UFI

EX-99.1

2 ufi-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

UNIFI®, Makers of REPREVE®, Completes Sale of Non-Strategic U.S. Real Estate for Gross Proceeds of $60 Million

Transaction advances balance sheet transformation and financial flexibility while preserving current operations and customer service

GREENSBORO, N.C. - UNIFI, Inc. (NYSE: UFI) (together with its consolidated subsidiaries, “UNIFI”), the makers of REPREVE® and one of the world’s leading innovators in recycled and synthetic yarns, today announced that it has completed the previously disclosed sale of two non-strategic real estate assets in Yadkin County, North Carolina for $60 million in gross proceeds, before fees and expenses.

The assets sold include approximately 120 acres of land and 500,000 square feet of warehouse space across two operating locations in Yadkin County. The transaction is expected to have no impact to UNIFI’s production capacity, minimal operational impact, and no change in serving customers from the Yadkin County campus.

Net proceeds from the transaction were used to fully repay the existing $55.5 million term loan balance, and the closing represents a meaningful transformation of the business to further enable sustainable, long-term shareholder value creation.

“Completing this transaction is a landmark accomplishment for UNIFI and a powerful validation of our transformation strategy,” said Eddie Ingle, Chief Executive Officer of UNIFI, Inc. “We have successfully realized substantial value from assets outside our long-term strategic focus while preserving the production capacity and customer service capabilities that differentiate our business. The transaction strengthens our balance sheet, significantly reduces debt, enhances liquidity, and provides the flexibility to invest in innovation, growth, and operational excellence. We believe UNIFI is now better positioned to deliver sustainable profitable growth and create meaningful long-term value for our shareholders.”

The transaction was originally announced on August 17, 2026. Additional information regarding the transaction will be included in a Current Report on Form 8-K to be filed by UNIFI with the U.S. Securities and Exchange Commission.

About UNIFI UNIFI, Inc. (NYSE: UFI) is a global leader in fiber science and sustainable synthetic textiles. Using proprietary recycling technology, UNIFI is a pioneer in scaling the transformation of post-industrial and post-consumer waste into sustainable products. Through REPREVE, the world’s leading brand of traceable, recycled fiber and resin, UNIFI is changing the way industries think about the materials they use - and reuse. A vertically integrated manufacturer, the company has direct operations in the United States, Colombia, El Salvador, and Brazil, and sales offices around the world. UNIFI envisions a future where circular and sustainable solutions are the only choice. For more information about UNIFI, visit www.UNIFI.com.

Cautionary Statement on Forward-Looking Statements

Certain statements included herein contain “forward-looking statements” within the meaning of federal securities laws. Forward-looking statements include statements regarding the expected use of transaction proceeds, debt reduction, operating impacts, financial flexibility, future performance, and long-term value creation. These statements are based on management’s current beliefs, assumptions, and expectations and are not guarantees of future performance. Actual results may differ materially due to risks and uncertainties described in UNIFI’s most recent Annual Report on Form 10-K and other reports filed from time to time with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date made, and UNIFI undertakes no obligation to update them except as required by law.

Investor Contact Josh Carroll or Chris Hodges Alpha IR Group

312-445-2870 UFI@alpha-ir.com

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EX-99.1

2 ufi-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

UNIFI®, Makers of REPREVE®, Reports Fourth Quarter Revenue Growth, Higher Margins, and Cash Generation

Fourth quarter revenue growth, disciplined cost execution, and stronger cash generation highlight continued progress in operational turnaround

GREENSBORO, N.C., August 19, 2026 – Unifi, Inc. (NYSE: UFI), the makers of REPREVE® and one of the world’s leading innovators in recycled and synthetic yarns, today released operating results for the fourth fiscal quarter and fiscal year ended June 28, 2026.

Fourth Quarter Fiscal 2026 Highlights

• Net sales were $144.2 million, an increase of 4.1% from the fourth quarter of fiscal 2025.

