Earnings and Financial Performance - UniFirst Corporation will release its first-quarter financial results on January 7, 2025, before the market opens [1] - Analysts expect the company to report quarterly earnings of $2.22 per share, down from $2.37 per share in the same period last year [4] - The company projects quarterly revenue of $606.95 million, compared to $593.52 million a year earlier [4] Stock Performance and Analyst Ratings - UniFirst shares fell 0.4% to close at $176.61 on Thursday [2] - Baird analyst Andrew Wittmann maintained a Neutral rating and raised the price target from $199 to $200 on October 24, with an accuracy rate of 79% [3] - UBS analyst Joshua Chan maintained a Neutral rating and increased the price target from $186 to $190 on June 27, with an accuracy rate of 62% [3] - JP Morgan analyst Andrew Steinerman maintained an Underweight rating and increased the price target from $170 to $175 on June 27, with an accuracy rate of 77% [3] - Barclays analyst Manav Patnaik maintained an Equal-Weight rating and raised the price target from $160 to $180 on February 29, with an accuracy rate of 76% [3] Dividend and Shareholder Returns - UniFirst raised its quarterly cash dividend from 33 cents to 35 cents per share on October 29 [5]

UniFirst Corporation (the "Company") is one of the leading providers of workplace uniforms and protective clothing in North America. The Company designs, manufactures, personalizes, rents, cleans, delivers, and sells a wide range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, aprons and specialized protective wear, such as flame resistant and high visibility garments. The Company also rents and sells industrial wiping products, floor mats, facility servi ...

WILMINGTON, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Wilmington, MA (October 29, 2024) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared increased quarterly cash dividends of $0.350 per share (35.0 cents) on the Company's Common Stock and $0.280 per share (28.0 cents) on the Company's Class B Common Stock. Both dividends are payable on January 3, 2025 to shareholders of record on December 6, 2024. Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North Ameri ...

I recommended a buy rating for UniFirst Corp. (NYSE: UNF ) when I wrote about it in July, as I believed it could continue to expand margin and that valuation should rerate upwards if UNF meetsI consider an investment ideal if it performs its core business in a sector projected to experience structural (organic) growth in excess of GDP growth over the next 5-10 years; profits from sustainable competitive advantages that translate into attractive unit economics; In the hands of competent, ethical, and long-te ...

UniFirst Corporation (NYSE:UNF) Q4 2024 Earnings Conference Call October 23, 2024 9:00 AM ET Company Participants Steven Sintros - President & Chief Executive Officer Shane O'Connor - Executive Vice President & Chief Financial Officer Conference Call Participants Ronan Kennedy - Barclays Kartik Mehta - Northcoast Research Luke McFadden - William Blair Josh Chan - UBS Andrew Steinerman - JPMorgan Andrew Wittmann - Baird Operator Good day, and thank you for standing by. Welcome to the Fourth Quarter 2024 UniF ...

For the quarter ended August 2024, UniFirst (UNF) reported revenue of $639.87 million, up 11.9% over the same period last year. EPS came in at $2.46, compared to $1.75 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $633.79 million, representing a surprise of +0.96%. The company delivered an EPS surprise of +20.00%, with the consensus EPS estimate being $2.05.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

UniFirst (UNF) came out with quarterly earnings of $2.46 per share, beating the Zacks Consensus Estimate of $2.05 per share. This compares to earnings of $1.75 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 20%. A quarter ago, it was expected that this uniform provider would post earnings of $1.88 per share when it actually produced earnings of $2.19, delivering a surprise of 16.49%.Over the last four quarters, the company ha ...

Exhibit 99 Investor Relations Contact Shane O'Connor, Executive Vice President & CFO UniFirst Corporation 978-658-8888 shane_oconnor@unifirst.com UNIFIRST ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL FISCAL YEAR OF FISCAL 2024 Wilmington, MA – October 23, 2024 – UniFirst Corporation (NYSE: UNF) (the "Company," "UniFirst" or "we") today reported results for its fourth quarter and full year ended August 31, 2024, as compared to the corresponding periods in the prior fiscal year. The fourth quar ...

WILMINGTON, Mass., Oct. 23, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its fourth quarter and full year ended August 31, 2024, as compared to the corresponding periods in the prior fiscal year. The fourth quarter as well as the full year included an extra week compared to the prior year. Q4 2024 Financial Highlights Consolidated revenues for the fourth quarter increased 11.9% to $639.9 million.The extra week accounted for revenue ...

WILMINGTON, Mass., Oct. 04, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) ("UniFirst" or the "Company"), a North American leader in the supply and servicing of uniform and workwear programs, facility service products, and first aid and safety supplies, today issued the following statement related to recent industry activity: UniFirst is regularly in contact with other companies in the industry related to various business matters. Following recent market rumors related to Elis SA ("Elis") and its ...