UniFirst Corporation is a leading provider of workplace uniforms and career apparel in North America. The company specializes in the design, manufacturing, and rental of high-quality uniforms and related products, serving a diverse range of industries, including hospitality, healthcare, and industrial sectors. In addition to uniforms, UniFirst offers a variety of facilities services, such as floor mats, restroom supplies, and first-aid products, ensuring comprehensive solutions for maintaining a clean and professional work environment. With a commitment to sustainability and customer satisfaction, UniFirst delivers tailored services that support businesses in enhancing their brand image while streamlining operational efficiencies. Read More
WILMINGTON, Mass., Dec. 22, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (the “Company” or “UniFirst”) (NYSE: UNF) today confirmed it received an unsolicited, non-binding proposal from Cintas Corporation (“Cintas”) (NASDAQ: CTAS) to acquire all the outstanding UniFirst common and Class B shares for $275.00 per share in cash on December 12, 2025.
WILMINGTON, Mass., Dec. 22, 2025 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2026 first quarter results on January 7, 2026 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on January 7, 2026 to discuss its quarterly financial results, business highlights and outlook. In addition, the Company may answer one or more questions concerning business and financial developments and trends, the Company’s view on earnings forecasts and other business and financial matters affecting the Company, some of the responses to which may contain information that has not been previously disclosed.
As we await the opening of the US market on Monday, let's delve into the pre-market session and discover the top gainers and losers shaping the early market sentiment.
Wall Street’s bearish price targets for the stocks in this article signal serious concerns.
Such forecasts are uncommon in an industry where maintaining cordial corporate relationships often trumps delivering the hard truth.
Engine Capital LP (together with its affiliates, “Engine” or “we”), which owns approximately 3.2% of the outstanding shares of common stock of UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”), today commented on the results of the Company’s 2026 Annual Meeting (the “Meeting”).
A company that generates cash isn’t automatically a winner.
Some businesses stockpile cash but fail to reinvest wisely, limiting their ability to expand.
Engine Capital LP (together with its affiliates, “Engine” or “we”), which owns approximately 3.2% of the outstanding shares of common stock of UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”), today announced that independent proxy advisory firms Glass, Lewis & Co. (“Glass Lewis”) and Egan-Jones Ratings Company (“Egan-Jones”) have joined Institutional Shareholder Services Inc. (“ISS”) in recommending that UniFirst shareholders vote “FOR” the election of Engine’s director candidates, Arnaud Ajdler and Michael Croatti, on the BLUE universal proxy card at the 2026 Annual Meeting of Shareholders to be held on December 15, 2025.
Engine Capital LP (together with its affiliates, “Engine” or “we”), which owns approximately 3.2% of the outstanding shares of common stock of UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”), today announced that Institutional Shareholder Services Inc. (“ISS”), a leading independent proxy advisory firm, has recommended that UniFirst shareholders send a clear message to the Company’s Board of Directors (the “Board”) that the status quo is untenable by voting “FOR” the election of Engine’s director candidates, Arnaud Ajdler and Michael Croatti, on the BLUE universal proxy card at the 2026 Annual Meeting of Shareholders to be held on December 15, 2025.
Engine Capital LP (together with its affiliates, “Engine” or “we”), a top five independent common stock shareholder of UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”) with ownership of approximately 3.2% of the Company’s outstanding shares of common stock, today released an open letter to the Company’s independent directors: Joseph M. Nowicki, Sergio A. Pupkin, Raymond C. Zemlin, Cecilia McKenney, and Michael Iandoli.
Engine Capital LP (together with its affiliates, “Engine” or “we”), a top five independent common shareholder of UniFirst Corporation (NYSE: UNF) (“UniFirst” or the “Company”) with ownership of approximately 3.2% of the Company’s outstanding shares of common stock, today released the following open letter to the Company’s trustees: Carol Croatti, Matthew Croatti, Cynthia Croatti, and Cecelia Levenstein. The decision to publicly release the letter follows several attempts by Engine to engage privately and in good faith with the Company’s trustees and Board of Directors (the “Board”) regarding the urgent need to strengthen the Board and pursue a value-maximizing sale of UniFirst.
The Russell 2000 (^RUT) is packed with potential breakout stocks, thanks to its focus on smaller companies with high growth potential.
However, smaller size also means these businesses often lack the resilience and financial flexibility of large-cap firms, making careful selection crucial.
Business services providers use their specialized expertise to help enterprises streamline operations and cut costs. Still, investors are uneasy as firms face challenges from AI-driven disruptors and tightening corporate budgets.
These doubts have certainly contributed to services stocks’ recent underperformance - over the past six months, the industry’s 6.1% gain has fallen behind the S&P 500’s 16.3% rise.
Over the last six months, UniFirst’s shares have sunk to $156.42, producing a disappointing 12.4% loss - a stark contrast to the S&P 500’s 22.6% gain. This was partly due to its softer quarterly results and might have investors contemplating their next move.
UniFirst’s third-quarter results were met with a negative market reaction, as revenue declined year over year and management acknowledged persistent headwinds. CEO Steven Sintros cited a softer employment environment and more pronounced reductions in wearer numbers—referring to the number of employees at customer companies who use UniFirst’s uniform services—as key drivers of lower overall growth. Sintros described the quarter as “modestly exceeding our expectations in top-line performance” but emphasized that improvements in customer retention and new account installations were offset by external industry challenges.
WILMINGTON, Mass., Oct. 28, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared increased quarterly cash dividends of $0.365 per share (36.5 cents) on the Company's Common Stock and $0.292 per share (29.2 cents) on the Company's Class B Common Stock. Both dividends are payable on January 2, 2026 to shareholders of record on December 5, 2025.
Shares of workplace uniform provider UniFirst (NYSE:UNF) fell 5.9% in the afternoon session after the company released disappointing financial guidance for its 2026 fiscal year, which overshadowed its fourth-quarter results.
Workplace uniform provider UniFirst (NYSE:UNF) reported revenue ahead of Wall Street’s expectations in Q3 CY2025, but sales fell by 4% year on year to $614.4 million. On the other hand, the company’s full-year revenue guidance of $2.49 billion at the midpoint came in 0.8% below analysts’ estimates. Its GAAP profit of $2.23 per share was 7.3% above analysts’ consensus estimates.
Shares of workplace uniform provider UniFirst (NYSE:UNF) fell 6.3% in the morning session after the company's better-than-expected third-quarter results were overshadowed by a disappointing full-year financial outlook.
Workplace uniform provider UniFirst (NYSE:UNF) beat Wall Street’s revenue expectations in Q3 CY2025, but sales fell by 4% year on year to $614.4 million. On the other hand, the company’s full-year revenue guidance of $2.49 billion at the midpoint came in 0.8% below analysts’ estimates. Its GAAP profit of $2.23 per share was 7.5% above analysts’ consensus estimates.
