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UniFirst Corp (UNF.N)

UNF.N on New York Stock Exchange

160.85USD
25 Apr 2018
Change (% chg)

$0.75 (+0.47%)
Prev Close
$160.10
Open
$160.10
Day's High
$161.00
Day's Low
$159.45
Volume
16,610
Avg. Vol
21,175
52-wk High
$175.45
52-wk Low
$135.45

Latest Key Developments (Source: Significant Developments)

Unifirst Corp Says ‍On March 27, Co Entered Into A Stock Repurchase Agreement​
Wednesday, 28 Mar 2018 

March 28 (Reuters) - Unifirst Corp ::UNIFIRST CORP - ‍ON MARCH 27, 2018, CO ENTERED INTO A STOCK REPURCHASE AGREEMENT​.UNIFIRST CORP - CO REPURCHASED 1.1 MILLION SHARES OF CLASS B COMMON STOCK OF CO, 73,000 SHARES OF COMMON STOCK OF CO AT PRICE PER SHARE EQUAL TO $124.00​.  Full Article

UniFirst Q2 Earnings Per Share $2.85
Wednesday, 28 Mar 2018 

March 28 (Reuters) - UniFirst Corp ::UNIFIRST ANNOUNCES FINANCIAL RESULTS FOR THE SECOND QUARTER OF FISCAL 2018, $146.0 MILLION SHARE REPURCHASE AND QUARTERLY DIVIDEND INCREASE.Q2 EARNINGS PER SHARE $2.85.SEES FY 2018 REVENUE $1.66 BILLION TO $1.67 BILLION.Q2 REVENUE $419.3 MILLION VERSUS I/B/E/S VIEW $405.6 MILLION.Q2 EARNINGS PER SHARE VIEW $1.14 -- THOMSON REUTERS I/B/E/S.SEES FY 2018 EARNINGS PER SHARE $7.45 TO $7.65.Q2 NET INCOME POSITIVELY IMPACTED BY U.S. TAX CUTS AND JOBS ACT RESULTING IN BENEFIT TO CO'S PROVISION FOR INCOME TAXES OF $30.1 MILLION.REPURCHASED 1.105 MILLION SHARES OF CLASS B COMMON STOCK, 0.073 MILLION SHARES OF COMMON STOCK FOR COMBINED $146.0 MILLION AT $124.00/SHARE.WILL BE RAISING ITS QUARTERLY DIVIDEND TO $0.1125 PER SHARE FOR COMMON STOCK AND TO $0.09 PER SHARE FOR CLASS B COMMON STOCK.FY2018 EARNINGS PER SHARE VIEW $5.56, REVENUE VIEW $1.65 BILLION -- THOMSON REUTERS I/B/E/S.TAX REFORM & $146.0 MILLION SHARE REPURCHASE ANTICIPATED TO RESULT IN ESTIMATED $0.15 INCREASE TO 2018 EARNINGS PER SHARE.  Full Article

Unifirst Corp reports Q4 loss per share of $0.24
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - Unifirst Corp ::Says Q4 adjusted earnings per share $1.44.Says Q4 loss per share $0.24.Q4 revenue $403.6 million versus I/B/E/S view $392.2 million.Q4 earnings per share view $1.23 -- Thomson Reuters I/B/E/S.Says Sees FY 2018 earnings per share $5.00 to $5.30.Says Sees FY 2018 revenue $1.625 billion to $1.645 billion.Says expect fiscal 2018 revenue to be between $1.625 billion & $1.645 billion.Says expects full year 2018 diluted eps to be between $5.00 and $5.30​.  Full Article

Unifirst Corp expects to recognize an impairment of capitalized costs as part of its ongoing CRM systems project
Thursday, 21 Sep 2017 

Sept 21 (Reuters) - Unifirst Corp :Unifirst Corp - expects to recognize an impairment of capitalized costs as part of its ongoing CRM systems project.Unifirst-Co expects non-cash charge related to impairment will be between $50 million and $60 million and recognized in its results for Q4 ended Aug. 26, 2017.Unifirst Corp - after tax impact of the charge is expected to be between $31 million and $37 million.  Full Article

Unifirst Corp names Steven S. Sintros president and chief executive officer
Monday, 31 Jul 2017 

July 31 (Reuters) - Unifirst Corp :Unifirst Corporation names Steven S. Sintros president and chief executive officer.Unifirst Corp says sintros succeeds Ronald D. Croatti, who passed away unexpectedly in May 2017.  Full Article

Unifirst appoints executive management committee
Thursday, 1 Jun 2017 

June 1 (Reuters) - Unifirst Corp :Unifirst appoints executive management committee.Unifirst Corp - following death of Ronald Croatti, co's chairman, president and CEO, board appointed an executive management committee.Unifirst Corp - executive management committee will lead company on an interim basis while board conducts process of selecting a new CEO.Unifirst - committee will consist of senior executive and management team of co, administrative chair of committee will be Steven Sintros, co's CFO.  Full Article

UniFirst Corp says CEO Ronald Croatti has died
Wednesday, 24 May 2017 

May 24 (Reuters) - Unifirst Corp ::UniFirst Corp says UniFirst mourns loss of president and CEO Ronald D. Croatti.UniFirst Corp says ‍board will promptly begin process to select a new CEO and will consider company's interim management arrangements​.  Full Article

UniFirst says CEO Croatti on temporary medical leave of absence
Tuesday, 16 May 2017 

May 15 (Reuters) - UniFirst Corp ::UniFirst Corp president and CEO on temporary medical leave of absence.UniFirst Corp - Ronald Croatti, CEO is on a temporary medical leave of absence as a result of significant complications associated with pneumonia.UniFirst Corp - Ronald D. Croatti expected to face an extended recovery period and timing of his return is uncertain.As timetable for Croatti's recovery becomes clearer, board of directors will further consider this interim governance plan.UniFirst Corp - in Croatti's absence, in near term, UniFirst will be led by company's senior executive and management team.  Full Article

Unifirst announces Q2 earnings per share $1.10
Wednesday, 29 Mar 2017 

Unifirst Corp : Unifirst announces financial results for the second quarter of fiscal 2017 . Q2 earnings per share $1.10 . Q2 revenue $391.4 million versus I/B/E/S view $385.3 million . Q2 earnings per share view $1.01 -- Thomson Reuters I/B/E/S . Sees FY 2017 earnings per share $4.85 to $5.00 . Sees FY 2017 revenue $1.55 billion to $1.565 billion . FY2017 earnings per share view $4.94, revenue view $1.55 billion -- Thomson Reuters I/B/E/S .Unifirst Corp - expect that full year results will come in at higher ends of these previously communicated ranges.  Full Article

BRIEF-Unifirst Corp Says ‍On March 27, Co Entered Into A Stock Repurchase Agreement​

* UNIFIRST CORP - ‍ON MARCH 27, 2018, CO ENTERED INTO A STOCK REPURCHASE AGREEMENT​