Why UniFirst Stock Tumbled by 3% Today

Investment activity dampened the company's profitability in its first quarter.Workplace uniform and protective equipment specialist UniFirst's (UNF 3.03%) stock was hardly the first choice of investors on Wednesday. Following the company's publication of its latest set of quarterly results that morning, many of those folks assertively sold off their shares, resulting in a 3% decline across the trading session.Revenue up, profit downFor its first quarter of fiscal 2026, UniFirst earned just over $621 million ...