Vestis sees FY25 revenue $2.8B -$2.83B, consensus $2.84B

The company expects fiscal 2025 revenue to be in the range of $2.8 B to $2.83B and fiscal 2025 Adjusted EBITDA to be in the range of $345M to $360M. The Company’s fiscal 2025 guidance is provided on a normalized 52-week fiscal year basis. Fiscal 2025 reported financials will include the impact of a 53rd week, with the extra week impacting the fourth quarter. The company’s strategic imperatives include disciplined capital allocation with deleveraging as a priority. The Company continues to expect strong free cash flow conversion and anticipate a ratio of free cash flow to Adjusted EBITDA of approximately 50%.