Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Unifi — Q2 FY2020 Earnings Presentation
12 slides from Unifi, Inc. New's earnings presentation, Jan 29, 2020
Slide 1: Second Quarter Ended December 29, 2019 Conference Call Presentation
Second Quarter Ended December 29, 2019 (Unaudited Results) January 29, 2020 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: Net Income Overview
NET INCOME OVERVIEW (dollars in millions) 1 2 3 4 5 6 7 When comparing Net income from Q2 FY19 to Q2 FY20, items (1) through (5) detail pre-tax changes and items (6) and (7) relate to changes in provision (benefit) for income taxes: 1 Approximates the increase in gross profit. 2 Approximates the dec
Slide 4: Net Sales Three-Month Comparison (Q2 FY19 vs. Q2 FY20)
NET SALES OVERVIEW (dollars in thousands) Three-Month Comparison (Q2 FY19 vs. Q2 FY20) 1 Approximates the impact of foreign currency translation. Note: The “Prior Period” ended on December 30, 2018. The “Current Period” ended on December 29, 2019. The Prior Period and the Current Period each contain
Slide 5: Gross Profit Three-Month Comparison (Q2 FY19 vs. Q2 FY20)
GROSS PROFIT OVERVIEW (dollars in thousands) Three-Month Comparison (Q2 FY19 vs. Q2 FY20) 1 Gross profit for the Polyester and Asia Segments reflect the Company’s update to segment profitability completed in the fourth quarter of fiscal 2019. Prior period amounts have been revised accordingly. Note:
Slide 6: Equity Affiliates
EQUITY AFFILIATES OVERVIEW (dollars in thousands)
Slide 7: Debt & Cash
DEBT & CASH OVERVIEW (dollars in thousands) Net Debt 1 Represents a non-GAAP financial measure.
Slide 8: Fiscal 2020 Outlook
The Company has revised fiscal 2020 guidance as follows: Metric Revised Guidance Sales volumes Between 10% and 13% growth from fiscal 2019 levels Net sales Between $700.0 million and $715.0 million Operating income Between $20.0 million and $23.0 million Adjusted EBITDA 1 Between $44.0 million and $
Slide 9: Appendix
APPENDIX UNIFI
Slide 10: Net Sales Six-Month Comparison (YTD FY19 vs. YTD FY20)
NET SALES OVERVIEW (dollars in thousands) Six-Month Comparison (YTD FY19 vs. YTD FY20) 1 Approximates the impact of foreign currency translation. Note: The “Prior Period” ended on December 30, 2018. The “Current Period” ended on December 29, 2019. The Prior Period had 27 fiscal weeks and the Current
Slide 11: Gross Profit Six-Month Comparison (YTD FY19 vs. YTD FY20)
GROSS PROFIT OVERVIEW (dollars in thousands) Six-Month Comparison (YTD FY19 vs. YTD FY20) 1 Gross profit for the Polyester and Asia Segments reflect the Company’s update to segment profitability completed in the fourth quarter of fiscal 2019. Prior period amounts have been revised accordingly. Note:
Slide 12: Thank You!
Thank You! 2 UNIrL