UniFirst (UNF) Expected to Announce Quarterly Earnings on Wednesday

UniFirst (NYSE:UNF) is projected to announce its earnings results before the market opens on Wednesday, April 2nd. Analysts expect the company to announce earnings of $1.28 per share and revenue of $602.81 million for the quarter. UniFirst has set its FY 2025 guidance at 6.790-7.190 EPS.Parties interested in participating in the company’s conference call can do so using this link.

UniFirst (NYSE:UNF) last issued its earnings results on Wednesday, January 8th. The textile maker reported $2.31 EPS for the quarter, topping the consensus estimate of $2.22 by $0.09. The company had revenue of $604.91 million for the quarter, compared to analyst estimates of $606.60 million. UniFirst had a net margin of 6.00% and a return on equity of 7.40%. The business’s revenue was up 1.9% on a year-over-year basis. During the same period in the previous year, the firm earned $2.26 EPS. On average, analysts expect UniFirst to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

UniFirst Stock Down 0.1 %

Shares of UNF opened at $173.79 on Tuesday. UniFirst has a 52-week low of $149.58 and a 52-week high of $243.70. The company has a 50-day simple moving average of $209.13 and a 200-day simple moving average of $198.72. The company has a market capitalization of $3.23 billion, a PE ratio of 22.22 and a beta of 0.89.

UniFirst Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 7th were issued a $0.35 dividend. The ex-dividend date was Friday, March 7th. This represents a $1.40 dividend on an annualized basis and a yield of 0.81%. UniFirst’s dividend payout ratio (DPR) is presently 17.90%.

Wall Street Analysts Forecast Growth

UNF has been the subject of a number of research analyst reports. StockNews.com cut UniFirst from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, January 8th. UBS Group lowered their price objective on shares of UniFirst from $235.00 to $194.00 and set a “neutral” rating on the stock in a research note on Tuesday, March 25th.

Insider Activity at UniFirst

In other UniFirst news, VP David Martin Katz sold 1,299 shares of the firm’s stock in a transaction 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 completion of the transaction, the vice president now owns 6,455 shares of the company’s stock, valued at approximately $1,361,682.25. This trade represents a 16.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. 0.86% of the stock is owned by corporate insiders.

UniFirst Company Profile

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.