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.
UniFirst Corporation (NYSE: UNF) will announce its Fiscal 2021 second quarter results on March 31, 2021, before market opening. A conference call led by the company will occur at 9:00 a.m. ET on the same day. This call aims to discuss financial outcomes, business highlights, and future outlook. Participants may also address queries about financial trends and forecasts, which might include previously undisclosed information.
Investors can access a live webcast of the call via the company’s investor relations page.
UniFirst Corporation (NYSE: UNF) partners with Hendrick Motorsports to introduce a redesigned No. 9 Chevrolet Camaro ZL1 1LE, driven by 2020 Cup Series Champion Chase Elliott, debuting on March 14, 2021. The new design prominently features UniFirst's signature green color, aiming to enhance visibility on the track. Elliott, who had a successful 2020 season with five wins, is currently fourth in the 2021 Cup Series standings. This marks the fifth year of UniFirst’s partnership with Hendrick Motorsports, highlighting its role as the official workwear provider.
UniFirst Corporation (NYSE: UNF), a leader in customized work uniform programs, highlights the importance of hygienically clean laundering in its uniform rental services amid the COVID-19 pandemic. As hygiene becomes a priority, UniFirst's managed uniform programs help reduce cross-contamination risks, especially in the healthcare sector. The company emphasizes the numerous benefits of its services, including cost savings, enhanced employee image, tailored fitting, and regular maintenance. With over 2 million workers outfitted daily, UniFirst positions itself as a crucial partner for businesses seeking safe and effective uniform solutions.
UniFirst Corporation (NYSE: UNF) has introduced a new paint scheme for the UniFirst No. 9 Chevrolet Camaro ZL1 1LE, which will be driven by NASCAR champion Chase Elliott in three races during 2021. This update features a vibrant green color, aligning with UniFirst's rebranding efforts. Celebrating a successful 2020 season, Elliott secured the NASCAR Cup Series championship and a win at the All-Star Race. The redesigned car will debut on March 14 at Phoenix Raceway. UniFirst continues as the primary sponsor for the team, marking their fifth year of partnership with Hendrick Motorsports.
The Board of Directors of UniFirst Corporation (NYSE: UNF) has declared quarterly cash dividends of $0.25 per share for Common Stock and $0.20 per share for Class B Common Stock. These dividends will be payable on March 30, 2021, to shareholders recorded by March 9, 2021. Headquartered in Wilmington, Mass., UniFirst specializes in uniform and workwear programs, as well as facility service programs, servicing over 2 million workers daily. The company operates 260 service locations and employs over 14,000 Team Partners.
UniFirst Corporation (NYSE: UNF) reported a 4.0% decrease in Q1 revenues to $446.9 million and a 6.7% decline in operating income to $56.0 million for the quarter ending November 28, 2020. Net income fell 13.2% to $41.9 million, with diluted EPS at $2.20, down from $2.52. The Core Laundry Operations segment saw a 5.6% revenue drop, impacted by COVID-19, while the Specialty Garments segment grew by 14.2%. The company maintains a strong balance sheet with $473 million in cash and no long-term debt, but has suspended guidance due to ongoing uncertainties.
UniFirst Corporation (NYSE: UNF) will release its Fiscal 2021 first quarter financial results on January 6, 2021, prior to market opening. The company will host a conference call at 9:00 a.m. ET on the same day to discuss the financial results, business highlights, and outlook. This call may include undisclosed insights regarding earnings forecasts and financial trends. UniFirst is a leader in uniform and workwear programs, servicing over 2 million workers daily across 260 locations and managing 300,000 customer sites in North America.
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UniFirst Corporation (NYSE: UNF) announced a quarterly cash dividend of $0.25 per share on its Common Stock and $0.20 per share on Class B Common Stock. These dividends will be payable on January 4, 2021, to shareholders of record by December 7, 2020. Operating as a leader in uniform and workwear supply, UniFirst supports over 2 million workers daily, facilitated by over 260 service locations and 300,000 customer sites across North America.
UniFirst Corporation (NYSE: UNF) reported its fourth quarter and full year results for fiscal 2020, revealing a 10.6% decrease in quarterly revenues to $428.6 million, and a 30.8% decline in net income to $31.6 million, or $1.66 per diluted share. Full year revenues were $1.804 billion, down 0.3%, with net income at $135.8 million, a 24.2% decrease. The company anticipates Q1 2021 revenues between $433.0 million and $443.0 million, highlighting challenges due to COVID-19.