The earnings call presented a mix of positive financial metrics and growth in specific segments, offset by challenges such as declining net wearer levels and increased costs. The company's confidence in future growth and value creation opportunities was noted, despite a challenging pricing environment.
Company Guidance
During UniFirst Corporation's Q1 2025 earnings call, several key financial metrics were highlighted. The company reported first-quarter revenues of $604.9 million, marking a 1.9% increase from the previous year. Operating income rose by 4.5% to $55.5 million, while adjusted EBITDA saw a 5.9% increase to $94 million. Net income for the quarter improved to $43.1 million, or $2.31 per diluted share. The Core Laundry Operations segment contributed $532.7 million in revenues, a 1.7% rise, and maintained an operating margin of 8.1%. Specialty Garments and First Aid segments also reported revenue growth of 2.9% and 5.4%, respectively. The company maintained a solid balance sheet with no long-term debt and $181 million in cash and equivalents, while operating cash flows increased by 27.3%. Looking ahead, UniFirst expects fiscal 2025 revenues between $2.425 billion and $2.440 billion and diluted EPS between $6.79 and $7.19, despite a challenging pricing environment affecting retention rates.
Revenue Growth
First quarter revenues were $604.9 million, an increase of 1.9% from fiscal 2024.
Increase in Operating Income and Adjusted EBITDA
Operating income and adjusted EBITDA increased by 4.5% and 5.9%, respectively, compared to the first quarter of fiscal 2024.
Strong Operating Cash Flows
Operating cash flows increased by 27.3% compared to the same quarter a year ago.
Specialty Garments and First Aid Segment Growth
Specialty Garments segment revenues increased by 2.9%, and First Aid segment revenues increased by 5.4%.
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UniFirst (UNF) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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UNF Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jan 08, 2025
$204.69
$214.48
+4.78%
Oct 23, 2024
$189.59
$183.67
-3.12%
Jun 26, 2024
$153.92
$175.42
+13.97%
Mar 27, 2024
$166.20
$171.10
+2.95%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does UniFirst (UNF) report earnings?
UniFirst (UNF) is schdueled to report earning on Mar 26, 2025, TBA Not Confirmed.
What is UniFirst (UNF) earnings time?
UniFirst (UNF) earnings time is at Mar 26, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.