Every 8-K that Vestis Corporation (VSTS) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow VSTS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full VSTS filings page.
Vestis Corporation appointed Russell Tiejema as Executive Vice President and Chief Financial Officer, effective September 28, 2026. He succeeds Adam K. Bowen, who had served as interim CFO since December 16, 2025, and intends to remain with Vestis through the end of October. Tiejema has more than 30 years of finance and leadership experience, including CFO roles at US LBM and Masonite International.
Under his employment agreement, Tiejema’s initial annual base salary is $700,000. Beginning with fiscal 2027, he is entitled to a target annual bonus opportunity of 100% of base salary, with actual payments determined under the Management Incentive Plan, and an annual equity award with a target grant-date value of $1.75 million, subject to Compensation and Human Resources Committee approval. A one-time $2.5 million sign-on equity award, split equally between restricted stock units and nonqualified stock options, is to be granted on the first day of fiscal 2027 and vests ratably over three years. Vestis also reaffirmed its fiscal 2026 outlook.
Vestis Corporation reported fiscal third quarter 2026 revenue of $661.7 million, down 1.8% year over year as pounds processed fell 4.5%, reflecting intentional exit of lower-margin volume. Pricing and mix improved, lifting Revenue Per Pound by 2.9%.
Net income was $11.0 million versus a $0.7 million loss a year ago, and Adjusted EBITDA rose to $80.9 million with a 12.2% margin, compared with 9.8% covenant-adjusted margin in the prior-year quarter. Operating Leverage per pound improved by $0.04, supported by lower cost of services and a 9% gain in plant productivity.
Free Cash Flow reached $47.0 million (Adjusted Free Cash Flow $55.5 million), a $39.0 million year-over-year improvement, and liquidity totaled $351.8 million, including $57.7 million of cash. Net leverage decreased to 4.10x. For fiscal 2026, Vestis raised its Free Cash Flow outlook to $160–$170 million and now expects Adjusted EBITDA of $310–$315 million, with revenue flat to down 2% versus normalized 2025.
Vestis Corporation updated the employment terms for Interim Chief Financial Officer Adam K. Bowen through a second amended and restated offer letter and employment agreement tied to his continued service in that role.
Mr. Bowen’s annual base salary remains $400,000 with a target bonus equal to 35% of base salary under the Management Incentive Bonus Plan. If his employment ends under specified conditions before or shortly after the end of fiscal 2026, he will receive either a pro‑rated or full fiscal 2026 bonus, payable by December 31, 2026. The company waived repayment of a prior $100,000 discretionary cash award from December 2025 and granted a new one‑time $100,000 cash award payable in June 2026, plus additional $100,000 awards for each three‑month period after June 1, 2026 in which no permanent Chief Financial Officer is in place and he remains employed, and a further $100,000 award if he stays through a defined transition date.
If he is terminated without cause before a permanent Chief Financial Officer is appointed, or resigns in a Qualifying Resignation, his unvested time‑based restricted stock units will continue to vest on their original schedule. Should he not be selected as permanent Chief Financial Officer, his role will revert to Vice President, Financial Planning & Analysis, reporting to the new Chief Financial Officer, while the revised economic terms generally remain in effect. His post‑termination payments are conditioned on ongoing compliance with restrictive covenants and are subject to the company’s clawback and recoupment policies.
Vestis Corporation reported fiscal second quarter 2026 results showing stronger profitability and cash generation despite slightly lower revenue. Revenue was $659.4 million, down 0.9% from $665.2 million a year earlier as volumes in pounds processed fell 1.2%, while revenue per pound was flat.
Net income was $2.6 million, or $0.02 per diluted share, compared with a net loss of $27.8 million, helped by lower operating expenses. Adjusted EBITDA was $74.5 million with an 11.3% margin, up from a 9.4% Covenant Adjusted EBITDA margin a year earlier, reflecting cost-per-pound improvements from its transformation plan.
Free Cash Flow reached $45.6 million and Adjusted Free Cash Flow was $56.6 million, a $52.4 million year-over-year improvement in Free Cash Flow. The company repaid $34 million of debt in the quarter and ended with $344.5 million of liquidity, including $50.3 million of cash.
For fiscal 2026, Vestis raised its Adjusted EBITDA outlook to $295–$325 million and lifted its Free Cash Flow outlook to $120–$150 million, while still expecting revenue to be flat to down 2% versus normalized 2025. Management continues to target at least $75 million of annual cost savings from its transformation by the end of fiscal 2026.
