{"schema_version":"secwatch.filing_event.v1","accession":"0001967649-24-000020","form_type":"8-K","ticker":"VSTS","cik":"0001967649","company_name":"Vestis Corp","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:21.333653+00:00","generated_at":"2026-06-03T00:57:40.179511+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"medium","headline":"Vestis Q2 revenue $705M, guidance cut; cash flow strong but results miss","bullets":["Revenue $705M, up 0.9% YoY; core growth 2.8% excluding FX and prior-year energy fee.","Operating income $43M (6.1% margin); adjusted EBITDA $87M (12.4% margin).","Operating cash flow FYTD $127.5M (+85% YoY); free cash flow $97.7M (+107% YoY).","Reduced debt $54M in Q2 including $45M voluntary prepayment; net leverage 3.82x.","Fiscal 2024 guidance lowered as company navigates short-term challenges; CEO cites improving trends."],"urls":{"canonical":"https://secwatch.observer/filing/0001967649-24-000020","json":"https://secwatch.observer/filing/0001967649-24-000020.json","markdown":"https://secwatch.observer/filing/0001967649-24-000020.md","text":"https://secwatch.observer/filing/0001967649-24-000020.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1967649/000196764924000020/0001967649-24-000020-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1967649/000196764924000020/vsts-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-03T00:57:40.179511+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"ad730e380e522c8cd6bbfd96da4d15183937d7fc","claim":"Vestis Corp updated its the quarter ended March 29, 2024 guidance (lowered).","evidence_excerpt":"On May 2, 2024 , Vestis Corporation (the “Company”) issued a press release announcing the results of the Company’s operations for the quarter ended March 29, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1967649/000196764924000020/0001967649-24-000020-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 29, 2024"},{"label":"Guidance","value":"lowered"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}