---
schema_version: "secwatch.filing_event.v1"
accession: "0001967649-25-000029"
form_type: "8-K"
ticker: "VSTS"
cik: "0001967649"
company_name: "Vestis Corp"
filed_at: "2025-05-06T23:59:59+00:00"
generated_at: "2026-05-22T14:34:51.758856+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Vestis Q2 revenue $665M (-6% YoY), net loss $28M; credit covenant relaxed to 5.25x; new CEO Jim Barber

## Summary
- Revenue $665.2M, operating loss $8.6M, net loss $27.8M ($0.21 diluted loss).
- Adjusted EBITDA $47.6M (incl. $15M bad debt); ex-bad debt $62.6M vs $87.2M prior year.
- Credit amendment raises net leverage covenant to 5.25x through Q2 2026; restricts dividends and buybacks.
- Jim Barber appointed President & CEO effective June 2, 2025; Phillip Holloman returns to Chairman.
- Q3 revenue guidance $674-682M; Adjusted EBITDA at least $63M. No FY 2025 guidance given.

## SEC filing metadata
- accession: 0001967649-25-000029
- form_type: 8-K
- ticker: VSTS
- cik: 0001967649
- company_name: Vestis Corp
- filed_at: 2025-05-06T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1967649/000196764925000029/0001967649-25-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1967649/000196764925000029/vsts-20250501.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001967649-25-000029
- JSON: https://secwatch.observer/filing/0001967649-25-000029.json
- Plain text: https://secwatch.observer/filing/0001967649-25-000029.txt

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