UniFirst Corp (UNF) Tops Q4 EPS by 4c; Issues Mixed FY17 Outlook
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UniFirst Announces Financial Results for the Fourth Quarter and Full Year of Fiscal 2016
October 19, 2016 8:00 AM EDTWILMINGTON, Mass., Oct. 19, 2016 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) today announced results for its fourth quarter and full year ended August 27, 2016. Revenues for the quarter were $363.8 million, up 1.3% from $359.2 million in the same year ago period. Net income was $35.5 million ($1.74 per diluted share), compared to net income of $28.9 million ($1.43 per diluted share) in the fourth quarter of fiscal 2015. Full year revenues were $1.468 billion, up 0.8% from fiscal 2015. Net income for the full year was $125.0 million ($6.17 per diluted share) compared to net income of $124.3 million ($6.15 per diluted share) in the prior year.
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