{"schema_version":"secwatch.filing_event.v1","accession":"0001967649-25-000045","form_type":"8-K","ticker":"VSTS","cik":"0001967649","company_name":"Vestis Corp","filed_at":"2025-08-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.719410+00:00","generated_at":"2026-05-17T21:04:39.782919+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Vestis Q3 revenue down 3.5% to $674M; net loss $0.7M, adjusted EBITDA $64M","bullets":["Revenue $674M, down 3.5% YoY; rental revenue fell $18M, direct sales down $5.6M.","Net loss $0.7M (-$0.01 EPS) vs net income $5M ($0.04 EPS) in Q3 2024.","Adjusted EBITDA $64M vs $86.9M last year; free cash flow $8M, down $19.7M.","Net leverage ratio 4.50x, within covenant max of 5.25x; total debt $1.32B.","CEO Jim Barber cites challenges but optimism; team focused on unlocking operating leverage."],"urls":{"canonical":"https://secwatch.observer/filing/0001967649-25-000045","json":"https://secwatch.observer/filing/0001967649-25-000045.json","markdown":"https://secwatch.observer/filing/0001967649-25-000045.md","text":"https://secwatch.observer/filing/0001967649-25-000045.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1967649/000196764925000045/0001967649-25-000045-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1967649/000196764925000045/vsts-20250805.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T21:04:39.782919+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}