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Unifirst Corp - UNF STOCK NEWS

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UniFirst Corporation (NYSE: UNF), headquartered in Wilmington, Mass., stands as a North American leader in providing managed uniform and workwear programs, along with a wide range of ancillary facility services. The company extends its offerings to first aid and safety products and specializes in workwear programs for the cleanroom and nuclear industries. UniFirst also manufactures its own branded work clothing, protective garments, and floorcare products, operating over 250 locations across North America. Serving more than 300,000 business customers, UniFirst employs 14,000 team members and outfits nearly 2 million workers daily through its managed rental, lease, and purchase programs.

The company's core business is divided into several segments: The U.S. and Canadian Rental and Cleaning segment, which rents and sells uniforms and non-garment items while offering cleaning services; the Manufacturing segment, which designs and produces these items; the Specialty Garments segment, targeting the nuclear and cleanroom sectors; and the First Aid segment, providing safety supplies and pill packaging. Lastly, the Corporate segment integrates various associated costs.

UniFirst's mission is to be the foremost provider of quality uniform products and services. This objective fuels its continuous customer focus, enabling growth, equitable returns on investment, and the creation of development opportunities for its employees.

Recently, UniFirst has expanded its footprint by opening a state-of-the-art, 70,000 square-foot uniform service and processing facility in Taylor, Michigan. This new plant, designed to meet the needs of the rapidly growing customer base in the metro Detroit area, incorporates the latest innovations in textile services technologies and automation. The facility emphasizes energy efficiency and environmental sustainability through advanced machinery and eco-friendly cleaning formulas.

UniFirst's partnership with Hendrick Motorsports highlights its involvement in high-profile ventures. For the 2024 NASCAR season, UniFirst will serve as the primary sponsor for five races, featuring Chase Elliott driving the No. 9 UniFirst Chevrolet Camaro ZL1. This partnership signifies UniFirst's commitment to broadening its brand visibility and strengthening relationships within the sports and automotive industries.

For more information on UniFirst’s extensive range of products and services, visit UniFirst.com or contact them at 888.296.2740.

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UniFirst (NYSE: UNF) will release its Fiscal 2024 third-quarter results on June 26, 2024, before the market opens. The company will also hold a conference call at 9:00 a.m. Eastern Time on the same day to discuss financial results, business highlights, and future outlook. A live webcast of the conference call will be available at the company's investor relations website.

UniFirst, headquartered in Wilmington, Mass., specializes in supplying and servicing uniform and workwear programs, facility service products, and first aid supplies. The company has over 270 service locations and serves more than 300,000 customer locations with 16,000 employees, outfitting over 2 million workers daily.

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UniFirst (NYSE:UNF) held its annual Ronald D. Croatti Memorial Golf Tournament at Black Swan Country Club in Georgetown, MA, raising nearly $50,000 for five local charities. The event, in honor of the late Chairman, CEO, and President Ronald Croatti, attracted more than 90 golfers and 30 corporate sponsors. The raised funds contribute to UniFirst's total charitable donations, now exceeding $200,000. Benefiting charities include Buzz Off for Kids With Cancer and the Greater Boston Food Bank. Steven Sintros, UniFirst's current CEO, expressed gratitude for the sponsors' support and commitment to community service.

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UniFirst (NYSE: UNF) executives will participate in the Baird 2024 Global Consumer, Technology & Services Conference on June 6, 2024. They will discuss recent business trends and highlights of UniFirst's operations.

UniFirst is a North American leader in uniform and workwear programs, facility services, first aid and safety products, and specialized garment programs. With over 270 service locations and 300,000 customer locations, UniFirst outfits over 2 million workers daily.

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UniFirst (NYSE: UNF) is set to hold a ribbon-cutting ceremony for its new 70,000 square-foot uniform service and processing facility in Taylor, Michigan. The state-of-the-art facility will cater to the growing customer base in the Taylor and Metro Detroit areas, offering personalized service programs for uniforms, workwear, facility service products, and more. The expansion demonstrates UniFirst's commitment to providing exceptional service and innovative textile technologies, supporting energy efficiencies and eco-conscious practices.

