Workflow
Unifi(UFI)
icon
Search documents
Unifi(UFI) - 2023 Q1 - Earnings Call Presentation
2022-11-06 07:22
1 CONFERENCE CALL PRESENTATION First Quarter Ended October 2, 2022 (Unaudited Results) 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 expectations about our future economic performance, considering the information currently available to management. An example of su ...
Unifi (UFI) Investor Presentation - Slideshow
2022-09-15 17:25
UNIFI. NYSE: UFI INVESTOR PRESENTATION SEPTEMBER 2022 CAUTIONARY STATEMENTS Factors that could contribute to such differences include, but are not limited to: the competitive nature of the textile industry and the impact of global competition; changes in the trade regulatory environment and governmental policies and legislation; the availability, sourcing and pricing of raw materials; general domestic and international economic and industry conditions in markets where the Company competes, including economi ...
Unifi(UFI) - 2022 Q4 - Annual Report
2022-08-31 11:01
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended July 3, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to _____ Commission File Number: 1-10542 UNIFI, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Ne ...
Unifi(UFI) - 2022 Q4 - Earnings Call Transcript
2022-08-11 19:19
Unifi, Inc. (NYSE:UFI) Q4 2022 Earnings Conference Call August 11, 2022 8:30 AM ET Company Participants A.J. Eaker - Vice President of Finance & Investor Relations Albert Carey - Executive Chairman Edmund Ingle - Chief Executive Officer & Director Craig Creaturo - Executive Vice President & Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities Gus Richard - Northland Anthony Lebazynski - Sidoti Operator Good morning. My name is Briana, and I will be your conference operator toda ...
Unifi(UFI) - 2022 Q3 - Quarterly Report
2022-05-04 11:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 27, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-10542 UNIFI, INC. (Exact name of registrant as specified in its charter) New York 11-2165495 (State or other jurisdiction of (I.R ...
Unifi(UFI) - 2022 Q3 - Earnings Call Presentation
2022-04-29 19:29
Conference Call Presentation Third Quarter Ended March 27, 2022 (Unaudited Results) April 27, 2022 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 expectations about our future economic performance, considering the information currently available to management. An ...
Unifi(UFI) - 2022 Q3 - Earnings Call Transcript
2022-04-28 16:15
Financial Data and Key Metrics Changes - Q3 revenue reached $201 million, aligning with forecasts, and adjusted EBITDA was $12.2 million, slightly better than expected [7][8] - Full-year revenue is projected to exceed $800 million, marking a significant milestone for the company [7][8] - Consolidated net sales increased by 12.3% year-over-year from $178.9 million to $200.8 million, primarily driven by price adjustments [28][29] Business Line Data and Key Metrics Changes - REPREVE products accounted for 36% of net sales in Q3, up from 34% a year ago, reflecting growing demand for sustainable products [10][19] - The Polyester segment faced challenges due to U.S. labor shortages, impacting gross profit and margins [31][32] - In Brazil, year-over-year price levels increased by 19.1%, although lower volumes were noted due to a strong prior-year quarter [29][31] Market Data and Key Metrics Changes - Asia experienced growth in January and February, but March volumes stagnated due to COVID-related lockdowns in China [30][32] - The company anticipates a significant revenue shortfall in April due to ongoing restrictions in China, particularly in Shanghai [42][64] - Brazil's market remains strong, with expectations for volume growth despite some margin normalization [10][18] Company Strategy and Development Direction - The company is focused on sustainability, with REPREVE's growth expected to continue as customers aim to meet sustainability targets by 2025 [10][11][39] - Investments are being made across all regions of the Americas, including Central America, to capture greater market share [45] - The company aims to achieve $1.1 billion in revenue by 2025, with a target of 6% from REPREVE fiber sales [38][39] Management's Comments on Operating Environment and Future Outlook - Management acknowledged macro headwinds such as inflation, labor shortages, and geopolitical issues but expressed confidence in the company's resilience [6][12] - The outlook for Q4 is cautious due to the impact of COVID lockdowns in Asia, but underlying demand remains strong [17][37] - The company expects full-year sales to reach $810 million or more, representing a 21% increase from the previous year [38] Other Important Information - The company ended Q3 with $18.5 million borrowed against its ABL Revolver, with $65 million available [35] - A total of $1 million was spent on share repurchases during Q3, with $45.8 million remaining for future repurchases [36] Q&A Session Summary Question: Impact of Asia on revenue and supply chain shifts - Management indicated uncertainty regarding the revenue impact from Asia, particularly due to lockdowns in China, but expects improvement in May and June [42][43] - Discussions are ongoing about potentially shifting supply chains to Central America [43] Question: Gross margin levels in Asia and Brazil - Gross margin levels for Brazil are expected to remain stable, while Asia's margins are anticipated to be lower due to reduced sales levels [52][53] Question: Labor shortages and margin improvements - Labor challenges persist but have improved compared to previous quarters, with ongoing investments in training and efficiency [55][56] - Management expects continued improvements in productivity over the next two quarters [70]
Unifi(UFI) - 2022 Q2 - Quarterly Report
2022-02-02 21:03
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 (Exact name of registrant as specified in its charter) New York 11-2165495 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended December 26, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the tra ...
Unifi(UFI) - 2022 Q2 - Earnings Call Transcript
2022-01-27 17:39
Unifi, Inc. (NYSE:UFI) Q2 2022 Earnings Conference Call January 27, 2022 8:30 AM ET Company Participants A.J. Eaker - VP, Finance Al Carey - Executive Chairman Eddie Ingle - CEO Craig Creaturo - CFO Conference Call Participants Chris McGinnis - Sidoti Daniel Moore - CJS Securities Gus Richard - Northland Marco Rodriguez - Stonegate Capital David Silver - CL King & Associates Disclaimer*: This transcript is designed to be used alongside the freely available audio recording on this page. Timestamps within the ...
Unifi(UFI) - 2022 Q2 - Earnings Call Presentation
2022-01-27 13:56
Exhibit 99.2 Conference Call Presentation Second Quarter Ended December 26, 2021 (Unaudited Results) January 26, 2022 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 expectations about our future economic performance, considering the information currently availabl ...