Vestis drops on lower Q4 adjusted profit

Vestis

02/12/2025 15:10

** Shares of uniform workplace supplies provider Vestis VSTS.N fall 6.6% to $6.28 after posting Q4 results

** Reports Q4 adj. EPS of 3 cents vs 11 cents a year-ago

** Q4 revenue of $712 mln higher than $684.3 mln in Q4 2024

** Co launches business transformation plan, expected to generate cost savings of at least $75 mln by end FY26

** Out of 8 analysts, ​one rates the stock "strong buy", five rate it "hold" and two​ "strong sell" or "sell" - data compiled by LSEG

** Including session's move, shares down over 58%​ YTD

 (Reported by Anastasiia Kozlova)

 ((Anastasiia.Kozlova@thomsonreuters.com))