UniFirst(UNF)

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Unlocking Q2 Potential of UniFirst (UNF): Exploring Wall Street Estimates for Key Metrics
ZACKS· 2025-03-28 14:15
Analysts on Wall Street project that UniFirst (UNF) will announce quarterly earnings of $1.31 per share in its forthcoming report, representing an increase of 7.4% year over year. Revenues are projected to reach $603.04 million, increasing 2.1% from the same quarter last year.Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.Before a com ...
UniFirst Stock Crumbles on Billion-Dollar Buyout Blunder
Schaeffers Investment Research· 2025-03-25 14:56
Core Viewpoint - UniFirst Corp's stock is experiencing a significant decline following the termination of a buyout offer from Cintas, which had valued UniFirst at $275 per share, totaling $5.3 billion [1] Group 1: Stock Performance - UniFirst's stock is down 13.5% to $170.89, hitting a low of $162, the lowest level since January [1][2] - The stock has been on a steady downtrend since reaching a three-year high of $243.70 on January 7 [2] - Despite the recent decline, the stock is attempting to maintain its year-to-date breakeven mark [2] Group 2: Analyst Reactions - UBS has reduced its price target for UniFirst from $235 to $194 following the failed acquisition [1] Group 3: Upcoming Earnings Report - UniFirst is set to release its latest earnings report on April 2, with the stock having finished higher after three of its last four reports [3] - Broader market volatility, influenced by President Trump's tariff deadline, is expected to impact the earnings report [3] - Historically, the stock has averaged a 6.4% price movement over the last two years, with current options pricing indicating an anticipated 8.4% swing [3]
KB Home Posts Downbeat Results, Joins UniFirst, Oklo And Other Big Stocks Moving Lower In Tuesday's Pre-Market Session
Benzinga· 2025-03-25 12:38
U.S. stock futures were mixed this morning, with the S&P 500 futures gaining around 0.1% on Tuesday.Shares of KB Home KBH fell sharply in today's pre-market trading as the company reported weaker-than-expected first-quarter results after the closing bell on Monday.KB Home reported first-quarter revenue of $1.39 billion, missing analyst estimates of $1.50 billion. The U.S. homebuilder reported first-quarter earnings of $1.49 per share, missing analyst estimates of $1.59 per share, according to Benzinga Pro.K ...
UniFirst breaks ground on 109,000 square-foot expansion of Owensboro Distribution and Fulfillment Center
Prnewswire· 2025-03-24 11:45
Core Insights - UniFirst Corporation is expanding its Owensboro, Kentucky Distribution and Fulfillment Center with a $28 million investment to meet increased customer demand for uniforms and facility service products across North America [2][3]. Group 1: Expansion Details - The expansion will increase the facility's size from 360,000 square feet to 469,000 square feet, enhancing operational efficiency and order accuracy while adding capacity [3]. - Construction is set to begin in March 2025, with partial occupancy anticipated by October 2025 and full completion expected by early 2026 [7]. Group 2: Technological Advancements - The expansion will incorporate advanced robotics technology, smart conveyors, and a state-of-the-art shipping sortation system, along with a new Warehouse Management System to streamline operations [4]. - Sustainable features include high-efficiency HVAC systems and LED lighting to reduce energy use, as well as natural lighting and outdoor spaces for a welcoming work environment [4]. Group 3: Community and Economic Impact - The project is seen as an investment in the local community, with support from local and state officials, including Governor Andy Beshear, highlighting its importance to Kentucky's manufacturing excellence [5]. - The Owensboro facility has received the Governor's Health and Safety Award and is one of only 19 sites in Kentucky to achieve OSHA's VPP Star certification, reflecting high safety standards [5]. Group 4: Company Overview - UniFirst Corporation is a leader in providing customized business uniform programs, facility service products, and first aid and safety services, with over 520 local employees and processing more than 20 million garments annually [3][9]. - The company operates three ISO 9001 certified manufacturing facilities and serves over 300,000 customer locations across North America [9].
