UniFirst Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended May 24, 2024
June 26, 2024 at 08:00 am
Share
UniFirst Corporation reported earnings results for the third quarter and nine months ended May 24, 2024. For the third quarter, the company reported sales was USD 603.33 million compared to USD 576.67 million a year ago. Net income was USD 38.06 million compared to USD 24.28 million a year ago. Basic earnings per share from continuing operations was USD 1.7 compared to USD 1.08 a year ago.
For the nine months, sales was USD 1,787.56 million compared to USD 1,661.16 million a year ago. Net income was USD 100.84 million compared to USD 76.04 million a year ago. Basic earnings per share from continuing operations was USD 4.49 compared to USD 3.39 a year ago.
UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States. The Company operates through five segments: The U.S. and Canadian Rental and Cleaning, Manufacturing (MFG), Specialty Garments Rental and Cleaning (Specialty Garments), First Aid and Corporate. The U.S. and Canadian Rental and Cleaning segment purchases, rents, cleans, delivers, and sells, uniforms and protective clothing and non-garment items in the United States and Canada. The MFG segment designs and manufactures uniforms and non-garment items primarily for the purpose of providing these goods to the United States and Canadian Rental and Cleaning segment. The Specialty Garments segment purchases, rents, cleans, delivers, and sells, specialty garments and non-garment items primarily for nuclear and cleanroom applications and provides cleanroom cleaning services at limited customer locations. The First Aid segment sells first aid cabinet services and other safety supplies.
UNIFIRST CORPORATION 
