Core Financial Highlights - UniFirst Corporation reported consolidated revenues of $610.8 million for Q3 2025, an increase of 1.2% compared to $603.3 million in Q3 2024 [7] - Operating income decreased slightly by 0.6% to $48.2 million, while net income increased by 4.3% to $39.7 million from $38.1 million in the prior year [7][13] - Diluted earnings per share rose to $2.13, up 4.9% from $2.03 in the previous year [7][13] Key Initiatives and Costs - The company incurred approximately $1.0 million in costs related to its Key Initiatives in Q3 2025, compared to $3.9 million in Q3 2024 [3][18] - These costs negatively impacted the operating and Adjusted EBITDA margins of Core Laundry Operations by 0.2% and 0.7%, respectively, for both fiscal years [3][18] Segment Performance - Core Laundry Operations generated revenues of $533.2 million, reflecting a 0.9% increase, while the Adjusted EBITDA margin remained unchanged at 13.5% [8][17] - Specialty Garments and First Aid segments also showed revenue growth of 0.5% and 9.1%, respectively, contributing to the overall revenue increase [17] Financial Outlook - The company maintains its annual revenue guidance between $2.422 billion and $2.432 billion, while raising its diluted earnings per share guidance to a range of $7.60 to $8.00 [5] - The updated guidance reflects an assumption that Key Initiative costs will be approximately $7.5 million for fiscal 2025, revised from previous estimates [5] Balance Sheet and Cash Flow - As of May 31, 2025, cash, cash equivalents, and short-term investments totaled $211.9 million, up from $161.6 million at the end of the previous fiscal year [9][15] - Cash flows from operating activities for the first nine months of fiscal 2025 were $196.5 million, indicating strong operational performance [9][22]

UniFirst Corporation UNF will release earnings results for the third quarter, before the opening bell on Wednesday, July 2.Analysts expect the Wilmington, Massachusetts-based company to report quarterly earnings at $2.09 per share, down from $2.20 per share in the year-ago period. UniFirst projects to report quarterly revenue of $614.5 million, compared to $603.33 million a year earlier, according to data from Benzinga Pro.On April 8, Unifirst disclosed a new $100 million share repurchase authorization.UniF ...

Company Overview - UniFirst Corporation is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, and first aid and safety supplies and services [3] - The company manages specialized garment programs for the cleanroom and nuclear industries and manufactures its own branded workwear and protective clothing at five ISO-9001-certified manufacturing facilities [3] - UniFirst operates more than 270 service locations and serves over 300,000 customer locations, outfitting more than 2 million workers daily with a workforce of over 16,000 employees [3] Upcoming Financial Reporting - UniFirst Corporation will report its Fiscal 2025 third quarter results on July 2, 2025, before the market opens [1] - A conference call will be held at 9:00 a.m. Eastern Time on the same day to discuss quarterly financial results, business highlights, and outlook [1] - The company may address questions regarding business and financial developments, earnings forecasts, and other relevant matters, potentially including undisclosed information [1]

Company Performance - Fanuc Corp. has returned approximately 3.1% since the beginning of the calendar year, outperforming the average loss of 2.6% in the Industrial Products sector [4] - The Zacks Consensus Estimate for Fanuc's full-year earnings has increased by 1.4% over the past quarter, indicating improved analyst sentiment and a stronger earnings outlook [3] - Fanuc Corp. is currently ranked 2 (Buy) in the Zacks Rank system, which emphasizes earnings estimates and revisions [3] Industry Comparison - Fanuc Corp. belongs to the Industrial Automation and Robotics industry, which is currently ranked 2 in the Zacks Industry Rank [5] - The average performance of stocks in the Industrial Automation and Robotics industry has seen a significant decline of 54.7% this year, highlighting Fanuc's relative strength [5] - In contrast, another stock in the Industrial Products sector, UniFirst, has achieved a year-to-date return of 10.4% and is also ranked 2 (Buy) [4][5] Sector Overview - The Industrial Products sector, which includes 190 individual stocks, is currently ranked 10 in the Zacks Sector Rank [2] - The Uniform and Related industry, to which UniFirst belongs, is ranked 89 and has experienced a decline of 17.1% this year [6]

