UniFirst Q2 revenue rises 3.4% to $622.5 million; net income falls to $20.5 million
UniFirst reported fiscal second-quarter 2026 results, with revenue up 3.4% to $622.5 million but net income down to $20.5 million from $24.5 million and diluted EPS down to $1.13 from $1.31. The company said it is no longer providing financial guidance or hosting quarterly conference calls because of its pending transaction with Cintas, under which UniFirst shareholders would receive $155.00 in cash and 0.7720 Cintas shares per share.
Key points
- Operating income was $26.0 million versus $31.2 million a year earlier; operating margin was 4.2% versus 5.2%.
- Costs related to the enterprise resource planning project reduced diluted EPS by $0.12 in the quarter.
- Shareholder engagement and proxy costs of about $2.0 million and employee-related legal expenses of $2.5 million were recorded.
- The company repurchased no shares in the quarter and had $8.9 million remaining under its repurchase authorization.
The filing
Written by AI on Nov 8, 2026, 2:07 AM ET, from this filing 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 April 01, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.