{"filings":[{"id":1056357,"accession_number":"0001628280-26-043149","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2026-06-15T20:02:36+00:00","items":["5.02","9.01"],"status":"ready","headline":"Vestis amends interim CFO Bowen's compensation; $100k quarterly awards pending permanent CFO selection","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Base salary remains $400k; target bonus unchanged at 35% of base salary under MIB plan.","Prior $100k discretionary cash award repayment waived; new $100k award in June 2026.","Additional $100k discretionary awards every three months if no permanent CFO appointed; extra $100k if not selected and remains employed through 10-K filing.","Unvested time-vested RSUs will continue to vest on original schedule if terminated without cause or in a Qualifying Resignation.","If Bowen is not selected as permanent CFO, position reverts to VP, Financial Planning & Analysis."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":22284,"accession_number":"0001628280-26-033869","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2026-05-12T11:07:49+00:00","items":["2.02","9.01"],"status":"ready","headline":"Vestis Q2 revenue $659M flat YoY; raises FY26 Adj. EBITDA guidance to $310M midpoint","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income $2.6M ($0.02 EPS) vs net loss $(27.8M) in prior year; adj. net income $21.8M ($0.16 EPS).","Adj. EBITDA $74.5M (11.3% margin) up from $47.6M (7.2%) in Q2 2025; driven by cost savings and 11% plant productivity gain.","Fiscal 2026 Adj. EBITDA guidance raised to $295M-$325M (midpoint $310M) from previous $285M-$315M; Free Cash Flow guidance raised to $120M-$150M.","Repaid $34M of debt in Q2; available liquidity $344.5M including $50.3M cash.","Transformation plan now expected to deliver ~$50M in-year benefit (up from $40M); $15M realized in H1."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":1322825000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111381,"accession_number":"0001628280-26-011054","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2026-02-24T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Vestis shareholders elect directors, approve say-on-pay and auditor at 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected Tracy Jokinen, Mary Anne Whitney, and Ena Williams as directors with >103M votes each.","Say-on-pay approved with 100.5M for, 2.7M against, 200.8K abstentions.","Ratification of Deloitte & Touche as auditor approved with 110.2M for, 1.4M against.","Broker non-votes: 8.3M on director election and say-on-pay; none on auditor ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":111380,"accession_number":"0001628280-26-006644","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2026-02-10T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Vestis Q1 net loss $6.4M (-$0.05), revenue $663M down 3%; reaffirms FY26 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $663.4M, down 3.0% YoY on flat volume; net loss $6.4M vs net income $0.8M in Q1 FY25.","Adjusted EBITDA $70.4M (10.6% of revenue) vs $81.2M (11.9%) YoY; sequential improvement from $64.7M in Q4 FY25.","Strategic transformation on track; expects annual cost savings >$75M by end FY2026.","Reaffirmed FY2026 guidance: revenue flat to down 2%, adjusted EBITDA $285-315M, FCF $50-60M.","Free cash flow $28.3M; adjusted FCF $42.9M; available liquidity $316.7M."],"consensus_eps_estimate":0.0845,"consensus_eps_actual":-0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":663388000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":127994,"accession_number":"0001140361-25-045600","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-12-16T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Vestis CFO Kelly Janzen resigns; Adam Bowen named interim CFO; FY2026 guidance reaffirmed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CFO Kelly Janzen resigns to pursue other opportunities; stays through Dec 31, 2025.","Adam Bowen, VP of FP&A, appointed Interim CFO effective Dec 16, 2025.","Company reaffirms full-year 2026 financial guidance per Dec 1, 2025 earnings release.","Bowen gets $400k base, 35% target bonus, $150k one-time RSU, and $200k cash awards.","Executive search for permanent CFO launched, overseen by Compensation Committee."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":127993,"accession_number":"0001628280-25-054471","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-12-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Vestis reports Q4 net loss $13M, revenue $712M; transformation plan targets $75M savings","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $712M (+4.1% YoY incl. extra week; ex-week -3.5%); net loss $13M (-$0.10 EPS); adjusted EPS $0.03.","Adjusted EBITDA $65M; operating income $18M; free cash flow $16M; liquidity $298M.","Launches multi-year plan: commercial excellence, operational excellence, asset & network optimization.","Plan targets at least $75M annual cost savings by end of FY2026; costs $25M-$30M; substantially complete by end of 2027.","FY2026 outlook: revenue flat to down 2% vs. normalized FY2025; Adj. EBITDA $285M-$315M; FCF $50M-$60M."],"consensus_eps_estimate":0.0644,"consensus_eps_actual":-0.31,"consensus_revenue_estimate":null,"consensus_revenue_actual":2734839000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":127992,"accession_number":"0001140361-25-037690","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-10-08T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Vestis EVP and CTO Grant Shih to depart effective Oct 7, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Grant Shih, EVP and Chief Technology Officer, leaving Vestis on October 7, 2025.","No disagreement with company regarding operations, policies, or practices.","Shih will receive separation benefits consistent with a non-cause termination under his employment agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144775,"accession_number":"0001140361-25-032717","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-08-26T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Vestis grants special retention RSUs to four executives, excluding CEO","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Kelly Janzen (CFO) gets 200,000 RSUs; Seward (COO), Bouchard (CLO), Shih (CTO) each get 80,000 RSUs.","RSUs vest 2/3 on second anniversary and 1/3 on third anniversary; pro-rata vesting on death/disability/involuntary termination without cause.","Awards effective August 25, 2025; represent 0.3x to 1.0x of typical annual LTI grant value for each officer.","No retention award granted to CEO Jim Barber; grants require acceptance of restrictive covenant agreement and compensation recovery policy."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":144774,"accession_number":"0001967649-25-000045","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Vestis Q3 revenue down 3.5% to $674M; net loss $0.7M, adjusted EBITDA $64M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $674M, down 3.5% YoY; rental revenue fell $18M, direct sales down $5.6M.","Net loss $0.7M (-$0.01 EPS) vs net income $5M ($0.04 EPS) in Q3 2024.","Adjusted EBITDA $64M vs $86.9M last year; free cash flow $8M, down $19.7M.","Net leverage ratio 4.50x, within covenant max of 5.25x; total debt $1.32B.","CEO Jim Barber cites challenges but optimism; team focused on unlocking operating leverage."],"consensus_eps_estimate":0.058,"consensus_eps_actual":-0.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":2022828000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163181,"accession_number":"0001140361-25-019910","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-05-20T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Vestis appoints John Laveck as VP and Chief Accounting Officer effective June 2, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["John Laveck appointed VP & CAO effective June 2, 2025; base salary $350k, bonus target 35%.","New hire RSU award of $250k vesting over 3 years; annual equity grants of $135k.","Previously VP Accounting Operations at Smurfit Westrock; prior WestRock and General Electric.","Car allowance of $800/month; eligible for standard benefits."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163180,"accession_number":"0001967649-25-000033","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-05-09T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Vestis appoints former UPS COO Jim Barber as President and CEO effective June 2, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Jim Barber, 64, former UPS COO (2018-2020) with 35-year UPS career, named President and CEO effective June 2, 2025; will also join the Board.","Base salary set at $950,000; target bonus of 125% of base salary; annual equity target of $4 million under LTIP.","Initial sign-on RSU award of $3 million, cliff vesting on third anniversary.","Severance: on non-cause termination, 18 months of base salary plus target bonus paid ratably; on qualifying change-in-control termination, 2x base plus target in lump sum.","Employment agreement includes perpetual non-disclosure, 18-month non-compete and non-solicitation covenants."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163179,"accession_number":"0001140361-25-017956","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Vestis EVP and CHRO Angie Kervin resigns effective May 16, 2025","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Angie Kervin, EVP and Chief Human Resources Officer, resigns effective May 16, 2025.","Resignation is personal to pursue another opportunity; no disagreement with company.","No replacement announced; Vestis will need to fill CHRO role."