UNF Stock Recent News

WILMINGTON, Mass., July 11, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.330 per share (33.0 cents) on the Company's Common Stock and $0.264 per share (26.4 cents) on the Company's Class B Common Stock. Both dividends are payable on September 27, 2024 to shareholders of record on September 6, 2024.

I retain my buy rating for UNF stock, as I expect margin to continue expanding as the business scales and controls costs. UNF reported 4.1% organic revenue growth, with strong margin expansion and positive Core Laundry segment performance. Revised growth expectations downward due to mixed topline outlook, but increased margin expectations.

UniFirst NYSE: UNF is a quality business with savvy management working hard to improve shareholder value. The efforts include upgrading technology to the latest in enterprise resource planning (ERP) and customer relationship management (CRM) software, helping drive margin.

UniFirst's (UNF) third-quarter fiscal 2024 results benefit from higher revenues from the Core Laundry Operations segment.

While the top- and bottom-line numbers for UniFirst (UNF) give a sense of how the business performed in the quarter ended May 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

UniFirst (UNF) came out with quarterly earnings of $2.19 per share, beating the Zacks Consensus Estimate of $1.88 per share. This compares to earnings of $1.29 per share a year ago.

WILMINGTON, Mass., June 26, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its third quarter ended May 25, 2024 as compared to the corresponding period in the prior fiscal year:

Get a deeper insight into the potential performance of UniFirst (UNF) for the quarter ended May 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

WILMINGTON, Mass., June 04, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2024 third quarter results on June 26, 2024 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on June 26, 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.

"Honors former Chairman, CEO, and President Ronald Croatti on 7th anniversary of his passing" WILMINGTON, Mass. , May 23, 2024 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, recently held its annual Ronald D.