From GlobeNewswire: 2025-04-02 08:00:00

UniFirst Corporation reported strong financial results for Q2 2025, with consolidated revenues increasing by 1.9% to $602.2 million. Operating income rose by 11.7% to $31.2 million. Net income increased to $24.5 million, or 19.6%, and diluted earnings per share rose to $1.31, a 20.2% increase.

The company’s Core Laundry Operations saw revenues increase by 1.5% to $530.4 million, with an organic growth rate of 1.9%. Operating margin improved to 4.6%, and Adjusted EBITDA margin increased to 11.2%. However, costs related to Key Initiatives impacted margins by 0.3% in Q2 2025.

Specialty Garments revenue for the quarter was $44.4 million, up 2.2%, driven by growth in European nuclear operations. Operating margin decreased to 16.7%, primarily due to increased costs. Balance sheet highlights included $201.0 million in cash and no long-term debt outstanding as of March 1, 2025.

For the full fiscal year 2025, UniFirst expects revenues between $2.422 billion and $2.432 billion, with diluted earnings per share between $7.30 and $7.70. These projections consider Key Initiative costs of approximately $12.0 million. The guidance excludes future share buybacks or unexpected economic events.

Adjusted EBITDA and Adjusted EBITDA margin are non-GAAP financial measures used by UniFirst to supplement its consolidated financial results. These measures provide additional insights into the company’s performance and are presented to investors for further evaluation of underlying operating performance. Supplemental reconciliations to GAAP financial measures are provided in the report.



Read more at GlobeNewswire:: UniFirst Announces Financial Results for the Second Quarter