Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Unifi — Q2 FY2022 Earnings Presentation
11 slides from Unifi, Inc. New's earnings presentation, Jan 26, 2022
Slide 1: Second Quarter Ended December 26, 2021 Conference Call Presentation
Second Quarter Ended December 26, 2021 (Unaudited Results) January 26, 2022 Conference Call Presentation Exhibit 99.2
Slide 2: Cautionary Statement on Forward-Looking Statements
2 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 ex
Slide 3: Q2 Fiscal 2022 CEO Commentary
3 Q2 FISCAL 2022 CEO COMMENTARY Asia and Brazil demonstrate the strength of our global business model: Revenue performance at the high end of expectations, reaching the highest quarterly sales since March 2005 Profitability performance strong internationally, but weak domestically Domestic headwinds
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: Three-Month Comparison
NET SALES OVERVIEW Three-Month Comparison (Q2 FY21 vs. Q2 FY22) 1 Approximates the impact of foreign currency translation nm – Not meaningful Note: The “Prior Period” ended on December 27, 2020. The “Current Period” ended on December 26, 2021. The Prior Period and the Current Period each contained 1
Slide 6: Gross Profit Overview: Three-Month Comparison
6 nm – Not meaningful Note: The “Prior Period” ended on December 27, 2020. The “Current Period” ended on December 26, 2021. The Prior Period and the Current Period each contained 13 fiscal weeks. Three-Month Comparison (Q2 FY21 vs. Q2 FY22) GROSS PROFIT OVERVIEW (dollars in thousands)
Slide 7: Net Sales Overview: Six-Month Comparison
NET SALES OVERVIEW Six-Month Comparison (YTD FY21 vs. YTD FY22) 1 Approximates the impact of foreign currency translation nm – Not meaningful Note: The “Prior Period” ended on December 27, 2020. The “Current Period” ended on December 26, 2021. The Prior Period and the Current Period each contained 2
Slide 8: Gross Profit Overview: Six-Month Comparison
8 nm – Not meaningful Note: The “Prior Period” ended on December 27, 2020. The “Current Period” ended on December 26, 2021. The Prior Period and the Current Period each contained 26 fiscal weeks. Six-Month Comparison (YTD FY21 vs. YTD FY22) GROSS PROFIT OVERVIEW (dollars in thousands)
Slide 9: Balance Sheet Highlights
BALANCE SHEET HIGHLIGHTS Continued balance sheet discipline and significantly improved leverage ratio generate opportunities for organic growth. Capital allocation strategy remains balanced across: Organic growth FYs 2021 and 2022: New texturing technology Acquisitions FY 2021: Two bolt-on acquisiti
Slide 10: Building Momentum For Long-Term Growth
Building Momentum For Long-Term Growth FOR THE GOOD OF TOMORROW 10 The following reflect the Company’s updated expectations for fiscal 2022, assuming there are no further significant disruptions to global markets, supply chains, or the labor market and no further adverse impacts from COVID-19. Sales
Slide 11: Thank You!
Thank You! UNIFI