secwatch.observer — SEC 8-K summary
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Issuer:     UNIFIRST CORP (UNF)
CIK:        0000717954
Form:       8-K
Filed at:   2024-03-27T23:59:59+00:00
Accession:  0000950170-24-036828
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UniFirst Q2 revenue up 8.8% to $590.7M; EPS $1.09 vs $0.95; reaffirms FY2024 guidance
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717954/000095017024036828/0000950170-24-036828-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717954/000095017024036828/unf-20240327.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-036828

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer