UniFirst Q3 net income rises 56.8% to $38.1 million; EPS outlook $7.17-$7.49
UniFirst reported third-quarter fiscal 2024 results for the quarter ended May 25, 2024, with revenues up 4.6% to $603.3 million and diluted earnings per share of $2.03, compared with $1.29 a year earlier. The company continued to expect fiscal 2024 revenues of $2.415 billion to $2.425 billion and gave a diluted EPS outlook of $7.17 to $7.49. For shareholders, headline revenue and profit measures rose, although the Specialty Garments operating margin declined.
Key points
- Revenues rose 4.6% to $603.3 million; net income rose to $38.1 million from $24.3 million.
- Operating income was $48.5 million, up 45.1%; diluted EPS was $2.03 versus $1.29.
- Specialty Garments revenue fell 3.7% to $47.6 million and its operating margin decreased to 23.9% from 25.2%.
- Fiscal 2024 revenue outlook of $2.415 billion to $2.425 billion was maintained; diluted EPS outlook is $7.17 to $7.49.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 2:07 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on June 26, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.