UniFirst Corporation Stock News

WILMINGTON, Mass. , Jan. 30, 2025 /PRNewswire/ --  UniFirst Corporation ( :UNF) , a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, has announced a $28-million expansion of its Owensboro, Kentucky Distribution and Fulfillment Center.

WILMINGTON, Mass. , Jan. 22, 2025 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, has published its FY 2024 Environmental, Social, and Governance (ESG) Report.

WILMINGTON, Mass., Jan. 14, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular 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 March 28, 2025 to shareholders of record on March 7, 2025.

I recommend a Hold rating for UniFirst Corporation. UNF reported 1.9% y/y revenue growth, but declining net wearer levels and a challenging pricing environment are concerns. Elevated operating expenses from technology and ERP investments may negatively impact near-term margins.

UniFirst Corporation (NYSE:UNF ) Q1 2025 Earnings Call Transcript January 8, 2025 9:00 AM ET Company Participants Steven Sintros - President and CEO Shane O'Connor - EVP and CFO Conference Call Participants Andrew Wittmann - Baird Ronan Kennedy - Barclays Kartik Mehta - Northcoast Research Josh Chan - UBS Tim Mulrooney - William Blair Operator Good day and thank you for standing by. Welcome to ...

WILMINGTON, Mass., Jan. 08, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its first quarter ended November 30, 2024 as compared to the corresponding period in the prior fiscal year:

WILMINGTON, Mass., Jan. 07, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”) today confirmed that in November and December 2024, its Board of Directors received and unanimously rejected an unsolicited, non-binding and highly conditional proposal from Cintas Corporation to acquire all outstanding common and Class B shares of UniFirst for $275.00 per share.

CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today announced that it submitted a proposal to the Board of Directors of UniFirst Corporation (NYSE: UNF) to acquire all outstanding common and class B shares of UniFirst for $275.00 per share (the “Proposal”) in cash. The Proposal implies a total value for UniFirst of approximately $5.3 billion and offers UniFirst shareholders a 4...