UniFirst Announces Revised Segment Reporting

WILMINGTON, Mass., Oct. 17, 2025 (GLOBE NEWSWIRE) -- Beginning with the fourth quarter and year ended August 30, 2025, UniFirst Corporation (the โ€œCompany,โ€ โ€œwe,โ€ or โ€œourโ€) will be changing the structure of its reporting organization, which will result in corresponding changes to the Companyโ€™s financial operating and reportable segments.ย 

Prior to this change, the Company had five reporting segments: U.S. and Canadian Rental and Cleaning, Manufacturing (โ€œMFGโ€), Corporate, First Aid, and Specialty Garments Rental and Cleaning (โ€œSpecialty Garmentsโ€). We previously referred to our U.S. and Canadian Rental and Cleaning, MFG, and Corporate segments combined as our โ€œCore Laundry Operations.โ€

Following this change, the Company will report results under three reportable segments as described below.ย  Our new reporting structure reflects how the Company currently oversees and manages the business, assesses performance and allocates resources, and will plan to continue to do so going forward.

Uniform & Facility Service Solutions: This reporting segment consolidates the former U.S. and Canadian Rental and Cleaning, MFG and Corporate segments and now includes our cleanroom solutions, which was previously part of the Specialty Garments reporting segment. The Uniform & Facility Service Solutions reporting segment designs, manufactures, purchases, rents, cleans, delivers and sells, uniforms and protective clothing and non-garment items in the U.S. and Canada.ย The segment, through our cleanroom solutions, also purchases, rents, cleans, delivers and sells specialty garments and non-garment items primarily for cleanroom applications and provides cleanroom cleaning at limited customer locations. ย Additionally, Uniform & Facility Service Solutions consists of our distribution center, sales and marketing, information systems, engineering, materials management, manufacturing planning, finance, budgeting, human resources, other general and administrative costs and interest expense.

First Aid & Safety Solutions: We renamed our First Aid reporting segment as the First Aid & Safety Solutions reporting segment to better reflect the scope of services and products offered. The First Aid & Safety Solutions reporting segment sells first aid cabinet services, non-prescription medicines and safety supplies, and provides certain safety training.

Other: This reporting segment currently consists of our nuclear solutions, which was previously part of the Specialty Garments reporting segment with our cleanroom solutions.ย  The segment purchases, rents, cleans, delivers and sells, specialty garments and non-garment items primarily for nuclear applications.

The following table summarizes the above-described modifications to our segments:ย 


Previous Segments (Prior to
May 31, 2025)

Summary of Modifications

Modified Segments (As
of June 1, 2025)
U.S. and Canadian Rental and
Cleaning*
U.S. and Canadian Rental and Cleaning, Manufacturing, Corporate and cleanroom solutions (from Specialty Garments) were combined to form โ€œUniform & Facility Service Solutionsโ€ Uniform & Facility Service
Solutions
Manufacturing*ย ย 
Corporate*ย ย 
First AidRenamed โ€œFirst Aid & Safety Solutionsโ€ with no changes to componentsFirst Aid & Safety Solutions
Specialty Garments Rental and
Cleaning
Previously consisted of nuclear and cleanroom solutions.

Renamed to โ€œOtherโ€ and modified to consist of nuclear operations.
Other

*Previously referred to collectively as our โ€œCore Laundry Operations.โ€

The key measures used by management to evaluate segment performance continue to be revenues and operating income. These measures are consistent with how the Companyโ€™s Chief Executive Officer, who serves as the Chief Operating Decision Maker, reviews financial results to assess performance and allocate resources. Adjusted EBITDA is also presented for additional informational purposes and to facilitate period-to-period comparisons of operating performance; however, it is not a measure presented in accordance with U.S. GAAP.

To assist investors in understanding the impact of these changes, the Company has provided recast supplemental unaudited information containing seven quarters of historical financial and operational metrics (from the first quarter of fiscal 2024 through the third quarter of fiscal 2025) for the three reportable segments. The recast financial information is accessible through the News Releases section of the Companyโ€™s Investor Relations website atย investors.unifirst.com.

The supplemental historical segment information does not represent a restatement or reissuance of previously issued financial statements and relates solely to changes in segment presentation. The modifications had no impact on the Companyโ€™s previously reported consolidated financial results.

