Unifi Q4 revenue rises on Brazil segment sales - UFI News | RalliesUnifi Q4 revenue rises on Brazil segment sales
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UFI• Outlook
- Unifi expects fiscal 2027 sales and profitability to improve from fiscal 2026
- Company sees Brazil Segment sales and profitability improving in the first qtr of fiscal 2027
- Company expects Asia Segment to remain pressured due to regional softness and geopolitical volatility
Overview
- U.S. recycled yarn maker's fiscal Q4 revenue rose 4%, driven by Brazil segment sales
- Company posted net loss after prior-year profit included large asset sale gain
- Unifi agreed to sell non-strategic real estate for $60 mln to boost financial flexibility
Result Drivers
- Brazil segment sales - Higher sales in Brazil drove most of the Q4 revenue increase
- Cost reduction initiatives - Multi-year cost reduction efforts improved gross profit, especially in the Americas segment
- Favorable pricing in Brazil - Brazil segment gross profit rose due to favorable pricing dynamics
Key Details and Analyst Coverage
| Q4 Revenue | $144.2 mln | $139.75 mln (1 Analyst) |
| Q4 Loss Per Share | $0.06 | |
| Q4 Net Loss | $1.2 mln | |
| Q4 Adjusted EBITDA | $8.2 mln | |
| Q4 Operating Income | $2.4 mln | |
| Q4 Pretax Profit | $1.3 mln | |
Wall Street's median 12-month price target for Unifi Inc is $12.00, about 53.3% above its August 19 closing price of $7.83.
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