The all-new UniFirst No. 9 Chevrolet to make 2025 NASCAR Cup Series season debut at Homestead-Miami
Prnewswire· 2025-03-18 14:00
Core Points - UniFirst Corporation is launching the new UniFirst No. 9 Chevrolet Camaro for the 2025 NASCAR Cup Series season, marking a significant branding initiative in collaboration with Hendrick Motorsports [1][2] - The car features a refreshed design that embodies UniFirst's brand identity, showcasing its signature green color along with vibrant green and gray tones [2][3] - The debut race for the UniFirst No. 9 Chevrolet will take place at Homestead-Miami Speedway on March 23, 2025, with a total of five scheduled appearances throughout the season [1][3][6] Company Overview - UniFirst Corporation, headquartered in Wilmington, Massachusetts, is a leader in North America for uniform and workwear programs, facility service products, and first aid and safety services [5] - The company operates over 270 service locations and serves more than 300,000 customer locations, outfitting over 2 million workers daily [5] - UniFirst manufactures its own branded workwear and protective clothing at three ISO-9001-certified manufacturing facilities [5] Partnership with Hendrick Motorsports - The 2025 NASCAR season marks the 10th year of UniFirst's partnership with Hendrick Motorsports and the sixth year sponsoring driver Chase Elliott [4] - UniFirst is the Official Workwear Provider for Hendrick Motorsports, supplying uniforms and work clothing to the team and its associated companies [4] - Hendrick Motorsports is recognized as the winningest team in NASCAR Cup Series history, holding numerous records including 14 championships and 313 race victories [7]
Is SoundThinking, Inc. (SSTI) Outperforming Other Industrial Products Stocks This Year?
ZACKS· 2025-03-06 15:40
Company Performance - SoundThinking (SSTI) has returned 20.4% year-to-date, significantly outperforming the average loss of about 3% in the Industrial Products sector [4] - The Zacks Consensus Estimate for SSTI's full-year earnings has increased by 4.7% over the past three months, indicating improving analyst sentiment [3] - SoundThinking belongs to the Security and Safety Services industry, which has seen a loss of about 3.1% this year, further highlighting SSTI's strong performance relative to its peers [5] Industry Context - The Industrial Products sector, which includes 200 individual stocks, is currently ranked 13 in the Zacks Sector Rank [2] - The Security and Safety Services industry, where SoundThinking operates, is ranked 70 in the Zacks Industry Rank [5] - Another outperforming stock in the Industrial Products sector is UniFirst (UNF), which has returned 23.1% year-to-date and has a Zacks Rank of 2 (Buy) [4][5]
UniFirst Corporation Plans to Announce Second Quarter Results on April 2, 2025
Newsfilter· 2025-03-05 20:33
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, serves over 300,000 customer locations, and employs over 16,000 Team Partners, outfitting more than 2 million workers daily [3] Upcoming Financial Reporting - UniFirst Corporation will report its Fiscal 2025 second quarter results on April 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, including earnings forecasts and other relevant matters, with some responses potentially containing previously undisclosed information [1]
UniFirst Corporation Plans to Announce Second Quarter Results on April 2, 2025
Globenewswire· 2025-03-05 20:33
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 Results - UniFirst Corporation will report its Fiscal 2025 second quarter results on April 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, including earnings forecasts and other relevant matters, which may include previously undisclosed information [1]
Should Value Investors Buy Unifirst (UNF) Stock?
ZACKS· 2025-02-20 15:40
Core Viewpoint - The article emphasizes the importance of value investing and highlights Unifirst (UNF) as a strong value stock based on its Zacks Rank and valuation metrics [1][3][6] Value Investing - Value investing is a popular strategy for identifying undervalued stocks that have the potential for profit [2] - Zacks has developed a Style Scores system to categorize stocks, with a focus on the "Value" category for value investors [3] Unifirst (UNF) Overview - Unifirst (UNF) has a Zacks Rank of 2 (Buy) and an A grade in the Value category, indicating it is among the strongest value stocks currently available [3] - UNF's price-to-book (P/B) ratio is 1.84, which is attractive compared to the industry average of 4.23 [4] - Over the past year, UNF's P/B ratio has fluctuated between 1.36 and 2.01, with a median of 1.63 [4] Cash Flow Metrics - UNF has a price-to-cash flow (P/CF) ratio of 13.64, which is significantly lower than the industry average of 24.59 [5] - The P/CF ratio for UNF has ranged from 10.67 to 14.90 over the past year, with a median of 12.57 [5] Conclusion on Valuation - The combination of UNF's strong valuation metrics and positive earnings outlook suggests that the stock is likely undervalued at present [6]
Is Sandvik (SDVKY) Outperforming Other Industrial Products Stocks This Year?
ZACKS· 2025-02-14 15:41
Group 1 - Sandvik AB (SDVKY) is a notable stock in the Industrial Products group, currently outperforming its peers with a year-to-date return of approximately 24.4% compared to the sector's average gain of 1.3% [4] - The Zacks Rank for Sandvik AB is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The consensus estimate for Sandvik AB's full-year earnings has increased by 66.5% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - Sandvik AB is part of the Manufacturing - Tools & Related Products industry, which has an average gain of 8.7% this year, further highlighting Sandvik's strong performance [6] - Another stock in the Industrial Products sector, UniFirst (UNF), has also shown strong performance with a year-to-date return of 26.4% and a Zacks Rank of 2 (Buy) [5] - The Uniform and Related industry, where UniFirst belongs, has gained 12.3% this year, indicating a competitive environment within the sector [6]