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163178,"accession_number":"0001967649-25-000029","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["1.01","2.02","9.01"],"status":"ready","headline":"Vestis Q2 revenue $665M (-6% YoY), net loss $28M; credit covenant relaxed to 5.25x; new CEO Jim Barber","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $665.2M, operating loss $8.6M, net loss $27.8M ($0.21 diluted loss).","Adjusted EBITDA $47.6M (incl. $15M bad debt); ex-bad debt $62.6M vs $87.2M prior year.","Credit amendment raises net leverage covenant to 5.25x through Q2 2026; restricts dividends and buybacks.","Jim Barber appointed President & CEO effective June 2, 2025; Phillip Holloman returns to Chairman.","Q3 revenue guidance $674-682M; Adjusted EBITDA at least $63M. No FY 2025 guidance given."],"consensus_eps_estimate":0.0701,"consensus_eps_actual":-0.21,"consensus_revenue_estimate":null,"consensus_revenue_actual":1349029000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":163177,"accession_number":"0001967649-25-000028","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-05-06T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Vestis raises Corvex's beneficial ownership limit to 20% in standstill amendment","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Beneficial ownership limit increased from 15% to 20%; economic exposure limit from 17% to 20%.","Standstill provisions remain in effect while Keith Meister serves on Vestis's board.","Amendment signed May 5, 2025 between Vestis, Corvex Management LP, and Keith Meister.","No other terms of the June 2024 Letter Agreement were modified."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181097,"accession_number":"0001140361-25-009358","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-03-19T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Vestis CEO Kim Scott departs; Chairman Phillip Holloman appointed interim CEO","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Kim Scott left as President/CEO and Board member effective March 18, 2025, with no disagreement with the company.","Separation benefits consistent with termination other than for cause under her April 2024 employment agreement.","Phillip Holloman, Board Chairman since Sept 2023, appointed interim Executive Chairman, President and CEO.","Holloman compensation: $125,000 per month plus RSUs ($675,000 initial grant, then $225,000 monthly).","Doug Pertz will serve as Lead Director during Holloman's tenure."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181096,"accession_number":"0001967649-25-000021","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-03-04T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Vestis CAO Bryan Johnson resigns effective March 10; CFO Kelly Janzen to assume duties","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Bryan Johnson resigned as Chief Accounting Officer of Vestis, effective March 10, 2025.","Resignation not due to any dispute or disagreement with the Company regarding accounting or financial reporting.","CFO Kelly Janzen will assume additional responsibilities as principal accounting officer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181095,"accession_number":"0001967649-25-000008","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-01-31T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Vestis Q1 revenue $684M in-line; reaffirms FY25 guidance; announces CFO/CLO transitions","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Q1 revenue $684M, operating income $30M, adjusted EBITDA $81M (11.9% margin), in-line with expectations.","Reaffirmed FY25 outlook; expects sequential improvement and double-digit EBITDA growth heading into FY26.","Voluntarily prepaid $20M of term loan debt during Q1.","Press release announces CFO and Chief Legal Officer transitions; specific details not provided in exhibit."],"consensus_eps_estimate":null,"consensus_eps_actual":0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":683780000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181094,"accession_number":"0001140361-25-002534","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-01-31T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Vestis CLO retires, CFO departs; Kelly Janzen appointed CFO effective Feb 14","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Timothy Donovan, EVP and CLO, retires effective Feb 14, 2025; CFO Rick Dillon departs same date with no disagreement.","Kelly Janzen appointed EVP and CFO effective Feb 14, 2025; previously CFO at BlueLinx and SVP at WestRock.","Janzen's employment agreement: base salary $610,000, target bonus 75% of base, annual LTI target $1,000,000.","Janzen receives monthly car allowance of $1,100, reimbursement for financial planning, and executive benefits."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":181093,"accession_number":"0001967649-25-000003","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2025-01-30T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Vestis shareholders elect four directors and approve say-on-pay at 2025 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["William Goetz, Lynn McKee, Keith Meister, Doug Pertz elected with >96% of votes cast (excluding broker non-votes).","Say-on-pay approved on non-binding basis: 103.5M for, 1.5M against.","Advisory vote on frequency set to every one year (102.1M votes).","Deloitte & Touche LLP ratified as independent auditor for FY2025 with 116.3M votes in favor."