Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, as well as first aid and safety supplies and services. Together with its subsidiaries, the Company also manages specialized garment programs for the cleanroom and nuclear industries. In addition to partnering with leading brands, UniFirst manufactures its own branded workwear, protective clothing, and floorcare products at it ...

WILMINGTON, Mass., July 11, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.330 per share (33.0 cents) on the Company's Common Stock and $0.264 per share (26.4 cents) on the Company's Class B Common Stock. Both dividends are payable on September 27, 2024 to shareholders of record on September 6, 2024. Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North American leader in the supply and servic ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 25, 2024 OR (I.R.S. Employer Identification No.) | Securities registered pursuant to Section 12(b) of the Act: | | | | --- | --- | --- | | Title of each class | Trading Symbol(s) | Name of each exchange on which registered | | Common Stock, $0.10 par value per share | UNF | New York Stock Exchange | Indi ...

Luis Alvarez/DigitalVision via Getty Images Investment action I recommended a buy rating for UniFirst Corp. (NYSE:UNF) when I wrote about it in January this year, as I expected the business to continue growing at a mid-to-high single-digit percentage. As the business scales, it should continue to win share and expand margins. Based on my current outlook and analysis, I recommend a buy rating. My key update to my thesis is that I am now more confident that UNF can continue to expand margins as it scales, esp ...

UniFirst Today UNF UniFirst $171.50 -4.54 (-2.58%) 52-Week Range $149.58 ▼ $187.22 Dividend Yield 0.77% P/E Ratio 25.04 Price Target $186.00 Add to Watchlist UniFirst NYSE: UNF is a quality business with savvy management working hard to improve shareholder value. The efforts include upgrading technology to the latest in enterprise resource planning (ERP) and customer relationship management (CRM) software, helping drive margin. While headwinds persist, they are diminishing and have the company set up to lev ...

UniFirst Corporation (UNF) reported third-quarter fiscal 2024 (ended May 25, 2024) adjusted earnings of $2.19 per share, which surpassed the Zacks Consensus Estimate of $1.88. The bottom line increased 69.8% year over year. On a reported basis, the company's earnings were $2.03 per share, up 57.4% year over year. Notably, it incurred costs of 16 cents per share, associated with the acquisition of Clean Uniform and the implementation of its customer relationship management computer system and enterprise reso ...

UniFirst Corporation (NYSE:UNF) Q3 2024 Earnings Call Transcript June 26, 2024 9:00 AM ET Company Participants Steven Sintros - President and CEO Shane O'Connor - EVP and CFO Conference Call Participants Ronan Kennedy - Barclays Andrew Wittmann - Baird Kartik Mehta - Northcoast Research Luke McFadden - William Blair Andrew Steinerman - JPMorgan Josh Chan - UBS Operator Good day, and thank you for standing by. Welcome to the Third Quarter 2024 UniFirst Earnings Conference Call. At this time, all participants ...

Core Insights - UniFirst reported revenue of $603.33 million for the quarter ended May 2024, marking a year-over-year increase of 4.6% and exceeding the Zacks Consensus Estimate by 0.39% [1] - The earnings per share (EPS) for the same period was $2.19, compared to $1.29 a year ago, representing a surprise of 16.49% over the consensus EPS estimate of $1.88 [1] Revenue Breakdown - Core Laundry Operations generated $528.45 million, surpassing the average estimate of $524.53 million, with a year-over-year change of 5.3% [3] - First Aid revenues were reported at $27.29 million, slightly below the estimated $27.49 million, reflecting a year-over-year increase of 6.9% [3] - Specialty Garments revenues totaled $47.58 million, falling short of the $48.96 million estimate, with a year-over-year decline of 3.7% [3] Operational Performance - Income from operations in Specialty Garments was $11.37 million, exceeding the average estimate of $10.93 million [3] - Income from operations in Core Laundry Operations was reported at $36.93 million, above the estimated $34.22 million [3] Stock Performance - Over the past month, UniFirst shares have returned -4.8%, contrasting with the Zacks S&P 500 composite's increase of 3.2% [4] - The stock currently holds a Zacks Rank 3 (Hold), suggesting it may perform in line with the broader market in the near term [4]

UniFirst (UNF) came out with quarterly earnings of $2.19 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 16.49%. A quarter ago, it was expected that this uniform provider would post earnings of $1.41 per share when it actually produced earnings of $1.22, delivering a surprise of -13.48%. Over the last four quarters, the compa ...

Core Laundry Operations Specialty Garments Financial Outlook UniFirst Corporation will hold a conference call today at 9:00 a.m. (ET) to discuss its quarterly financial results, business highlights and outlook. A simultaneous live webcast of the call will be available over the Internet and can be accessed at www.unifirst.com. This public announcement contains forward-looking statements within the meaning of the federal securities laws that reflect the Company's current views with respect to future events an ...