Unifi Inc Q2 2026 Earnings Call Highlights: Strategic Initiatives Amidst Challenges

Unifi Inc's Q2 2026 earnings call highlighted a 12.5% YoY decline in net sales due to lower demand in Asia and pricing pressure in Brazil. Gross profit was $3.6 million with a 3% margin, up from $500,000 and 0.4% in the prior year. SG&A expenses improved by 25% YoY, and adjusted EBITDA showed a loss of $0.7 million, a $5.1 million improvement compared to the previous year. The company's free cash flow increased significantly, and net debt was reduced to $75 million.