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197970,"accession_number":"0001967649-24-000052","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-11-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Vestis reports FY2024 revenue $2.8B, Adj. EBITDA $353M; cash flow up 83.6%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Fiscal 2024 revenue $2.8B; operating income $158M (5.6% of revenue).","Adjusted EBITDA $353M (12.6% of revenue); free cash flow $165M up 13.2% YoY.","Net leverage improved to 3.62x from 3.95x; net debt down $319M to $1.3B.","CEO: Q4 results in-line for revenue, ahead for Adj. EBITDA; expects underlying growth in FY2025."],"consensus_eps_estimate":null,"consensus_eps_actual":0.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":2805820000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":197969,"accession_number":"0001140361-24-042768","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-10-03T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Vestis Chief Legal Officer Timothy Donovan postpones retirement, stays beyond Oct 4","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Previously announced retirement effective Oct 4, 2024 has been revised.","Donovan will continue as EVP, Chief Legal Officer and General Counsel beyond Oct 4.","No successor or timeline for eventual transition disclosed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214131,"accession_number":"0001140361-24-040953","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K/A","filed_at":"2024-09-12T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Vestis appoints director Keith A. 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Goetz to Nominating, Governance and Corporate Responsibility Committee","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["William W. Goetz elected as new non-employee director effective August 3, 2024.","On September 12, 2024, Goetz appointed to Nominating, Governance and Corporate Responsibility Committee.","Amendment supplements original 8-K filed August 5, 2024, with committee assignment."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214136,"accession_number":"0001140361-24-040511","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-09-09T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Vestis confirms preliminary acquisition inquiry from Elis S.A.","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Confirmed receipt of preliminary inquiry from Elis S.A. regarding a potential transaction.","Board will evaluate inquiry and all available alternatives; no assurance any transaction will result.","Press release dated September 9, 2024 states company will not make further announcements on this or other inquiries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214135,"accession_number":"0001967649-24-000047","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-08-19T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Vestis declares $0.035 quarterly dividend, payable Oct 3, 2024","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.035 per share approved by Board of Directors.","Record date is September 13, 2024; payable on October 3, 2024.","Amount and timing of future dividends remain subject to Board approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214134,"accession_number":"0001967649-24-000039","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-08-07T23:59:59+00:00","items":["1.01","2.02","2.03","9.01"],"status":"ready","headline":"Vestis Q3 rev $698M (-1.6% YoY), adj EBITDA $87M; enters $250M AR facility to cut debt","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $698M, down 1.6% YoY; operating income $38M (5.4% of rev); adj EBITDA $87M (12.4% of rev)","Operating cash flow YTD $176M (+22.4%); free cash flow YTD $125M (+22.6%)","Net leverage 3.98x, net debt $1.53B at Q3 end; pro forma post-AR facility net leverage 3.33x, net debt $1.28B","Entered $250M AR securitization facility on Aug 2, 2024, to repay term loans; scheduled term Aug 2, 2027","Reiterated FY2024 outlook; adj EBITDA margin expected toward higher end of guidance range"],"consensus_eps_estimate":null,"consensus_eps_actual":0.18,"consensus_revenue_estimate":null,"consensus_revenue_actual":2121539000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":214133,"accession_number":"0001967649-24-000035","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-08-05T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Vestis appoints Bill Goetz to Board of Directors; brings industrial laundry expertise","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["William W. 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target annual bonus 75% of base; LTI target $1.2M annually.","One-time cash sign-on bonus $300,000; one-time RSU grant $1.5M vesting over 3 years."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233360,"accession_number":"0001140361-24-030630","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-06-20T23:59:59+00:00","items":["1.01","5.02","5.08","8.01","9.01"],"status":"ready","headline":"Vestis appoints Keith Meister (Corvex, 12.9% owner) to board; standstill agreed","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Keith Meister, founder of Corvex Management (12.9% owner), appointed to Board effective June 18, 2024.","Board expands to nine directors, seven independent; Meister deemed independent.","Company and Corvex entered a standstill agreement with customary restrictions through Meister's board tenure.","2025 annual meeting set for Jan 27, 2025; proxy deadlines: Rule 14a-8 proposals by Sep 29, other nominations by Oct 29."