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UniFirst Corporation reports developments tied to its North American uniform, workwear, facility service, first aid and safety operations. Updates commonly cover cash dividends on Common Stock and Class B Common Stock, operating and financial results, segment reporting for Uniform & Facility Service Solutions, First Aid & Safety Solutions and Other, and governance or shareholder matters.
Company announcements also reference specialized garment programs for the cleanroom and nuclear industries, company-branded workwear and floorcare products, and brand partnerships such as Hendrick Motorsports.
The Board of Directors of UniFirst Corporation (NYSE:UNF) has declared quarterly cash dividends of $0.30 per share on Common Stock and $0.24 per share on Class B Common Stock. These dividends will be payable on June 29, 2022, to shareholders of record on June 8, 2022. UniFirst, based in Wilmington, MA, is a North American leader in uniform and workwear supply and servicing, operating over 260 service locations and servicing over 300,000 customer locations daily.
UniFirst Corporation (NYSE: UNF) reported an 8.2% increase in revenues for Q2 2022, totaling $486.7 million. However, operating income fell 44.4% to $22.6 million, and net income dropped 43.4% to $18.5 million. Diluted earnings per share decreased to $0.97 from $1.71. Adjusted metrics, excluding costs related to Key Initiatives, showed adjusted operating income of $29.4 million and adjusted EPS of $1.24. The company anticipates FY 2022 revenues between $1.967 billion and $1.980 billion.
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UniFirst Corporation (NYSE: UNF) is set to release its Fiscal 2022 second quarter results on March 30, 2022, before the market opens. A conference call will follow at 9:00 a.m. ET the same day to discuss financial outcomes, business highlights, and future outlooks. The conference may include answers to questions about earnings forecasts and financial developments, potentially revealing previously undisclosed information. UniFirst, headquartered in Wilmington, Mass., is a leader in uniform and workwear supply, servicing over 2 million workers daily.
UniFirst (NYSE: UNF) has launched its first national brand campaign, "Always Deliver," aimed at honoring essential workers. Scheduled to debut on March 17, 2022, during NCAA March Madness, the campaign includes a 60-second commercial airing on major networks. It reflects a commitment to frontline workers and features real UniFirst employees, emphasizing the company's role in supporting these individuals during the ongoing pandemic. This initiative is part of UniFirst's broader brand evolution strategy and aims to enhance its reputation as a premier uniform service provider.
UniFirst (NYSE: UNF), a leader in work uniform programs, has revealed the new paint scheme for the No. 9 UniFirst Chevrolet Camaro ZL1, driven by NASCAR champion Chase Elliott. This new design showcases UniFirst's signature green with dynamic contrasts, debuting at Phoenix Raceway on March 13, 2022. Elliott's impressive 2021 season included two wins and a top-4 Championship spot. This marks the sixth year of partnership between UniFirst and Hendrick Motorsports. The car features advanced technology and design updates, enhancing its competitiveness in the NASCAR Cup Series.
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UniFirst Corporation (NYSE:UNF) announced a quarterly cash dividend of $0.30 per share for Common Stock and $0.24 per share for Class B Common Stock. These dividends will be paid on March 30, 2022, to shareholders recorded by March 9, 2022. Headquartered in Wilmington, Mass., UniFirst is a leading provider of uniform and workwear solutions in North America, servicing over 2 million workers daily.
UniFirst Corporation reported Q1 fiscal 2022 results reflecting mixed performance. Consolidated revenues increased by 8.8% to $486.2 million. However, operating income fell 20.1% to $44.8 million, and net income decreased 19.6% to $33.7 million, leading to a 19.5% drop in diluted EPS to $1.77. The financial results included $5.9 million of costs linked to CRM, ERP, and branding initiatives. Adjusted EPS was $2.00. The company revised fiscal 2022 revenue guidance to $1.940 billion - $1.955 billion with diluted EPS between $5.50 and $5.80.