UniFirst Corp (UNF) Tops Q3 EPS by 38c, Offers Guidance

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Go back to UniFirst Corp (UNF) Tops Q3 EPS by 38c, Offers Guidance

UniFirst Announces Financial Results for the Third Quarter of Fiscal 2021

June 30, 2021 8:00 AM EDT

WILMINGTON, Mass., June 30, 2021 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the Company, UniFirst or we) today reported results for its third quarter ended May 29, 2021 as compared to the corresponding period in the prior fiscal year:

Q3 2021 Financial Highlights

Consolidated revenues for the third quarter increased 4.2% to $464.3 million.Operating income was $54.2 million, an increase of 95.5%.The quarterly tax rate increased to 22.9% compared to 21.8% in the prior year.Net income increased to $42.0 million, or 97.4%.Diluted earnings per share increased to $2.21 from $1.12, or... More