Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Q2 2026 Earnings Presentation
17 slides from Unifi, Inc. New's earnings presentation, Feb 4, 2026
Slide 1: UNIFI, Inc. Second Quarter Fiscal 2026 Earnings Conference Call
Exhibit 99.2 UNIFI, Inc. Second Quarter Fiscal 2026 Earnings Conference Call February 4, 2026 (Unaudited results) (Amounts and dollars in millions, unless otherwise noted)
Slide 2: Cautionary Statements
Cautionary Statements Forward-Looking Statements Certain statements included herein contain “forward-looking statements” within the meaning of federal securities laws about the financial condition and results of operations of the Company that are based on management’s beliefs, assumptions, and expec
Slide 3: Today's Speakers
Today’s Speakers Al Carey Eddie Ingle A.J. Eaker Executive Chairman CEO and Director EVP, CFO, and Treasurer 3
Slide 4: Q2 FY2026: Big Picture Overview
Q2 FY2026: Big Picture Overview • Strategic repositioning efforts starting to deliver measurable quarterly results: Consolidated Gross • Lowered revenue breakeven (page 11) Revenue Profit • Significant improvement in gross profit $121.4M $3.6M • Reduced SG&A expenses (-12.6)% 576.2% • Cash flow impr
Slide 5: Consolidated Financial Review
Consolidated Financial Review Q2 Q2 YoY (In Millions) FY26 FY25 Change Net Sales $121.4 $138.9 (12.6)% Gross Profit $3.6 $0.5 576.2% Gross Margin 3.0% 0.4% 260 bps SG&A $9.7 $12.9 25% EBITDA ($1.5) ($1.5) - Adj. EBITDA1 ($0.7) ($5.8) 87% Highlights/Drivers • Gross profit was favorably impacted by co
Slide 6: Americas Segment
Americas Segment Q2 Q2 YoY (In Millions) FY26 FY25 Change Net Sales $77.2 $83.1 (7.1)% Gross Loss $(0.4) $(6.5) 93.9% Gross Margin (0.5)% (7.9)% 740 bps Highlights/Drivers • Gross profit increased vs. prior year, primarily due to cost-saving initiatives, partially offset by demand and production vol
Slide 7: Brazil Segment
Brazil Segment Q2 Q2 YoY (In Millions) FY26 FY25 Change Net Sales $23.3 $27.5 (15.1)% Gross Profit $1.1 $3.8 (72.1)% Gross Margin 4.5% 13.8% (930) bps Highlights/Drivers • Net sales and gross profit decreased vs. prior year, primarily due to pricing pressures and lower sales volumes; despite continu
Slide 8: Asia Segment
Asia Segment Q2 Q2 YoY (In Millions) FY26 FY25 Change Net Sales $20.8 $28.3 (26.5)% Gross Profit $3.0 $3.3 (10.2)% Gross Margin 14.2% 11.6% 260 bps Highlights/Drivers • Net sales and gross profit decreased vs. prior year, primarily due to lower sales volumes and pricing dynamics in the region. 8 Not
Slide 9: Balance Sheet & Capital Structure
Balance Sheet & Capital Structure (In Millions) Q2 Q2 YoY Cost actions and working capital FY26 YTD FY25 YTD Change reductions expected to improve free cash flow through remainder of fiscal 2026 Free Cash Flow1 $13.3 ($19.9) 166.6% Capital $3.1 $4.9 (37.6)% Expenditures Net Debt2 $75 $117 (35.5)% Wo
Slide 10: FY 2026: Second Half Priorities
FY 2026: Second Half Priorities Continued Focus on Returning to Long-term Growth and Expanded Profitability Continue to leverage lower revenue breakeven by further 1. executing on cost realignment initiatives. Invest in ourselves to further strengthen and scale our 2. innovative platforms. Prioritiz
Slide 11: 1. Significant Cost Realignment
1. Significant Cost Realignment Initiative Timing Key Highlights Financial Impacts • Streamlined organization FY 2024 • Realigned leadership to enable a more efficient, • Lowered costs by $10M Profitability Improvement Plan responsive go-to-market structure • Expected gross margin improvement of $6M
Slide 12: 2. Scaling Our Innovative Brand
2. Scaling Our Innovative Brand 12
Slide 13: 3. Drive Adoption of Advanced Products
3. Drive Adoption of Advanced Products Continued investment efforts during fiscal 2025 and 2026 to expand offerings and serve customers’ needs Recently Announced Innovative Products • Integr8™ - Performance-enhancing filament yarn 100% Textile Waste • REPREVE with CiCLO® Technology, - Biodegradable
Slide 14: 4. Sustained Financial Momentum
4. Sustained Financial Momentum Focused on positive free cash flow generation and balance sheet strength After Q2 FY26, expect to see the full benefits of cost reduction actions and improved working capital turns, 1. providing a stronger pathway to positive operating cash flows. Expect the global tr
Slide 15: Appendix
Appendix 100% Textile Waste 15 100% Textile Waste
Slide 16: Free Cash Flow Reconciliation
Free Cash Flow Reconciliation The following reconciles Free Cash Flow from net cash from operating activities. (dollars in thousands) For the Three Months Ended For the Six Months Ended December 28, 2025 December 29, 2024 December 28, 2025 December 29, 2024 Net cash provided (used) by operating acti
Slide 17: Contact Investor Relations
Contact Investor Relations: UFI@alpha-ir.com 17