UniFirst

UniFirst Corp. engages in the provision of workplace uniforms and protective work wear clothing. It operates through following segments: the United States and Canadian Rental and Cleaning, Manufacturing (MFG), Specialty Garments, First Aid, and Corporate. The U.S. and Canadian Rental and Cleaning segment purchases, rents, cleans, delivers, and sells uniforms, protective clothing, and non-garment items. The MFG segment designs and manufactures uniforms and non-garment items. The Specialty Garments segment is involved in nuclear and cleanroom applications and provides cleanroom cleaning services. The First Aid segment focuses on first aid cabinet services and other safety supplies. The Corporate segment includes distribution, sales and marketing, information systems, engineering, materials management, manufacturing planning, finance, budgeting, human resources, and other general and administrative costs and interest expense. The company was founded by Aldo Croatti in 1936 and is headquartered in Wilmington, MA.

Earnings data Q2 2021

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Earnings data Q1 2023

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Earnings data Q1 2025

UniFirst reports robust Q1 earnings, eyes growth amid challenges

UniFirst's Q1 performance reflects strong revenue growth across key segments, supported by strategic initiatives and a solid financial foundation.
While facing challenges such as cost pressures and economic uncertainties, the company's outlook remains positive with a focus on sustainable growth and profitability.
Opportunities for UniFirst include market expansion, operational enhancements, and strategic initiatives to drive future growth and strengthen competitive advantages.

UniFirst reports strong Q2 earnings, eyes tech-driven growth opportunities

UniFirst's Q2 2023 performance reflects solid revenue growth and margin improvements, driven by strategic initiatives and acquisitions. While facing challenges in certain segments, the company remains focused on technology-driven growth opportunities and operational enhancements.

UniFirst reports revenue growth but faces profit challenges in Q3

UniFirst's Q3 2023 performance showed revenue growth but faced profit challenges due to increased expenses. The company is leveraging its strengths in specialty garments and acquisitions while addressing challenges from cost pressures. UniFirst aims to capitalize on technology and segment reporting for future opportunities.

UniFirst Corporation beats Q4 expectations, eyes margin improvement in 2024

UniFirst's Q4 2023 results exceeded expectations, driven by strong revenue growth and operational improvements. The company's strategic acquisitions and focus on margin enhancement position it well for continued success in fiscal '24, despite challenges in certain segments.

UniFirst reports robust Q1 earnings, eyes strategic acquisitions for growth

UniFirst's Q1 performance showcased solid revenue and profit growth, with a focus on margin improvement and strategic acquisitions. Despite challenges in certain segments, the company remains well-positioned for growth in fiscal 2024.

UniFirst impresses with strong Q2 results and growth strategies

UniFirst Corporation reported robust Q2 2024 results with revenue, net income, and EBITDA showing significant increases. The company's focus on sales growth, customer service enhancement, and cost efficiencies underpin its strong performance. Challenges lie in managing pricing pressures, margin expansion, and operational implementations, while opportunities exist in organic growth and technology utilization.

UniFirst Q3 2024: Strong Revenue and Earnings Growth

UniFirst's Q3 2024 results showcased significant financial improvements with a strong increase in revenues, operating income, and net income. The company is making strategic investments to enhance its service offerings and operational capabilities, despite facing some segment-specific challenges and a competitive market environment. Updated full-year revenue guidance suggests continued confidence in the company's performance trajectory.

UniFirst (UNF) exceeds Q4 expectations, eyes growth amid challenges

UniFirst delivered robust financial performance in Q4 2024, driven by strong revenue growth and operational improvements.
While facing challenges such as moderating organic growth and significant ERP project costs, UniFirst remains focused on leveraging strengths and seizing growth opportunities.
The outlook for fiscal 2025 indicates a strategic approach to navigating challenges and capitalizing on opportunities for sustainable growth and operational excellence.

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UniFirst Corporation (NYSE:UNF ) Q4 2023 Earnings Call Transcript October 18, 2023 9:00 AM ET Company Participants Steven Sintros - President and Chief Executive Officer Shane O'Connor - Executive Vice President and Chief Financial Officer Conference Call Participants Timothy Mulrooney - William Blair Kartik Mehta - Northcoast Research Andrew Wittmann - Robert W. Baird Andrew Steinerman - JPMorgan Joshua Chan - UBS Operator Greetings and welcome to the UniFirst Corporation's Fourth Quarter Earnings Call.

