Financial Performance - In fiscal year 2025, the company generated revenue of approximately $2.7 billion, with operating income of $64.4 million (2.4% of revenue) and a net loss of $40.2 million (-1.5% of revenue) [27] - Revenue from the recurring rental business comprised 95% of total revenue, indicating a strong reliance on predictable income streams [27] - 91% of fiscal year 2025 revenue was generated from sales in the United States, while 9% came from Canada, highlighting the company's geographic focus [27] - Approximately 9% of consolidated revenues are generated from foreign denominated revenues [285] Customer Base and Relationships - The company serves over 300,000 customer accounts across the United States and Canada, with a diverse customer base spanning various industries including manufacturing, hospitality, and healthcare [23][34] - The company’s top 10 customers account for less than 10% of total revenue, demonstrating a diversified revenue stream [34] - The company serves over 300,000 customer accounts, maintaining long-term relationships due to quality services and on-time delivery [49] - Approximately 30% to 40% of current customers utilize the full range of services and products, indicating significant cross-selling opportunities [55] Operations and Facilities - The company operates a network of over 325 facilities, including laundry plants and distribution centers, supporting over 3,300 pick-up and delivery routes [43] - Approximately 60% of uniforms and linens are manufactured in Mexico, utilizing a total manufacturing capacity of approximately 189,000 square feet [43] - The company focuses on operational excellence by identifying key areas to reduce operating costs and expand margins, including workforce management and merchandise inventory management [57][59] - The company aims to enhance route density through targeted sales strategies and analytical tools, which will lower overall costs per route [62] Sustainability and ESG Efforts - The company emphasizes sustainability by minimizing fuel usage and energy consumption in its operations, as well as repairing and reusing garments to support the circular economy [44] - The company is committed to environmental, social, and governance (ESG) efforts, including compliance with safe manufacturing practices and efficient use of resources [76] Competitive Landscape - The competitive landscape is characterized by local, fragmented competition, with primary competitors including Cintas Corporation and UniFirst Corporation [31][32] - The company is the second largest provider in its industry in the U.S. and Canada, leveraging its size for competitive advantages in purchasing power and operational efficiencies [48] Business Transformation and Strategy - The company initiated a multi-year business transformation and restructuring plan in Q1 of fiscal 2026 to improve profitability and cash flow generation [51] - The company emphasizes customer retention and modernization of the customer experience through investments in technology and service processes [54] Workforce - The workforce consists of approximately 18,150 teammates, with about 10,750 represented by labor unions, highlighting the importance of maintaining productive relationships [64] Financial Instruments and Risks - Each 1% increase in interest rates on the Term Loan Facilities would increase annual interest expense by approximately $11.4 million [287] - As of October 3, 2025, $1,143 million aggregate principal amount was outstanding under the Term Loan Facilities [287] - The company currently does not enter into financial instruments to manage foreign currency translation risk [285] - As of October 3, 2025, the company had no outstanding derivative arrangements for commodity price risk [288] Operational Enhancements - The company has made enhancements to its wash chemistry, resulting in utility resource reductions, including shorter washing machine run times and reduced water temperatures [76]

Core Insights - Vestis (VSTS) reported quarterly earnings of $0.03 per share, matching the Zacks Consensus Estimate, but down from $0.11 per share a year ago [1] - The company posted revenues of $712.01 million for the quarter ended September 2025, exceeding the Zacks Consensus Estimate by 1.22% and up from $684.28 million year-over-year [2] - Vestis shares have declined approximately 57.5% year-to-date, contrasting with the S&P 500's gain of 16.5% [3] Earnings Outlook - The future performance of Vestis stock will largely depend on management's commentary during the earnings call and the company's earnings outlook [4] - The current consensus EPS estimate for the upcoming quarter is $0.03 on revenues of $681.66 million, and for the current fiscal year, it is $0.16 on revenues of $2.72 billion [7] Industry Context - The Uniform and Related industry, to which Vestis belongs, is currently ranked in the bottom 7% of over 250 Zacks industries, indicating potential challenges ahead [8]

Vestis Corp. (NYSE:VSTS) shares fell after the company released a mixed fourth-quarter earnings report after Monday's closing bell. The company also announced a “strategic business transformation” plan. Here's a look at the details in the report. VSTS stock is moving. Watch the price action here.The Details: Vestis reported earnings of three cents per share, which missed the analyst estimate of six cents.Quarterly revenue came in at $712.01 million, which beat the consensus estimate of $678.3 million.Read N ...

