secwatch.observer — SEC 8-K summary
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Issuer:     UNIFIRST CORP (UNF)
CIK:        0000717954
Form:       8-K
Filed at:   2022-01-05T23:59:59+00:00
Accession:  0001564590-22-000358
Event type: earnings
Sentiment:  negative
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UniFirst Q1 FY2022 EPS falls 19.5% to $1.77; revenue up 8.8% to $486.2M
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- GAAP diluted EPS $1.77 vs $2.20 prior year; adjusted diluted EPS $2.00.
- Core Laundry revenue $428.8M (+9.1%); operating margin 8.5% vs 12.4%.
- Specialty Garments revenue $39.5M (+3.5%); operating margin 21.9% vs 18.8%.
- FY2022 guidance: revenue $1.94B-$1.955B, diluted EPS $5.50-$5.80, adjusted EPS $7.00-$7.30.
- Bought back 22,750 shares for $4.8M; $97.3M remaining authorization; no debt, cash $478.1M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717954/000156459022000358/0001564590-22-000358-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717954/000156459022000358/unf-8k_20211127.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-000358

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