About UniFirst Corporation

Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, as well as first aid and safety supplies and services. Together with its subsidiaries, the Company also manages specialized garment programs for the cleanroom and nuclear industries. In addition to partnering with leading brands, UniFirst manufactures its own branded workwear, protective clothing, and floorcare products at its three company-owned ISO-9001-certified manufacturing facilities. With more than 270 service locations, over 300,000 customer locations, and 16,000-plus employee Team Partners, the Company outfits more than 2 million workers every day. For additional information, contact UniFirst at 888.296.2740 or visit UniFirst.com. Follow UniFirst on Social Media: LinkedIn, Facebook, X, YouTube, Instagram.

ย ย ย ย ย ย 
Unaudited and Pro Forma Estimated Recast of Prior Financial Information
Revenue, Operating Income and Adjusted EBITDA
ย ย ย ย ย ย 
Recast of Financial Information for First Three Quarters of Fiscal 2025, Four Quarters of Fiscal 2024 and Fiscal Year End 2024
Revenue, Operating Income and Adjusted EBITDA
(Unaudited, in thousands of USD)
ย ย ย ย ย ย 
Selected Financial Data (Unaudited)ย ย ย ย ย 
ย Fiscal 2024ย Fiscal 2025
ย Thirteen Weeks Endedย Fourteen
Weeks
Ended
ย Year Endedย Thirteen Weeks Ended
ย 11/25/2023ย 2/24/2024ย 5/25/2024ย 8/31/2024ย 8/31/2024ย 11/30/2025ย 3/1/2025ย 5/31/2025
ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Revenueย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Uniform & Facility Service Solutions$544,928ย ย $543,862ย ย $549,218ย ย $586,022ย ย $2,224,030ย ย $552,752ย ย $551,407ย ย $554,331ย 
First Aid & Safety Solutionsย 24,867ย ย ย 24,829ย ย ย 27,292ย ย ย 29,283ย ย ย 106,271ย ย ย 26,222ย ย ย 27,454ย ย ย 29,787ย 
Otherย 23,730ย ย ย 22,020ย ย ย 26,818ย ย ย 24,562ย ย ย 97,130ย ย ย 25,934ย ย ย 23,358ย ย ย 26,660ย 
Consolidated Revenues$593,525ย ย $590,711ย ย $603,328ย ย $639,867ย ย $2,427,431ย ย $604,908ย ย $602,219ย ย $610,778ย 
ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Operating Incomeย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Uniform & Facility Service Solutions$48,873ย ย $25,942ย ย $43,378ย ย $50,834ย ย $169,027ย ย $48,520ย ย $30,172ย ย $43,243ย 
First Aid & Safety Solutionsย (1,071)ย ย (1,004)ย ย 148ย ย ย 95ย ย ย (1,832)ย ย 341ย ย ย (486)ย ย 525ย 
Otherย 5,335ย ย ย 3,005ย ย ย 4,924ย ย ย 3,119ย ย ย 16,383ย ย ย 6,670ย ย ย 1,528ย ย ย 4,409ย 
Consolidated Operating Income$53,137ย ย $27,943ย ย $48,450ย ย $54,048ย ย $183,578ย ย $55,531ย ย $31,214ย ย $48,177ย 
ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Adjusted EBITDA Reconciliationย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Net Income$42,325ย ย $20,457ย ย $38,057ย ย $44,635ย ย $145,474ย ย $43,105ย ย $24,459ย ย $39,680ย 
Provision for income taxesย 12,930ย ย ย 7,261ย ย ย 11,277ย ย ย 12,437ย ย ย 43,905ย ย ย 14,831ย ย ย 8,174ย ย ย 13,715ย 
Interest income, netย (2,834)ย ย (350)ย ย (1,406)ย ย (2,652)ย ย (7,242)ย ย (2,695)ย ย (2,213)ย ย (2,514)
Depreciation and amortizationย 33,733ย ย ย 35,160ย ย ย 34,560ย ย ย 37,979ย ย ย 141,432ย ย ย 34,808ย ย ย 34,946ย ย ย 34,722ย 
Share-based compensation expenseย 2,534ย ย ย 2,308ย ย ย 2,303ย ย ย 2,628ย ย ย 9,773ย ย ย 2,836ย ย ย 3,198ย ย ย 3,015ย 
Gain on the sale of propertiesย -ย ย ย -ย ย ย -ย ย ย -ย ย ย -ย ย ย -ย ย ย -ย ย ย (2,792)
