VESTIS INVESTIGATION ALERT: Bragar Eagel & Squire, P.C. Continues Investigation into Vestis Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm

Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Vestis Corporation (NYSE:VSTS) on behalf of long-term stockholders due to a class action complaint alleging breaches of fiduciary duties by the board of directors [1][6]. Company Overview - Vestis Corporation is facing scrutiny following a class action complaint filed on August 8, 2025, with a class period from May 2, 2024, to May 6, 2025 [1]. - The complaint alleges that the defendants made overwhelmingly positive statements while concealing material adverse facts about Vestis' business growth capabilities [6]. Financial Performance - On May 7, 2025, Vestis announced disappointing financial results for Q2 of fiscal 2025, withdrawing its revenue and growth guidance for the full fiscal year [6]. - The company reported that its poor performance was due to "lost business in excess of new business" and "lower adds over stops," indicating challenges in customer retention and revenue growth [6]. - Following the announcement, Vestis' stock price plummeted from $8.71 per share on May 6, 2025, to $5.44 per share on May 7, 2025, marking a decline of approximately 37.54% in one day [6].