UniFirst Corp (UNF) Releases Earnings Results, Beats Expectations By $0.15 EPS

UniFirst Corp (UNF) reported quarterly earnings results on Wednesday, Jun-29-2016. The company said it had a profit of $1.49 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.15. Analysts had a consensus of $1.34. The company posted revenue of $367.80 million in the period, compared to analysts expectations of $366.27 million. The company’s revenue was up .6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.61 EPS.

UniFirst Corp closed down -4.2 points or -3.80% at $106.21 with 1,49,516 shares getting traded on Monday. Post opening the session at $109, the shares hit an intraday low of $105.79 and an intraday high of $109.97 and the price fluctuated in this range throughout the day.Shares ended Monday session in Red.

In a different news, on Jun 27, 2016, David A Difillippo (Senior VP of Operations) sold 1,267 shares at $109.00 per share price. According to the SEC, on Jun 21, 2016, Steven S Sintros (Senior VP of Finance and CFO) sold 1,070 shares at $113.16 per share price. On Apr 20, 2016, Kathleen M Camilli (director) sold 91 shares at $112.55 per share price, according to the Form-4 filing with the securities and exchange commission.

UniFirst Corporation (UniFirst) is a provider of workplace uniforms and protective work wear clothing in the United States. The Company designs manufactures personalizes rents cleans delivers and sells a range of uniforms and protective clothing including shirts pants jackets coveralls lab coats smocks aprons and specialized protective wear such as flame resistant and high visibility garments. The Company operates in five reporting segments: US and Canadian Rental and Cleaning Manufacturing (MFG) Specialty Garments Rental and Cleaning (Specialty Garments) First Aid and Corporate. It also rents industrial wiping products floor mats facility service products other non-garment items and provides restroom and cleaning supplies and first aid cabinet services and other safety supplies to a variety of manufacturers retailers and service companies. It serves businesses of all sizes in numerous industry categories.

UniFirst Corp

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