Unifirst Declares Increased Cash Dividends

WILMINGTON, Mass., April 08, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.350 per share (35.0 cents) on the Company's Common Stock and $0.280 per share (28.0 cents) on the Company's Class B Common Stock. Both dividends are payable on June 27, 2025 to shareholders of record on June 6, 2025. UniFirst also announced today that its Board of Directors authorized a new share repurchase program allowing the Company to repurchase up to $100.0 million of its outstanding common shares, inclusive of the amount which remained available under the existing share repurchase program approved in October 2023. Repur

WILMINGTON, Mass., April 02, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE:UNF) (the "Company," "UniFirst" or "we") today reported results for its second quarter ended March 1, 2025 as compared to the corresponding period in the prior fiscal year: Q2 2025 Financial Highlights Consolidated revenues for the second quarter increased 1.9% to $602.2 million.Operating income was $31.2 million, an increase of 11.7%.The quarterly tax rate decreased to 25.0% compared to 26.2% in the prior year.Net income increased to $24.5 million from $20.5 million in the prior year, or 19.6%.Diluted earnings per share increased to $1.31 from $1.09 in the prior year, or 20.2%.Adjusted EBITDA increased to $

Cintas Corporation (NASDAQ:CTAS) (the "Company") today announced that it has terminated discussions with UniFirst Corporation (NYSE:UNF) regarding Cintas' proposal (the "Proposal") to acquire all of the outstanding common and class B shares of UniFirst for $275.00 per share in cash, a premium of 46% over UniFirst's ninety-day average closing price as of January 6, 2025, the last trading day before the Proposal was made public. Todd Schneider, President and Chief Executive Officer of Cintas, said, "We have engaged with UniFirst and its advisors over the past several weeks in an effort to reach a mutual agreement regarding a transaction that we believe offers tremendous value for customers a

Barclays downgraded UniFirst from Equal Weight to Underweight and set a new price target of $152.00

Robert W. Baird downgraded UniFirst from Outperform to Neutral and set a new price target of $185.00

Barclays initiated coverage of UniFirst with a rating of Equal Weight and set a new price target of $160.00

4 - UNIFIRST CORP (0000717954) (Issuer)

4 - UNIFIRST CORP (0000717954) (Issuer)

4 - UNIFIRST CORP (0000717954) (Issuer)

10-Q - UNIFIRST CORP (0000717954) (Filer)

8-K - UNIFIRST CORP (0000717954) (Filer)

SCHEDULE 13G - UNIFIRST CORP (0000717954) (Subject)

WILMINGTON, Mass., Sept. 19, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE:UNF), a North American leader in the supply and servicing of uniform and workwear programs, facility service products, and first aid and safety supplies, is pleased to announce the appointment of Kelly Rooney as Chief Operating Officer (COO), effective September 30, 2024. Rooney has extensive knowledge and experience in large-scale B2B route-based operations. Over her twenty-five plus year career, she has held operational and leadership roles of increasing responsibility. Her most recent position was as the Chief Human Resources Officer at Waste Management, a $20 billion public company. Rooney is returning to

WILMINGTON, Mass., July 12, 2024 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, is proud to be recognized on Selling Power's "Best Companies to Sell For" list for the 21st consecutive year. The list features 60 companies that lead the charge in true selling power. "We're proud to be included on Selling Power's list, which further validates our world-class sales organization and people who always deliver solutions that meet the unique needs o

WILMINGTON, Mass., Jan. 12, 2021 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.25 per share (25.0 cents) on the Company's Common Stock and $0.20 per share (20.0 cents) on the Company's Class B Common Stock. Both dividends are payable on March 30, 2021, to shareholders of record on March 9, 2021. Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North American leader in the supply and servicing of uniform and workwear programs, as well as the delivery of facility service programs. Together with its subsidiaries, the company also provides first aid and safety products, and manages

WILMINGTON, Mass., April 08, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.350 per share (35.0 cents) on the Company's Common Stock and $0.280 per share (28.0 cents) on the Company's Class B Common Stock. Both dividends are payable on June 27, 2025 to shareholders of record on June 6, 2025. UniFirst also announced today that its Board of Directors authorized a new share repurchase program allowing the Company to repurchase up to $100.0 million of its outstanding common shares, inclusive of the amount which remained available under the existing share repurchase program approved in October 2023. Repur

WILMINGTON, Mass., April 02, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE:UNF) (the "Company," "UniFirst" or "we") today reported results for its second quarter ended March 1, 2025 as compared to the corresponding period in the prior fiscal year: Q2 2025 Financial Highlights Consolidated revenues for the second quarter increased 1.9% to $602.2 million.Operating income was $31.2 million, an increase of 11.7%.The quarterly tax rate decreased to 25.0% compared to 26.2% in the prior year.Net income increased to $24.5 million from $20.5 million in the prior year, or 19.6%.Diluted earnings per share increased to $1.31 from $1.09 in the prior year, or 20.2%.Adjusted EBITDA increased to $

WILMINGTON, Mass., March 05, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE:UNF) will report its Fiscal 2025 second quarter results on April 2, 2025 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on April 2, 2025 to discuss its quarterly financial results, business highlights and outlook. In addition, the Company may answer one or more questions concerning business and financial developments and trends, the Company's view on earnings forecasts and other business and financial matters affecting the Company, some of the responses to which may contain information that has not been previously disclosed. A simultaneous live webcast of the

SC 13G/A - UNIFIRST CORP (0000717954) (Subject)

SC 13G/A - UNIFIRST CORP (0000717954) (Subject)

SC 13G/A - UNIFIRST CORP (0000717954) (Subject)