UniFirst Corp (UNF) Tops Q2 EPS by 15c

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Go back to UniFirst Corp (UNF) Tops Q2 EPS by 15c

UniFirst Announces Financial Results for the Second Quarter of Fiscal 2019

March 27, 2019 8:01 AM EDT

WILMINGTON, Mass., March 27, 2019 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) today announced results for its second quarter ended February 23, 2019. Revenues for the quarter were $437.5 million, an increase of 4.3% from last year's second quarter. Operating income increased 48.9% from the prior year period to $62.4 million. Net income in the quarter decreased to $47.6 million ($2.48 per diluted share) from $58.4 million ($2.85 per diluted share) in the second quarter of fiscal 2018.

The Company's operating income and net income both benefited from a pre-tax gain of $21.1 million in the second quarter of 2019. This gain... More