Core Insights - UniFirst Corporation has achieved significant safety milestones at its Owensboro Distribution and Fulfillment Center, receiving the OSHA VPP Star certification and the Governor's Safety and Health Award [1][3][4] Safety Achievements - The VPP Star certification is OSHA's highest recognition for workplace safety, awarded to organizations with exceptional safety practices [3] - The Governor's Safety and Health Award is given to workplaces that have exceeded 1,000,000 hours without a lost time incident, highlighting a strong safety culture [3][4] - This marks the fourth time UniFirst has received the Governor's Safety and Health Award, with previous recognitions in 2010, 2020, and 2022 [4] Commitment to Safety - The safety achievements are attributed to the efforts of the dedicated Team Partners at UniFirst, emphasizing teamwork and a strong safety culture [5][6] - The VPP certification process includes thorough evaluations and on-site audits by Kentucky OSHA experts, along with employee surveys to ensure a safety-first culture [5] - The facility has implemented ongoing bi-weekly plant audits and quarterly evaluations across 25 operational areas to maintain high safety standards [6] Expansion and Investment - UniFirst is also undertaking a 109,000-square-foot expansion project at the Owensboro Distribution Center, increasing its total footprint to nearly half a million square feet [7] - This expansion has received recognition and support from the Governor, reflecting the company's commitment to investing in its operations and workforce [7]

Core Insights - UniFirst Corporation will participate in the Baird 2025 Global Consumer, Technology & Services Conference on June 4, 2025, with a presentation scheduled for 9:40am Eastern Time [1] - The presentation will cover business highlights and recent trends affecting UniFirst [1] Company Overview - UniFirst Corporation is a North American leader in uniform and workwear supply and servicing, as well as facility service products and first aid supplies [2] - The company operates five ISO-9001-certified manufacturing facilities and manages specialized garment programs for cleanroom and nuclear industries [2] - UniFirst has over 270 service locations, serves more than 300,000 customer locations, and employs over 16,000 Team Partners, outfitting over 2 million workers daily [2]

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is UniFirst (UNF) one of those stocks right now? Let's take a closer look at the stock's year-to-date performance to find out.UniFirst is a member of our Industrial Products group, which includes 190 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from best to worst i ...

Investors interested in Industrial Products stocks should always be looking to find the best-performing companies in the group. Has UniFirst (UNF) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.UniFirst is one of 192 individual stocks in the Industrial Products sector. Collectively, these companies sit at #10 in the Zacks Sector Rank. The Zacks Sector Rank gauges the ...

Company Overview - Unifirst Corporation (UNF) is currently positioned as an intriguing investment choice due to solid earnings estimate revision activity and a favorable Zacks Industry Rank [1][5] - The company has seen a rise in earnings estimates, indicating a more bullish outlook from analysts for both short and long-term prospects [3][4] Industry Context - The Industrial Products space, where Unifirst operates, has a Zacks Industry Rank of 12 out of 247 industries, suggesting strong overall positioning compared to other segments [2] - A broad trend in the industry is likely benefiting multiple securities, indicating a rising tide effect that could lift all boats within this sector [2] Earnings Estimates - Over the past month, current quarter earnings estimates for Unifirst have increased from $2.07 per share to $2.14 per share, while current year estimates have risen from $7.63 per share to $7.94 per share [4] - These revisions have contributed to Unifirst earning a Zacks Rank of 2 (Buy), highlighting its solid market position [4]

