UniFirst's Q1 revenue slightly beats estimates

UniFirst

07/01/2026 13:15

Overview

Uniform supplier's fiscal Q1 revenue rose 2.7%, slightly beating analyst expectations

Net income and EPS declined due to growth and digital transformation investments

Company repurchased $31.7 mln of its shares in fiscal Q1

Outlook

UniFirst reaffirms fiscal 2026 revenue guidance of $2.475 bln to $2.495 bln

Company expects fiscal 2026 EPS between $6.58 and $6.98

Guidance includes $7.0 mln of costs related to Key Initiative

Result Drivers

ORGANIC GROWTH - Revenue growth driven by new customer wins and improved retention in core Uniform & Facility Service Solutions segment

INVESTMENTS IMPACT MARGINS - Planned investments in growth and digital transformation initiatives reduced operating margins

FIRST AID SEGMENT GROWTH - First Aid & Safety Solutions segment revenue rose 15.3% due to investments in First Aid van business

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Slight Beat*
$621.32 mln
$615.25 mln (3 Analysts)
Q1 EPS
$1.89
Q1 Net Income
$34.36 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy."

Wall Street's median 12-month price target for UniFirst Corp is $175.00, about 13.9% below its January 6 closing price of $203.15

The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 19 three months ago

Press Release: ID:nGNX90706Z

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)