secwatch.observer — SEC 8-K summary
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Issuer:     Vestis Corp (VSTS)
CIK:        0001967649
Form:       8-K
Filed at:   2024-11-21T23:59:59+00:00
Accession:  0001967649-24-000052
Event type: earnings
Sentiment:  positive
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Vestis reports FY2024 revenue $2.8B, Adj. EBITDA $353M; cash flow up 83.6%
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- Fiscal 2024 revenue $2.8B; operating income $158M (5.6% of revenue).
- Adjusted EBITDA $353M (12.6% of revenue); free cash flow $165M up 13.2% YoY.
- Net leverage improved to 3.62x from 3.95x; net debt down $319M to $1.3B.
- CEO: Q4 results in-line for revenue, ahead for Adj. EBITDA; expects underlying growth in FY2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1967649/000196764924000052/0001967649-24-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1967649/000196764924000052/vsts-20241121.htm
  HTML page:      https://secwatch.observer/filing/0001967649-24-000052

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