UniFirst: Still Bullish On The Business Ability To Expand Margins
UniFirst(UNF) Seeking Alpha·2024-07-02 07:00
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 ...