UNF

UniFirst (UNF) reported fiscal Q3 net income Wednesday of $1.09 per diluted share, down from $2.13 a

WILMINGTON, Mass., July 01, 2026 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”) today reported results for its fiscal 2026 third quarter ended May 30, 2026. Third Quarter 2026 Consolidated Results Consolidated revenues increased 3.9% to $634.4 million compared to $610.8 million in the third quarter of fiscal 2025, driven by organic growth in the core Uniform & Facility Service Solutions segment. Operating income and Adjusted EBITDA were $23.0 million and $82.6 million, respectively, compared to $48.2 million and $85.8 million, respectively, in the third quarter of fiscal 2025. Operating margin was 3.6% compared to 7.9% in the prior year period. Net income was $19.9 million compared to $39.7 million in the prior year period and diluted earnings per share was $1.09 compared to $2.13 in the prior year period. Adjusted EBITDA margin was 13.0% compared to 14.1% in the prior year period. The quarterly tax rate was 18.5% compared to 25.7% in the prior year period. The Company’s results for the third quarter of fiscal 2026 included approximately $20.7 million of costs associated with the proposed merger with Cintas Corporation (“Cintas”), consisting primarily of legal, advisory and other professional service fees (“Transaction-related Costs”). In addition, the Company’s results for the third quarter of fiscal 2026 and 2025 included approximately $5.2 million and $1.0 million, respectively, of costs related to its enterprise resource planning project (“Key Initiative”). In the third quarter of fiscal 2026 and 2025, these costs decreased: Operating income by $26.0 million and $1.0 million, respectively. Adjusted EBITDA by $5.2 million and $1.0 million, respectively. Net income by $19.6 million and $0.7 million, respectively. Diluted earnings per share by $1.08 and $0.04, respectively. Steven Sintros, UniFirst President and Chief Executive Officer, said, “We delivered solid growth and profitability in the third quarter, reflecting the continued strength of our service-driven business and the disciplined execution of our team. Our focus remains on taking great care of our customers and communities, supporting our Team Partners, and winning new business by demonstrating UniFirst’s compelling value proposition.” Mr. Sintros continued, “I am grateful to our thousands of Team Partners for their unwavering dedication to serving our custome...

WILMINGTON, Mass. (AP) — WILMINGTON, Mass. (AP) — UniFirst Corp. (UNF) on Wednesday reported earnings of $19.9 million in its fiscal third quarter. The Wilmington, Massachusetts-based company said it had profit of $1.09 per share. Earnings, adjusted for non-recurring costs, came to $2.17 per share. The uniform provider posted revenue of $634.4 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNF at https://www.zacks.com/ap/UNF

UniFirst (UNF) came out with quarterly earnings of $2.17 per share, beating the Zacks Consensus Estimate of $1.93 per share. This compares to earnings of $2.17 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +12.44%. A quarter ago, it was expected that this uniform provider would post earnings of $1.21 per share when it actually produced earnings of $1.25, delivering a surprise of +3.31%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. UniFirst, which belongs to the Zacks Uniform and Related industry, posted revenues of $634.4 million for the quarter ended May 2026, surpassing the Zacks Consensus Estimate by 1.28%. This compares to year-ago revenues of $610.78 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. UniFirst shares have added about 37.1% since the beginning of the year versus the S&P 500's gain of 9.6%. While UniFirst has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for UniFirst was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks her...

WILMINGTON, Mass., June 18, 2026 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its financial results for the third quarter of fiscal 2026 on July 1, 2026, before the market opens. In light of its pending transaction with Cintas Corporation, UniFirst will not conduct a quarterly conference call or provide an update to guidance. Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE:UNF) is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, as well as first aid and safety supplies and services. Together with its subsidiaries, the Company also manages specialized garment programs for the cleanroom and nuclear industries. In addition to partnering with leading brands, UniFirst manufactures its own branded workwear, protective clothing, and floorcare products at its five company-owned ISO-9001-certified manufacturing facilities. With more than 270 service locations, over 300,000 customer locations, and 16,000-plus employee Team Partners, the Company outfits more than 2 million workers every day. For more information, contact UniFirst at 800-296-2740 or visit UniFirst.com.

