---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-000099"
form_type: "8-K"
ticker: "UNF"
cik: "0000717954"
company_name: "UNIFIRST CORP"
filed_at: "2023-01-04T23:59:59+00:00"
generated_at: "2026-06-20T20:35:00.915062+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# UniFirst Q1 revenue up 11.4% to $541.8M, adj. EPS $2.21, reaffirms FY2023 guidance

## Summary
- Revenue $541.8M (+11.4% YoY); diluted EPS $1.81; adjusted diluted EPS $2.21 (+10.5%).
- Core Laundry revenues $477.4M (+11.3%); organic growth 10.7%; adjusted operating margin 9.2% vs 9.9% prior year.
- Specialty Garments revenues $44.1M (+11.6%); operating margin 23.1% vs 21.9%.
- Reaffirmed FY2023 guidance: revenue $2.145-2.160B, diluted EPS $5.50-5.90, adj. EPS $7.10-7.50.
- Key Initiative costs $10.0M in Q1; no debt; $351.2M cash; no share repurchases in quarter.

## SEC filing metadata
- accession: 0000950170-23-000099
- form_type: 8-K
- ticker: UNF
- cik: 0000717954
- company_name: UNIFIRST CORP
- filed_at: 2023-01-04T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717954/000095017023000099/0000950170-23-000099-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717954/000095017023000099/unf-20230104.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-000099
- JSON: https://secwatch.observer/filing/0000950170-23-000099.json
- Plain text: https://secwatch.observer/filing/0000950170-23-000099.txt

## Key facts
- Earnings Releases
  UNIFIRST CORP reported first quarter of fiscal 2023 ended November 26, 2022 results: revenue $541.8 million, net income $34.0 million, EPS $1.81. Guidance reaffirmed.
  - Period: first quarter of fiscal 2023 ended November 26, 2022
  - Revenue: $541.8 million
  - Net income: $34.0 million
  - EPS: $1.81
  - Guidance: reaffirmed
  - Result: reported results
  source text: • Consolidated revenues for the first quarter increased 11.4% to $541.8 million. • Operating income was $43.4 million, a decrease of 3.1%. • The quarterly tax rate increased to 25.2% compared to 24.6% in the prior year. • Net income increased to $34.0 million from $33.7 million in the prior year, or 0.7%. • Diluted earnings per share increased to $1.81 from $1.77 in the prior year, or 2.3%.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717954/000095017023000099/0000950170-23-000099-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.