G&K Services Reports Fiscal 2016 First Quarter Results

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G&K Services (GK) Misses Q1 EPS by 2c

October 27, 2015 8:13 AM EDT

G&K Services (NASDAQ: GK) reported Q1 EPS of $0.80, $0.02 worse than the analyst estimate of $0.82. Revenue for the quarter came in at $237.2 million versus the consensus estimate of $237.71 million.

The negative impact of foreign currency exchange, together with a higher effective tax rate,... More