Vestis (VSTS)
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Vestis (VSTS) - 2026 Q1 - Earnings Call Transcript
2026-02-10 14:32
Vestis (NYSE:VSTS) Q1 2026 Earnings call February 10, 2026 08:30 AM ET Company ParticipantsAdam Bowen - Interim CFOBill Seward - COOJim Barber - President and CEOStephanie Healy - Managing DirectorConference Call ParticipantsRonan Kennedy - Equity Research AnalystStephanie Moore - Equity Research AnalystTim Mulrooney - Equity Research AnalystNone - AnalystOperatorWelcome to the Vestis Corporation fiscal first quarter 2026 earnings conference call. At this time, all participants have been placed in a listen- ...
Vestis (VSTS) - 2026 Q1 - Earnings Call Transcript
2026-02-10 14:32
Vestis (NYSE:VSTS) Q1 2026 Earnings call February 10, 2026 08:30 AM ET Company ParticipantsAdam Bowen - Interim CFOBill Seward - COOJim Barber - President and CEOStephanie Healy - Managing DirectorConference Call ParticipantsRonan Kennedy - Equity Research AnalystStephanie Moore - Equity Research AnalystTim Mulrooney - Equity Research AnalystNone - AnalystOperatorWelcome to the Vestis Corporation Fiscal First Quarter 2026 Earnings Conference Call. At this time, all participants have been placed in a listen- ...
Vestis (VSTS) - 2026 Q1 - Earnings Call Transcript
2026-02-10 14:30
Vestis (NYSE:VSTS) Q1 2026 Earnings call February 10, 2026 08:30 AM ET Speaker4Welcome to the Vestis Corporation fiscal first quarter 2026 earnings conference call. At this time, all participants have been placed in a listen-only mode, and the floor will be open for your questions following the presentation. If you would like to ask a question at that time, please press star 1 on your telephone keypad. If at any point your question has been answered, you may remove yourself from the queue by pressing star 2 ...
Vestis (VSTS) Q1 Earnings Beat Estimates
ZACKS· 2026-02-10 14:26
分组1 - Vestis reported quarterly earnings of $0.1 per share, exceeding the Zacks Consensus Estimate of $0.06 per share, but down from $0.14 per share a year ago, representing an earnings surprise of +66.67% [1] - The company posted revenues of $663.39 million for the quarter ended December 2025, missing the Zacks Consensus Estimate by 0.26%, and down from $683.78 million year-over-year [2] - Vestis has surpassed consensus revenue estimates two times over the last four quarters, while it has only beaten consensus EPS estimates once in the same period [2] 分组2 - The stock has gained approximately 9.8% since the beginning of the year, outperforming the S&P 500's gain of 1.7% [3] - The current consensus EPS estimate for the upcoming quarter is $0.08 on revenues of $656.45 million, and for the current fiscal year, it is $0.37 on revenues of $2.66 billion [7] - The Zacks Industry Rank for Uniform and Related is currently in the bottom 15% of over 250 Zacks industries, indicating potential challenges for the stock's performance [8]
Vestis (VSTS) - 2026 Q1 - Earnings Call Presentation
2026-02-10 13:30
Notes to Investors Non-GAAP Financial Measures Vestis reports its financial results in accordance with U.S. GAAP, but in this presentation and the non-GAAP reconciliations that follow, Vestis also uses the following non-GAAP measures: Adjusted Basic Earnings Per Share ("EPS"), Adjusted Diluted EPS, Adjusted EBITDA, Adjusted EBITDA Margin, Adjusted Net Income (Loss), Free Cash Flow, Adjusted Free Cash Flow, Net Debt, Net Leverage Ratio, Operating Leverage, Trailing Twelve Months Covenant Adjusted EBITDA, Adj ...
Vestis (VSTS) - 2026 Q1 - Quarterly Report
2026-02-10 12:14
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended January 2, 2026 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-41783 Vestis Corporation (Exact name of registrant as specified in its charter) Delaware 92-2573927 (I.R.S. Employer Identification Number) (State or oth ...
Vestis (VSTS) - 2026 Q1 - Quarterly Results
2026-02-10 12:10
Vestis Reports First Quarter 2026 Results and Reaffirms Fiscal 2026 Outlook ATLANTA, GA, February 10, 2026 – Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the first quarter ended January 2, 2026. First Quarter 2026 Highlights Management Commentary "Our first quarter results reflect a solid start to our fiscal 2026 and strong execution against our business transformation plan focused on unlocking operating leverage while elevating the ...
Vestis Investigation Initiated: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Vestis Corporation - VSTS
Prnewswire· 2026-01-20 20:41
Core Viewpoint - Kahn Swick & Foti, LLC has initiated an investigation into Vestis Corporation following significant financial disclosures and a related securities class action lawsuit against the company and its executives [1][2][3]. Financial Performance - In May 2025, Vestis Corporation announced its 2Q 2025 financial results, retracting its revenue and growth guidance for the full fiscal year 2025, citing "lost business in excess of new business" and "lower adds over stops" as primary reasons for the disappointing outlook [2]. Legal Issues - The company and certain executives are facing a securities class action lawsuit for allegedly failing to disclose material information, which is currently ongoing [2]. - KSF's investigation is focused on whether Vestis' officers and/or directors breached their fiduciary duties to shareholders or violated state or federal laws [3]. Company Background - Kahn Swick & Foti, LLC is recognized as a leading boutique securities litigation law firm, with a strong track record in recovering investment losses due to corporate fraud or malfeasance [4].
Here’s Why Riverwater Partners Small Cap Strategy Sold Vestis Corporation (VSTS)
Yahoo Finance· 2025-12-16 12:55
Core Insights - Riverwater Partners' Small Cap Strategy reported solid results for Q3 2025 but lagged behind the benchmark due to the market's preference for lower-quality companies [1] - The strategy focuses on higher-quality companies with strong fundamentals and a clear path to profitability, positioning itself well for challenging market conditions [1] - Vestis Corporation (NYSE:VSTS) was highlighted as a stock of interest, showing a one-month return of 38.46% but a significant 53.07% decline over the past 52 weeks [2] Company Analysis - Vestis Corporation is undergoing a business turnaround, which is expected to take longer than initially anticipated, compounded by a debt overhang that may hinder reinvestment [3] - The company is not among the 30 most popular stocks among hedge funds, with 27 hedge fund portfolios holding its shares at the end of Q3 2025, down from 34 in the previous quarter [4] - While Vestis Corporation has potential, the company is viewed as less favorable compared to certain AI stocks that are believed to offer greater upside potential and lower downside risk [4]
Vestis Corp.: Revenue Growth Needs To Recover First
Seeking Alpha· 2025-12-10 09:28
Core Viewpoint - Vestis Corp. (VSTS) continues to hold a "hold" rating due to a lack of immediate turnaround signs in its performance [1] Group 1: Company Analysis - The analyst previously assigned a "hold" rating to Vestis Corp. as there were no tangible signs of improvement [1] - The investment strategy employed by the analyst includes fundamental, technical, and momentum investing approaches, indicating a comprehensive analysis of the company's performance [1] Group 2: Investor Perspective - The individual investor focuses on managing personal capital accumulated over the years, suggesting a long-term investment approach [1] - The purpose of writing on Seeking Alpha is to track investment ideas and connect with like-minded investors, highlighting the importance of community in investment strategies [1]