Unifirst Corp Up 2.24% To $170.90 After Earnings

Unifirst Corp (UNF) said before open Wednesday that it broke even in quarter two 2024.

In the same quarter a year ago, the company earned $1.39 per share on revenue of $542.7 million.

The stock is up 2.24% to $170.90 after the report.

Unifirst Corp's profit margins maintained as both earnings and revenue declined at the same pace.

Wall Street Analysts had an average rating of Hold on the stock prior to the report.

InvestorsObserver gives the stock a Bearish Sentiment score at the moment based on recent trading.

Prior to the report, InvestorsObserver gave the stock an overall score of 20. Meanwhile, the average Wall Street analyst rated the stock a Hold.

UniFirst Corp provides workplace uniforms, protective clothing, and other workplace products and services to businesses in the United States, Canada, and Europe. The U.S. and Canadian Rental and Cleaning segment that accounts for the majority of the company engages in sales rents and sells clothing and non-garment items, and offers a cleaning service that delivers clean uniforms when it picks up dirty or contaminated ones. Manufacturing segment designs and manufactures uniforms and non-garment items. Specialty garments rental and cleaning segment provides specialty garments, non-garments, and cleaning services for nuclear and classroom applications. The First Aid segment provides safety supplies and pill packaging. The Corporate segment consists of various associated costs.