Financial Performance - Revenues for the thirteen weeks ended March 1, 2025, increased to $602,219,000, up 1% from $590,711,000 for the same period in 2024[11] - Net income for the twenty-six weeks ended March 1, 2025, rose to $67,564,000, representing an 8.9% increase compared to $62,782,000 for the same period in 2024[11] - Operating income for the thirteen weeks ended March 1, 2025, was $31,214,000, a 12.8% increase from $27,943,000 in the prior year[11] - Basic income per share for common stock increased to $1.37 for the thirteen weeks ended March 1, 2025, compared to $1.14 for the same period in 2024, reflecting a 20.2% growth[11] - Net income for the twenty-six weeks ended March 1, 2025, was $67,564,000, an increase from $62,782,000 for the same period in the previous year, representing an increase of approximately 12.6%[25] - Cash provided by operating activities for the same period was $128,304,000, compared to $106,725,000 in the prior year, reflecting a growth of about 20.1%[25] - The net income available to shareholders for the thirteen weeks ended March 1, 2025, was $24.459 million, up from $20.457 million for the same period in 2024, indicating a year-over-year increase of 14.6%[66] - Diluted income per share for Common Stock was reported at $1.31 for the thirteen weeks ended March 1, 2025, compared to $1.09 for the same period in 2024, reflecting an increase of approximately 20.2%[68] Assets and Liabilities - Total assets as of March 1, 2025, amounted to $2,733,362,000, an increase from $2,696,413,000 as of August 31, 2024[17] - Cash and cash equivalents increased to $192,174,000 as of March 1, 2025, compared to $161,571,000 as of August 31, 2024[17] - Total current liabilities decreased to $277,560,000 as of March 1, 2025, from $281,437,000 as of August 31, 2024[17] - Shareholders' equity increased to $2,143,556,000 as of March 1, 2025, compared to $2,108,511,000 as of August 31, 2024[17] - Total current assets increased to $936.8 million as of March 1, 2025, compared to $915.7 million as of August 31, 2024[17] - Total liabilities stood at $589.8 million as of March 1, 2025, slightly up from $587.9 million as of August 31, 2024[17] Cash Flow and Investments - Total cash and cash equivalents at the end of the period increased to $192,174,000 from $90,538,000, marking a significant increase of approximately 112%[25] - The net cash used in investing activities was $67,225,000, compared to $73,447,000 in the previous year, indicating a decrease of approximately 8.5%[25] - Capital expenditures, including capitalization of software costs, were $66,086,000 for the current period, down from $72,902,000 in the previous year[25] - The Company completed four business acquisitions during the twenty-six weeks ended March 1, 2025, with an aggregate purchase price of approximately $6.5 million, primarily assigned to goodwill and intangible assets[45] Dividends and Share Repurchase - The company declared dividends of $0.350 per share for common stock and $0.280 per share for Class B common stock, totaling $5,260,000 and $996,000 respectively[25] - The Company authorized a new share repurchase program to repurchase up to $100.0 million of its outstanding shares of Common Stock, which may be executed in the open market or through privately negotiated transactions[116] - The Company repurchased $12,528,000 worth of common stock during the period, compared to $8,119,000 in the previous year, indicating an increase of approximately 54.5%[25] Revenue Segmentation - Core Laundry Operations accounted for 88.0% of total revenues in the thirteen weeks ended March 1, 2025, with revenues of $530,351 thousand, compared to 88.4% and $522,420 thousand in the same period of 2024[35] - Approximately 83.4% of the Company's revenues for the thirteen weeks ended March 1, 2025, were derived from fees for route servicing, consistent with 84.0% in the same period of 2024[36] - The Specialty Garments segment generated revenues of $44.4 million for the thirteen weeks ended March 1, 2025, compared to $43.5 million for the same period in 2024, showing a growth of 2.1%[113] - The First Aid segment reported revenues of $27.5 million for the thirteen weeks ended March 1, 2025, an increase from $24.8 million in the same period last year, representing a growth of 10.5%[113] Expenses and Costs - Selling and administrative expenses related to deferred commissions for the thirteen weeks ended March 1, 2025, were $4,855 thousand, compared to $4,443 thousand for the same period in 2024[43] - Contributions charged to expense under the defined contribution retirement savings plan for the thirteen weeks ended March 1, 2025, were $3.7 million, compared to $4.8 million for the same period in 2024, representing a decrease of 23.1%[59] - The Company reported a depreciation and amortization expense of $69,754,000 for the current period, slightly up from $68,893,000 in the previous year[25] Tax and Environmental Liabilities - The Company's effective tax rate for the thirteen weeks ended March 1, 2025, was 25.0%, a decrease from 26.2% in the prior year, primarily due to excess tax benefits related to stock-based compensation[97] - The Company has accrued environmental liabilities totaling $30.878 million, down from $31.255 million as of August 31, 2024[89] - Anticipated net costs for environmental remediation liabilities over the next five fiscal years total $34.005 million, after accounting for estimated insurance proceeds[90] - The Company has received a tax assessment from the Mexican federal tax authority totaling over $84.7 million, which is currently under appeal[93] Miscellaneous - The company continues to focus on market expansion and new product development strategies to drive future growth[11] - The Company recognized a gain of $0.1 million from derivative financial instruments during the twenty-six weeks ended March 1, 2025, which was reclassified from accumulated other comprehensive loss to revenue[58] - The balance of accumulated other comprehensive loss as of March 1, 2025, was $(32.95) million, compared to $(23.04) million as of February 24, 2024, indicating a deterioration in comprehensive loss[106]