UniFirst (UNF) reported fiscal Q2 net income Wednesday of $1.13 per diluted share, down from $1.31 a

UniFirst (UNF) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.4 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +3.31%. A quarter ago, it was expected that this uniform provider would post earnings of $2.05 per share when it actually produced earnings of $1.98, delivering a surprise of -3.41%. Over the last four quarters, the company has surpassed consensus EPS estimates three times. UniFirst, which belongs to the Zacks Uniform and Related industry, posted revenues of $622.51 million for the quarter ended February 2026, surpassing the Zacks Consensus Estimate by 1.26%. This compares to year-ago revenues of $602.22 million. The company has topped consensus revenue estimates three times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. UniFirst shares have added about 30.4% since the beginning of the year versus the S&P 500's decline of 4.6%. While UniFirst has outperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for UniFirst was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) st...

WILMINGTON, Mass., April 01, 2026 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”) today reported results for its fiscal 2026 second quarter ended February 28, 2026. Second Quarter 2026 Consolidated Results Consolidated revenues increased 3.4% to $622.5 million compared to $602.2 million in the second quarter of fiscal 2025, driven by organic growth in the core Uniform & Facility Service Solutions segment. Operating income and Adjusted EBITDA were $26.0 million and $66.8 million, respectively, compared to $31.2 million and $68.9 million, respectively, in the second quarter of fiscal 2025. Operating margin was 4.2% compared to 5.2% in the prior year period, reflecting planned investments in growth and digital transformation initiatives. Net income was $20.5 million compared to $24.5 million in the prior year period and diluted earnings per share was $1.13 compared to $1.31 in the prior year period. Adjusted EBITDA margin was 10.7% compared to 11.4% in the prior year period. The quarterly tax rate was 25.1% compared to 25.0% in the prior year period. Steven Sintros, UniFirst President and Chief Executive Officer, said, “We delivered solid results in the second quarter as we continued to take meaningful actions to invest in growth and deliver operational efficiencies. Our differentiated, service-driven model continues to build loyalty amongst new and existing customers as they recognize our commitment to reliability, accountability and sustained relationships.” Mr. Sintros continued, “Our accomplishments continue to be made possible by our thousands of Team Partners across the business. I’m thankful for their dedication to UniFirst and each other, which helps us win with customers every day.” The Company's results for the second quarter of fiscal 2026 and 2025 included approximately $3.0 million and $1.9 million, respectively, of costs related to its enterprise resource planning project (“Key Initiative”), which is expected to enhance long-term growth, scalability, operating efficiency and profitability. In the second quarter of fiscal 2026 and 2025, these costs decreased: Both operating income and Adjusted EBITDA by $3.0 million and $1.9 million, respectively. Net income by $2.2 million and $1.6 million, respectively. Diluted earnings per share by $0.12 and $0.09, respectively. UniFirst's results for the second quarter of fisc...

WILMINGTON, Mass. (AP) — WILMINGTON, Mass. (AP) — UniFirst Corp. (UNF) on Wednesday reported net income of $20.5 million in its fiscal second quarter. The Wilmington, Massachusetts-based company said it had profit of $1.13 per share. Earnings, adjusted for non-recurring costs, came to $1.25 per share. The uniform provider posted revenue of $622.5 million in the period. _____ This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNF at https://www.zacks.com/ap/UNF

Workplace uniform provider UniFirst (NYSE:UNF) will be announcing earnings results this Wednesday before market hours. Here’s what you need to know. UniFirst beat analysts’ revenue expectations last quarter, reporting revenues of $621.3 million, up 2.7% year on year. It was a slower quarter for the company, with a significant miss of analysts’ EPS estimates and full-year revenue guidance meeting analysts’ expectations. Is UniFirst a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members. This quarter, the market is expecting UniFirst’s revenue to grow 2% year on year, in line with the 1.9% increase it recorded in the same quarter last year. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. UniFirst has missed Wall Street’s revenue estimates multiple times over the last two years. Looking at UniFirst’s peers in the business services & supplies segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Cintas delivered year-on-year revenue growth of 8.9%, beating analysts’ expectations by 0.7%, and MillerKnoll reported revenues up 5.8%, falling short of estimates by 1.6%. Cintas traded down 5.2% following the results while MillerKnoll was also down 22.4%. Read our full analysis of Cintas’s results here and MillerKnoll’s results here. Markets spent late 2025 hand-wringing over AI's threat to software and crypto, only for the US-Iran conflict to seize the narrative in 2026. While some of the business services & supplies stocks have shown solid performance in this choppy environment, the group has generally underperformed, with share prices down 7.8% on average over the last month. UniFirst is up 7.8% during the same time and is heading into earnings with an average analyst price target of $261 (compared to the current share price of $249.43). ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention. AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this...

