Vestis Q4 revenue rises 4.1% on extra week, but operating income falls to $18 million
Vestis reported fiscal fourth-quarter 2025 revenue of $712 million, up 4.1% year over year, but the increase reflects an extra week worth $51.6 million; excluding it, revenue fell 3.5%. Operating income fell to $17.6 million from $29.8 million, and the company swung to a net loss of $12.5 million, or $(0.10) per diluted share, from a $2.3 million loss a year earlier. The company also launched a multi-year restructuring plan and issued fiscal 2026 guidance calling for flat to 2% lower revenue and Adjusted EBITDA of $285 million to $315 million.
Key points
- Q4 operating income was $17.6 million versus $29.8 million a year earlier; net loss was $12.5 million, or $(0.10) per diluted share, versus $(0.02)
- Excluding the extra week, fourth-quarter revenue declined 3.5%, with rental revenue down $18.1 million mainly from lost business
- Restructuring plan expected to cost about $25 million to $30 million, be substantially complete by end of 2027, and deliver at least $75 million in annual operating cost savings by end of fiscal 2026
- Fiscal 2026 outlook: revenue flat to down 2% versus normalized fiscal 2025, Adjusted EBITDA of $285 million to $315 million, and Free Cash Flow of $50 million to $60 million
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:54 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 December 01, 2025.
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.