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UNF - UniFirst Corporation

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UniFirst Corporation

UNF

NYSE

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. The company also rents and sells industrial wiping products, floor mats, facility service products, and dry and wet mops; restroom and cleaning supplies comprising air fresheners, paper products, gloves, masks, sanitizers, and hand soaps; and other textile products. In addition, it provides first aid cabinet services and other safety supplies; decontaminates and cleans work clothes, and other items that is exposed to radioactive materials; and services special cleanroom protective wear and facilities. Further, it offers a range of garment service options, including full-service rental programs in which garments are cleaned and serviced; lease programs in which garments are cleaned and maintained by individual employees; and purchase programs to buy garments and related items directly. The company serves automobile service centers and dealers, delivery services, food and general merchandise retailers, food processors and service operations, light manufacturers, maintenance facilities, restaurants, service companies, soft and durable goods wholesalers, transportation companies, healthcare providers, government agencies, research and development laboratories, high technology companies, and utilities operating nuclear reactors, as well as others who require employee clothing for image, identification, protection, or utility purposes. UniFirst Corporation was founded in 1936 and is headquartered in Wilmington, Massachusetts.

174.15 USD

4.16 (2.39%)

UNF Financial Statements

Year

2024

2023

2022

2021

Total Revenue

2.43B

2.23B

2B

1.83B

Cost of Revenue

1.58B

1.48B

1.31B

1.14B

Gross Profit

847.6M

751.75M

694.37M

684.94M

Operating Expenses

664.02M

618.15M

560.02M

489.12M

Research and Development

0

0

0

0

Selling, General & Administrative Expenses

522.59M

496.92M

451.24M

383.16M

Selling & Marketing Expenses

0

9.9M

14.7M

3.5M

General & Administrative Expenses

0

487.01M

436.54M

379.66M

Other Expenses

141.43M

-1.5M

108.78M

105.95M

Operating Income

183.58M

133.51M

134.28M

195.82M

Total Other Income/Expenses Net

5.8M

5.23M

-26k

1.05M

Income Before Tax

189.38M

138.84M

134.32M

196.87M

Income Tax

43.91M

35.16M

30.92M

45.76M

Net Income

145.47M

103.67M

103.4M

151.11M

Basic EPS

7.79

5.77

5.71

8.32

EPS Diluted

7.77

5.53

5.46

7.94

Basic Average Shares

18.66M

17.97M

18.1M

18.15M

Diluted Average Shares

18.72M

18.76M

18.93M

19.04M

EBITDA

325.01M

262.03M

244.1M

302.76M

Retained Earning Schedule

Year

2024

2023

2022

2021

Retained Earnings (Previous Year)

1.93B

1.85B

1.81B

1.68B

Net Income

145.47M

103.67M

103.4M

151.11M

Stock Repurchases

-23.78M

-2.89M

-44.41M

-11.22M

Dividend Paid

-23.34M

-22.1M

-20.79M

-18.15M

Retained Earnings

2.03B

1.93B

1.85B

1.81B

Other Distributions

51.83M

56.4M

-26.68M

92.71M

PPE Schedule

Year

2024

2023

2022

2021

Gross PPE

868.29M

819.11M

715.17M

659.83M

Annual Depreciation

141.43M

123.19M

110.34M

107.39M

Capital Expenditure

-160.42M

-171.99M

-144.32M

-133.64M

Net PPE

887.28M

867.9M

749.14M

686.09M

Intangible and Goodwill Schedule

Year

2024

2023

2022

2021

Acquisitions and Adjustments

950k

190.64M

27.72M

4.69M

Goodwill (Previous Year)

647.9M

457.26M

429.54M

424.84M

Goodwill

648.85M

647.9M

457.26M

429.54M

All figures are in USD.

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