UniFirst Corporation is a leading provider of workplace uniforms and career apparel in North America
The company specializes in the design, manufacturing, and rental of high-quality uniforms and related products, serving a diverse range of industries, including hospitality, healthcare, and industrial sectors. In addition to uniforms, UniFirst offers a variety of facilities services, such as floor mats, restroom supplies, and first-aid products, ensuring comprehensive solutions for maintaining a clean and professional work environment. With a commitment to sustainability and customer satisfaction, UniFirst delivers tailored services that support businesses in enhancing their brand image while streamlining operational efficiencies.
UniFirst posted a 1.9% year-over-year revenue increase to $602.2 million in Q2, slightly missing analyst estimates. Adjusted EPS of $1.40 surpassed expectations of $1.32. The company raised its FY25 EPS forecast to $7.30-$7.70.
Workplace uniform provider UniFirst (NYSE:UNF) met Wall Street’s revenue expectations in Q1 CY2025, with sales up 1.9% year on year to $602.2 million. The company’s outlook for the full year was close to analysts’ estimates with revenue guided to $2.43 billion at the midpoint. Its GAAP profit of $1.10 per share was 8% below analysts’ consensus estimates.
WILMINGTON, Mass., April 02, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its second quarter ended March 1, 2025 as compared to the corresponding period in the prior fiscal year:
Shares of workplace uniform provider UniFirst (NYSE:UNF) fell 13.7% in the morning session after Cintas terminated talks to acquire the company (UNF) in a deal that would have been worth $275 per share in cash. The offer price represented a premium of 46% over the stock's average trading price before the news of the offer was made public.
Cintas Corporation terminated discussions to acquire Unifirst Corporation for $275/share in cash. Cintas submitted proposal in Jan, but no agreement reached.
WILMINGTON, Mass., March 05, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2025 second quarter results on April 2, 2025 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on April 2, 2025 to discuss its quarterly financial results, business highlights and outlook. In addition, the Company may answer one or more questions concerning business and financial developments and trends, the Company’s view on earnings forecasts and other business and financial matters affecting the Company, some of the responses to which may contain information that has not been previously disclosed.
WILMINGTON, Mass., Jan. 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.350 per share (35.0 cents) on the Company's Common Stock and $0.280 per share (28.0 cents) on the Company's Class B Common Stock. Both dividends are payable on March 28, 2025 to shareholders of record on March 7, 2025.
The nation's largest work uniform rental and sales service stock took a tumble despite solid earnings growth and raised guidance. A buying opportunity?
