thousand from $101,067 thousand over the same interval, while receivables, net, decreased to $73,543 thousand from $76,666 thousand. Accounts payable increased to $37,500 thousand from $31,151 thousand, the filing noted. Total shareholders' equity stood at $231,217 thousand, a slight decrease from $232,222 thousand at the end of the prior fiscal year, driven in part by the movement in retained earnings from $214,487 thousand to $212,467 thousand.

Unifi disclosed that accumulated other comprehensive loss improved modestly to $(61,063) thousand from $(61,298) thousand. The company is classified as an accelerated filer and confirmed it is not a shell company. The filing noted that forward-looking statements are the company's own and are subject to its cautionary language, including risks from global textile industry competition, raw material pricing and availability, tariff and trade policy changes, and foreign currency exchange rate fluctuations, among other factors described in its Annual Report on Form 10-K for the fiscal year ended June 28, 2026.

What Was Disclosed

Unifi, Inc. filed a Form 10-Q for the quarter ended September 27, 2026, disclosing net sales of $127,920 thousand, total assets of $388,372 thousand, and 18,588,837 shares outstanding, with comparative balance sheet and income statement data for the prior fiscal year and quarter.