Uniform Supplier UniFirst Reports Mixed Q2 Results, Revises Annual Outlook

UniFirst Corporation (NYSE:UNF) reported second-quarter FY25 revenue growth of 1.9% year-on-year to $602.22 million, slightly missing the analyst consensus estimate of $602.80 million.

Core Laundry Operations revenue increased 1.5% to $530.4 million and Specialty Garments improved 2.2% to $44.4 million.

UniFirst registered an operating income of $31.2 million, an increase of 11.7% year over year, with an operating margin of 5.2%.

Adjusted EBITDA increased to $68.9 million from $64.8 million in the prior year. Adjusted EPS of $1.40 beat the analyst consensus estimate of $1.32.

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UniFirst reported expenses of approximately $1.9 million in the ...

https://www.benzinga.com/25/04/44607724/uniform-supplier-unifirst-reports-mixed-q2-results-revises-outlook