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0 0 0 0.000368556836729285 -0.00547570157426416 -0.00489654083083245 -0.0195335123466541 -0.0272732059179698
Stock impact report

Unifirst Announces Financial Results for the Fourth Quarter and Full Fiscal Year of Fiscal 2024

Unifirst Corporation (UNF) 
Last unifirst corporation earnings: 4/1 08:00 am Check Earnings Report
US:NYSE Investor Relations: investors.unifirst.com/investor-overview
Company Research Source: GlobeNewswire
WILMINGTON, Mass., Oct. 23, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its fourth quarter and full year ended August 31, 2024, as compared to the corresponding periods in the prior fiscal year. The fourth quarter as well as the full year included an extra week compared to the prior year. Q4 2024 Financial Highlights Consolidated revenues for the fourth quarter increased 11.9% to $639.9 million.The extra week accounted for revenue growth of approximately 8.0% in the quarter.Operating income was $54.0 million, an increase of 49.8%.The quarterly tax rate decreased to 21.8% compared to 24.3% in the prior year.Net income increased to $44.6 million, or 61.5%.Diluted earnings per share increased to $2.39 from $1.47 in the prior year, or 62.6%.Adjusted EBITDA increased to $95.0 million compared to $71.7 million in the prior year, or 32.5%.Cash flow from operating activities increased to $295.3 million in fiscal Show less Read more
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