Unifi, Inc. (NYSE:UFI) Q3 2022 Earnings Conference Call April 28, 2022 8:30 AM ET

Company Participants

Edmund Ingle – Chief Executive Officer and Director

Albert P. Carey – Executive Chairman

Craig A. Creaturo – Executive Vice President and Chief Financial Officer

A.J. Eaker – Vice President, Finance and Investor Relations

Conference Call Participants

Christopher McGinnis – Sidoti & Company, LLC

Stefanos Crist – CJS Securities, Inc.

Marco Rodriguez – Stonegate Capital Markets

Operator

Ladies and gentlemen, thank you for standing by, and welcome to Unifi Third Quarter Fiscal 2022, earnings conference call. At this time, all participants lines are in a listen-only mode. After the speakers presentation, there will be a question-and-answer session. [Operator instructions]. Please be advised that today's conference is being recorded. [Operator instructions] I would now like to hand the conference over to your speaker today, A.J. Eaker, Vice President of Finance. Thank you. Please go ahead.

A.J. Eaker

Thank you, R.J, and good morning, everyone. On the call today is Albert P. Carey, Executive Chairman Edmund Ingle, Chief Executive Officer, and Craig A. Creaturo, 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 at unifi.com. 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. I will now turn it over to Albert P. Carey.

Albert P. Carey

Thanks, A.J. Good morning, everybody, and thanks for joining Unifi's third quarter conference call. After a few comments about the state of the business, I'll then turn it over to Edmund Ingle and Craig A. Creaturo, who will fill you in on the Q3 performance for the company, and then we'll move to our usual Q&A session. I'd say most of us on this call are operating in some of the most turbulent times that I can remember and experiencing some of these macro headwinds such as pandemic, inflation, and labor shortages.