---
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"
generated_at: "2026-06-03T00:57:40.179511+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "medium"
source: SEC EDGAR
---

# Vestis Q2 revenue $705M, guidance cut; cash flow strong but results miss

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: medium
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001967649-24-000020
- JSON: https://secwatch.observer/filing/0001967649-24-000020.json
- Plain text: https://secwatch.observer/filing/0001967649-24-000020.txt

## Key facts
- Earnings Releases
  Vestis Corp updated its the quarter ended March 29, 2024 guidance (lowered).
  - Period: the quarter ended March 29, 2024
  - Guidance: lowered
  - Result: reported results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1967649/000196764924000020/0001967649-24-000020-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
