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Unifirst Corp - UNF STOCK NEWS

Welcome to our dedicated news page for Unifirst (Ticker: UNF), a resource for investors and traders seeking the latest updates and insights on Unifirst.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Unifirst's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Unifirst's position in the market.

News
UniFirst to hold ribbon cutting ceremony for new high-tech uniform service and processing facility in Taylor, Michigan
Rhea-AI Summary

UniFirst (NYSE: UNF) is set to hold a ribbon-cutting ceremony for its new 70,000 square-foot uniform service and processing facility in Taylor, Michigan. The state-of-the-art facility will cater to the growing customer base in the Taylor and Metro Detroit areas, offering personalized service programs for uniforms, workwear, facility service products, and more. The expansion demonstrates UniFirst's commitment to providing exceptional service and innovative textile technologies, supporting energy efficiencies and eco-conscious practices.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
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none
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News
UniFirst completes rooftop solar panel projects to advance Companywide conservation and sustainability goals
Rhea-AI Summary
UniFirst (UNF) partners with HOLT Renewables to complete rooftop solar panel projects at multiple industrial laundry facilities, aiming to achieve environmental sustainability goals and long-term energy cost savings.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.12%
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none
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News
UniFirst Declares Regular Cash Dividends
Rhea-AI Summary
UniFirst (UNF) declares regular quarterly cash dividends for its Common Stock and Class B Common Stock. The dividends of $0.330 per share for Common Stock and $0.264 per share for Class B Common Stock are payable on June 28, 2024. UniFirst is a leader in uniform and workwear programs, facility services, and specialized garment programs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
dividends
News
No. 9 UniFirst Chevy to sport ruby red scheme at Martinsville Raceway for Hendrick Motorsports' 40th Anniversary
Rhea-AI Summary
UniFirst (UNF) partners with Hendrick Motorsports for a special race at Martinsville Speedway, featuring a ruby red paint scheme to mark Hendrick's 40th anniversary. The race, set for April 7, will showcase the No. 9 UniFirst Chevrolet Camaro ZL1 driven by Chase Elliott. UniFirst's strong relationship with Hendrick Motorsports is highlighted, with the race paying tribute to the team's legacy and past victories at Martinsville.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.16%
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none
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News
UniFirst Announces Financial Results for the Second Quarter of Fiscal 2024
Rhea-AI Summary
UniFirst (UNF) reports strong Q2 2024 results with revenue growth of 8.8% to $590.7 million. Operating income increased by 34.9% to $27.9 million. Net income rose to $20.5 million, up 14.9% from the prior year. Earnings per share grew by 14.7% to $1.09. EBITDA also saw a significant increase to $62.5 million. The company's Core Laundry Operations and Specialty Garments segments showed positive growth. UniFirst remains debt-free with $101.9 million in cash and short-term investments. The company reaffirmed its fiscal 2024 revenue guidance of $2.415 billion to $2.425 billion and earnings per share between $6.80 and $7.16.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.94%
Tags
earnings
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News
UniFirst No. 9 Chevrolet driven by Chase Elliott makes 2024 NASCAR season debut in Richmond
Rhea-AI Summary
UniFirst (UNF) partners with Hendrick Motorsports to debut No. 9 UniFirst Chevrolet Camaro ZL1 driven by Chase Elliott at Richmond Raceway for the 2024 NASCAR season. The primary sponsorship extends to five races, showcasing the company's signature green color and logo designs on the car and fire suits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.79%
Tags
none
News
UniFirst Corporation Plans to Announce Second Quarter Results on March 27, 2024
Rhea-AI Summary
UniFirst Corporation (NYSE: UNF) will release its Fiscal 2024 second quarter results on March 27, 2024, followed by a conference call to discuss financial performance and business outlook. Headquartered in Wilmington, Mass., UniFirst is a leader in uniform and workwear programs, facility services, and safety supplies.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.48%
Tags
earnings
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News
UniFirst Declares Regular Cash Dividends
Rhea-AI Summary
UniFirst Corporation (NYSE: UNF) declares regular quarterly cash dividends of $0.330 per share on the Company's Common Stock and $0.264 per share on the Company's Class B Common Stock. Both dividends are payable on March 29, 2024 to shareholders of record on March 8, 2024. UniFirst is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, as well as first aid and safety supplies and services. The Company also manages specialized garment programs for the cleanroom and nuclear industries, and manufactures its own branded workwear, protective clothing, and floorcare products at its five company-owned ISO-9001-certified manufacturing facilities. UniFirst outfits more than 2 million workers every day.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.29%
Tags
dividends
-
News
UniFirst Announces Financial Results for the First Quarter of Fiscal 2024
Rhea-AI Summary
UniFirst Corporation (NYSE: UNF) reported strong first quarter financial results, with a 9.5% increase in consolidated revenues to $593.5 million. Operating income rose by 22.4% to $53.1 million, and net income increased by 24.6% to $42.3 million. Diluted earnings per share also saw a significant increase of 24.9% to $2.26. The company's financial outlook for fiscal 2024 remains positive, with expected revenues between $2.415 billion and $2.435 billion and diluted earnings per share between $6.52 and $7.16.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.95%
Tags
earnings
News
UniFirst boosts primary sponsorship for 2024 NASCAR season
Rhea-AI Summary
UniFirst Corporation (UNF) announces primary race sponsorship schedule for 2024 NASCAR season with 14-time champions Hendrick Motorsports. No. 9 UniFirst Chevrolet Camaro ZL1 to appear in five races, up from three last year. UniFirst reveals distinctive paint scheme and fire suits for the upcoming season.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.04%
Tags
none
Stock UNF logo
Unifirst Corp

NYSE:UNF

UNF Rankings

#1542 Ranked by Market Cap
#2895 Ranked by Stock Gains
#1887 Ranked by Dividends

UNF Stock Data

3.01B
14.88M
1.02%
98.83%
1.05%
Apparel Accessories and Other Apparel Manufacturing
Manufacturing
Link
United States of America
WILMINGTON

About UNF

unifirst corporation (nyse: unf), headquartered in wilmington, mass., is a north american leader in the supply and servicing of managed uniform and workwear programs, as well as in the delivery of ancillary facility services. together with its subsidiaries, the company also provides first aid and safety products, and manages specialized workwear programs for the cleanroom and nuclear industries. unifirst manufactures its own branded work clothing, protective garments, and floorcare products; maintains 250 locations coast-to-coast; serves more than 300,000 business customers; and employs 14,000 employee team partners. the company outfits nearly 2 million workers each business day through its managed rental, lease, and purchase programs. unifirst's corporate mission is to be recognized as the leading provider of quality uniform products and services. our continuous customer focus enables us to grow, to provide an equitable return on investment, and to create development opportunities for