The Latest Breaking News from UniFirst

UniFirst Corp (NYSE:UNF) reported third-quarter FY22 sales growth of 10.2% year-on-year to $511.5 million, beating the consensus of $501.03 million. Adjusted EPS of $1.77 missed the consensus of $1.90. Revenues from core laundry operations increased 10% Y/Y to $450 million, and specialty garments rose 7.7% Y/Y to $41.2 million. Operating income declined…

  UniFirst (NYSE:UNF) reported its Q3 earnings results on Wednesday, June 29, 2022 at 08:00 AM. Here's what investors need to know about the announcement.

UniFirst (NYSE:UNF) is set to give its latest quarterly earnings report on Wednesday, 2022-06-29. Here's what investors need to know before the announcement. Analysts estimate that UniFirst will report an earnings per share (EPS) of $1.90.

JPMorgan analyst Andrew Steinerman downgraded UniFirst Corp (NYSE:UNF) to Underweight from Neutral, reflecting on the Q2 EPS miss and mixed FY22 outlook. The analyst also lowered the price target to $178 (a downside of 1.4%) from $200. The analyst notes management's dim visibility into cost and margin headwinds and the company's financial performance amid…