Vestis shares plunge on pulling FY guidance, Q2 rev miss

Vestis

07/05/2025 12:04

** Shares of uniform rental co Vestis VSTS.N slide ~27% to $6.39 in premarket trading

** Co's Q2 revenue of $665 million misses analysts estimates of $690 mln, per LSEG data

** Co also pulls its fiscal 2025 guidance

** Analysts avg rating is "hold", with median PT of $13.2- LSEG data

** Co's shares have fallen by 12% this quarter and lost ~43% so far this year

 (Reporting by Rashika Singh)

 ((Rashika.Singh@thomsonreuters.com;))