The Latest Breaking News from UniFirst

A strategic, multi-billion-dollar proposal seeks to combine two industry leaders to unlock massive operational efficiencies through optimized route density.

U.S. stocks traded mixed this morning, with the Nasdaq Composite gaining around 50 points on Wednesday.

Insiders bought these stocks the most in 2024. The question is whether they are good buys for investors and if the share prices will increase in 2025.

UniFirst Corp (NYSE:UNF) reported third-quarter FY22 sales growth of 10.2% year-on-year to $511.5 million, beating the consensus of $501.03 million. Adjusted EPS of $1.77 missed the consensus of $1.90. Revenues from core laundry operations increased 10% Y/Y to $450 million, and specialty garments rose 7.7% Y/Y to $41.2 million. Operating income declined…

  UniFirst (NYSE:UNF) reported its Q3 earnings results on Wednesday, June 29, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

UniFirst (NYSE:UNF) is set to give its latest quarterly earnings report on Wednesday, 2022-06-29. Here's what investors need to know before the announcement. Analysts estimate that UniFirst will report an earnings per share (EPS) of $1.90.

JPMorgan analyst Andrew Steinerman downgraded UniFirst Corp (NYSE:UNF) to Underweight from Neutral, reflecting on the Q2 EPS miss and mixed FY22 outlook. The analyst also lowered the price target to $178 (a downside of 1.4%) from $200. The analyst notes management's dim visibility into cost and margin headwinds and the company's financial performance amid…

Upgrades

  UniFirst (NYSE:UNF) reported its Q2 earnings results on Wednesday, March 30, 2022 at 08:00 AM. Here's what investors need to know about the announcement.