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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.
UniFirst Corporation (NYSE: UNF) is set to release its Fiscal 2022 second quarter results on March 30, 2022, before the market opens. A conference call will follow at 9:00 a.m. ET the same day to discuss financial outcomes, business highlights, and future outlooks. The conference may include answers to questions about earnings forecasts and financial developments, potentially revealing previously undisclosed information. UniFirst, headquartered in Wilmington, Mass., is a leader in uniform and workwear supply, servicing over 2 million workers daily.
UniFirst (NYSE: UNF) has launched its first national brand campaign, "Always Deliver," aimed at honoring essential workers. Scheduled to debut on March 17, 2022, during NCAA March Madness, the campaign includes a 60-second commercial airing on major networks. It reflects a commitment to frontline workers and features real UniFirst employees, emphasizing the company's role in supporting these individuals during the ongoing pandemic. This initiative is part of UniFirst's broader brand evolution strategy and aims to enhance its reputation as a premier uniform service provider.
UniFirst (NYSE: UNF), a leader in work uniform programs, has revealed the new paint scheme for the No. 9 UniFirst Chevrolet Camaro ZL1, driven by NASCAR champion Chase Elliott. This new design showcases UniFirst's signature green with dynamic contrasts, debuting at Phoenix Raceway on March 13, 2022. Elliott's impressive 2021 season included two wins and a top-4 Championship spot. This marks the sixth year of partnership between UniFirst and Hendrick Motorsports. The car features advanced technology and design updates, enhancing its competitiveness in the NASCAR Cup Series.
UniFirst Corporation (NYSE:UNF) announced a quarterly cash dividend of $0.30 per share for Common Stock and $0.24 per share for Class B Common Stock. These dividends will be paid on March 30, 2022, to shareholders recorded by March 9, 2022. Headquartered in Wilmington, Mass., UniFirst is a leading provider of uniform and workwear solutions in North America, servicing over 2 million workers daily.
UniFirst Corporation reported Q1 fiscal 2022 results reflecting mixed performance. Consolidated revenues increased by 8.8% to $486.2 million. However, operating income fell 20.1% to $44.8 million, and net income decreased 19.6% to $33.7 million, leading to a 19.5% drop in diluted EPS to $1.77. The financial results included $5.9 million of costs linked to CRM, ERP, and branding initiatives. Adjusted EPS was $2.00. The company revised fiscal 2022 revenue guidance to $1.940 billion - $1.955 billion with diluted EPS between $5.50 and $5.80.
UniFirst Corporation (NYSE: UNF) is set to report its Fiscal 2022 first quarter results on January 5, 2022, before market opening. A conference call will follow at 9:00 a.m. ET, discussing financial outcomes, business highlights, and future outlook. The company may provide insights on earnings forecasts and other financial matters, possibly revealing undisclosed information. UniFirst is a leader in uniform and workwear services, operating 260 service locations and serving over 2 million workers daily.
UniFirst Corporation (NYSE: UNF) reported Q4 results with a revenue increase of 8.5% to $465.3 million and net income rising 9.7% to $34.6 million. For the full fiscal year, revenues reached $1.826 billion, a 1.2% rise, while net income increased 11.3% to $151.1 million.
The company approved a 20% dividend increase and announced a new $100 million share repurchase program. Fiscal 2022 guidance projects revenues between $1.920 billion and $1.945 billion, with diluted EPS between $5.70 and $6.10.
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