UniFirst Corp (UNF) Tops Q4 EPS by 42c, Offer FY Guidance

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Go back to UniFirst Corp (UNF) Tops Q4 EPS by 42c, Offer FY Guidance

UniFirst Announces Financial Results for the Fourth Quarter and Full Year of Fiscal 2018

October 17, 2018 8:00 AM EDT

WILMINGTON, Mass., Oct. 17, 2018 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) today announced results for its fourth quarter and full year ended August 25, 2018.  Revenues for the quarter were $434.1 million, up 7.6% from $403.6 million in the comparable prior year period and full year revenues were $1.696 billion, up 6.6% from $1.591 billion in fiscal 2017.

Operating income for the quarter was $41.4 million compared to an operating loss of $10.4 million in the fourth quarter of fiscal 2017.  The Companys operating income in the fourth quarter of fiscal 2018 was reduced by a one-time cash bonus to its employees... More