---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-010443"
form_type: "8-K"
ticker: "UNF"
cik: "0000717954"
company_name: "UNIFIRST CORP"
filed_at: "2023-03-29T23:59:59+00:00"
generated_at: "2026-06-17T11:23:37.980522+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# UniFirst Q2 rev up 11.5% to $542.7M, net income down 3.5%; FY23 EPS guided $5.02-5.37

## Summary
- Consolidated revenues up 11.5% to $542.7M; net income down 3.5% to $17.8M; diluted EPS $0.95 (-2.1%).
- Core Laundry operating margin fell to 2.9% from 4.3%, hurt by higher merchandise costs and inflation.
- Specialty Garments revenue up 18.5% to $42.1M; operating margin improved to 19.1% from 10.8%.
- Clean Uniform acquisition closed March 13; expected to add $42M revenue but reduce op income by $0.5M in FY23.
- FY23 guidance: revenue $2.21-2.22B, EPS $5.02-5.37; includes $40M Key Initiative costs and $4M acquisition expenses.

## SEC filing metadata
- accession: 0000950170-23-010443
- form_type: 8-K
- ticker: UNF
- cik: 0000717954
- company_name: UNIFIRST CORP
- filed_at: 2023-03-29T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/717954/000095017023010443/0000950170-23-010443-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/717954/000095017023010443/unf-20230329.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-010443
- JSON: https://secwatch.observer/filing/0000950170-23-010443.json
- Plain text: https://secwatch.observer/filing/0000950170-23-010443.txt

## Key facts
- Earnings Releases
  UNIFIRST CORP reported fiscal 2023 results: revenue between $2.210 billion and $2.220 billion, EPS between $5.02 and $5.37. Guidance reaffirmed.
  - Period: fiscal 2023
  - Revenue: between $2.210 billion and $2.220 billion
  - EPS: between $5.02 and $5.37
  - Guidance: reaffirmed
  - Result: guidance update
  source text: The Company now expects its revenues for fiscal 2023 to be between $2.210 billion and $2.220 billion. We further expect diluted earnings per share to be between $5.02 and $5.37.
  evidence_url: https://www.sec.gov/Archives/edgar/data/717954/000095017023010443/0000950170-23-010443-index.htm
- Earnings Releases
  UNIFIRST CORP reported second quarter ended February 25, 2023 results: revenue $542.7 million, net income $17.8 million, EPS $0.95. Guidance reaffirmed.
  - Period: second quarter ended February 25, 2023
  - Revenue: $542.7 million
  - Net income: $17.8 million
  - EPS: $0.95
  - Guidance: reaffirmed
  - Result: reported results
  source text: second quarter ended February 25, 2023 as compared to the corresponding period in the prior fiscal year: Q2 2023 Financial Highlights • Consolidated revenues increased 11.5% to $542.7 million. • Operating income was $20.7 million, a decrease of 8.4%. • The quarterly tax rate increased to 24.6% compared to 19.0% in the prior year. • Net income decreased to $17.8
  evidence_url: https://www.sec.gov/Archives/edgar/data/717954/000095017023010443/0000950170-23-010443-index.htm

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