Unifi, Inc. New · NYSE:UFI
Unifi, Inc. New — Unifi — Q3 FY2021 Earnings Presentation
11 slides from Unifi, Inc. New's earnings presentation, Apr 28, 2021
Slide 1: Third Quarter Ended March 28, 2021 Conference Call Presentation
Third Quarter Ended March 28, 2021 (Unaudited Results) April 29, 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: Q3 Fiscal 2021 CEO Commentary
3 Q3 FISCAL 2021 CEO COMMENTARY Net sales (millions) Strength and recovery across all segments Sales and gross profit performance exceeded expectations Record gross margin performance in Brazil Supply chain, raw material, selling prices, and customer service remain in focus February 2021 Texas-based
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 9 Months
Slide 5: Net Sales Overview: Three-Month Comparison
NET SALES OVERVIEW Three-Month Comparison (Q3 FY20 vs. Q3 FY21) 1 Approximates the impact of foreign currency translation nm – Not meaningful Note: The “Prior Period” ended on March 29, 2020. The “Current Period” ended on March 28, 2021. The Prior Period and the Current Period each contained 13 fisc
Slide 6: Gross Profit Overview: Three-Month Comparison
6 nm – Not meaningful Note: The “Prior Period” ended on March 29, 2020. The “Current Period” ended on March 28, 2021. The Prior Period and the Current Period each contained 13 fiscal weeks. Three-Month Comparison (Q3 FY20 vs. Q3 FY21) (dollars in thousands) GROSS PROFIT OVERVIEW
Slide 7: Net Sales Overview: Nine-Month Comparison
NET SALES OVERVIEW Nine-Month Comparison (YTD FY20 vs. YTD FY21) 1 Approximates the impact of foreign currency translation nm – Not meaningful Note: The “Prior Period” ended on March 29, 2020. The “Current Period” ended on March 28, 2021. The Prior Period and the Current Period each contained 39 fis
Slide 8: Gross Profit Overview: Nine-Month Comparison
8 nm – Not meaningful Note: The “Prior Period” ended on March 29, 2020. The “Current Period” ended on March 28, 2021. The Prior Period and the Current Period each contained 39 fiscal weeks. (dollars in thousands) GROSS PROFIT OVERVIEW Nine-Month Comparison (YTD FY20 vs. YTD FY21)
Slide 9: 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: Capital expenditures New texturing technology Acquisitions FY 2021: TSI & FNY Share repurchases FY 2020: $2.0
Slide 10: Building Momentum For Long-Term Growth
Building Momentum For Long-Term Growth FOR THE GOOD OF TOMORROW 10 The Company expects demand levels and trends across the business to remain strong and anticipates current inflationary pressures from raw material fluctuations to be mostly offset by selling price adjustments. The Company’s outlook f
Slide 11: Thank You!
Thank You! UNIFI