WILMINGTON, Mass., Dec. 10, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2025 first quarter results on January 8, 2025 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on January 8, 2025 to discuss its quarterly financial results, business highlights and outlook. In addition, the Company may answer one or more qu...
Happy Thanksgiving! Enjoy the holiday season and dividend raises. Fourteen companies increased dividends this week, with Lancaster Colony extending its 62-year streak by 5.6%. The average dividend increase is 5.5%, and McDonald's will become a dividend king next year with a 49-year streak. My strategy involves buying, holding, and adding to companies that consistently increase dividends and bea...
WILMINGTON, Mass., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Wilmington, MA (October 29, 2024) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared increased quarterly cash dividends of $0.350 per share (35.0 cents) on the Company's Common Stock and $0.280 per share (28.0 cents) on the Company's Class B Common Stock. Both dividends are payable on January 3, 2025 to shareholders o...
I downgraded UniFirst Corp. from buy to hold due to disappointing FY25 growth and margin outlook, despite a decent 4Q24 performance. Core Laundry segment growth decelerated for the seventh consecutive quarter, with management guiding only 1.3%-2.3% y/y growth for FY25. Pricing and volume headwinds, including negative add-stops and high inflation, are expected to impact growth and margins signif...
WILMINGTON, Mass., Oct. 23, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its fourth quarter and full year ended August 31, 2024, as compared to the corresponding periods in the prior fiscal year. The fourth quarter as well as the full year included an extra week compared to the prior year.
Celebrates 70 Years of Service in the Central New York Market WILMINGTON, Mass. , Oct. 7, 2024 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, proudly announces the grand opening of its advanced uniform service and processing facility in Liverpool, New York.
WILMINGTON, Mass., Oct. 04, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”), a North American leader in the supply and servicing of uniform and workwear programs, facility service products, and first aid and safety supplies, today issued the following statement related to recent industry activity:
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