Vestis Reports Fourth Quarter and Full-Year 2025 Results and Announces Strategic Business Transformation ATLANTA, GA, December 1, 2025 – Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the fiscal fourth quarter and full-year periods ended October 3, 2025, both of which reflect an additional week of operations when compared to the same prior year period. Fourth Quarter 2025 Results Management Commentary "We ended fiscal 2025 in a good po ...

ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the fiscal fourth quarter and full-year periods ended October 3, 2025, both of which reflect an additional week of operations when compared to the same prior year period. Fourth Quarter 2025 Results Revenue of $712 million Operating Income of $18 million Net Loss of $13 million, or $(0.10) per diluted share Adjusted Net Income* of $4 million, or $0.03. ...

With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:Wall Street expects MongoDB Inc. (NASDAQ:MDB) to report quarterly earnings at 80 cents per share on revenue of $591.52 million after the closing bell, according to data from Benzinga Pro. MongoDB shares rose 1.9% to close at $332.37 on Friday.Analysts are expecting Vestis Corp. (NYSE:VSTS) to post quarterly earnings at 6 cents per share on revenue of $678.30 million for the late ...

Vestis Corporation (NYSE:VSTS) will release earnings results for the fourth quarter, after the closing bell on Monday, Dec. 1.Analysts expect the Roswell, Georgia-based company to report quarterly earnings of 6 cents per share on revenue of $678.30 million.On Aug. 5, Vestis posted better-than-expected results for the third quarter.Shares of Vestis gained 1.6% to close at $6.44 on Wednesday.Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock tic ...

Core Viewpoint - Vestis (NYSE: VSTS) is set to release its fiscal fourth quarter and full year 2025 results on December 1, 2025, after market close, indicating a significant upcoming financial disclosure [1] Financial Results Announcement - The company will hold a conference call on December 2, 2025, at 8:30 a.m. ET to discuss the financial results and engage in a question-and-answer session [1] - A webcast of the conference call along with presentation materials will be available, enhancing accessibility for stakeholders [1]

Core Viewpoint - Shamis & Gentile, P.A. is investigating potential breaches of fiduciary duties by directors and officers of Vestis Corporation following significant stock price declines and allegations of misleading investors [1][4]. Group 1: Company Background - Vestis Corporation was spun off from Aramark's Uniform Services business on October 2, 2023, and began trading on the New York Stock Exchange [3]. - The company reported second-quarter results on May 2, 2024, that fell below market expectations, leading to a withdrawal of its full-year guidance and a weaker outlook [3]. Group 2: Stock Performance - Following the disappointing financial disclosures, Vestis' stock price declined by approximately 45% [3]. Group 3: Legal Actions - A securities class action was filed against Vestis, alleging that the company misled investors regarding its operational readiness and overstated growth prospects [4]. - The lawsuit claims that Vestis failed to disclose issues such as inherited underinvestment, internal-control weaknesses, and service challenges that negatively impacted performance [4]. Group 4: Investigation Details - Shamis & Gentile, P.A. is assessing whether Vestis' board of directors and officers maintained adequate oversight and internal controls related to the alleged misconduct [5]. - Potential governance failures may have exposed the company to significant harm, and long-term shareholders may seek corporate governance reforms and financial restitution [5].

Core Viewpoint - Halper Sadeh LLC is investigating potential breaches of fiduciary duties by certain officers and directors of Vestis Corporation, which may affect shareholder rights and corporate governance [1][2]. Group 1: Shareholder Rights and Legal Options - Long-term shareholders of Vestis Corporation may seek corporate governance reforms, recovery of funds, court-approved financial incentives, or other benefits [2]. - Shareholder involvement is crucial for improving company policies and practices, leading to enhanced transparency and accountability, which can ultimately increase shareholder value [3]. Group 2: Legal Representation and Firm Background - Halper Sadeh LLC represents global investors affected by securities fraud and corporate misconduct, having successfully implemented corporate reforms and recovered millions for defrauded investors [4].