secwatch.observer — SEC 8-K summary
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Issuer:     Vestis Corp (VSTS)
CIK:        0001967649
Form:       8-K
Filed at:   2024-02-07T23:59:59+00:00
Accession:  0001967649-24-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vestis Q1 revenue $718M (+2.5% YoY); adjusted EBITDA $98M; reaffirms FY2024 outlook
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- Revenue of $718M, up 2.5% YoY (4.5% excl. FX and prior-year energy fee).
- GAAP diluted EPS $0.09; adjusted diluted EPS $0.22.
- Adjusted EBITDA $98M (13.7% margin vs 13.2% prior year).
- Net debt leverage reduced to 3.85x; full-year FY2024 guidance reaffirmed.
- First quarter as standalone public company; management cites high-quality growth strategy.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1967649/000196764924000006/0001967649-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1967649/000196764924000006/vsts-20240207.htm
  HTML page:      https://secwatch.observer/filing/0001967649-24-000006

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