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UniFirst: Fiscal 3Q Earnings Snapshot

June 26, 2019

WILMINGTON, Mass. (AP) _ UniFirst Corp. (UNF) on Wednesday reported fiscal third-quarter profit of $47.2 million.

The Wilmington, Massachusetts-based company said it had net income of $2.46 per share.

The results topped Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.70 per share.

The uniform provider posted revenue of $453.7 million in the period.

UniFirst expects full-year earnings to be $8.75 to $8.85 per share, with revenue in the range of $1.8 billion to $1.81 billion.

UniFirst shares have increased 16% since the beginning of the year. The stock has dropped roughly 8% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UNF at https://www.zacks.com/ap/UNF

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