8-K
filed March 27, 2024, 7:59 PM ET
ticker UNF
CIK 0000717954
earnings
confidence high
sentiment positive
materiality 0.70
UniFirst Q2 revenue up 8.8% to $590.7M; EPS $1.09 vs $0.95; reaffirms FY2024 guidance
UNIFIRST CORP
2024-Q2 EPS reported
$3.35
revenue$1,184,236,000
- Diluted EPS $1.09, up 14.7% from $0.95; net income $20.5M vs $17.8M.
- Core Laundry revenues $522.4M (+9.5%); organic growth 4.8%; operating margin 3.6%.
- Specialty Garments revenues $43.5M (+3.2%); operating margin 22.8% vs 19.1%.
- FY2024 guidance unchanged: revenues $2.415B-$2.425B, EPS $6.80-$7.16.
- Cash $101.9M, no debt; repurchased 45,250 shares for $7.9M in Q2.
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 fiscal 2024 results: revenue between $2.415 billion and $2.425 billion, EPS between $6.80 and $7.16. Guidance reaffirmed.
- Period
- fiscal 2024
- Revenue
- between $2.415 billion and $2.425 billion
- EPS
- between $6.80 and $7.16
- Guidance
- reaffirmed
- Result
- guidance update
Exact text from the filing
At this time, we continue to expect our revenues for fiscal 2024 to be between $2.415 billion and $2.425 billion and fully diluted earnings per share to be between $6.80 and $7.16.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
UNIFIRST CORP reported second quarter of fiscal 2024 ended February 24, 2024 results: EPS $1.09.
- Period
- second quarter of fiscal 2024 ended February 24, 2024
- EPS
- $1.09
- Result
- reported results
Exact text from the filing
Consolidated revenues for the second quarter increased 8.8% to $590.7 million.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
UNIFIRST CORP reported second quarter of fiscal 2024 ended February 24, 2024 results: EPS $1.09.
- Period
- second quarter of fiscal 2024 ended February 24, 2024
- EPS
- $1.09
- Result
- reported results
Exact text from the filing
Net income increased to $20.5 million from $17.8 million in the prior year, or 14.9%.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
UNIFIRST CORP reported second quarter of fiscal 2024 ended February 24, 2024 results: EPS $1.09.
- Period
- second quarter of fiscal 2024 ended February 24, 2024
- EPS
- $1.09
- Result
- reported results
Exact text from the filing
Diluted earnings per share increased to $1.09 from $0.95 in the prior year, or 14.7%.
View on SEC.gov
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