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Unifirst Corp - UNF STOCK NEWS

Welcome to our dedicated page for Unifirst news (Ticker: UNF), a resource for investors and traders seeking the latest updates and insights on Unifirst stock.

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.

News
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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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UniFirst Corporation (NYSE: UNF) declares regular quarterly cash dividends of $0.330 per share on the Company's Common Stock and $0.264 per share on the Company's Class B Common Stock. Both dividends are payable on March 29, 2024 to shareholders of record on March 8, 2024. UniFirst is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, as well as first aid and safety supplies and services. The Company also manages specialized garment programs for the cleanroom and nuclear industries, and manufactures its own branded workwear, protective clothing, and floorcare products at its five company-owned ISO-9001-certified manufacturing facilities. UniFirst outfits more than 2 million workers every day.
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UniFirst Corporation (NYSE: UNF) reported strong first quarter financial results, with a 9.5% increase in consolidated revenues to $593.5 million. Operating income rose by 22.4% to $53.1 million, and net income increased by 24.6% to $42.3 million. Diluted earnings per share also saw a significant increase of 24.9% to $2.26. The company's financial outlook for fiscal 2024 remains positive, with expected revenues between $2.415 billion and $2.435 billion and diluted earnings per share between $6.52 and $7.16.
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UniFirst Corporation (UNF) announces primary race sponsorship schedule for 2024 NASCAR season with 14-time champions Hendrick Motorsports. No. 9 UniFirst Chevrolet Camaro ZL1 to appear in five races, up from three last year. UniFirst reveals distinctive paint scheme and fire suits for the upcoming season.
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UniFirst Corporation (NYSE: UNF) will report its Fiscal 2024 first quarter results on January 3, 2024. The Company is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, as well as first aid and safety supplies and services. With more than 270 service locations, over 300,000 customer locations, and 16,000-plus employee Team Partners, the Company outfits more than 2 million workers every day.
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UniFirst Corporation declares increased dividends and authorizes share repurchase program
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FAQ

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

The current stock price of Unifirst (UNF) is $179.13 as of December 20, 2024.

What is the market cap of Unifirst (UNF)?

The market cap of Unifirst (UNF) is approximately 3.3B.

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

3.27B
14.92M
0.76%
98.09%
1.07%
Specialty Business Services
Services-personal Services
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United States of America
WILMINGTON