UNF
UniFirst Corporation174.20
-3.42-1.93%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
3.16BP/E (TTM)
21.83Basic EPS (TTM)
7.98Dividend Yield
0.01%Recent Filings
8-K
UniFirst merging with Cintas
8-K
Q1 revenues rise, margins slip
UniFirst reported Q1 fiscal 2026 revenues up 2.7% to $621.3 million, but operating margin slipped to 7.3% from 9.2% due to growth investments and digital transformation. Core uniform segment grew 2.4% organically on stronger wins and retention, yet net income fell to $34.4 million. Margins dipped. Company reaffirmed full-year revenue guidance of $2.475-$2.495 billion.
10-Q
Q1 FY2026 results
UniFirst posted Q1 FY2026 revenues of $621.3M, up 2.7% y/y, driven by 2.4% organic growth in Uniform & Facility Service Solutions (91% of sales) and 15.3% surge in First Aid & Safety. Operating income fell 18.4% y/y to $45.3M as margins slipped to 7.3% from higher selling costs and healthcare claims, while diluted EPS dropped to $1.89 from $2.31, reconciled to 18.2M shares. Cash fell to $124.0M after $38.9M capex and $32.7M buybacks; OCF $14.9M trailed capex, yielding negative FCF. Completed four First Aid acquisitions for $14.9M (net $13.4M), adding $11.5M goodwill and $2.0M customer contracts. No debt drawn on $300M revolver ($195.1M available). Nuclear segment dipped on fewer outages. Mexican tax dispute lingers.
8-K
Shareholders elect directors, Nowicki Chairman
UniFirst shareholders elected Joseph M. Nowicki and Steven S. Sintros as Class II directors for three-year terms at the December 15, 2025 annual meeting, while withholding votes from incumbents. They advisory-approved executive pay and ratified Ernst & Young as auditors for fiscal 2026. Board named Nowicki Chairman on December 16. Class B stock dominated the vote.
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