• Revenues from REPREVE Fiber products were $40.2 million and represented 28% of net sales.

• Gross profit was $14.3 million and gross margin was 9.9%, compared to gross loss of $1.1 million and gross margin of (0.8)% for the fourth quarter of fiscal 2025.

• SG&A expenses were $11.8 million, a decrease of 1.0% from the fourth quarter of fiscal 2025, primarily driven by cost reduction efforts.

• Net loss was $1.2 million, or $0.06 per share, compared to net income of $15.5 million, or $0.82 per share, for the fourth quarter of fiscal 2025, which included a $35.8 million gain on the sale of a manufacturing facility, partially offset by $10.6 million in transition costs.

• Adjusted EBITDA* was $8.2 million, compared to $(4.1) million for the fourth quarter of fiscal 2025.

• Cash provided by operating activities was $2.1 million during the fourth quarter of fiscal 2026 and $26.5 million during fiscal 2026.

• Debt principal was $92.4 million and Net Debt* was $67.4 million at June 28, 2026.

• Following the fourth fiscal quarter, the Company entered into an agreement to sell certain non-strategic real estate assets within the Americas Segment for $60.0 million of gross proceeds. Upon closing, the transaction will significantly enhance financial flexibility, support debt reduction, and further strengthen the balance sheet, with no expected impact on customer service or daily operations.

Eddie Ingle, Chief Executive Officer of Unifi, Inc., stated, “We closed fiscal 2026 with clear momentum, highlighted by meaningful improvement in profitability and cash generation. These results reflect disciplined execution of our cost reduction, operational optimization, and portfolio management initiatives, each of which have driven lower our revenue break-even point. As we enter fiscal 2027, UNIFI is operating from a healthier financial position, with a more focused cost structure and a balance sheet that we expect to further strengthen through the planned sale of non-strategic real estate assets.”

Fourth Quarter Fiscal 2026 Compared to Fourth Quarter Fiscal 2025

Net sales increased to $144.2 million from $138.5 million, primarily due to higher sales from the Brazil Segment, partially offset by tepid customer ordering patterns in the Americas and Asia Segments stemming from geopolitical, trade, and tariff-related uncertainty.

Gross profit increased to $14.3 million from $(1.1) million. Americas Segment gross profit increased by $8.6 million, primarily as a result of multi-year cost reduction efforts. Brazil Segment gross profit increased by $6.4 million, primarily due to favorable pricing dynamics. Asia Segment gross profit increased by $0.5 million, primarily due to an improved sales mix.

Operating income was $2.4 million, compared to $15.1 million in the prior period, primarily reflecting the absence of the gain from the sale of a manufacturing facility recognized in the fourth quarter of fiscal 2025, which was partially offset by transition costs.

Net loss was $1.2 million compared to net income of $15.5 million, which included a gain in fiscal 2025. Adjusted EBITDA* was $8.2 million, a significant increase versus $(4.1) million in the fourth quarter of fiscal 2025.

Fiscal 2026 Compared to Fiscal 2025

• Gross margin improved 420 basis points, from 1.5% to 5.7%.

• SG&A expenses decreased $4.3 million, from $49.0 million to $44.7 million.

• Debt principal declined $15.6 million, from $108.0 million to $92.4 million.

• Cash provided by operating activities increased $47.8 million, from $(21.3) million to $26.5 million.

• Capital expenditures decreased $5.5 million, from $10.5 million to $5.0 million.

Fiscal 2027 and First Quarter Outlook

During fiscal 2027, the Company expects:

• To focus on leveraging its improved cost footprint while investing in innovation.

• Managing the balance sheet to ensure that the Company remains better positioned to capitalize on improved business conditions and grow over time.

• Sales and profitability to improve from fiscal 2026 as the Company realizes full-year benefits from portfolio management actions, cost containment initiatives, and improved operating execution.

During the first quarter of fiscal 2027, the Company expects year-over-year segment results as follows:

• Brazil Segme

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