UniFirst Backs FY24 Outlook; Q1 Results Top Estimates
From RTT News:
UniFirst Corp. reported first quarter fiscal 2024 financial results, with net income of $42.33 million or $2.26 per share, up from the previous year. Consolidated revenue for the quarter increased 9.5 percent to $593.53 million, beating analyst expectations. The company maintained its full-year 2024 earnings and revenue guidance, projecting earnings of $6.52 to $7.16 per share on revenues between $2.415 billion and $2.235 billion. The Street expected earnings of $2.18 per share on revenues of $589.64 million for the quarter.
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