Unifi (UFI) Q3 2026 Earnings Transcript

Image source: The Motley Fool.

Date

Wednesday, May 6, 2026 astatine 9 a.m. ET

Call participants

• Executive Chairman — Albert P. Carey

• Chief Executive Officer — Edmund M. Ingle

• Chief Financial Officer — Andrew J. Eaker

Need a punctuation from a Motley Fool analyst? Email [email protected]

Full Conference Call Transcript

Albert P. Carey: Thank you. Good morning, everyone, and acknowledgment for joining our call. We are pleased to study that our yearlong effort to trim our outgo basal and amended currency procreation is providing results. As a substance of fact, we are a spot up of expectations for Q3. Andrew is going to instrumentality you done the afloat communicative successful a fewer minutes, but present are the 3 apical headlines. The Madison works closure is complete. Number two, the overmuch improved efficiencies successful our existent plant. And three, we person optimized our merchandise lines and SKUs truthful that we bash not person products that lend nary profitability to our lineup.

These actions acceptable america up for improved profitability, particularly arsenic gross begins to prime up and we are capable to spot higher levels of capableness utilization. There was 1 country that did not spot a simplification successful outgo implicit the past 12 months, and that was the enactment that we are doing connected merchandise innovation. These products volition supply gross maturation for the future, truthful they are precise important. We person begun to get traction with our customers connected these products, and that volition determination america into a precise important precedence close now, which is to statesman to commercialize these innovations.

The innovations are, first, textile-to-textile recycling, second, products for categories that are extracurricular of apparel and supply higher profitability, and third, products with show benefits that customers and consumers are looking for. Now Edmund is going to instrumentality you done the afloat communicative connected that successful conscionable a minute. The textile manufacture inactive has plentifulness of headwinds, particularly arsenic our customers navigate astir the tariff complexities and the lipid prices. We judge those headwinds volition diminish and our profits volition amended adjacent successful the existent situation that we are successful close now. I would similar to accidental 1 past happening and crook it implicit to Edmund.

We are precise arrogant of our team, the executives, the managers, and the beforehand employees arsenic well. Over the past 12 to 15 months, it has been a unsmooth road. But the squad has worked done the challenges collaboratively. There truly is simply a peculiar resiliency astir the radical from Unifi, Inc., and their loyalty has been precise evident passim this full clip frame. So we are grateful for their large efforts implicit the past respective months, and we are looking guardant to returning to growth. So present I would similar to crook the telephone implicit to Edmund and Andrew who volition supply you with the afloat story. Thank you.