Vestis (US:VSTS) Benzinga·2025-12-01 21:42Core Viewpoint - Vestis Corp. reported mixed fourth-quarter earnings, leading to a decline in stock price, and announced a strategic business transformation plan [1][2]. Financial Performance - Earnings per share were reported at $0.03, missing the analyst estimate of $0.06 [2]. - Quarterly revenue was $712.01 million, surpassing the consensus estimate of $678.3 million [2]. Strategic Initiatives - CEO Jim Barber stated that the company is positioned to advance its strategic priorities as it enters fiscal 2026 [3]. - A comprehensive business transformation plan has been launched, focusing on three strategic pillars: Commercial Excellence, Operational Excellence, and Asset & Network Optimization [4]. Future Outlook - Vestis projects fiscal 2026 revenue in the range of $2.68 billion to $2.73 billion, compared to the analyst estimate of $2.71 billion [5]. - Following the earnings report, Vestis stock decreased by 2.08% to $6.72 in extended trading [5].