UNIFIRST CORP reported the second quarter of fiscal 2026, which ended on February 28, 2026 results: revenue $622.5 million, net income $20.5 million, EPS $1.13.
““Company”) today reported results for its fiscal 2026 second quarter ended February 28, 2026. Second Quarter 2026 Consolidated Results • Consolidated revenues increased 3.4% to $622.5 million compared to $602.2 million in the second quarter of fiscal 2025, driven by organic growth in the core Uniform & Facility Service Solutions segment. • Operating income and”
Governance Changes
UNIFIRST CORP: UniFirst Corporation amended its bylaws to add a customary exclusive forum provision designating the Business Litigation Session of the Superior Court of Suffolk County, Massachusetts as the sole and exclusive forum for certain state corporate law or shareholder derivative actions (effective 2026-03-10).
“On March 10, 2026, prior to the execution of the Merger Agreement, the Company Board (as defined in the Merger Agreement) adopted an amendment to the Company’s by-laws (the “ Bylaws Amendment ”) to add a customary exclusive forum provision.”
Material Agreements
UNIFIRST CORP entered into Agreement and Plan of Merger with Cintas Corporation, Bruin Merger Sub I, Inc., Bruin Merger Sub II, LLC (effective 2026-03-10).
“On March 10, 2026, UniFirst Corporation, a Massachusetts corporation (the “ Company ” or “ UniFirst ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”) with (i) Cintas Corporation, a Washington corporation (“ Parent ” or “ Cintas ”), (ii) Bruin Merger Sub I, Inc., a Delaware corporation and a wholly owned subsidiary of Cintas (“ Merger Sub Inc. ”), and (iii) Bruin Merger Sub II, LLC, a Delaware limited liability company and a wholly owned subsidiary of Cintas (“ Merger Sub LLC ”).”
Debt Financings
UNIFIRST CORP amended revolving credit of $300,000,000 unsecured, revolving credit facility with Bank of America, N.A., as Administrative Agent, Swing Line Lender and an L/C Issuer at SOFR plus 1.00% maturing August 12, 2030.
“The Credit Agreement provides for a $300,000,000 unsecured, revolving credit facility, of which $150,000,000 may be used for issuances of letters of credit.”
Michael Croatti changed role as Executive Vice President, Operations at UNIFIRST CORP.
“Michael Croatti, Executive Vice President, Operations, agreed to transition from his role as an Executive Officer of the Company effective as of November 30, 2024.”
Kelly Rooney was appointed as Chief Operating Officer at UNIFIRST CORP.
“the Board of Directors (the “Board”) of UniFirst Corporation (the “Company”) appointed Kelly Rooney as Chief Operating Officer of the Company effective September 30, 2024.”
Cecilia McKenney was appointed as Class III Director at UNIFIRST CORP.
“On May 31, 2024, the Board of Directors (the “Board”) of UniFirst Corporation (the “Company”), upon the recommendation of our Nominating and Corporate Governance Committee, appointed Cecilia McKenney to the Board to serve as a Class III Director effective immediately.”
Earnings Releases
UNIFIRST CORP reported fiscal 2024 results: revenue between $2.415 billion and $2.425 billion, EPS between $6.80 and $7.16. Guidance reaffirmed.
“At this time, we continue to expect our revenues for fiscal 2024 to be between $2.415 billion and $2.425 billion and fully diluted earnings per share to be between $6.80 and $7.16.”
Earnings Releases
UNIFIRST CORP reported second quarter of fiscal 2024 ended February 24, 2024 results: EPS $1.09.
“Consolidated revenues for the second quarter increased 8.8% to $590.7 million.”
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