Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Unifi — Q3 FY2022 Earnings Presentation
12 slides from Unifi, Inc. New's earnings presentation, Apr 27, 2022
Slide 1: Third Quarter Ended March 27, 2022 Conference Call Presentation
Third Quarter Ended March 27, 2022 (Unaudited Results) April 27, 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: Q3 Fiscal 2022 Overview
3 Q3 FISCAL 2022 OVERVIEW Revenue performance consistent with expectations, reaching over $200 million for the second consecutive quarter as demand remains robust Profitability performance consistent with expectations Inflation and renewed global volatility pressure underlying momentum: Inflationary
Slide 4: REPREVE Fiber Sales
4 REPREVE® FIBER 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 AS A % OF NET SALES
Slide 5: Net Sales Overview: Three-Month Comparison
NET SALES OVERVIEW Three-Month Comparison (Q3 FY21 vs. Q3 FY22) 1 Approximates the impact of foreign currency translation nm – Not meaningful Note: The “Prior Period” ended on March 28, 2021. The “Current Period” ended on March 27, 2022. The Prior Period and the Current Period each contained 13 fisc
Slide 6: Gross Profit Overview: Year-over-Year
6 nm – Not meaningful Note: The “Prior Period” ended on March 28, 2021. The “Current Period” ended on March 27, 2022. The Prior Period and the Current Period each contained 13 fiscal weeks. Three-Month Comparison (Q3 FY21 vs. Q3 FY22) GROSS PROFIT OVERVIEW (dollars in thousands) YEAR-OVER-YEAR
Slide 7: Gross Profit Overview: Sequential Quarter
7 nm – Not meaningful Note: The “Prior Period” ended on December 26, 2021. The “Current Period” ended on March 27, 2022. The Prior Period and the Current Period each contained 13 fiscal weeks. Three-Month Comparison (Q2 FY22 vs. Q3 FY22) GROSS PROFIT OVERVIEW (dollars in thousands) SEQUENTIAL QUARTE
Slide 8: 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 9: Fiscal 2022 Outlook
Building Momentum For Long-Term Growth FISCAL 2022 OUTLOOK 9 The following reflect the Company’s updated expectations for fiscal 2022. Sales volume and REPREVE® Fiber sales growth driving net sales to $810 million or more, which would represent an increase of 21% or more from the level achieved in f
Slide 10: Net Sales Overview: Nine-Month Comparison
NET SALES OVERVIEW Nine-Month Comparison (YTD FY21 vs. YTD FY22) 1 Approximates the impact of foreign currency translation nm – Not meaningful Note: The “Prior Period” ended on March 28, 2021. The “Current Period” ended on March 27, 2022. The Prior Period and the Current Period each contained 39 fis
Slide 11: Gross Profit Overview: Nine Months Year-to-Date
11 nm – Not meaningful Note: The “Prior Period” ended on March 28, 2021. The “Current Period” ended on March 27, 2022. The Prior Period and the Current Period each contained 39 fiscal weeks. Nine-Month Comparison (YTD FY21 vs. YTD FY22) GROSS PROFIT OVERVIEW (dollars in thousands) NINE MONTHS YEAR-T
Slide 12: Investor Relations
12 Investor Relations A.J. Eaker Vice President of Finance ajeaker@unifi.com Alpha IR Group 312-445-2870 UFI@alpha-ir.com WORKING TODAY FOR THE GOOD OF TOMORROW