UniFirst (NYSE:UNF) Updates FY 2025 Earnings Guidance

UniFirst (NYSE:UNFGet Free Report) updated its FY 2025 earnings guidance on Wednesday. The company provided earnings per share guidance of 7.300-7.700 for the period, compared to the consensus earnings per share estimate of 7.770. The company issued revenue guidance of $2.4 billion-$2.4 billion, compared to the consensus revenue estimate of $2.4 billion. UniFirst also updated its FY25 guidance to $7.30-7.70 EPS.

UniFirst Stock Performance

Shares of NYSE:UNF opened at $176.50 on Thursday. UniFirst has a 1-year low of $149.58 and a 1-year high of $243.70. The company’s fifty day moving average is $207.03 and its two-hundred day moving average is $198.47. The stock has a market capitalization of $3.28 billion, a price-to-earnings ratio of 22.57 and a beta of 0.89.

UniFirst (NYSE:UNFGet Free Report) last announced its quarterly earnings results on Wednesday, April 2nd. The textile maker reported $1.31 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.34 by ($0.03). The business had revenue of $602.20 million for the quarter, compared to analyst estimates of $602.81 million. UniFirst had a return on equity of 7.40% and a net margin of 6.00%. The company’s revenue was up 1.9% compared to the same quarter last year. During the same quarter last year, the firm posted $1.09 EPS. Sell-side analysts expect that UniFirst will post 7.71 EPS for the current fiscal year.

UniFirst Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Stockholders of record on Friday, March 7th were paid a dividend of $0.35 per share. This represents a $1.40 annualized dividend and a dividend yield of 0.79%. The ex-dividend date of this dividend was Friday, March 7th. UniFirst’s dividend payout ratio is presently 17.90%.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on UNF. UBS Group reduced their price objective on UniFirst from $235.00 to $194.00 and set a “neutral” rating for the company in a research note on Tuesday, March 25th. StockNews.com downgraded UniFirst from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 8th.

View Our Latest Analysis on UNF

Insider Buying and Selling

In other UniFirst news, VP David Martin Katz sold 1,299 shares of the business’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $210.95, for a total transaction of $274,024.05. Following the transaction, the vice president now owns 6,455 shares of the company’s stock, valued at $1,361,682.25. The trade was a 16.75 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.86% of the stock is currently owned by company insiders.

UniFirst Company Profile

(Get Free Report)

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments.

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Earnings History and Estimates for UniFirst (NYSE:UNF)

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