UniFirst Corporation (UNF) Q4 2023 Earnings Call Transcript

UniFirst (UNF) came out with quarterly earnings of $1.75 per share, beating the Zacks Consensus Estimate of $1.72 per share. This compares to earnings of $1.79 per share a year ago.

UniFirst (UNF) Surpasses Q4 Earnings and Revenue Estimates

WILMINGTON, Mass., Oct. 18, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its fourth quarter and full year ended August 26, 2023, as compared to the corresponding periods in the prior fiscal year:

Unifirst Announces Financial Results for the Fourth Quarter and Full Fiscal Year of Fiscal 2023

Grand opening celebration and ribbon cutting planned for October 25, 2023, at NOON BRONX, N.Y. , Oct. 18, 2023 /PRNewswire/ -- UniFirst Corporation (NYSE: UNF), a North American leader in providing customized business uniform programs, facility service products, and first aid and safety services, is excited to announce the grand opening of its new uniform service facility in the Bronx.

UniFirst boosts presence in New York City with the opening of new Bronx uniform service facility

WILMINGTON, Mass., Oct. 11, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF), a North American leader in the supply and servicing of uniform and workwear programs, as well as the delivery of facility service programs, announced that Steven S. Sintros, President and Chief Executive Officer and Shane F. O'Connor, Executive Vice President and Chief Financial Officer, will participate in the following upcoming investor conferences:

UniFirst Announces Participation In Upcoming Investor Conferences

WILMINGTON, Mass., Sept. 26, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2023 fourth quarter results on October 18, 2023 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on October 18, 2023 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.

UniFirst Corporation Plans to Announce Fourth Quarter Results on October 18, 2023

New facility poised to deliver customer service excellence and product quality MINNEAPOLIS , Sept. 5, 2023 /PRNewswire/ -- UniFirst Corporation (NYSE: UNF), a North American leader in providing customized business uniform programs, facility service products, and first aid and safety services, is excited to announce the grand opening of its state-of-the-art uniform service and processing facility in Eagan, Minn.

UniFirst celebrates grand opening of its Minneapolis uniform service and processing facility

WILMINGTON, Mass. , Aug. 1, 2023 /PRNewswire/ -- UniFirst Corporation (NYSE: UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, recently held its annual Ron Croatti Memorial Golf Tournament at Black Swan Country Club in Georgetown, Mass.

UniFirst's annual Ron Croatti Memorial Golf Tournament raises more than $35,000 for New England area charities

WILMINGTON, Mass. , July 18, 2023 /PRNewswire/ -- UniFirst Corporation  (NYSE: UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, recently held its 22nd annual Founder's Day on July 14.

UniFirst celebrates 87 years of service excellence at its 22nd annual Founder's Day

WILMINGTON, Mass. , July 12, 2023 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, is proud to be a repeat honoree on Selling Power's "50 Best Companies to Sell For" list for the 20th consecutive year.

Selling Power names UniFirst to '50 Best Companies to Sell For' 20 years in a row

UniFirst Corporation shares have sold off quite a bit in recent months. A 25% pullback in the share price starts to look compelling here after the company has seen real margin struggles and a bolt-on deal. Valuations look a lot more reasonable, although I fail to see an immediate trigger here.

UniFirst: Workwear Play Starting To Look Interesting

UniFirst Corporation (NYSE:UNF ) Q3 2023 Earnings Conference Call June 28, 2023 9:00 AM ET Company Participants Steven Sintros - President and Chief Executive Officer Shane O'Connor - Executive Vice President and Chief Financial Officer Conference Call Participants Andrew Wittmann - Robert W. Baird Sam Karlov - William Blair Andrew Steinerman - JPMorgan Kartik Mehta - Northcoast Research Joshua Chan - UBS Operator Greetings and welcome to the UniFirst Corp Third Quarter Earnings Call.

