Unifi, Inc. New (UFI) Q4 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and thank you for attending Unifi's 4th Quarter Fiscal 2026 Earnings Consents Call. During this call, management will be referencing a webcast presentation that can be found in the Investor Relations section of Unifi.com. Please familiarize yourself with page 2 on the slide deck for cautionary statements and non-GAAP measures. Today's conference is being recorded and all lines have been placed on mute to prevent any background noise. After the speaker's remarks, there will be a question and answer session. Our speakers are listed on page three on today's presentation and include Al Carey, Executive Chairman, Eddie Ingle, Chief Executive Officer, AJ Eker, Chief Financial Officer. I will now turn the call over to Al Carey, Please turn to page 4 of the presentation. Good morning, everyone, and I thank you for joining our earnings call today. I'm happy to lead the call off with some good news. We're seeing very nice progress in our efforts to reposition Unified for sustainable growth in the long term. You know, we began this effort about 18 months ago, and I think you'll see in our Q4 earnings that we're beginning to show some of the improvements. and AJ will take you through that in the next few minutes. There were three steps in this transformation when we got started. The first one was to reduce our costs significantly. So we began by closing the Madison facility and reduced our excess capacity. We also resized our labor force, improved efficiencies throughout our manufacturing footprint and we also optimized the portfolio to remove unprofitable items from our lineup. All of that was step one, and all of that work is now complete, and AJ will take you through all of that. Step two was to improve our cash management and also lower our debt, and we've had d...