UniFirst (UNF) Surpasses Q3 Earnings Estimates

Company Performance - UniFirst reported quarterly earnings of $2.17 per share, exceeding the Zacks Consensus Estimate of $2.12 per share, but down from $2.19 per share a year ago, representing an earnings surprise of +2.36% [1] - The company posted revenues of $610.78 million for the quarter ended May 2025, missing the Zacks Consensus Estimate by 0.36%, compared to $603.33 million in the same quarter last year [2] - Over the last four quarters, UniFirst has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [2] Stock Performance - UniFirst shares have increased approximately 11.3% since the beginning of the year, outperforming the S&P 500's gain of 5.4% [3] - The current consensus EPS estimate for the upcoming quarter is $2.02 on revenues of $605 million, and for the current fiscal year, it is $7.94 on revenues of $2.43 billion [7] Industry Outlook - The Zacks Industry Rank indicates that the Uniform and Related industry is currently in the bottom 5% of over 250 Zacks industries, which may negatively impact stock performance [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that investors should monitor these revisions closely [5]