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UniFirst Corporation

UniFirst Corporation

NYSE•UNF
CEO: Mr. Steven S. Sintros CPA
Sector: Industrials
Industry: Specialty Business Services
Listing Date: 1984-01-16
UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through United States and Canadian Rental and Cleaning; Manufacturing; Specialty Garments Rental and Cleaning; and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells various uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments. The company also rents and sells industrial wiping products, floor mats, facility management and service products, and dry and wet mops; restroom and cleaning supplies comprising air fresheners, paper products, gloves, masks, sanitizers, and hand soaps; and other textile products. In addition, it provides first aid cabinet services and other safety supplies; decontaminates and cleans work clothes, and other items that is exposed to radioactive materials; and services special cleanroom protective wear and facilities. Further, it offers a garment service options, including full-service rental programs, lease programs, and purchase programs; and safety training to a various manufacturers, retailers and service companies. The company serves automobile service centers and dealers, delivery services, food and general merchandise retailers, manufacturers, maintenance facilities, restaurants and food-related businesses, business service providers, soft and durable goods wholesalers, transportation and warehousing companies, healthcare providers, energy production, and transmission operations, government agencies, research and development laboratories, high technology companies, cleanroom operators, and utilities operating nuclear reactors, as well as other employee clothing for image, identification, protection, or utility purposes. The company was founded in 1936 and is headquartered in Wilmington, Massachusetts.
Contact Information
68 Jonspin Road, Wilmington, MA, 01887, United States
978-658-8888
www.unifirst.com
Market Cap
$2.81B
P/E (TTM)
18.8
33.5
Dividend Yield
0.9%
52W High
$243.70
52W Low
$150.32
52W Range
2%
6.0
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Strong • 6 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2015-2024

Financial Dashboard

Q4 2025 Data

Revenue

$614.45M-3.97%
4-Quarter Trend

EPS

$2.32-6.83%
4-Quarter Trend

FCF

$54.71M-14.22%
4-Quarter Trend

2025 Annual Earnings Highlights

Key Highlights

Net Income Increased Slightly Net income totaled $148.271 M for fiscal 2025, marking a 1.9% increase over the prior year's $145.474 M.
Consolidated Revenue Stable Total revenues reached $2.432 B, up 0.2%. Normalized organic growth was 1.8%, driven by Uniform Solutions segment sales.
Cash Reserves Strengthened Cash and short-term investments totaled $203.501 M, increasing $34.1 M, driven by $296.872 M in operating cash flow.
First Aid Safety Solutions Growth First Aid & Safety Solutions segment revenue grew 7.8% to $114.586 M, fueled by 10.1% growth in the first aid van business.

Risk Factors

ICFR Material Weakness Noted Material weakness in IT General Controls (ITGCs) related to CRM/legacy systems resulted in an adverse ICFR opinion from auditors.
Rising Labor Healthcare Costs Increased labor costs from wage pressure and higher healthcare claims negatively impacted operating results by $18.5 M combined.
Competition Pressures Margins Intense competition in uniform rental may force price reductions, potentially degrading gross margins and market share across segments.
Economic Geopolitical Risks Adverse economic conditions, inflation, and geopolitical conflicts like Russia/Ukraine conflict could disrupt markets and reduce customer demand.

Outlook

IT Remediation Timeline Set Management plans full remediation of the material weakness by end of fiscal 2026, focusing on IAM system and Oracle Cloud ERP implementation.
Share Repurchase Program Active Board authorized $100.0 M repurchase program; $40.6 M remained available as of August 30, 2025, following $70.9 M spent.
Active Acquisition Strategy Continues Growth strategy includes actively pursuing additional acquisition opportunities, though competition increases acquisition prices and limits candidates.
Investing in Sales Capabilities Continued investment in sales organization capabilities to support digital transformation, reflected in 8.1% increase in selling and administrative expenses.

Peer Comparison

Revenue (TTM)

ABM Industries IncorporatedABM
$8.63B
+4.3%
Robert Half Inc.RHI
$5.46B
-7.3%
TriNet Group, Inc.TNET
$5.07B
+2.0%

Gross Margin (Latest Quarter)

Brady CorporationBRC
50.4%
-1.2 pp
McGrath RentCorpMGRC
46.5%
+0.0 pp
UniFirst CorporationUNF
37.8%
+7.6 pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
CAAP$3.56B24.910.2%26.5%
BRC$3.54B18.816.5%9.1%
MATX$3.12B6.418.9%14.8%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
+0.5%
Moderate Growth
4Q Net Income CAGR
-1.6%
Stable Profitability
Cash Flow Stability
100%
Strong Cash Flow

Research & Insights

Reports
All Years
  • Form 10-K - FY 2025

    Period End: Aug 30, 2025|Filed: Oct 29, 2025|
    Revenue: $2.43B+0.0%
    |
    EPS: $8.33+0.0%
    Meet
  • Form 10-Q - Q3 2025

    Period End: May 31, 2025|Filed: Jul 9, 2025|
    Revenue: $610.78M+1.3%
    |
    EPS: $2.22+4.7%
    Beat
  • Form 10-Q - Q2 2025

    Period End: Mar 1, 2025|Filed: Apr 10, 2025|
    Revenue: $602.22M+1.9%
    |
    EPS: $1.37+20.2%
    Meet
  • Form 10-Q - Q1 2025

    Period End: Nov 30, 2024|Filed: Jan 10, 2025|
    Revenue: $604.91M+1.9%
    |
    EPS: $2.41+2.6%
    Beat
  • Form 10-K - FY 2024

    Period End: Aug 31, 2024|Filed: Nov 14, 2024|
    Revenue: $2.43B+8.7%
    |
    EPS: $8.11+40.6%
    Beat
  • Form 10-Q - Q3 2024

    Period End: May 25, 2024|Filed: Jul 3, 2024|
    Revenue: $603.23M+4.6%
    |
    EPS: $2.12+57.0%
    Beat
  • Form 10-Q - Q2 2024

    Period End: Feb 24, 2024|Filed: Apr 4, 2024|
    Revenue: $590.71M+8.8%
    |
    EPS: $1.14+15.2%
    Miss
  • Form 10-Q - Q1 2024

    Period End: Nov 25, 2023|Filed: Jan 4, 2024|
    Revenue: $593.53M+9.5%
    |
    EPS: $2.35+24.3%
    Beat