UniFirst(UNF)

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The all-new UniFirst No. 9 Chevrolet to make 2025 NASCAR Cup Series season debut at Homestead-Miami
Prnewswire· 2025-03-18 14:00
Core Points - UniFirst Corporation is launching the new UniFirst No. 9 Chevrolet Camaro for the 2025 NASCAR Cup Series season, marking a significant branding initiative in collaboration with Hendrick Motorsports [1][2] - The car features a refreshed design that embodies UniFirst's brand identity, showcasing its signature green color along with vibrant green and gray tones [2][3] - The debut race for the UniFirst No. 9 Chevrolet will take place at Homestead-Miami Speedway on March 23, 2025, with a total of five scheduled appearances throughout the season [1][3][6] Company Overview - UniFirst Corporation, headquartered in Wilmington, Massachusetts, is a leader in North America for uniform and workwear programs, facility service products, and first aid and safety services [5] - The company operates over 270 service locations and serves more than 300,000 customer locations, outfitting over 2 million workers daily [5] - UniFirst manufactures its own branded workwear and protective clothing at three ISO-9001-certified manufacturing facilities [5] Partnership with Hendrick Motorsports - The 2025 NASCAR season marks the 10th year of UniFirst's partnership with Hendrick Motorsports and the sixth year sponsoring driver Chase Elliott [4] - UniFirst is the Official Workwear Provider for Hendrick Motorsports, supplying uniforms and work clothing to the team and its associated companies [4] - Hendrick Motorsports is recognized as the winningest team in NASCAR Cup Series history, holding numerous records including 14 championships and 313 race victories [7]
UniFirst Corporation Plans to Announce Second Quarter Results on April 2, 2025
Newsfilter· 2025-03-05 20:33
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, serves over 300,000 customer locations, and employs over 16,000 Team Partners, outfitting more than 2 million workers daily [3] Upcoming Financial Reporting - UniFirst Corporation will report its Fiscal 2025 second quarter results on April 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, including earnings forecasts and other relevant matters, with some responses potentially containing previously undisclosed information [1]
UniFirst Corporation Plans to Announce Second Quarter Results on April 2, 2025
GlobeNewswire· 2025-03-05 20:33
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 Results - UniFirst Corporation will report its Fiscal 2025 second quarter results on April 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, including earnings forecasts and other relevant matters, which may include previously undisclosed information [1]
Should Value Investors Buy Unifirst (UNF) Stock?
ZACKS· 2025-02-20 15:40
Core Viewpoint - The article emphasizes the importance of value investing and highlights Unifirst (UNF) as a strong value stock based on its Zacks Rank and valuation metrics [1][3][6] Value Investing - Value investing is a popular strategy for identifying undervalued stocks that have the potential for profit [2] - Zacks has developed a Style Scores system to categorize stocks, with a focus on the "Value" category for value investors [3] Unifirst (UNF) Overview - Unifirst (UNF) has a Zacks Rank of 2 (Buy) and an A grade in the Value category, indicating it is among the strongest value stocks currently available [3] - UNF's price-to-book (P/B) ratio is 1.84, which is attractive compared to the industry average of 4.23 [4] - Over the past year, UNF's P/B ratio has fluctuated between 1.36 and 2.01, with a median of 1.63 [4] Cash Flow Metrics - UNF has a price-to-cash flow (P/CF) ratio of 13.64, which is significantly lower than the industry average of 24.59 [5] - The P/CF ratio for UNF has ranged from 10.67 to 14.90 over the past year, with a median of 12.57 [5] Conclusion on Valuation - The combination of UNF's strong valuation metrics and positive earnings outlook suggests that the stock is likely undervalued at present [6]
Is Sandvik (SDVKY) Outperforming Other Industrial Products Stocks This Year?
ZACKS· 2025-02-14 15:41
Group 1 - Sandvik AB (SDVKY) is a notable stock in the Industrial Products group, currently outperforming its peers with a year-to-date return of approximately 24.4% compared to the sector's average gain of 1.3% [4] - The Zacks Rank for Sandvik AB is 2 (Buy), indicating a positive outlook based on earnings estimates and revisions [3] - The consensus estimate for Sandvik AB's full-year earnings has increased by 66.5% in the past quarter, reflecting improved analyst sentiment [4] Group 2 - Sandvik AB is part of the Manufacturing - Tools & Related Products industry, which has an average gain of 8.7% this year, further highlighting Sandvik's strong performance [6] - Another stock in the Industrial Products sector, UniFirst (UNF), has also shown strong performance with a year-to-date return of 26.4% and a Zacks Rank of 2 (Buy) [5] - The Uniform and Related industry, where UniFirst belongs, has gained 12.3% this year, indicating a competitive environment within the sector [6]
Are Investors Undervaluing Unifirst (UNF) Right Now?
