UniFirst Q4 revenue up 11.9% to $639.9M; EPS $2.39 vs $1.47 YoY

UNIFIRST CORP

2024-FY EPS reported $7.77 revenue$2,427,431,000

Q4 revenues $639.9M (+11.9% YoY); extra week contributed ~8% growth. Diluted EPS $2.39 (+62.6%).
Full year FY2024 revenues $2.427B (+8.7%); diluted EPS $7.77 vs $5.53 (+40.5%).
Core Laundry Operations Q4 revenue $564.1M (+11.7%); organic growth 3.9%; operating margin 8.0% vs 6.0%.
FY2025 guidance: revenues $2.425B-$2.445B, EPS $6.79-$7.19; includes $16M Key Initiative costs.
No long-term debt; paid $23.3M dividends (+5.6%); repurchased $23.8M shares in FY2024.

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