UNIFIRST ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER OF FISCAL 2020
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- Nasdaq futures drop over 2% on concerns over AI buildout costs, Fed rate outlook
- Nasdaq 100 set to shed over $1 trillion as tech selloff deepens; SpaceX slides
- Oil prices fall as investors focus on Hormuz flows after peace talks
- SpaceX slides, tech stocks dip — what’s moving markets
- Deutsche Bank cuts gold outlook as Fed repricing weighs on prices
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
UniFirst Corp (UNF) Tops Q2 EPS by 17c, Revenues Beat
April 1, 2020 8:03 AM EDTUniFirst Corp (NYSE: UNF) reported Q2 EPS of $1.82, $0.17 better than the analyst estimate of $1.65. Revenue for the quarter came in at $464.6 million versus the consensus estimate of $457.48 million.
Q2 2020 Financial Highlights
Consolidated revenues for the second quarter increased 6.2% to $464.6 million.Operating income was $44.1 million, a decrease of 29.3%.The effective tax rate for the quarter decreased to 24.2% from 24.9%.Net income in the quarter decreased to $34.7 million from $47.6 million, or 27.2%.Diluted earnings per share decreased to $1.82 from $2.48, or 26.6%.Operating income in the second quarter of fiscal 2019 benefited... More
