UNF - Why Uniform & Workwear Company UniFirst Shares Are Dipping Today | Benzinga
UniFirst Corp (NYSE: UNF) shares are trading lower after the company reported Q1 FY24 results.
Sales grew 9.5% Y/Y to $593.5 million, beating the consensus of $589.6 million.
Adjusted EPS of $2.38 beat the analyst consensus of $2.18.
Q1 FY24 and Q1 FY23 results included costs attributable to its customer relationship management system, enterprise resource planning system, and branding initiatives, which curbed operating income and EBITDA by $2.9 million and $10.0 million, respectively.
Segment ...