Sector: Industrials | Industry: Business Support Services |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 68 Jonspin Rd WILMINGTON MA 01887-1090 |
Tel: | 1-978-6588888 |
Website: | https://unifirst.com |
IR: | See website |
Key People | ||
Steven S. Sintros President, Chief Executive Officer, Director | Shane F. O'Connor Chief Financial Officer, Executive Vice President | David Martin Katz Executive Vice President - Sales and Marketing |
Michael A. Croatti Executive Vice President - Operations | David A. DiFillippo Executive Vice President - Operations | William M. Ross Executive Vice President - Operations |
Business Overview |
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. |
Financial Overview |
For the 26 weeks ended 24 February 2024, UniFirst Corp revenues increased 9% to $1.18B. Net income increased 21% to $62.8M. Revenues reflect US & Canadian rental and Cleaning segment increase of 10% to $1.02B, First-Aid segment increase of 13% to $49.7M, MFG segment increase of 3% to $156.1M. Net income benefited from Net Interco MFG Elim segment loss decrease of 66% to $4.4M, US & Canadian rental and Cleaning segment income increase of 4% to $153M. |
Employees: | 16,000 as of Aug 26, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,999M as of Feb 24, 2024 |
Annual revenue (TTM): | $2,333M as of Feb 24, 2024 |
EBITDA (TTM): | $304.34M as of Feb 24, 2024 |
Net annual income (TTM): | $114.69M as of Feb 24, 2024 |
Free cash flow (TTM): | $65.61M as of Feb 24, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 18,658,351 as of Mar 28, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |