Company Overview - UniFirst Corporation is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, and first aid and safety supplies and services [3] - The company manages specialized garment programs for the cleanroom and nuclear industries and manufactures its own branded workwear and protective clothing at five ISO-9001-certified manufacturing facilities [3] - UniFirst operates more than 270 service locations and serves over 300,000 customer locations, outfitting more than 2 million workers daily with a workforce of over 16,000 employees [3] Upcoming Financial Reporting - UniFirst Corporation will report its Fiscal 2025 third quarter results on July 2, 2025, before the market opens [1] - A conference call will be held at 9:00 a.m. Eastern Time on the same day to discuss quarterly financial results, business highlights, and outlook [1] - The company may address questions regarding business and financial developments, earnings forecasts, and other relevant matters, potentially including undisclosed information [1]

Core Insights - UniFirst Corporation has achieved significant safety milestones at its Owensboro Distribution and Fulfillment Center, receiving the OSHA VPP Star certification and the Governor's Safety and Health Award [1][3][4] Safety Achievements - The VPP Star certification is OSHA's highest recognition for workplace safety, awarded to organizations with exceptional safety practices [3] - The Governor's Safety and Health Award is given to workplaces that have exceeded 1,000,000 hours without a lost time incident, highlighting a strong safety culture [3][4] - This marks the fourth time UniFirst has received the Governor's Safety and Health Award, with previous recognitions in 2010, 2020, and 2022 [4] Commitment to Safety - The safety achievements are attributed to the efforts of the dedicated Team Partners at UniFirst, emphasizing teamwork and a strong safety culture [5][6] - The VPP certification process includes thorough evaluations and on-site audits by Kentucky OSHA experts, along with employee surveys to ensure a safety-first culture [5] - The facility has implemented ongoing bi-weekly plant audits and quarterly evaluations across 25 operational areas to maintain high safety standards [6] Expansion and Investment - UniFirst is also undertaking a 109,000-square-foot expansion project at the Owensboro Distribution Center, increasing its total footprint to nearly half a million square feet [7] - This expansion has received recognition and support from the Governor, reflecting the company's commitment to investing in its operations and workforce [7]

Core Insights - UniFirst Corporation will participate in the Baird 2025 Global Consumer, Technology & Services Conference on June 4, 2025, with a presentation scheduled for 9:40am Eastern Time [1] - The presentation will cover business highlights and recent trends affecting UniFirst [1] Company Overview - UniFirst Corporation is a North American leader in uniform and workwear supply and servicing, as well as facility service products and first aid supplies [2] - The company operates five ISO-9001-certified manufacturing facilities and manages specialized garment programs for cleanroom and nuclear industries [2] - UniFirst has over 270 service locations, serves more than 300,000 customer locations, and employs over 16,000 Team Partners, outfitting over 2 million workers daily [2]

Company Overview - UniFirst is part of the Industrial Products group, which consists of 190 companies and is currently ranked 7 in the Zacks Sector Rank [2] - The company has a Zacks Rank of 2 (Buy), indicating a favorable outlook based on earnings estimates and revisions [3] Performance Analysis - Over the past three months, the Zacks Consensus Estimate for UniFirst's full-year earnings has increased by 4.1%, reflecting improved analyst sentiment [4] - Year-to-date, UniFirst has achieved a return of approximately 7.3%, while the average return for the Industrial Products group has declined by about 5.5%, indicating that UniFirst is outperforming its sector [4] Industry Context - UniFirst belongs to the Uniform and Related industry, which includes only 2 stocks and is currently ranked 20 in the Zacks Industry Rank [6] - Stocks in the Uniform and Related industry have experienced an average loss of 18.4% year-to-date, further highlighting UniFirst's superior performance within this group [6] Comparative Analysis - Wartsila (WRTBY) is another stock in the Industrial Products sector that has outperformed, with a year-to-date return of 9.8% and a Zacks Rank of 2 (Buy) [5] - Wartsila is part of the Manufacturing - Electronics industry, which has a lower ranking (87) and has seen a year-to-date decline of 9.6% [6]

