UniFirst Today UNF UniFirst $171.50 -4.54 (-2.58%) 52-Week Range $149.58 ▼ $187.22 Dividend Yield 0.77% P/E Ratio 25.04 Price Target $186.00 Add to Watchlist UniFirst NYSE: UNF is a quality business with savvy management working hard to improve shareholder value. The efforts include upgrading technology to the latest in enterprise resource planning (ERP) and customer relationship management (CRM) software, helping drive margin. While headwinds persist, they are diminishing and have the company set up to lev ...

UniFirst Corporation (UNF) reported third-quarter fiscal 2024 (ended May 25, 2024) adjusted earnings of $2.19 per share, which surpassed the Zacks Consensus Estimate of $1.88. The bottom line increased 69.8% year over year. On a reported basis, the company's earnings were $2.03 per share, up 57.4% year over year. Notably, it incurred costs of 16 cents per share, associated with the acquisition of Clean Uniform and the implementation of its customer relationship management computer system and enterprise reso ...

UniFirst Corporation (NYSE:UNF) Q3 2024 Earnings Call Transcript June 26, 2024 9:00 AM ET Company Participants Steven Sintros - President and CEO Shane O'Connor - EVP and CFO Conference Call Participants Ronan Kennedy - Barclays Andrew Wittmann - Baird Kartik Mehta - Northcoast Research Luke McFadden - William Blair Andrew Steinerman - JPMorgan Josh Chan - UBS Operator Good day, and thank you for standing by. Welcome to the Third Quarter 2024 UniFirst Earnings Conference Call. At this time, all participants ...

UniFirst (UNF) reported $603.33 million in revenue for the quarter ended May 2024, representing a year-overyear increase of 4.6%. EPS of $2.19 for the same period compares to $1.29 a year ago. The reported revenue represents a surprise of +0.39% over the Zacks Consensus Estimate of $600.97 million. With the consensus EPS estimate being $1.88, the EPS surprise was +16.49%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

UniFirst (UNF) came out with quarterly earnings of $2.19 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.29 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 16.49%. A quarter ago, it was expected that this uniform provider would post earnings of $1.41 per share when it actually produced earnings of $1.22, delivering a surprise of -13.48%. Over the last four quarters, the compa ...

Core Laundry Operations Specialty Garments Financial Outlook UniFirst Corporation will hold a conference call today at 9:00 a.m. (ET) to discuss its quarterly financial results, business highlights and outlook. A simultaneous live webcast of the call will be available over the Internet and can be accessed at www.unifirst.com. This public announcement contains forward-looking statements within the meaning of the federal securities laws that reflect the Company's current views with respect to future events an ...

Q3 2024 Financial Highlights The Company's financial results for the third quarter of fiscal 2024 and 2023 included approximately $3.9 million and $8.4 million, respectively, of costs directly attributable to its customer relationship management ("CRM") computer system and enterprise resource planning ("ERP") project. The Company refers to the CRM and ERP projects together as its ("Key Initiatives"). In addition, the Company incurred costs related to the acquisition of Clean Uniform during the third quarter ...

Consolidated revenues for the third quarter increased 4.6% to $603.3 million. Operating income was $48.5 million, an increase of 45.1%. The quarterly tax rate decreased to 22.9% compared to 27.2% in the prior year. Net income increased to $38.1 million from $24.3 million in the prior year, or 56.8%. Diluted earnings per share increased to $2.03 from $1.29 in the prior year, or 57.4%. EBITDA increased to $82.5 million compared to $64.0 million in the prior year, or 29.0%. Cash flow from operating activities ...

Wall Street analysts forecast that UniFirst (UNF) will report quarterly earnings of $1.88 per share in its upcoming release, pointing to a year-over-year increase of 45.7%. It is anticipated that revenues will amount to $600.97 million, exhibiting an increase of 4.2% compared to the year-ago quarter. Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period. Ahead ...

WILMINGTON, Mass., June 04, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE:UNF) will report its Fiscal 2024 third quarter results on June 26, 2024 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on June 26, 2024 to discuss its quarterly financial results, business highlights and outlook. In addition, the Company may answer one or more questions concerning business and financial developments and trends, the Company's view on earnings forecasts and other bu ...