UniFirst (NYSE:UNF) Releases FY 2025 Earnings Guidance

UniFirst (NYSE:UNF) issued an update on its FY 2025 earnings guidance on Wednesday morning. The company provided EPS guidance of 7.300-7.700 for the period, compared to the consensus EPS 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 UNF stock opened at $175.07 on Wednesday. The company has a market capitalization of $3.25 billion, a PE ratio of 22.39 and a beta of 0.89. UniFirst has a 52-week low of $149.58 and a 52-week high of $243.70. The business’s fifty day moving average is $208.08 and its 200 day moving average is $198.63.

UniFirst (NYSE:UNF) last released its quarterly earnings results on Wednesday, April 2nd. The textile maker reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.03. UniFirst had a return on equity of 7.40% and a net margin of 6.00%. The firm had revenue of $602.20 million for the quarter, compared to analysts’ expectations of $602.81 million. During the same quarter last year, the firm posted $1.09 EPS. The company’s revenue was up 1.9% compared to the same quarter last year. On average, sell-side analysts forecast that UniFirst will post 7.71 EPS for the current fiscal year.

UniFirst Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, March 28th. Shareholders of record on Friday, March 7th were paid a $0.35 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $1.40 dividend on an annualized basis and a yield of 0.80%. UniFirst’s dividend payout ratio is presently 17.90%.

Analyst Upgrades and Downgrades

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

Insider Buying and Selling at UniFirst

In other UniFirst news, VP David Martin Katz sold 1,299 shares of the company’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $210.95, for a total transaction of $274,024.05. Following the completion of the sale, the vice president now directly owns 6,455 shares in the company, valued at $1,361,682.25. This represents a 16.75 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Company insiders own 0.86% of the company’s stock.

About UniFirst

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.