8-K
filed October 18, 2023, 7:59 PM ET
ticker UNF
CIK 0000717954
earnings
confidence high
sentiment positive
materiality 0.75
UniFirst Q4 revenue up 10.7% to $571.9M; EPS $1.47; FY2024 guidance $6.52-$7.16 EPS
UNIFIRST CORP
2023-FY EPS reported
$5.53
revenue$2,233,047,000
- Q4 revenue $571.9M (+10.7% YoY); diluted EPS $1.47 vs $1.39; EBITDA $69.2M (+15%).
- Full-year FY2023 revenue $2.233B (+11.6%); diluted EPS $5.53 vs $5.46; EBITDA $253.3M (+5.4%).
- Core Laundry revenue $505M (+10.1%); organic growth 5.3%; operating margin 6.0% (down from 6.3%).
- Specialty Garments revenue $41.4M (+13%); operating margin improved to 16.4% from 11.0%.
- FY2024 guidance: revenue $2.415-$2.435B; EPS $6.52-$7.16; includes $16M Key Initiative costs and one extra week.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
UNIFIRST CORP reported fourth quarter and full year ended August 26, 2023 results: revenue $571.9 million, net income $27.6 million, EPS $1.47.
- Period
- fourth quarter and full year ended August 26, 2023
- Revenue
- $571.9 million
- Net income
- $27.6 million
- EPS
- $1.47
- Result
- reported results
Exact text from the filing
26, 2023, as compared to the corresponding periods in the prior fiscal year: Q4 2023 Financial Highlights • Consolidated revenues for the fourth quarter increased 10.7% to $571.9 million. • Operating income was $36.1 million, an increase of 8.5%. • The quarterly tax rate increased to 24.3% compared to 21.3% in the prior year. • Net income increased to $27.6
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
UNIFIRST CORP reported full year ended August 26, 2023 results: revenue $2.233 billion, net income $103.7 million, EPS $5.53. Guidance reaffirmed.
- Period
- full year ended August 26, 2023
- Revenue
- $2.233 billion
- Net income
- $103.7 million
- EPS
- $5.53
- Guidance
- reaffirmed
- Result
- reported results
Exact text from the filing
Full year consolidated revenues were $2.233 billion, an increase of 11.6%.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
UNIFIRST CORP reported fiscal 2024 results: revenue between $2.415 billion and $2.435 billion, EPS between $6.52 and $7.16. Guidance initiated.
- Period
- fiscal 2024
- Revenue
- between $2.415 billion and $2.435 billion
- EPS
- between $6.52 and $7.16
- Guidance
- initiated
- Result
- guidance update
Exact text from the filing
For fiscal 2024, we expect our revenues to be between $2.415 billion and $2.435 billion and fully diluted earnings per share to be between $6.52 and $7.16.
View on SEC.gov
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