UniFirst Corporation (UNF) Q3 2023 Earnings Call Transcript

Unifirst NYSE: UNF is not an evident value trading at 24X its earnings outlook. The broad market S&P 500 trades at only 17X or 18X of its earnings, which is well below UniFirst and comes with a better dividend.

Unifirst: Undervalued At Rock-Bottom Prices

UniFirst (UNF) came out with quarterly earnings of $1.29 per share, missing the Zacks Consensus Estimate of $1.82 per share. This compares to earnings of $1.77 per share a year ago.

UniFirst (UNF) Q3 Earnings Miss Estimates

WILMINGTON, Mass., June 28, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its third quarter ended May 27, 2023 as compared to the corresponding period in the prior fiscal year:

UniFirst Announces Financial Results for the Third Quarter of Fiscal 2023

WILMINGTON, Mass., May 30, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2023 third quarter results on June 28, 2023 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on June 28, 2023 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.

UniFirst Corporation Plans to Announce Third Quarter Results on June 28, 2023

Unifirst (NYSE: UNF) is fast becoming the next Cintas (NASDAQ: CTAS), which matters for several reasons. Competition for Cintas aside, Cintas is a blue-chip business services company with robust cash flows, a healthy dividend, a long history of dividend growth, the ability to grow business without debt, and a valuation to back it up.

Unifirst Is The Next Cintas And Why It Matters For Investors

UniFirst Corporation (NYSE:UNF ) Q2 2023 Earnings Conference Call March 29, 2023 9:00 AM ET Company Participants Steven Sintros - President and CEO Shane O'Connor - EVP and CFO Conference Call Participants Andrew Steinerman - JP Morgan Andy Wittmann - Baird Sam Karlov - William Blair Jack Boyle - Northcoast Research Operator Greetings, and welcome to the UniFirst Corp. Second Quarter Earnings Call. During the presentation, all participants will be in a listen-only mode.

UniFirst Corporation (UNF) Q2 2023 Earnings Call Transcript

WILMINGTON, Mass., March 29, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its second quarter ended February 25, 2023 as compared to the corresponding period in the prior fiscal year:

UniFirst Announces Financial Results for the Second Quarter of Fiscal 2023

Owensboro, Kentucky Distribution Center achieves more than 1M hours worked without a lost time incident WILMINGTON, Mass. , March 28, 2023 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, announced that its centralized distribution center in Owensboro, Kentucky achieved a safety milestone working 1,164,849 man hours without a lost time incident from June 1, 2021 through September 30, 2022.

UniFirst receives prestigious Governor's Safety and Health Award

WILMINGTON, Mass. , March 21, 2023 /PRNewswire/ -- UniFirst Corporation (NYSE: UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, in partnership with 14-time NASCAR Cup Series champions Hendrick Motorsports, will be debuting the UniFirst No.

The UniFirst No. 9 Chevy Driven by Jordan Taylor Makes Its 2023 Season Debut at Circuit of The Americas

WILMINGTON, Mass., Feb. 22, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2023 second quarter results on March 29, 2023 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on March 29, 2023 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.

UniFirst Corporation Plans to Announce Second Quarter Results on March 29, 2023

WILMINGTON, Mass., Feb. 08, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”), a North American leader in the supply and servicing of custom business uniform and workwear, facility service programs, and first aid and safety products, today announced that it has signed an agreement to purchase Clean Uniform (“Clean”) for $300 million, or a net purchase price of approximately $260 million after adjusting for the estimated value of anticipated incremental tax benefits that it expects to realize over time.

UniFirst Announces Agreement to Acquire Clean Uniform

Cintas Corp

Cintas and Unifirst stocks are both viable options for exposure in the Industrial Products sector and while their business models are similar there should be more than enough room for both companies as it relates to uniform services.

Time to Buy These Top-Rated Industrial Product Stocks?

WILMINGTON, Mass. , Jan. 19, 2023 /PRNewswire/ -- UniFirst Corporation  (NYSE:UNF), a North American leader in providing customized business uniform programs, facility service products, and first aid and safety services, has named eight Route Service Representatives (RSRs) recipients of the prestigious Aldo Croatti Award for 2022.

News for UniFirst Stock (UNF)