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More on UniFirst's FQ3

Jun. 29, 2016 8:27 AM ETUniFirst Corporation (UNF) StockBy: Niloofer Shaikh, SA News Editor
  • Unifirst (NYSE:NYSE:UNF) reports Core Laundry revenue rose 1.1% to $331.22M in FQ3.
  • Specialty Garments segment revenue fell 6.9% to $24.08M
  • First Aid segment revenue grew 4.6% to $12.49M.
  • Gross margin rate dropped 50 bps to 38.8%.
  • Operating margin rate fell 140 bps to 12.9%.
  • Segment earnings: Core Laundry operations: $42.78M (-8.8%); Specialty Garment: $3.56M (-11.7%); First Aid: $1.57M (+13.6%).
  • FY2016 Guidance: Revenues: $1.46B to $1.47B; Diluted EPS: $5.45 to $5.65.

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