Unifirst Stock Price, News & Analysis

UniFirst Corporation announced the return of the UniFirst No. 9 Chevrolet to Michigan International Speedway on June 8, 2025. The car, driven by 2020 NASCAR Cup Series champion Chase Elliott, features a new design with green and gray tones and racing stripes. This race is part of five appearances for the UniFirst No. 9 during the 2025 NASCAR Cup Series, with remaining races scheduled for August 16 at Richmond Raceway and October 5 at Charlotte Motor Speedway ROVAL. Elliott has a strong track record at Michigan with 10 top-10 finishes in 14 starts. The event marks a significant milestone as UniFirst and Hendrick Motorsports celebrate their 10-year partnership, with this being the sixth season of UniFirst sponsoring Elliott and the No. 9 team.

UniFirst Corporation's (NYSE:UNF) Owensboro Distribution and Fulfillment Center has achieved two major safety milestones: OSHA's VPP Star certification and the Governor's Safety and Health Award. The facility earned the Governor's award for the fourth time, recognizing over 1,000,000 hours without a lost time incident. The VPP Star certification, OSHA's highest safety recognition, was awarded following rigorous evaluations and audits.

The facility maintains safety through bi-weekly plant audits and quarterly evaluations across 25 operational areas. Coinciding with these achievements, UniFirst is expanding the Owensboro facility with a 109,000-square-foot project, which will bring the total footprint to nearly half a million square feet.

UniFirst Corporation (NYSE: UNF) announced that its CEO Steven S. Sintros and CFO Shane F. O'Connor will participate in the Baird 2025 Global Consumer, Technology & Services Conference on June 4, 2025. The executives will deliver a presentation at 9:40am Eastern Time at the InterContinental New York Barclay, where they will discuss business highlights and recent trends.

UniFirst is a North American leader in uniform and workwear programs, facility service products, and safety supplies. The company operates 270 service locations, serves over 300,000 customers, and employs 16,000+ Team Partners. Through its subsidiaries, UniFirst manages specialized garment programs for cleanroom and nuclear industries, and manufactures branded workwear at five ISO-9001-certified facilities, outfitting more than 2 million workers daily.

UniFirst (NYSE:UNF) has announced two significant financial decisions. The Board of Directors declared regular quarterly cash dividends of $0.350 per share on Common Stock and $0.280 per share on Class B Common Stock, both payable on June 27, 2025, to shareholders of record on June 6, 2025.

Additionally, the company's Board has authorized a new $100 million share repurchase program. This program includes the remaining amount from the previous repurchase program approved in October 2023. The repurchases will be conducted either in the open market or through private negotiations, with timing and terms dependent on various factors including market conditions, stock price, and corporate requirements.

UniFirst (NYSE: UNF) reported strong Q2 2025 financial results with consolidated revenues increasing 1.9% to $602.2 million. The company saw notable improvements in profitability with operating income rising 11.7% to $31.2 million and net income growing 19.6% to $24.5 million.

Key financial metrics include:

• Diluted EPS increased 20.2% to $1.31
• Adjusted EBITDA rose 6.3% to $68.9 million
• Core Laundry Operations revenue grew 1.5% to $530.4 million
• Cash flow from operations improved 20.2% to $128.3 million

The company maintains a strong balance sheet with $201.0 million in cash and no long-term debt. Management updated fiscal 2025 guidance, projecting revenues between $2.422-2.432 billion and diluted EPS of $7.30-7.70.

Cintas (CTAS) has announced the termination of discussions with UniFirst (UNF) regarding a proposed acquisition. The offer valued UniFirst at $275.00 per share in cash, representing a 46% premium over UniFirst's ninety-day average closing price as of January 6, 2025.

According to CEO Todd Schneider, despite several weeks of engagement with UniFirst and its advisors, the companies were unable to reach an agreement on key transaction terms. Cintas maintains that the proposed deal would have delivered significant value for both customers and shareholders.

Moving forward, Cintas will continue its growth strategy through disciplined M&A activities and investments in technology initiatives to drive innovation and efficiency.

UniFirst (NYSE:UNF) has announced a groundbreaking ceremony for a major expansion of its Owensboro, Kentucky Distribution and Fulfillment Center. The $28 million investment will add 109,000 square feet to the facility, bringing its total size to 469,000 square feet.

The facility, which currently employs over 520 local Team Partners, is North America's largest personalization and emblem manufacturing operation, processing over 20 million garments annually. The expansion will feature advanced robotics, smart conveyors, and a new Warehouse Management System.

Construction will begin in March 2025, with partial occupancy expected by October 2025 and full completion by early 2026. The project includes sustainable features such as high-efficiency HVAC systems and LED lighting. The facility holds both ISO 9001 certification and OSHA's VPP Star certification.

UniFirst (NYSE:UNF) has unveiled its redesigned No. 9 Chevrolet Camaro for the 2025 NASCAR Cup Series season. The new design will debut at Homestead-Miami Speedway on March 23, 2025, driven by Chase Elliott, the 2020 Cup Series champion.

The car features UniFirst's signature green color scheme with gray tones, racing stripes, and the company's U-Mark symbol. It will appear in five races during the 2025 season:

• March 23 - Homestead-Miami Speedway
• April 6 - Darlington Raceway
• June 8 - Michigan International Speedway
• August 16 - Richmond Raceway
• October 5 - Charlotte Motor Speedway ROVAL

A special throwback scheme will be featured at Darlington Raceway, combining UniFirst's brand style with NASCAR heritage. This marks the 10th year of UniFirst's partnership with Hendrick Motorsports and sixth year sponsoring Elliott and the No. 9 team.

UniFirst (NYSE: UNF) has scheduled to announce its Fiscal 2025 second quarter financial results on April 2, 2025 before market opening. The company will host a conference call at 9:00 a.m. Eastern Time on the same day to discuss quarterly results, business highlights, and outlook.

The conference call will include discussions about business and financial developments, earnings forecasts, and other company matters, potentially revealing previously undisclosed information. A live webcast and replay will be available at http://investors.unifirst.com.

UniFirst is a North American leader in uniform and workwear programs, facility services, and safety supplies. The company operates 5 ISO-9001-certified manufacturing facilities, serves over 300,000 customer locations through 270 service locations, and employs 16,000-plus Team Partners, outfitting more than 2 million workers daily.