Financial Performance - Cintas Corporation is set to release its third-quarter financial results on March 26, with expected earnings of $1.06 per share, an increase from $0.96 per share in the same period last year [1] - The company projects quarterly revenue of $2.6 billion, up from $2.41 billion a year earlier [1] Acquisition Proposal - Cintas has ended discussions regarding its proposal to acquire UniFirst for $275 per share in cash [2] - Following the announcement, Cintas shares fell by 0.6%, closing at $193.46 [2] Analyst Ratings - Citigroup analyst Leo Carrington reinstated a Sell rating with a price target of $161 [4] - RBC Capital analyst Ashish Sabadra reiterated a Sector Perform rating with a price target of $215 [4] - Baird analyst Andrew Wittmann maintained a Neutral rating and reduced the price target from $209 to $200 [4] - Morgan Stanley analyst Toni Kaplan maintained an Equal-Weight rating and raised the price target from $185 to $202 [4] - Barclays analyst Manav Patnaik maintained an Overweight rating and increased the price target from $210 to $245 [4]

Company Performance - SoundThinking (SSTI) has returned 20.4% year-to-date, significantly outperforming the average loss of about 3% in the Industrial Products sector [4] - The Zacks Consensus Estimate for SSTI's full-year earnings has increased by 4.7% over the past three months, indicating improving analyst sentiment [3] - SoundThinking belongs to the Security and Safety Services industry, which has seen a loss of about 3.1% this year, further highlighting SSTI's strong performance relative to its peers [5] Industry Context - The Industrial Products sector, which includes 200 individual stocks, is currently ranked 13 in the Zacks Sector Rank [2] - The Security and Safety Services industry, where SoundThinking operates, is ranked 70 in the Zacks Industry Rank [5] - Another outperforming stock in the Industrial Products sector is UniFirst (UNF), which has returned 23.1% year-to-date and has a Zacks Rank of 2 (Buy) [4][5]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended May 29, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-08504 UNIFIRST CORPORATION (Exact name of Registrant as Specified in Its Charter) Massachusetts 04-2103460 (State or Other Jurisdiction of I ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 28, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-08504 (Exact name of Registrant as Specified in Its Charter) Massachusetts 04-2103460 (State or Other Jurisdiction of Incorporation or ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the Fiscal Year Ended August 29, 2020 ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Commission file number 001-08504 UNIFIRST CORPORATION (Exact Name of Registrant as Specified in Its Charter) (State or Other Jurisdiction of Incorporation or Organization) Massachusetts 04-2103460 (I ...