Vestis Corporation reported the results of its 2026 Annual Meeting of Shareholders held on February 18, 2026. Shareholders elected three directors—Tracy Jokinen, Mary Anne Whitney, and Ena Williams—to serve until the 2027 annual meeting or until their successors are elected and qualified.
Jokinen received 103,095,382 votes for and 231,199 against; Whitney received 103,136,955 for and 189,553 against; Williams received 101,004,339 for and 2,293,927 against, with 8,291,956 broker non-votes for each. Shareholders also approved, on a non-binding advisory basis, named executive officer compensation with 100,489,423 votes for, 2,650,098 against, and 200,811 abstentions.
In addition, shareholders ratified the appointment of Deloitte & Touche LLP as independent registered public accounting firm for the fiscal year ending October 2, 2026, with 110,186,736 votes for, 1,431,038 against, and 14,514 abstentions.
Vestis Corporation reported first quarter 2026 revenue of $663.4 million, down 3% from the prior year on flat volume. Product mix shifts and pre-transformation commercial practices reduced revenue per pound and contributed to a net loss of $6.4 million, or $(0.05) per diluted share.
Non-GAAP results were stronger, with Adjusted Net Income of $13.1 million, Adjusted EBITDA of $70.4 million (10.6% margin) and Adjusted diluted EPS of $0.10. Free Cash Flow was $28.3 million and Adjusted Free Cash Flow was $42.9 million, aided by a $12.7 million working capital benefit.
The company highlighted progress on its strategic business transformation plan, including a 7% improvement in plant productivity, a 3% improvement in on-time deliveries and a 12% reduction in customer complaints versus the first quarter of 2025. Management expects the plan to deliver at least $75 million in annual cost savings by the end of fiscal 2026.
Vestis reaffirmed its fiscal 2026 outlook, guiding to revenue between flat and down 2% versus 2025, Adjusted EBITDA of $285–$315 million and Free Cash Flow of $50–$60 million. As of January 2, 2026, total liquidity was $316.7 million, including $41.5 million of cash, and the Net Leverage Ratio was 4.83x.
Vestis Corporation is undergoing a planned finance leadership change. Executive Vice President and Chief Financial Officer Kelly Janzen has decided to resign effective December 31, 2025 to pursue other opportunities. The company states her resignation does not result from any disagreement over operations, policies, or practices, and she will receive separation benefits consistent with a termination by the executive other than for good reason under her employment agreement.
The board has appointed Adam K. Bowen, age 43 and currently Vice President of Financial Planning & Analysis, as Interim Chief Financial Officer and principal financial officer effective December 16, 2025, to serve until a permanent CFO is designated. An amended offer letter sets his annual base salary at $400,000, with a target bonus of 35% of salary and an annual long-term incentive equity award valued at $135,000, plus a one-time $150,000 RSU grant and up to $200,000 in cash awards tied to his interim service and continued employment, alongside existing RSU, option and performance stock unit grants and new noncompetition and non-solicitation covenants.
Vestis Corporation reported that it issued a press release on December 1, 2025 announcing its results for the quarter and fiscal year ended October 3, 2025. The press release is provided as Exhibit 99.1 and summarizes the company’s operating performance for that period. Vestis also prepared supplementary materials in Exhibit 99.2 to accompany a webcast conference call scheduled for December 2, 2025, giving investors additional context on the quarterly and full-year results.
Vestis Corporation reported that Executive Vice President and Chief Technology Officer Grant Shih will leave his position, effective October 7, 2025. The company states there is no disagreement between Mr. Shih and Vestis regarding its operations, policies, or practices, suggesting the departure is not tied to a dispute over company direction. Mr. Shih will receive separation benefits consistent with a termination other than for cause under his amended and restated employment agreement dated April 2, 2024.
Vestis Corporation (VSTS) submitted an Form 8-K reporting an event dated August 20, 2025. The filing identifies Vestis's executive officers: Kelly Janzen (EVP & Chief Financial Officer), William J. Seward (EVP & Chief Operating Officer), André C. Bouchard (EVP, Chief Legal Officer, General Counsel & Corporate Secretary) and Grant Shih (EVP & Chief Technology Officer). The filing lists an exhibit described as the Form of Vestis Retention Restricted Stock Unit Award Grant Agreement (Exhibit 10.1). The cover page also notes that an Interactive Data File is embedded within the Inline XBRL document.