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AI brief of an SEC Form 8-K · Vestis (VSTS)

Vestis posts $6.4 million Q1 net loss on lower revenue; reaffirms fiscal 2026 outlook

Negative Impact 3 of 5 earnings Written later

Vestis reported fiscal first-quarter 2026 results for the quarter ended January 2, 2026, with revenue of $663.4 million, down 3.0% from a year earlier, and a net loss of $6.4 million, or $(0.05) per diluted share, compared with net income of $0.8 million a year earlier. The company reaffirmed its fiscal 2026 outlook, including Adjusted EBITDA of $285 million to $315 million, so shareholders face a year-over-year decline in results with no change to the full-year targets.

Key points

  • Revenue was $663.4 million, down $20.4 million year over year, on flat total volume
  • Net loss was $6.4 million, or $(0.05) per diluted share, versus net income of $0.8 million, or $0.01 per share, a year earlier
  • Adjusted EBITDA was $70.4 million, or 10.6% of revenue, compared with $81.2 million, or 11.9%, a year earlier
  • Fiscal 2026 outlook reaffirmed: revenue flat to down 2%, Adjusted EBITDA $285 million to $315 million, Free Cash Flow $50 million to $60 million

The filing

CompanyVestis (VSTS)
Form8-K, current report
Filed with the SECFeb 10, 2026, 7:10 AM ET
Accession number0001628280-26-006644

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:54 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 February 10, 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.