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UniFirst (UNF) partners with HOLT Renewables to complete rooftop solar panel projects at multiple industrial laundry facilities, aiming to achieve environmental sustainability goals and long-term energy cost savings.
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UniFirst (UNF) declares regular quarterly cash dividends for its Common Stock and Class B Common Stock. The dividends of $0.330 per share for Common Stock and $0.264 per share for Class B Common Stock are payable on June 28, 2024. UniFirst is a leader in uniform and workwear programs, facility services, and specialized garment programs.
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UniFirst (UNF) partners with Hendrick Motorsports for a special race at Martinsville Speedway, featuring a ruby red paint scheme to mark Hendrick's 40th anniversary. The race, set for April 7, will showcase the No. 9 UniFirst Chevrolet Camaro ZL1 driven by Chase Elliott. UniFirst's strong relationship with Hendrick Motorsports is highlighted, with the race paying tribute to the team's legacy and past victories at Martinsville.
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UniFirst (UNF) reports strong Q2 2024 results with revenue growth of 8.8% to $590.7 million. Operating income increased by 34.9% to $27.9 million. Net income rose to $20.5 million, up 14.9% from the prior year. Earnings per share grew by 14.7% to $1.09. EBITDA also saw a significant increase to $62.5 million. The company's Core Laundry Operations and Specialty Garments segments showed positive growth. UniFirst remains debt-free with $101.9 million in cash and short-term investments. The company reaffirmed its fiscal 2024 revenue guidance of $2.415 billion to $2.425 billion and earnings per share between $6.80 and $7.16.
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UniFirst (UNF) partners with Hendrick Motorsports to debut No. 9 UniFirst Chevrolet Camaro ZL1 driven by Chase Elliott at Richmond Raceway for the 2024 NASCAR season. The primary sponsorship extends to five races, showcasing the company's signature green color and logo designs on the car and fire suits.
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UniFirst Corporation (NYSE: UNF) will release its Fiscal 2024 second quarter results on March 27, 2024, followed by a conference call to discuss financial performance and business outlook. Headquartered in Wilmington, Mass., UniFirst is a leader in uniform and workwear programs, facility services, and safety supplies.
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FAQ

What is the current stock price of Unifirst (UNF)?

The current stock price of Unifirst (UNF) is $229.22 as of January 22, 2025.

What is the market cap of Unifirst (UNF)?

The market cap of Unifirst (UNF) is approximately 4.2B.

What services does UniFirst Corporation offer?

UniFirst provides managed uniform and workwear programs, first aid and safety products, and facility services.

Where is UniFirst Corporation headquartered?

UniFirst Corporation is headquartered in Wilmington, Massachusetts.

How many employees does UniFirst have?

UniFirst employs approximately 14,000 team members.

What are the main business segments of UniFirst?

UniFirst's main segments include U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments, First Aid, and Corporate.

How many locations does UniFirst operate?

UniFirst operates over 250 locations across North America.

What industries does UniFirst serve?

UniFirst serves various industries, including the cleanroom, nuclear, and general business sectors.

What recent expansions has UniFirst undertaken?

UniFirst recently opened a new 70,000 square-foot facility in Taylor, Michigan to serve the metro Detroit area.

Who are UniFirst's notable partners?

UniFirst partners with Hendrick Motorsports and various business clients across North America.

What is UniFirst's corporate mission?

UniFirst's mission is to be the leading provider of quality uniform products and services, focusing on customer satisfaction and employee development.

How can I learn more about UniFirst's services?

For more information, visit UniFirst's website at UniFirst.com or contact them at 888.296.2740.
Unifirst Corp

NYSE:UNF

UNF Rankings

UNF Stock Data

4.18B
14.89M
0.76%
97.73%
0.88%
Specialty Business Services
Services-personal Services
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United States of America
WILMINGTON