Vestis (VSTS) Reports Q2 Loss, Misses Revenue Estimates

Company Performance - Vestis reported a quarterly loss of $0.05 per share, missing the Zacks Consensus Estimate of $0.15, and compared to earnings of $0.13 per share a year ago, representing an earnings surprise of -133.33% [1] - The company posted revenues of $665.25 million for the quarter ended March 2025, missing the Zacks Consensus Estimate by 3.79%, and down from $705.37 million year-over-year [2] - Over the last four quarters, Vestis has surpassed consensus EPS estimates two times and topped consensus revenue estimates just once [2] Stock Outlook - Vestis shares have declined approximately 41.7% since the beginning of the year, contrasting with the S&P 500's decline of -3.9% [3] - The current consensus EPS estimate for the coming quarter is $0.19 on revenues of $709.93 million, and for the current fiscal year, it is $0.70 on revenues of $2.81 billion [7] Industry Context - The Uniform and Related industry, to which Vestis belongs, is currently in the top 9% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% of industries [8]