Company Overview - UniFirst manufactured approximately 67% of the garments placed in service during fiscal 2019, primarily work pants and shirts[13] - The company serves over 300,000 customer locations across the United States, Canada, and Europe from over 260 facilities[17] - Approximately 14,000 employees were employed as of August 31, 2019, with about 1% represented by a union[24] - The company has approximately 270 facilities totaling about 7.7 million square feet across the United States, Canada, Mexico, Europe, and Nicaragua, with 132 owned facilities covering approximately 5.8 million square feet[80] Financial Performance - Total revenues for fiscal 2019 were $1,809,376, an increase of 6.6% from $1,696,489 in fiscal 2018[1] - Net income for fiscal 2019 was $179,134, representing a 9.1% increase compared to $163,895 in fiscal 2018[1] - Basic income per share for Common Stock increased to $9.77 in fiscal 2019 from $8.66 in fiscal 2018, reflecting a growth of 12.8%[1] - Operating income for fiscal 2019 was $232,008, a 27.2% increase compared to $182,376 in fiscal 2018[133] - The cost of revenue for fiscal 2019 was $1,139,195, accounting for 63.0% of total revenues, up from 62.3% in fiscal 2018[133] - Income from operations rose by 27.2% to $232,008, representing 12.8% of total revenues[157] - Selling and administrative expenses decreased by 7.2% to $334,840, accounting for 18.5% of revenues[155] Market Competition - The uniform rental and sales industry is highly competitive, with principal competitors including Cintas Corporation and Aramark Corporation[22] - The company faces intense competition in the uniform rental and sales industry, primarily from Cintas Corporation and Aramark Corporation, which may lead to price reductions and reduced gross margins[37] Environmental and Regulatory Matters - The company is subject to various environmental regulations and has taken measures to address potential liabilities related to hazardous materials[32] - The company has accrued costs related to environmental remediation, with potential exposure at the Woburn, Massachusetts site, although specific amounts are not disclosed[42] - The company is addressing environmental conditions at multiple sites, including Woburn, Massachusetts, and has reserved costs for ongoing compliance and remediation efforts[41] - The company has accrued $27.7 million in costs related to environmental obligations as of August 31, 2019[197] - The company incurred costs of $1.079 million related to environmental liabilities during the fiscal year ended August 31, 2019[188] - The company is subject to legal proceedings and claims, including environmental matters, which may affect future financial positions[192] Labor and Cost Challenges - Rising healthcare costs have negatively impacted operating results, with expectations that these costs will continue to increase at rates exceeding inflation[51] - Federal, state, and municipal governments are mandating increases to minimum wage and employee benefits, which will increase labor costs and adversely affect operating margins[52] - The company expects labor costs to rise in fiscal 2020 due to increases in state and local minimum wage levels[138] Growth and Acquisitions - The company intends to actively pursue additional acquisition opportunities, but competition for suitable candidates may increase acquisition costs and limit favorable terms[47] - The company anticipates that managing growth through acquisitions will require substantial enhancements to operational and financial systems[48] Customer Relations and Retention - The company relies heavily on customer retention and contract renewals, with potential adverse effects on operations if significant contracts are not renewed[53] - The company initiated a multi-year CRM project in fiscal 2018 to improve customer service and operational efficiency[62] Stock and Shareholder Information - The company’s Common Stock trades on the New York Stock Exchange under the symbol "UNF," with 46 record shareholders as of October 25, 2019[85] - The company repurchased 197,150 shares in the year ended August 31, 2019, at an average price of $154.78 per share, with a remaining authorization of $69,484,398 for future repurchases[87] - As of October 17, 2019, the Croatti family owned approximately 184,959 shares of Common Stock and 3,643,009 shares of Class B Common Stock, representing about 20.2% of total shares but 70.8% of voting power[74] Tax Matters - The Tax Cuts and Jobs Act reduced the corporate income tax rate from 35% to 21%, impacting the company's overall tax obligations[76] - The effective tax rate for fiscal 2019 was impacted by varying state and local income taxes, tax rates in foreign jurisdictions, and certain nondeductible expenses[129] Operational Risks - The company faces risks from unexpected events such as natural disasters and public health emergencies that could disrupt operations[71] - Changes in governmental regulations may affect contract terms and could lead to reduced sales or profits[72] - Increases in fuel and energy costs are unpredictable and could negatively impact operating costs[54] - A prolonged drop in energy prices has historically affected financial results, particularly in energy-dependent regions[56] Financial Position and Assets - The company has no long-term debt, with total assets increasing to $2,047,320 in fiscal 2019 from $1,843,386 in fiscal 2018[1] - As of August 31, 2019, the company had $385.3 million in cash, cash equivalents, and short-term investments, an increase of $114.8 million from the previous year[169] - The company is in compliance with all covenants under its $250.0 million unsecured revolving credit agreement as of August 31, 2019[178] Revenue Segments - Approximately 89% of revenues in fiscal 2019 were derived from U.S. and Canadian Rental and Cleaning and Corporate segments[11] - Core Laundry Operations revenue increased by 6.1% to $1,616,205, driven by 3.8% organic growth, 2.0% from an extra week, and 0.3% from acquisitions[148] - Specialty Garments revenue grew by 12.1% to $132,767, with 7.4% from acquisitions and 2.7% from organic growth[149] - First Aid revenue increased by 11.1% to $60,404, with 7.8% from organic growth[150]