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UniFirst's Fiscal Q2 Income, Revenue Rise; Fiscal 2024 Outlook Adjusted
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UniFirst's Fiscal Q2 Income, Revenue Rise; Fiscal 2024 Outlook Adjusted
Mar 27, 2024 6:00 AM

08:31 AM EDT, 03/27/2024 (MT Newswires) -- UniFirst ( UNF ) reported fiscal Q2 income Wednesday of $1.09 per diluted share, up from $0.95 a year earlier.

Four analysts polled by Capital IQ expected $1.23.

Revenue for the quarter ended Feb. 24 was $590.7 million, up from $542.7 million a year earlier.

Four analysts surveyed by Capital IQ expected $587.8 million.

For fiscal 2024, the company said it now expects diluted EPS in the range of $6.80 to $7.16, compared with its prior outlook of $6.52 to $7.16. Four analysts polled by Capital IQ expect $6.90.

Revenue for the fiscal year is now expected in the range of $2.42 billion to $2.43 billion, compared with its previous range of $2.42 billion to $2.44 billion. Four analysts surveyed by Capital IQ expect $2.42 billion.

Price: 165, Change: -2.15, Percent Change: -1.29

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