Group 1 - A class action lawsuit has been filed against Vestis Corporation for potential securities fraud and unlawful business practices [2][4] - Investors who purchased Vestis securities during the Class Period have until August 8, 2025, to request to be appointed as Lead Plaintiff [2] - Vestis announced disappointing financial results for Q2 2025, withdrawing its revenue guidance for the full fiscal year and providing lower-than-expected guidance for Q3 2025 [4] Group 2 - The company's stock price dropped by $3.27, or 37.54%, closing at $5.44 per share following the announcement of poor financial results [4] - Vestis attributed its poor performance to losing more business than it gained, primarily due to volume changes with existing customers [4] - The company cited an "increasingly uncertain macro environment" as a reason for its decision to withdraw guidance [4]
INVESTOR ALERT: Pomerantz Law Firm Reminds Investors with Losses on their Investment in Vestis Corporation of Class Action Lawsuit and Upcoming Deadlines - VSTS