UniFirst Corp (UNF) Tops Q4 EPS by 21c

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UniFirst Announces Financial Results for the Fourth Quarter and Full Year of Fiscal 2017

October 18, 2017 8:00 AM EDT

WILMINGTON, Mass., Oct. 18, 2017 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) today announced results for its fourth quarter and full year ended August 26, 2017. Revenues for the quarter were $403.6 million, up 10.9% from $363.8 million in the same year ago period and full year revenues were $1.591 billion, up 8.4% from $1.468 billion in fiscal 2016.

Net loss in the quarter was $4.9 million ($(0.24) per diluted share), compared to net income of $35.5 million ($1.74 per diluted share) in the fourth quarter of fiscal 2016.  Net income for the full year was $70.2 million ($3.44 per diluted share) compared to $125.0 million ($6.17 per diluted... More