UNF Stock Recent News

UniFirst (UNF) came out with quarterly earnings of $1.22 per share, missing the Zacks Consensus Estimate of $1.41 per share. This compares to earnings of $0.95 per share a year ago.

UniFirst (UNF) came out with quarterly earnings of $2.38 per share, beating the Zacks Consensus Estimate of $2.33 per share. This compares to earnings of $2.21 per share a year ago.

UniFirst NYSE: UNF had a decent first quarter but provided weak guidance, sending shares down nearly 10%. As bad as the move sounds, it's a knee-jerk reaction in a stock whose future is bright.

UniFirst Corporation (UNF) Q1 2024 Earnings Call Transcript

Besides Wall Street's top -and-bottom-line estimates for UniFirst (UNF), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended November 2023.

WILMINGTON, Mass., Dec. 11, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2024 first quarter results on January 3, 2024 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on January 3, 2024 to discuss its quarterly financial results, business highlights and outlook. In addition, the Company may answer one or more questions concerning business and financial developments and trends, the Company's view on earnings forecasts and other business and financial matters affecting the Company, some of the responses to which may contain information that has not been previously disclosed.

WILMINGTON, Mass., Oct. 11, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF), a North American leader in the supply and servicing of uniform and workwear programs, as well as the delivery of facility service programs, announced that Steven S. Sintros, President and Chief Executive Officer and Shane F. O'Connor, Executive Vice President and Chief Financial Officer, will participate in the following upcoming investor conferences:

WILMINGTON, Mass., Sept. 26, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2023 fourth quarter results on October 18, 2023 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on October 18, 2023 to discuss its quarterly financial results, business highlights and outlook. In addition, the Company may answer one or more questions concerning business and financial developments and trends, the Company's view on earnings forecasts and other business and financial matters affecting the Company, some of the responses to which may contain information that has not been previously disclosed.

UniFirst Corporation shares have sold off quite a bit in recent months. A 25% pullback in the share price starts to look compelling here after the company has seen real margin struggles and a bolt-on deal. Valuations look a lot more reasonable, although I fail to see an immediate trigger here.

Unifirst NYSE: UNF is not an evident value trading at 24X its earnings outlook. The broad market S&P 500 trades at only 17X or 18X of its earnings, which is well below UniFirst and comes with a better dividend.