UniFirst Corporation Issues Statement Related to Recent Industry Activity
UniFirst (NYSE: UNF), a leading North American supplier of uniform and workwear programs, facility service products, and safety supplies, has issued a statement addressing recent industry rumors. The company confirmed that it had contacted Elis SA to inquire about rumors regarding Elis's potential entry into the U.S. market. UniFirst clarified that these discussions were not intended to solicit an offer and have since concluded.
UniFirst stated that it does not anticipate further discussions with Elis. The company expressed enthusiasm about its ongoing investments in people, technology, and infrastructure, emphasizing its belief in its significant long-term potential.
UniFirst (NYSE: UNF), un fornitore leader nordamericano di programmi di uniformi e abbigliamento da lavoro, prodotti per servizi di struttura e forniture di sicurezza, ha rilasciato una dichiarazione riguardante recenti voci nel settore. L'azienda ha confermato di aver contattato Elis SA per informarsi su voci riguardanti l'eventuale ingresso di Elis nel mercato statunitense. UniFirst ha chiarito che queste discussioni non erano destinate a sollecitare un'offerta e si sono concluse.
UniFirst ha dichiarato che non prevede ulteriori discussioni con Elis. L'azienda ha espresso entusiasmo riguardo ai suoi investimenti continua negli individui, nella tecnologia e nelle infrastrutture, sottolineando la propria convinzione nel significativo potenziale a lungo termine.
UniFirst (NYSE: UNF), un proveedor líder en Norteamérica de programas de uniformes y ropa de trabajo, productos de servicios para instalaciones y suministros de seguridad, ha emitido un comunicado abordando rumores recientes de la industria. La empresa confirmó que había contactado a Elis SA para preguntar sobre rumores relacionados con la posible entrada de Elis en el mercado estadounidense. UniFirst aclaró que estas discusiones no tenían la intención de solicitar una oferta y que ya han concluido.
UniFirst declaró que no anticipa más discusiones con Elis. La empresa expresó entusiasmo acerca de sus inversiones continuas en personas, tecnología e infraestructura, enfatizando su creencia en su significativo potencial a largo plazo.
유니퍼스트 (NYSE: UNF)는 북미의 유니폼 및 작업복 프로그램, 시설 서비스 제품, 안전 용품의 선도적인 공급업체로서 최근 업계 루머에 대한 성명을 발표했습니다. 이 회사는 엘리스 SA에 연락하여 엘리스의 미국 시장 진출 가능성에 대한 루머에 대해 문의했다고 확인했습니다. 유니퍼스트는 이러한 논의가 제안을 요청하기 위한 것이 아니라는 점을 분명히 했으며, 이후 논의는 종료되었다고 밝혔습니다.
유니퍼스트는 엘리스와의 추가 논의를 예상하지 않는다고 밝혔습니다. 회사는 인재, 기술 및 인프라에 대한 지속적인 투자에 대해 열정을 표현하며, 장기적으로 상당한 잠재성을 믿고 있다고 강조했습니다.
UniFirst (NYSE: UNF), un fournisseur leader en Amérique du Nord de programmes d'uniformes et de vêtements de travail, de produits de services d'établissement et de fournitures de sécurité, a publié un communiqué concernant des rumeurs récentes dans l'industrie. L'entreprise a confirmé avoir contacté Elis SA pour s'enquérir de rumeurs concernant l'éventuelle entrée d'Elis sur le marché américain. UniFirst a clarifié que ces discussions n'avaient pas pour but de solliciter une offre et qu'elles sont désormais terminées.
UniFirst a déclaré qu'elle ne prévoyait pas d'autres discussions avec Elis. L'entreprise a exprimé son enthousiasme pour ses investissements continus dans le personnel, la technologie et l'infrastructure, en soulignant sa conviction dans son potentiel significatif à long terme.
