Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Unifi — Q1 FY2022 Earnings Presentation
11 slides from Unifi, Inc. New's earnings presentation, Oct 25, 2021
Slide 1: First Quarter Ended September 26, 2021 Conference Call Presentation
First Quarter Ended September 26, 2021 (Unaudited Results) October 26, 2021 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 expe
Slide 3: Q1 Fiscal 2022 CEO Commentary
3 Q1 FISCAL 2022 CEO COMMENTARY Momentum is generated by continued solid execution in each region: Revenue performance at the high end of expectations Profitability performance exceeded expectations Localized headwinds continue to place pressure on underlying strength: Raw material costs remain elev
Slide 4: REPREVE Fiber Sales as a % of Net Sales
4 REPREVE® FIBER SALES AS A % OF NET SALES REPREVE® Fiber represents our collection of fiber products on our recycled platform, with or without added technologies. Annual Quarterly FY 2020 FY 2021 FY 2022
Slide 5: Net Sales Overview FY21
NET SALES OVERVIEW Three-Month Comparison (Q1 FY21 vs. Q1 FY22) 1 Approximates the impact of foreign currency translation nm – Not meaningful Note: The “Prior Period” ended on September 27, 2020. The “Current Period” ended on September 26, 2021. The Prior Period and the Current Period each contained
Slide 6: Gross Profit Overview FY21
6 nm – Not meaningful Note: The “Prior Period” ended on September 27, 2020. The “Current Period” ended on September 26, 2021. The Prior Period and the Current Period each contained 13 fiscal weeks. Three-Month Comparison (Q1 FY21 vs. Q1 FY22) (dollars in thousands) GROSS PROFIT OVERVIEW
Slide 7: Net Sales Overview FY20
NET SALES OVERVIEW Three-Month Comparison (Q1 FY20 vs. Q1 FY22) 1 Approximates the impact of foreign currency translation nm – Not meaningful Note: The “Prior Period” ended on September 29, 2019. The “Current Period” ended on September 26, 2021. The Prior Period and the Current Period each contained
Slide 8: Gross Profit Overview FY20
8 nm – Not meaningful Note: The “Prior Period” ended on September 29, 2019. The “Current Period” ended on September 26, 2021. The Prior Period and the Current Period each contained 13 fiscal weeks. Three-Month Comparison (Q1 FY20 vs. Q1 FY22) (dollars in thousands) GROSS PROFIT OVERVIEW Two-Year Ana
Slide 9: Balance Sheet Highlights
BALANCE SHEET HIGHLIGHTS (dollars in millions) Continued balance sheet diligence and significantly improved leverage ratio generates opportunities for organic growth. Capital allocation strategy remains balanced and focused on: Organic growth New texturing technology Acquisitions FY 2021: Two bolt-o
Slide 10: Building Momentum For Long-Term Growth
Building Momentum For Long-Term Growth FOR THE GOOD OF TOMORROW 10 The following are the Company’s expectations for the fiscal quarter ending December 2021 (“Q2 2022”) and fiscal 2022, assuming there are no further significant disruptions to global markets or interruptions to global supply chains, n
Slide 11: Thank You!
Thank You! UNIFI