Executive transaction costsย -ย ย ย -ย ย ย -ย ย ย -ย ย ย -ย ย ย 1,075ย ย ย 354ย ย ย -ย 
Consolidated Adjusted EBITDA$88,688ย ย $64,836ย ย $84,791ย ย $95,027ย ย $333,342ย ย $93,960ย ย $68,918ย ย $85,826ย 
ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Uniform & Facility Service Solutions
Adjusted EBITDA Reconciliationย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Net Income$50,992ย ย $25,716ย ย $44,262ย ย $53,858ย ย $174,828ย ย $50,925ย ย $31,591ย ย $48,461ย 
Interest income, netย (2,834)ย ย (350)ย ย (1,406)ย ย (2,652)ย ย (7,242)ย ย (2,695)ย ย (2,213)ย ย (2,514)
Depreciation and amortizationย 32,228ย ย ย 33,424ย ย ย 32,965ย ย ย 36,214ย ย ย 134,831ย ย ย 33,110ย ย ย 33,234ย ย ย 32,990ย 
Share-based compensation expenseย 2,389ย ย ย 2,154ย ย ย 2,177ย ย ย 2,473ย ย ย 9,193ย ย ย 2,688ย ย ย 3,028ย ย ย 2,858ย 
Gain on the sale of propertiesย -ย ย ย -ย ย ย -ย ย ย -ย ย ย -ย ย ย -ย ย ย -ย ย ย (2,792)
Executive transaction costsย -ย ย ย -ย ย ย -ย ย ย -ย ย ย -ย ย ย 1,075ย ย ย 354ย ย ย -ย 
Total Adjusted EBITDA$82,775ย ย $60,944ย ย $77,998ย ย $89,893ย ย $311,610ย ย $85,103ย ย $65,994ย ย $79,003ย 
ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
First Aid & Safety Solutions
Adjusted EBITDA Reconciliationย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Net Income$(1,072)ย $(1,003)ย $148ย ย $95ย ย $(1,832)ย $341ย ย $(486)ย $525ย 
Depreciation and amortizationย 758ย ย ย 963ย ย ย 809ย ย ย 913ย ย ย 3,443ย ย ย 885ย ย ย 947ย ย ย 975ย 
Share-based compensation expenseย 22ย ย ย 25ย ย ย 25ย ย ย 27ย ย ย 99ย ย ย 27ย ย ย 29ย ย ย 30ย 
Total Adjusted EBITDA$(292)ย $(15)ย $982ย ย $1,035ย ย $1,710ย ย $1,253ย ย $490ย ย $1,530ย 
ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Other
Adjusted EBITDA Reconciliationย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Net Income$5,335ย ย $3,005ย ย $4,924ย ย $3,119ย ย $16,383ย ย $6,670ย ย $1,528ย ย $4,409ย 
Depreciation and amortizationย 747ย ย ย 773ย ย ย 786ย ย ย 852ย ย ย 3,158ย ย ย 813ย ย ย 765ย ย ย 757ย 
Share-based compensation expenseย 123ย ย ย 129ย ย ย 101ย ย ย 128ย ย ย 481ย ย ย 121ย ย ย 141ย ย ย 127ย 
Total Adjusted EBITDA$6,205ย ย $3,907ย ย $5,811ย ย $4,099ย ย $20,022ย ย $7,604ย ย $2,434ย ย $5,293ย 
ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Unallocated Adjustments*
Adjusted EBITDA Reconciliationย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 
Net Income$(12,930)ย $(7,261)ย $(11,277)ย $(12,437)ย $(43,905)ย $(14,831)ย $(8,174)ย $(13,715)
Provision for income taxesย 12,930ย ย ย 7,261ย ย ย 11,277ย ย ย 12,437ย ย ย 43,905ย ย ย 14,831ย ย ย 8,174ย ย ย 13,715ย 
Total Adjusted EBITDA$-ย ย $-ย ย $-ย ย $-ย ย $-ย ย $-ย ย $-ย ย $-ย 
ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย ย 

* Amounts reflected as โ€œUnallocated Adjustmentsโ€ represent corporate and other items that are not included within the reportable segments and net to zero in consolidation.

Investor Relations Contact
Shane Oโ€™Connor, Executive Vice President & CFO
UniFirst Corporationย ย ย ย ย ย ย ย 
978-658-8888
shane_oconnor@unifirst.com


Primary Logo

Recent Quotes

View More
Symbol Price Change (%)
AMZN  247.38
+1.09 (0.44%)
AAPL  259.37
+0.33 (0.13%)
AMD  203.17
-1.51 (-0.74%)
BAC  55.85
-0.33 (-0.59%)
GOOG  329.14
+3.13 (0.96%)
META  653.06
+7.00 (1.08%)
MSFT  479.28
+1.17 (0.24%)
NVDA  184.86
-0.18 (-0.10%)
ORCL  198.52
+9.37 (4.95%)
TSLA  445.01
+9.21 (2.11%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Gift this article