UniFirst Q2 revenue beats on organic growth in Uniform & Facility Service Solutions

UniFirst

01/04/2026 13:11

Overview

US uniform supplier's fiscal Q2 revenue grew 3.4%, beating analyst expectations

Adjusted EBITDA declined year-over-year due to planned investments and one-time costs

Company previously announced agreement to be acquired by Cintas, closing expected in H2 2026

Outlook

Company is no longer providing financial guidance due to pending acquisition by Cintas

Result Drivers

ORGANIC GROWTH - Revenue increase was driven by organic growth in Uniform & Facility Service Solutions segment

INVESTMENT IMPACT - Operating margin declined due to planned investments in growth and digital transformation initiatives

ONE-TIME COSTS - Results were impacted by costs related to shareholder engagement, proxy matters, and legal expenses

Company press release: ID:nGNX4Wy4JC

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$622.51 mln
$614.92 mln (3 Analysts)
Q2 Net Income
$20.48 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 5 "hold" and no "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 $280.00, about 11.3% above its March 31 closing price of $251.59

The stock recently traded at 34 times the next 12-month earnings vs. a P/E of 26 three months ago

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