earnings
confidence medium
sentiment neutral
materiality 0.55
Vestis Q1 revenue $684M in-line; reaffirms FY25 guidance; announces CFO/CLO transitions
Vestis Corp
2025-Q1 EPS reported
$0.01
revenue$683,780,000
- Q1 revenue $684M, operating income $30M, adjusted EBITDA $81M (11.9% margin), in-line with expectations.
- Reaffirmed FY25 outlook; expects sequential improvement and double-digit EBITDA growth heading into FY26.
- Voluntarily prepaid $20M of term loan debt during Q1.
- Press release announces CFO and Chief Legal Officer transitions; specific details not provided in exhibit.