ZACKS· 2025-02-03 15:46
Core Insights - The article emphasizes the importance of value investing as a successful strategy across various market conditions, focusing on identifying undervalued companies through fundamental analysis [2][3]. Company Analysis: Unifirst (UNF) - Unifirst (UNF) is currently rated with a Zacks Rank of 2 (Buy) and has received an A grade for Value, indicating strong interest from investors [3]. - UNF's price-to-book (P/B) ratio stands at 1.88, which is significantly lower than the industry average of 4.32, suggesting that the stock may be undervalued [4]. - Over the past year, UNF's P/B ratio has fluctuated between a high of 2.01 and a low of 1.36, with a median of 1.59 [4]. - The price-to-cash flow (P/CF) ratio for UNF is 13.95, which is attractive compared to the industry average of 25.10, further indicating potential undervaluation [5]. - UNF's P/CF ratio has ranged from a high of 14.90 to a low of 10.67 over the past year, with a median of 12.57 [5]. - Overall, the combination of these metrics suggests that UNF is likely undervalued and presents an impressive value opportunity based on its earnings outlook [6].
UniFirst expands Owensboro Distribution and Fulfillment Center with innovations to elevate customer service and operational excellence
Prnewswire· 2025-01-30 11:45
Core Insights - UniFirst Corporation is investing $28 million in the expansion of its Owensboro, Kentucky Distribution and Fulfillment Center, which includes a 110,000-square-foot addition and advanced robotics technology to enhance operational capacity and support growth [1][2][3]. Company Overview - UniFirst Corporation is a North American leader in providing customized business uniform programs, facility service products, and first aid and safety services, serving over two million workers daily at more than 300,000 customer locations [4][6]. - The company operates over 270 service facilities across North America and has been in business since 1936, catering to various industries including automotive, healthcare, and retail [4][6]. Expansion Details - The Owensboro facility, which has been operational since 1998, currently ships over 20 million garments annually, and the upgrades aim to optimize operations, enhance order accuracy, and provide more customized solutions [3][4]. - The expansion is expected to improve efficiency and precision in meeting customer needs, positioning the company for continued growth [4].
Are You Looking for a Top Momentum Pick? Why UniFirst (UNF) is a Great Choice
ZACKS· 2025-01-22 18:00
Company Overview - UniFirst (UNF) currently holds a Momentum Style Score of B, indicating potential for strong performance based on recent price trends and earnings estimate revisions [3][12] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the market in the near term [4][12] Price Performance - Over the past week, UniFirst shares have increased by 0.8%, while the Zacks Uniform and Related industry has risen by 1.15% [6] - In a longer time frame, UniFirst's monthly price change is 27.89%, significantly outperforming the industry's 15.46% [6] - Over the past quarter, shares of UniFirst have increased by 22.39%, and over the last year, they have gained 33.89%, compared to the S&P 500's increases of 3.62% and 26.55%, respectively [7] Trading Volume - The average 20-day trading volume for UniFirst is 180,463 shares, which serves as a useful baseline for assessing price movements [8] Earnings Outlook - In the past two months, one earnings estimate for UniFirst has been revised upward, while none have been revised downward, leading to an increase in the consensus estimate from $7.68 to $7.71 [10] - For the next fiscal year, one estimate has also moved upwards with no downward revisions during the same period [10]
UniFirst Releases Its 2024 ESG Report highlighting commitment to sustainability and responsible business practices
Prnewswire· 2025-01-22 11:45
Core Insights - UniFirst Corporation has published its FY 2024 Environmental, Social, and Governance (ESG) Report, highlighting its commitment to sustainability and responsible governance [1][3]. Environmental Initiatives - The report details UniFirst's progress in energy management, waste reduction, and recycling initiatives aimed at improving operational efficiency [4]. - The company emphasizes sustainable operations across its 290+ facilities globally [2]. Social Responsibility - UniFirst is dedicated to enhancing workplace safety measures and expanding representation within management, fostering a supportive and inclusive workplace culture [4]. - The company prioritizes social connections and community support, reinforcing its mission to serve employees and customers [3][4]. Governance Commitment - The ESG strategy is built on a foundation of collaboration with Team Partners and customers to identify key priorities, aiming to create lasting value for stakeholders [4]. - The report serves as a framework for continued evolution in governance practices [3]. Company Overview - UniFirst is a leader in providing customized business uniform programs, facility service products, and first aid and safety services, with over 16,000 employee Team Partners and more than 2 million workers outfitted daily [6].
Is Unifirst (UNF) Stock Undervalued Right Now?
ZACKS· 2025-01-16 15:45
Core Viewpoint - The article emphasizes the importance of value investing and highlights Unifirst (UNF) as a strong value stock based on its Zacks Rank and valuation metrics [3][6]. Valuation Metrics - Unifirst (UNF) has a Price-to-Book (P/B) ratio of 1.96, which is significantly lower than the industry average of 4.68, indicating that the stock may be undervalued [4]. - The P/B ratio for UNF has fluctuated between a high of 1.97 and a low of 1.36 over the past 52 weeks, with a median of 1.57 [4]. - UNF's Price-to-Cash Flow (P/CF) ratio stands at 14.54, which is attractive compared to the industry average of 27.18, suggesting a favorable cash outlook [5]. - The P/CF ratio for UNF has ranged from a high of 14.64 to a low of 10.67 in the past year, with a median of 12.57 [5]. Earnings Outlook - The strong earnings outlook for Unifirst, combined with its favorable valuation metrics, positions it as an impressive value stock in the current market [6].