UniFirst (NYSE: UNF), ein führender nordamerikanischer Anbieter von Uniform- und Arbeitskleidungsprogrammen, Facility-Service-Produkten und Sicherheitsbedarf, hat eine Erklärung zu jüngsten Branchengerüchten abgegeben. Das Unternehmen bestätigte, dass es Elis SA kontaktiert hat, um Informationen über die Gerüchte bezüglich Elis' möglichem Eintritt in den US-Markt einzuholen. UniFirst stellte klar, dass diese Gespräche nicht darauf abzielten, ein Angebot zu soliciteren, und seitdem beendet wurden.
UniFirst gab an, dass keiner weiteren Gespräche mit Elis geplant sind. Das Unternehmen äußerte Begeisterung über seine fortlaufenden Investitionen in Menschen, Technologie und Infrastruktur und betonte seinen Glauben an sein erhebliches langfristiges Potenzial.
- UniFirst proactively addressed market rumors, demonstrating transparency
- The company reaffirmed its focus on internal investments for long-term growth
- Discussions with Elis SA have ended, potentially closing off strategic opportunities
Insights
This statement from UniFirst addresses market rumors but doesn't significantly impact the company's financial outlook. The key points are:
- UniFirst contacted Elis SA to clarify rumors about Elis entering the U.S. market
- Discussions with Elis have ended
- No future discussions with Elis are anticipated
- UniFirst reaffirms its focus on internal investments and long-term potential
While this clarifies UniFirst's position, it doesn't introduce any material changes to the company's operations or financial prospects. The statement appears aimed at quelling speculation rather than announcing any strategic shifts. For investors, this news is largely neutral, maintaining the status quo for UniFirst's market position and growth strategy.
WILMINGTON, Mass., Oct. 04, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”), a North American leader in the supply and servicing of uniform and workwear programs, facility service products, and first aid and safety supplies, today issued the following statement related to recent industry activity:
UniFirst is regularly in contact with other companies in the industry related to various business matters. Following recent market rumors related to Elis SA (“Elis”) and its potential entry into the U.S. market, UniFirst contacted Elis to better understand those rumors and not with the intent of soliciting an offer. Those discussions have ended and, at this time, UniFirst does not anticipate holding future discussions with Elis.
The Company is excited about the investments it continues to make in its people, technology, and infrastructure to support the business and believes that it has significant long-term potential.
About UniFirst Corporation
Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) 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. Together with its subsidiaries, the company also manages specialized garment programs for the cleanroom and nuclear industries. In addition to partnering with leading brands, UniFirst manufactures its own branded workwear, protective clothing, and floorcare products at its three company-owned ISO-9001-certified manufacturing facilities. 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. For additional information, contact UniFirst at 888.296.2740 or visit UniFirst.com. Follow UniFirst on Social Media: LinkedIn, Facebook, X, YouTube, Instagram.
Forward-Looking Statements Disclosure
This public announcement contains forward-looking statements within the meaning of the federal securities laws that reflect the Company's current views with respect to future events. Forward-looking statements contained in this public announcement are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995 and may be identified by words such as “anticipates,” “continues,” “believes,” “long-term,” “future,” “potential,” or the negative versions thereof, and similar expressions and by the context in which they are used. Such forward-looking statements are based upon our current expectations and speak only as of the date made. Such statements are highly dependent upon a variety of risks, uncertainties and other important factors that could cause actual results to differ materially from those reflected in such forward-looking statements. Such factors include, but are not limited to, our ability to execute on our strategies, and the other factors described under Part I, Item 1A. “Risk Factors” and elsewhere in our Annual Report on Form 10-K for the year ended August 26, 2023, Part II, Item 1A. “Risk Factors” and elsewhere in our subsequent Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to update any forward-looking statements to reflect events or circumstances arising after the date on which they are made.
Contact:
Shane O’Connor
EVP and Chief Financial Officer
978-658-8888
Shane_OConnor@unifirst.com
FAQ
What was UniFirst's response to rumors about Elis SA entering the U.S. market?
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