UniFirst Announces Financial Results for the Second Quarter of Fiscal 2023
Unifirst Corporation (UNF)
Last unifirst corporation earnings: 4/1 08:00 am
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US:NYSE Investor Relations:
investors.unifirst.com/investor-overview
Company Research
Source: GlobeNewswire
WILMINGTON, Mass., March 29, 2023 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its second quarter ended February 25, 2023 as compared to the corresponding period in the prior fiscal year: Q2 2023 Financial Highlights Consolidated revenues increased 11.5% to $542.7 million.Operating income was $20.7 million, a decrease of 8.4%.The quarterly tax rate increased to 24.6% compared to 19.0% in the prior year.Net income decreased to $17.8 million from $18.5 million in the prior year, or 3.5%.Diluted earnings per share decreased to $0.95 from $0.97 in the prior year, or 2.1%. The Company's financial results for the second quarter of fiscal 2023 and 2022 included approximately $9.1 million and $6.7 million, respectively, of costs directly attributable to its CRM, ERP and branding initiatives (the "Key Initiatives"). In addition, the Company incurred costs related to the acquisition of Clean Uniform du
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News
- UniFirst's New ERP, And M&A Improved Dividend Growth Expectations [Seeking Alpha]Seeking Alpha
- UniFirst: Stronger Revenue Growth But Still Lacks Margin Of Safety [Seeking Alpha]Seeking Alpha
- UniFirst completes rooftop solar panel projects to advance Companywide conservation and sustainability goals [Yahoo! Finance]Yahoo! Finance
- UniFirst completes rooftop solar panel projects to advance Companywide conservation and sustainability goalsPR Newswire
- UniFirst Co. (NYSE: UNF) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
UNF
Earnings
- 3/27/24 - Miss
UNF
Sec Filings
- 4/4/24 - Form 10-Q
- 3/27/24 - Form 8-K
- 2/14/24 - Form 4
- UNF's page on the SEC website