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 today. At this time, I would like to welcome everyone to Unifi's Fourth Quarter Fiscal 2020 Conference Call. All lines have been placed on mute to prevent any background noise. After the speakers' remarks, there will be a question-and-answer session. [Operator Instructions]

I will now turn the call over to your host, A.J. Eaker, Vice President of Finance. You may begin your call.

A.J. Eaker

Thank you, Brenda, and good morning, everyone. On the call today is Al Carey, Executive Chairman; Eddie Ingle, Chief Executive Officer; and Craig Creator, Chief Financial Officer. During this call, management will be referencing a webcast presentation that can be found in the Investor Relations section of our website, unifi.com.

Please turn to Page 2 of the slide deck for our cautionary statements. Management advises you that certain statements included in today's call will be forward-looking statements within the meaning of the federal securities laws. Management cautions that these statements are based on current expectations, estimates and/or projections about the markets in which Unifi operates. These statements are not guarantees of future performance and involve certain risks that are difficult to predict. Actual outcomes and results may differ materially from what is expressed, forecasted or implied by these statements. You are directed to the disclosures filed with the SEC on Unifi's Forms 10-Q and 10-K regarding various factors that may impact these results. Also, please be advised that certain non-GAAP financial measures, such as adjusted EBITDA, adjusted EPS, adjusted working capital and net debt may be discussed on this call.

Lastly, I direct your attention to Slide 3 and remind our audience that we changed our segment reporting to align with recent organizational changes. In the fourth quarter of fiscal '22, Unify performed its annual segment evaluation and determined that 3 geographic segments best represent the composition of the business and the management approach under U.S. generally accepted accounting principles. Accordingly, Unifi is now reporting the Americas, Brazil and Asia segments. You may find quarterly and annual historical financial information using the updated segment methodology on Slides 11 and 12.