Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Q2 2025 Earnings Presentation
16 slides from Unifi, Inc. New's earnings presentation, Feb 6, 2025
Slide 1: (Amounts and dollars in millions, unless otherwise noted)
Exhibit 99.2 (Amounts and dollars in millions, unless otherwise noted)
Slide 2: Cautionary Statements
Cautionary Statements 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 expec
Slide 3: Today's Speakers
Today’s Speakers Al Carey Eddie Ingle A.J. Eaker Executive Chairman CEO and Director EVP, CFO, and Treasurer 3
Slide 4: Q2 Fiscal 2025 Overview
Q2 Fiscal 2025 Overview (compared to Q2 Fiscal 2024) 1. Continued strong performance in Brazil segment Consolidated Adjusted Revenue EPS1 2. REPREVE Fiber and Beyond Apparel initiatives $138.9M ($0.86) continue to gain traction, positioning UNIFI for (+1.4%) (-6.2%) future growth Adjusted REPREVE® F
Slide 5: REPREVE Fiber Sales
REPREVE® Fiber Sales As a % of Net Sales $180 $186 $186 $186 $246 $246 $293 $293 $293 $186 $186 $186 $189 Note: REPREVE Fiber represents UNIFI’s collection of fiber products on its recycled platform, with or without added technologies. 5
Slide 6: REPREVE & Textile Takeback
REPREVE® & Textile Takeback™ 6
Slide 7: Award-Winning ThermaLoop
Award-Winning ThermaLoopTM 7
Slide 8: Consolidated Highlights
Consolidated Highlights Q2 Q2 YoY FY25 FY24 Change Net Sales $138.9 $136.9 1.4% Gross Profit $0.5 $1.6 (67.4)% Gross Margin 0.4% 1.2% (80) bps Highlights/Drivers • Net sales and gross profit performance were generally consistent with the prior year due to continued improvement efforts for the Americ
Slide 9: Americas Highlights
Americas Highlights Q2 Q2 YoY FY25 FY24 Change Net Sales $83.1 $80.5 3.2% Gross Loss ($6.5) ($6.7) 2.9% Gross Margin (7.9)% (8.4)% 50 bps Highlights/Drivers • Net sales increased vs. prior year, primarily due to higher sales volumes, while gross profit was flat due to year-over-year inflationary pre
Slide 10: Brazil Highlights
Brazil Highlights Q2 Q2 YoY FY25 FY24 Change Net Sales $27.5 $26.1 5.5% Gross Profit $3.8 $3.1 20.6% Gross Margin 13.8% 12.1% 170 bps Highlights/Drivers • Net sales and gross profit increased vs. prior year, primarily due to higher volumes from market share gains, together with favorable pricing and
Slide 11: Asia Highlights
Asia Highlights Q2 Q2 YoY FY25 FY24 Change Net Sales $28.3 $30.3 (6.6)% Gross Profit $3.3 $5.2 (37.2)% Gross Margin 11.6% 17.3% (570) bps Highlights/Drivers • Net sales and gross profit decreased vs. prior year, primarily due to a less favorable sales mix and pricing dynamics in China. 11 Note: Q2 F
Slide 12: Balance Sheet
Balance Sheet ($4) ($1) ($8) ($5) FCF ($15) Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 $40 $36 CapEx $11 < $16 FY22 FY23 FY24 FY25E $103 $118 $117 $97 $101 Net Debt1 Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 $187 $174 $172 $175 $164 Working Capital Q2 FY24 Q3 FY24 Q4 FY24 Q1 FY25 Q2 FY25 12 1 Net Debt is
Slide 13: Q3 2025 Financial Outlook
Q3 2025 Financial Outlook Continued Focused on Long-Term Growth Net sales and Adjusted EBITDA1 improving sequentially from the second quarter of fiscal 2025, primarily driven by higher revenues for the Americas Segment. Capital expenditures between $5.0 million and $6.0 million, increasing seque
Slide 14: Fiscal 2025 Outlook
Fiscal 2025 Outlook Well Positioned to Realize Long-Term Profitable Growth Opportunities Net sales approximately equal to fiscal 2024, with second half fiscal 2025 revenues improving sequentially from the first half of fiscal 2025. Gross profit, gross margin, and Adjusted EBITDA1 expected to inc
Slide 15: Fiscal 2025 Priorities
Fiscal 2025 Priorities Prepared to Pivot to Growth 1. Optimizing operations and footprint to improve financial profile. Investing in innovation, REPREVE platform, and Beyond Apparel 2. products for richer product mix. Increasing customer engagement in all business segments to grow 3. our global mark
Slide 16: Contact Investor Relations
Contact Investor Relations: UFI@alpha-ir.com 16