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home / news releases / unifirst still bullish on the business ability to ex

UNF - UniFirst: Still Bullish On The Business Ability To Expand Margins

Unifirst Corporation

2024-07-02 03:00:00 ET

Summary

  • I retain my buy rating for UNF stock, as I expect margin to continue expanding as the business scales and controls costs.
  • UNF reported 4.1% organic revenue growth, with strong margin expansion and positive Core Laundry segment performance.
  • Revised growth expectations downward due to mixed topline outlook, but increased margin expectations.

Investment action

For further details see:

UniFirst: Still Bullish On The Business Ability To Expand Margins
Stock Information
Company Name: Unifirst Corporation
Stock Symbol: UNF
Market: NYSE
Website: unifirst.com
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