Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Unifi — Q4 FY2021 Earnings Presentation
13 slides from Unifi, Inc. New's earnings presentation, Aug 4, 2021
Slide 1: Fourth Quarter and Fiscal Year Ended June 27, 2021 Conference Call Presentation
Fourth Quarter and Fiscal Year Ended June 27, 2021 (Unaudited Results) August 4, 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: Q4 Fiscal 2021 CEO Commentary
3 Q4 FISCAL 2021 CEO COMMENTARY Strength across all segments provides momentum for fiscal 2022 Revenue performance at the high end of expectations Gross profit performance exceeded expectations Supply chain, raw material, selling prices, and customer service remain in focus Recycled input costs have
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 * Beginning in the fourth quarter of fiscal 2021, as a result of its annual review of products meeting the REPREVE® Fib
Slide 5: Net Sales Overview: Three-Month Comparison (Q4 FY20 vs. Q4 FY21)
NET SALES OVERVIEW Three-Month Comparison (Q4 FY20 vs. Q4 FY21) 1 Approximates the impact of foreign currency translation nm – Not meaningful Note: The “Prior Period” ended on June 28, 2020. The “Current Period” ended on June 27, 2021. The Prior Period and the Current Period each contained 13 fiscal
Slide 6: Gross Profit Overview: Three-Month Comparison (Q4 FY20 vs. Q4 FY21)
6 nm – Not meaningful Note: The “Prior Period” ended on June 28, 2020. The “Current Period” ended on June 27, 2021. The Prior Period and the Current Period each contained 13 fiscal weeks. Three-Month Comparison (Q4 FY20 vs. Q4 FY21) (dollars in thousands) GROSS PROFIT OVERVIEW
Slide 7: Net Sales Overview: Twelve-Month Comparison (YTD FY20 vs. YTD FY21)
NET SALES OVERVIEW Twelve-Month Comparison (YTD FY20 vs. YTD FY21) 1 Approximates the impact of foreign currency translation nm – Not meaningful Note: The “Prior Period” ended on June 28, 2020. The “Current Period” ended on June 27, 2021. The Prior Period and the Current Period each contained 52 fis
Slide 8: Gross Profit Overview: Twelve-Month Comparison (YTD FY20 vs. YTD FY21)
8 nm – Not meaningful Note: The “Prior Period” ended on June 28, 2020. The “Current Period” ended on June 27, 2021. The Prior Period and the Current Period each contained 52 fiscal weeks. (dollars in thousands) GROSS PROFIT OVERVIEW Twelve-Month Comparison (YTD FY20 vs. YTD FY21)
Slide 9: Net Sales Overview: Three-Month Comparison (Q4 FY19 vs. Q4 FY21)
NET SALES OVERVIEW Three-Month Comparison (Q4 FY19 vs. Q4 FY21) 1 Approximates the impact of foreign currency translation nm – Not meaningful Note: The “Prior Period” ended on June 30, 2019. The “Current Period” ended on June 27, 2021. The Prior Period and the Current Period each contained 13 fiscal
Slide 10: Gross Profit Overview: Three-Month Comparison (Q4 FY19 vs. Q4 FY21)
10 nm – Not meaningful Note: The “Prior Period” ended on June 30, 2019. The “Current Period” ended on June 27, 2021. The Prior Period and the Current Period each contained 13 fiscal weeks. Three-Month Comparison (Q4 FY19 vs. Q4 FY21) (dollars in thousands) GROSS PROFIT OVERVIEW
Slide 11: Balance Sheet Highlights
BALANCE SHEET HIGHLIGHTS (dollars in millions) Continued balance sheet diligence leads to highly opportunistic leverage position Capital allocation strategy remains balanced and focused on: Organic growth New texturing technology Acquisitions FY 2021: Two bolt-on acquisitions Share repurchases FY 20
Slide 12: Building Momentum For Long-Term Growth
Building Momentum For Long-Term Growth FOR THE GOOD OF TOMORROW 12 For fiscal 2022, a 53-week fiscal year ending on July 3, 2022, the Company expects to maintain much of the underlying business momentum that was captured and restored during fiscal 2021, while navigating the near-term inflationary pr
Slide 13: Thank You!
Thank You! UNIFI