Unifi(UFI)
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Unifi(UFI) - 2021 Q4 - Annual Report
2021-08-25 20:01
Financial Performance and Risks - UNIFI's working capital is funded through cash flows from operations and short-term borrowings as needed[114]. - The company expects continued rising costs for consumables, utilities, and labor, which may negatively impact profitability despite efforts to increase operational efficiencies and selling prices[117]. - As of June 27, 2021, UNIFI had borrowings totaling $77,500, with $2,500 subject to variable interest rates, indicating exposure to interest rate risk[324]. - UNIFI is exposed to political risks, including changes in international trade laws, which could impact operations[333]. Cost Management and Pricing Strategy - UNIFI experienced above-average inflationary pressures on input costs in fiscal 2021, prompting selling price adjustments to protect gross margins[116]. - A significant portion of raw materials and energy costs are derived from petroleum-based chemicals, with prices being volatile and dependent on global supply and demand dynamics[329]. - UNIFI has historically been successful in implementing price adjustments within one to two fiscal quarters for index-priced customers following raw material price increases[329]. - During fiscal 2020, UNIFI experienced a favorable, declining raw material cost environment, particularly due to suppressed petroleum prices during the COVID-19 pandemic[331]. - In the second half of fiscal 2021, UNIFI faced cost increases for raw materials primarily due to rising petroleum prices and supply chain disruptions[332]. Foreign Currency and Exchange Rate Risk - UNIFI's foreign currency exchange rate risk includes approximately 27.6% of total consolidated assets held by subsidiaries outside the U.S. whose functional currency is not USD[328].
Unifi(UFI) - 2021 Q4 - Earnings Call Transcript
2021-08-07 20:40
Unifi, Inc. (NYSE:UFI) Q4 2021 Earnings Conference Call August 5, 2021 8:30 AM ET Company Participants A.J. Eaker - VP, Finance and IR Albert Carey - Executive Chairman Edmund Ingle - CEO & Director Conference Call Participants Peter Lucas - CJS Securities Auguste Richard - Northland Capital Markets Ryan Danisavage - Sidoti & Company David Silver - CL King & Associates Operator Good day, and thank you for standing by. Welcome to the Unifi's Fourth Quarter Fiscal 2021 Conference Call. [Operator Instructions] ...
Unifi(UFI) - 2021 Q4 - Earnings Call Presentation
2021-08-05 19:24
Exhibit 99.2 Conference Call Presentation Fourth Quarter and Fiscal Year Ended June 27, 2021 (Unaudited Results) August 4, 2021 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 currentl ...
Unifi(UFI) - 2021 Q3 - Quarterly Report
2021-05-05 12:30
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 28, 2021 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) - 2021 Q3 - Earnings Call Transcript
2021-05-01 22:11
Unifi, Inc. (NYSE:UFI) Q3 2021 Earnings Conference Call April 29, 2021 8:30 AM ET Company Participants A.J. Eaker - Vice President of Finance Al Carey - Executive Chairman Eddie Ingle - Chief Executive Officer Craig Creaturo - Executive Vice President & Chief Financial Officer Conference Call Participants Chris McGinnis - Sidoti & Company Daniel Moore - CJS Securities Marco Rodriguez - Stonegate Capital Gus Richard - Northland Operator Ladies and gentlemen, thank you for standing by, and welcome to the Unif ...
Unifi(UFI) - 2021 Q3 - Earnings Call Presentation
2021-04-30 23:31
Exhibit 99.2 Conference Call Presentation Third Quarter Ended March 28, 2021 (Unaudited Results) April 29, 2021 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 m ...
Unifi (UFI) Presents At Sidoti Spring 2021 Virtual Conference - Slideshow
2021-03-26 23:12
NYSE: UFI INVESTOR PRESENTATION Sidoti Spring 2021 Virtual Conference March 25, 2021 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 example of su ...
Unifi(UFI) - 2021 Q2 - Quarterly Report
2021-02-03 17:01
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 New York 11-2165495 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 7201 West Friendly Avenue Greensboro, North Carolina 27410 (Address of principal executive offices) (Zip Code) (336) 294-4410 (Registrant's telephone number, including area code) Securities registered pursuant ...
Unifi(UFI) - 2021 Q2 - Earnings Call Presentation
2021-01-28 19:36
Conference Call Presentation Second Quarter Ended December 27, 2020 (Unaudited Results) January 28, 2021 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 manageme ...
Unifi(UFI) - 2021 Q2 - Earnings Call Transcript
2021-01-28 19:00
Unifi, Inc. (NYSE:UFI) Q2 2021 Results Earnings Conference Call January 28, 2021 8:30 AM ET Company Participants A.J. Eaker - Vice President, Finance Al Carey - Executive Chairman Eddie Ingle - Chief Executive Officer Craig Creaturo - Executive Vice President and CFO Conference Call Participants Daniel Moore - CJS Securities Chris McGinnis - Sidoti & Company Marco Rodriguez - Stonegate Capital Gus Richard - Northland Operator Good morning, ladies and gentlemen. And welcome to the Second Quarter 2021 Unifi, ...