Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Unifi — Q1 FY2019 Earnings Presentation
11 slides from Unifi, Inc. New's earnings presentation, Oct 30, 2018
Slide 1: First Quarter Ended September 30, 2018 Conference Call Presentation
First Quarter Ended September 30, 2018 (Unaudited Results) October 30, 2018 Conference Call Presentation Exhibit 99.2
Slide 2: Cautionary Statement on Forward-Looking Statements
Cautionary Statement on 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 expect
Slide 3: Consolidated Net Income and Diluted EPS – Q1 FY18 to Q1 FY19
CONSOLIDATED NET INCOME AND DILUTED EPS – Q1 FY18 TO Q1 FY19 (dollars in millions, except per share amounts) When comparing Net income and Diluted EPS from Q1 FY18 to Q1 FY19 using the Q1 FY18 effective tax rate of 26.3%: 1 Approximates the change in consolidated revenues utilizing the prior year gr
Slide 4: Net Sales and Gross Profit Highlights
NET SALES AND GROSS PROFIT HIGHLIGHTS1 (dollars in thousands) Three-Month Comparison (Q1 FY2018 vs. Q1 FY2019) 1 Excluding the “All Other” category; see reconciliations on slide 10. 2 Approximates the impact of foreign currency translation. Note: The “Prior Period” ended on September 24, 2017. The “
Slide 5: Equity Affiliates Highlights
EQUITY AFFILIATES HIGHLIGHTS (dollars in thousands) 1 Equity affiliate distributions are accounted for in the balance sheet, as a reduction of the investment balance in the corresponding equity affiliate, and such distributions are not impactful to the consolidated statement of income.
Slide 6: Balance Sheet Highlights
BALANCE SHEET HIGHLIGHTS (dollars in thousands) Working Capital and Adjusted Working Capital Net Debt and Total Liquidity
Slide 7: Fiscal 2019 Outlook
Fiscal 2019 contains 53 fiscal weeks, with the additional week included in the first fiscal quarter. The Company’s second quarter gross profit will be unfavorably impacted by a surge in polyester raw material costs in September, which was driven by higher global demand and tighter supply for polyest
Slide 8: Appendix
APPENDIX UNIFI
Slide 9: Non-GAAP Reconciliations: EBITDA and Adjusted EBITDA
NON-GAAP RECONCILIATIONS (dollars in thousands) EBITDA and Adjusted EBITDA
Slide 10: Other Reconciliations
OTHER RECONCILIATIONS (dollars in thousands) Consolidated Net Sales Consolidated Gross Profit 1 As presented on slide 4.
Slide 11: Thank You!
Thank You! tt UNIrL