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UniFirst Shareholder Urges Trustees to Explore Potential Sale
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UniFirst Shareholder Urges Trustees to Explore Potential Sale
Nov 25, 2025 7:30 AM

10:13 AM EST, 11/25/2025 (MT Newswires) -- UniFirst ( UNF ) shareholder Engine Capital urged the company to explore a potential sale to maximize shareholder value, the investment firm said in a letter Tuesday to UniFirst's ( UNF ) trustees.

Engine Capital said it has made "repeated attempts" to engage with the trustees but its efforts have been rebuffed. Apart from the sale, the shareholder urged UniFirst ( UNF ) to expand its board to eight members and add its nominee.

Engine Capital, which said it owns a 3.2% stake in UniFirst ( UNF ), also raised concerns over "internal divisions and infighting" within the trustees' family, the letter showed.

UniFirst ( UNF ) did not immediately respond to MT Newswires' request for comment

Shares of UniFirst ( UNF ) were up more than 3% in recent Tuesday trading.

Price: 168.11, Change: +5.82, Percent Change: +3.58

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