UniFirst Corp (UNF) Tops Q1 EPS by 51c, Offers FY Guidance
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UniFirst Announces Financial Results for the First Quarter of Fiscal 2020
January 8, 2020 8:00 AM ESTWILMINGTON, Mass., Jan. 08, 2020 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the Company) today reported results for its first quarter ended November 30, 2019 as compared to the corresponding period in the prior fiscal year:
Q1 2020 Financial Highlights
Consolidated revenues for the first quarter increased 6.1% to $465.4 million.Operating income was $60.1 million, an increase of 19.2%.The effective tax rate for the quarter decreased to 22.1% from 26.2%.Net income in the quarter... More