secwatch.observer — SEC 8-K summary
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Issuer:     Vestis Corp (VSTS)
CIK:        0001967649
Form:       8-K
Filed at:   2026-02-10T23:59:59+00:00
Accession:  0001628280-26-006644
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vestis Q1 net loss $6.4M (-$0.05), revenue $663M down 3%; reaffirms FY26 outlook
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- Revenue $663.4M, down 3.0% YoY on flat volume; net loss $6.4M vs net income $0.8M in Q1 FY25.
- Adjusted EBITDA $70.4M (10.6% of revenue) vs $81.2M (11.9%) YoY; sequential improvement from $64.7M in Q4 FY25.
- Strategic transformation on track; expects annual cost savings >$75M by end FY2026.
- Reaffirmed FY2026 guidance: revenue flat to down 2%, adjusted EBITDA $285-315M, FCF $50-60M.
- Free cash flow $28.3M; adjusted FCF $42.9M; available liquidity $316.7M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1967649/000162828026006644/0001628280-26-006644-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1967649/000162828026006644/vsts-20260210.htm
  HTML page:      https://secwatch.observer/filing/0001628280-26-006644

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