VSTS
Vestis Corporation6.90
-0.66-8.73%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
FY Q1 '26
Key Stats
Market Cap
909.88MP/E (TTM)
-Basic EPS (TTM)
-0.31Dividend Yield
0.01%Recent Filings
8-K
8-K
10-Q
8-K
CFO resigns; interim appointed
Vestis CFO Kelly Janzen resigns December 31, 2025, to pursue other opportunities, with no disagreements noted; she stays through year-end. Board names VP Financial Planning & Analysis Adam K. Bowen as interim CFO effective December 16, with $400,000 salary and $200,000 cash award. Smooth transition planned. Company reaffirms FY2026 outlook.
10-K
FY2025 results
Vestis posted FY2025 revenue of $2.7B, flat on the prior year but down 2.5% excluding the 53rd week, as uniforms fell $106M (4%) from lost business exceeding new wins while workplace supplies held steady. Operating income plunged 59% to $64M amid higher delivery costs, bad debt, and severance, flipping to a $40M net loss versus $21M profit. Q4 saw workforce reductions and sales force cuts, yet cash from operations held at $64M with $1.2B debt at year-end. Free cash flow not disclosed. Ongoing securities litigation poses quarterly earnings risk.
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