Core Viewpoint - UniFirst Corporation is restructuring its reporting organization, transitioning from five segments to three reportable segments to better reflect current business management and performance assessment [1][2][3] Summary of Reporting Changes - The previous five segments included U.S. and Canadian Rental and Cleaning, Manufacturing, Corporate, First Aid, and Specialty Garments Rental and Cleaning. The new structure consolidates these into three segments: Uniform & Facility Service Solutions, First Aid & Safety Solutions, and Other [2][3][6] - The Uniform & Facility Service Solutions segment combines the former U.S. and Canadian Rental and Cleaning, Manufacturing, and Corporate segments, now also including cleanroom solutions [3][6] - The First Aid segment has been renamed to First Aid & Safety Solutions, reflecting a broader scope of services and products [4][6] - The Other segment now consists of nuclear solutions, previously part of Specialty Garments, focusing on specialty garments and non-garment items for nuclear applications [5][6] Financial Performance Metrics - Key performance measures for the segments will continue to be revenues and operating income, with adjusted EBITDA provided for additional insights [7] - Historical financial data for the new segments has been recast to assist investors in understanding the impact of these changes, covering seven quarters of metrics from fiscal 2024 to fiscal 2025 [8][9] Company Overview - UniFirst Corporation is a leader in North America for uniform and workwear programs, facility service products, and first aid and safety supplies, managing specialized garment programs for cleanroom and nuclear industries [10] - The company operates over 270 service locations and serves more than 300,000 customer locations, employing over 16,000 team members [10]

Core Insights - Lakeland Industries, Inc. specializes in manufacturing and selling protective clothing for industrial and public safety markets, with significant sales in the U.S. and Europe [1] - The company reported earnings per share of $0.08, surpassing the estimated loss of $0.04, despite revenue of approximately $52.5 million being below the estimated $59.6 million [2][4] - A notable 36% increase in net sales was driven by a 113% rise in fire services product sales, which now account for 49% of total revenue [2][4] - U.S. net sales surged by 78% to $22.1 million, while European sales rose by 113% to $15.1 million [2] - The company's gross margin improved by 240 basis points to 35.9%, supported by lower operating expenses [3][4] - Lakeland reported a positive net income of $0.8 million and an adjusted EBITDA of $5.1 million, excluding foreign exchange impacts [3] - The company updated its fiscal year 2026 revenue and adjusted EBITDA guidance due to global tariff uncertainties [3] - The price-to-sales ratio is 0.77, indicating the stock is valued at less than one times its sales [3] - Lakeland maintains a low debt-to-equity ratio of 0.28 and a strong current ratio of 3.88, reflecting good short-term financial health [3]