Cintas Corporation (NASDAQ:CTAS) is included among the Dividend Kings and Aristocrats List: 32 Biggest Stocks. On March 25, Cintas Corporation (NASDAQ:CTAS) reported its fiscal Q3 2026 results, with CEO Todd Schneider pointing to record revenue and healthy operating margins. He said total revenue increased 8.9% to $2.84 billion, with organic growth of 8.2%. The company also reached record gross margins across all three route-based businesses. The company raised its outlook for fiscal 2026. It now expects revenue in the range of $11.21 billion to $11.24 billion, with adjusted diluted EPS between $4.86 and $4.90. Schneider also highlighted the planned acquisition of UniFirst. He said the company remains confident in the deal and the long-term value it could bring to shareholders, employees, and partners. Executive VP and COO James Rozakis said the business is still performing well. Growth is coming from new customer wins and cross-selling to existing clients. He also noted that customer retention is at record levels, while pricing trends have remained consistent with past patterns. Executive VP and CFO Scott Garula said selling and administrative expenses accounted for 27.8% of revenue, up 60 basis points from last year. He explained that, after adjusting for a one-time gain from an asset sale in the prior year, SG&A expenses would have been flat year over year. Cintas Corporation (NASDAQ:CTAS) develops uniform programs using fabric and serves businesses across different sizes and industries. Its operations span the United States, Canada, and Latin America. The company operates through two segments: Uniform Rental and Facility Services, and First Aid and Safety Services. While we acknowledge the potential of CTAS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 15 Dividend Stocks to Buy for Steady Income and 14 Under-the-Radar High Dividend Stocks to Buy Now Disclosure: None. Follow Insider Monkey on Google News.

Never miss an important update on your stock portfolio and cut through the noise. Over 7 million investors trust Simply Wall St to stay informed where it matters for FREE. Cintas (CTAS) steps into the spotlight today as investors watch for its Q3 2026 earnings release and a scheduled M&A call with UniFirst, events that could reshape expectations for the uniform and facility services group. See our latest analysis for Cintas. The recent pullback, including a 10.94% 30 day share price return and a 7.13% 1 year total shareholder return, suggests momentum has cooled ahead of earnings and the UniFirst M&A discussion as investors reassess risk and future expectations. If you are scanning for other ideas while Cintas sets up for its next move, this could be a good moment to uncover 20 top founder-led companies With the shares down over the past month and year, yet still sitting about 22% below the average analyst price target and close to estimated intrinsic value, you face a key question: is there real upside here, or is the market already pricing in future growth? At a last close of $178.13 versus a narrative fair value of about $214.56, the most followed view on Cintas suggests the stock trades below its estimated worth, with that gap hinging on specific growth, margin and valuation assumptions over the next few years. Read the complete narrative. Curious how that capital return story translates into the fair value number, the revenue path, margin profile and future earnings multiple quietly carry most of the weight. Result: Fair Value of $214.56 (UNDERVALUED) Have a read of the narrative in full and understand what's behind the forecasts. However, still keep in mind that a prolonged shift to remote work or customers bringing uniform and facility services back in house could pressure both revenue and margins. Find out about the key risks to this Cintas narrative. The narrative fair value suggests Cintas looks about 17% undervalued at $214.56 versus the $178.13 share price, but the current P/E of 37.7x tells a tougher story. That compares with 22.9x for the US Commercial Services industry, 33.1x for peers, and a fair ratio of 29x. This points to a richer pricing that could limit upside if sentiment turns. See what the numbers say about this price — find out in our valuation breakdown. With mixed signals on value and sentiment, this is a moment to move quickly, te...