secwatch.observer — SEC 8-K summary
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Issuer:     UNIFIRST CORP (UNF)
CIK:        0000717954
Form:       8-K
Filed at:   2022-03-30T23:59:59+00:00
Accession:  0001564590-22-012329
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UniFirst Q2 adjusted EPS $1.24; GAAP EPS $0.97 vs $1.71; revenue up 8.2%
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- GAAP diluted EPS $0.97 vs $1.71 prior year; net income $18.5M down 43.4%.
- Revenue $486.7M, up 8.2%; Core Laundry organic growth 8.0%.
- Adjusted diluted EPS $1.24, excluding $6.7M Key Initiative costs this quarter.
- Operating margin pressured by higher merchandise amortization, energy, and labor costs.
- FY2022 guidance: revenue $1.967-1.980B; adjusted diluted EPS $6.80-7.00; GAAP EPS $5.62-5.82.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/717954/000156459022012329/0001564590-22-012329-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/717954/000156459022012329/unf-8k_20220226.htm
  HTML page:      https://secwatch.observer/filing/0001564590-22-012329

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