Unifirst (UNF) Expected to Announce Quarterly Earnings on Wednesday

Unifirst (NYSE:UNF - Get Free Report) is anticipated to issue its Q3 2025 quarterly earnings data before the market opens on Wednesday, July 2nd. Analysts expect Unifirst to post earnings of $2.14 per share and revenue of $614.50 million for the quarter. Unifirst has set its FY25 guidance at $7.30-7.70 EPS and its FY 2025 guidance at 7.300-7.700 EPS.

Unifirst (NYSE:UNF - Get Free Report) last posted its quarterly earnings data on Wednesday, April 2nd. The textile maker reported $1.31 EPS for the quarter, missing analysts' consensus estimates of $1.34 by ($0.03). The company had revenue of $602.20 million for the quarter, compared to analysts' expectations of $602.81 million. Unifirst had a return on equity of 7.46% and a net margin of 6.13%. The company's revenue for the quarter was up 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.09 EPS. On average, analysts expect Unifirst to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.

Unifirst Price Performance

NYSE:UNF traded up $0.62 on Friday, reaching $186.58. The stock had a trading volume of 180,926 shares, compared to its average volume of 105,496. Unifirst has a 12-month low of $156.34 and a 12-month high of $243.70. The company has a market cap of $3.46 billion, a price-to-earnings ratio of 23.21 and a beta of 0.87. The firm's fifty day moving average is $184.13 and its two-hundred day moving average is $193.08.

Unifirst Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Stockholders of record on Friday, June 6th were given a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 0.75%. The ex-dividend date of this dividend was Friday, June 6th. Unifirst's dividend payout ratio is presently 17.41%.

Unifirst announced that its Board of Directors has initiated a share buyback program on Tuesday, April 8th that permits the company to buyback $100.00 million in outstanding shares. This buyback authorization permits the textile maker to reacquire up to 3.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company's board believes its shares are undervalued.

Institutional Trading of Unifirst

Institutional investors have recently made changes to their positions in the stock. Geneos Wealth Management Inc. boosted its holdings in Unifirst by 474.1% in the first quarter. Geneos Wealth Management Inc. now owns 155 shares of the textile maker's stock valued at $27,000 after acquiring an additional 128 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Unifirst by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 8,966 shares of the textile maker's stock worth $1,560,000 after purchasing an additional 397 shares during the period. AQR Capital Management LLC increased its position in Unifirst by 13.4% during the 1st quarter. AQR Capital Management LLC now owns 5,069 shares of the textile maker's stock worth $882,000 after purchasing an additional 599 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Unifirst by 3.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 34,914 shares of the textile maker's stock valued at $6,075,000 after buying an additional 1,326 shares during the period. Finally, Royal Bank of Canada lifted its position in Unifirst by 7.8% during the first quarter. Royal Bank of Canada now owns 27,152 shares of the textile maker's stock valued at $4,724,000 after buying an additional 1,974 shares in the last quarter. 78.17% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. Barclays reiterated an "underweight" rating and issued a $152.00 price target (down from $180.00) on shares of Unifirst in a report on Friday, April 4th. UBS Group upped their target price on Unifirst from $194.00 to $196.00 and gave the company a "neutral" rating in a research note on Thursday, April 3rd. Finally, Robert W. Baird decreased their price target on Unifirst from $218.00 to $197.00 and set a "neutral" rating on the stock in a research note on Thursday, April 3rd.

Unifirst Company Profile

UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments.