secwatch.observer — SEC 8-K summary
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Issuer:     Vestis Corp (VSTS)
CIK:        0001967649
Form:       8-K
Filed at:   2023-11-29T23:59:59+00:00
Accession:  0001157523-23-001780
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vestis reports FY2023 revenue $2.8B (+5% YoY); net income $213M; declares quarterly dividend
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- Revenue of $2.8B increased 5% year-over-year; adjusted EBITDA of $404M (14.3% margin).
- Operating income $218M (7.7% margin); adjusted operating income $294M (10.4% margin).
- Net income $213M includes gain on sale of an investment.
- Completed spin-off from Aramark and declared a quarterly dividend (amount not disclosed).
- CEO Kim Scott cited 2023 milestones and momentum heading into fiscal 2024.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1967649/000115752323001780/0001157523-23-001780-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1967649/000115752323001780/a53863979.htm
  HTML page:      https://secwatch.observer/filing/0001157523-23-001780

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