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233359,"accession_number":"0001967649-24-000029","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-05-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Vestis declares quarterly cash dividend of $0.035 per share, payable July 2, 2024","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly dividend of $0.035 per common share approved by Board on May 23, 2024.","Payable on July 2, 2024 to shareholders of record as of June 14, 2024.","Future dividends remain subject to Board approval as stated in the press release.","Dividend applies to Vestis (NYSE: VSTS) common stock."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233358,"accession_number":"0001967649-24-000020","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-05-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Vestis Q2 revenue $705M, guidance cut; cash flow strong but results miss","summary_kind":"llm","event_type":"earnings","confidence":"medium","bullets":["Revenue $705M, up 0.9% YoY; core growth 2.8% excluding FX and prior-year energy fee.","Operating income $43M (6.1% margin); adjusted EBITDA $87M (12.4% margin).","Operating cash flow FYTD $127.5M (+85% YoY); free cash flow $97.7M (+107% YoY).","Reduced debt $54M in Q2 including $45M voluntary prepayment; net leverage 3.82x.","Fiscal 2024 guidance lowered as company navigates short-term challenges; CEO cites improving trends."],"consensus_eps_estimate":null,"consensus_eps_actual":0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":1423291000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":233357,"accession_number":"0001140361-24-018316","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-04-05T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Vestis enters new employment agreements with CEO/CFO/CHRO/CTO; CLO Donovan to retire Oct 4, 2024","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO Kim Scott: $925k base salary, 125% target bonus, $3.6M LTIP target.","CFO Rick Dillon: $618k base salary, 75% target bonus, $1M LTIP target.","CHRO Angela Kervin: $450k base salary, 60% target bonus, $500k LTIP target.","CTO Grant Shih: $380k base salary, 50% target bonus, $400k LTIP target.","EVP/CLO Timothy Donovan notified retirement effective October 4, 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":251461,"accession_number":"0001140361-24-009073","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-02-22T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Vestis refinances $800M term loan, extends maturity to 2031","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Refinanced $800M 2-year Term Loan A-1 with $800M 7-year Term Loan B maturing 2031.","New loan priced at SOFR + 225 bps, stepping down to +200 bps at 3.30x net leverage.","Transaction is net leverage neutral and issued with 0.25% original issue discount.","Remaining $691M Term Loan A-2 and undrawn $300M revolver both mature in 2028.","Company targets optimal net leverage of 1.5x–2.5x by FY26."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":251460,"accession_number":"0001967649-24-000014","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-02-20T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Vestis declares $0.035 quarterly dividend, payable April 4, 2024","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Quarterly cash dividend of $0.035 per common share approved by Board of Directors.","Payable on April 4, 2024 to shareholders of record as of March 15, 2024.","Dividend rate is $0.14 annualized; timing of future dividends subject to Board approval."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":251459,"accession_number":"0001967649-24-000006","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-02-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Vestis Q1 revenue $718M (+2.5% YoY); adjusted EBITDA $98M; reaffirms FY2024 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $718M, up 2.5% YoY (4.5% excl. FX and prior-year energy fee).","GAAP diluted EPS $0.09; adjusted diluted EPS $0.22.","Adjusted EBITDA $98M (13.7% margin vs 13.2% prior year).","Net debt leverage reduced to 3.85x; full-year FY2024 guidance reaffirmed.","First quarter as standalone public company; management cites high-quality growth strategy."],"consensus_eps_estimate":null,"consensus_eps_actual":0.09,"consensus_revenue_estimate":null,"consensus_revenue_actual":717923000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":251458,"accession_number":"0001193125-24-025280","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2024-02-06T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Vestis COO Christopher Synek resigns effective immediately for personal reasons","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Christopher Synek resigned as COO on February 6, 2024, effective immediately.","Resignation reason cited as personal, with no details provided.","No successor or interim COO has been announced by the company.","Rick Dillon, EVP and CFO, signed the filing as authorized officer."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":268998,"accession_number":"0001193125-23-287457","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2023-12-01T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Vestis adopts management incentive and deferred compensation plans","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Management Incentive Bonus Plan effective Sept 30, 2023, covers executives in career bands 1-3.","Deferred Compensation Plan effective Jan 1, 2024, allows directors and executives to defer cash and equity compensation.","Bonus awards based on pre-established performance measures; payout discretion retained by Compensation Committee.","Deferred amounts credited to equity accounts (company stock) or cash accounts with interest tied to Moody's Baa index."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":268997,"accession_number":"0001157523-23-001780","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2023-11-29T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Vestis reports FY2023 revenue $2.8B (+5% YoY); net income $213M; declares quarterly dividend","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue of $2.8B increased 5% year-over-year; adjusted EBITDA of $404M (14.3% margin).","Operating income $218M (7.7% margin); adjusted operating income $294M (10.4% margin).","Net income $213M includes gain on sale of an investment.","Completed spin-off from Aramark and declared a quarterly dividend (amount not disclosed).","CEO Kim Scott cited 2023 milestones and momentum heading into fiscal 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":268996,"accession_number":"0001628280-23-033362","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2023-10-02T23:59:59+00:00","items":["1.01","2.03","5.01","5.02","5.03","5.05","8.01","9.01"],"status":"ready","headline":"Vestis completes spin-off from Aramark; begins trading as independent public company on NYSE under 'VSTS'","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Distribution of 130.7M shares to Aramark stockholders at 1-for-2 ratio effective Sept 30, 2023.","Entered into $1.8B credit facilities ($800M term A-1, $700M term A-2, $300M revolver); funded $1.457B transfer to Aramark.","Board expanded to 8 directors; Phillip Holloman Chairman, Doug Pertz Vice Chairman; Kim Scott President/CEO.","Adopted 2023 Long-Term Incentive Plan and granted DSU awards to non-employee directors.","Transition Services Agreement with Aramark for up to 24 months executed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286078,"accession_number":"0001628280-23-033024","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2023-09-26T23:59:59+00:00","items":["3.02","5.02","5.03","9.01"],"status":"ready","headline":"Vestis appoints Tracy Jokinen to board, increases authorized shares for spin-off","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Issued 79 shares of common stock to Aramark Services under Section 4(a)(2) in exchange for Canadian subsidiaries.","Board expanded from 2 to 3 directors; Tracy Jokinen appointed as Audit Committee chair effective Sept 26, 2023.","Certificate of amendment filed to increase authorized common and preferred shares and effect a stock split.","Spin-off distribution of Vestis common stock by Aramark expected at 12:01 a.m. ET on September 30, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286077,"accession_number":"0001628280-23-032138","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2023-09-13T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Vestis Corporation to host analyst day on September 13, 2023, following spin-off from Aramark","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Analyst day held at 9:00 a.m. ET on September 13, 2023, with materials filed as Exhibit 99.1","Vestis separated from Aramark (NYSE: ARMK) in a planned spin-off transaction","Forward-looking statements caution on risks including spin-off timing, tax-free qualification, and costs","Rick Dillon, EVP and CFO, signed the Form 8-K filing on behalf of Vestis","Presentation materials furnished under Item 7.01 Regulation FD Disclosure"],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286076,"accession_number":"0001628280-23-031931","cik":1967649,"company_name":"Vestis Corp","ticker":"VSTS","form_type":"8-K","filed_at":"2023-09-11T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Vestis spin-off from Aramark cleared: Form 10 effective; record/split dates set","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["SEC declared Vestis Form 10 registration effective on Sept 8, 2023.","Distribution ratio: 1 Vestis share for every 2 Aramark shares held.","Record date: Sept 20, 2023; distribution expected Sept 30, 2023.","When-issued trading of VSTS WI begins Sept 27; regular-way VSTS starts Oct 2.","Final information statement dated Sept 11, 2023 attached as Exhibit 99.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":1564120000.0,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}