Recap: UniFirst Q1 Earnings

Shares of UniFirst UNF were flat in pre-market trading after the company reported Q1 results.

Quarterly Results

Earnings per share decreased 12.70% over the past year to $2.20, which beat the estimate of $1.69.

Revenue of $446,853,000 decreased by 3.98% year over year, which beat the estimate of $438,460,000.

Outlook

UniFirst hasn't issued any earnings guidance for the time being.

UniFirst hasn't issued any revenue guidance for the time being.

Details Of The Call

Date: Jan 06, 2021

Time: 09:00 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/u64dueo8

Price Action

Company's 52-week high was at $217.90

52-week low: $121.89

Price action over last quarter: Up 21.55%

Company Profile

UniFirst Corp provides workplace uniforms, protective clothing, and other workplace products and services to businesses in the United States, Canada, and Europe. The U.S. and Canadian Rental and Cleaning segment that accounts for the majority of the company engages in sales rents and sells clothing and non-garment items, and offers a cleaning service that delivers clean uniforms when it picks up dirty or contaminated ones. Manufacturing segment designs and manufactures uniforms and non-garment items. Specialty garments rental and cleaning segment provides specialty garments, non-garments, and cleaning services for nuclear and classroom applications. The First Aid segment provides safety supplies and pill packaging. The Corporate segment consists of various associated costs.