•
Nov 28, 2020
UniFirst Q1 2021 Earnings Report
UniFirst's first quarter results were announced, revealing a decrease in consolidated revenues and operating income compared to the corresponding period in the prior fiscal year.
Key Takeaways
UniFirst Corporation reported a decrease in consolidated revenues by 4.0% to $446.9 million for the first quarter. Operating income decreased by 6.7% to $56.0 million, and net income decreased by 13.2% to $41.9 million. Diluted earnings per share decreased to $2.20 from $2.52.
Consolidated revenues decreased by 4.0% to $446.9 million.
Operating income decreased by 6.7% to $56.0 million.
Net income decreased by 13.2% to $41.9 million.
Diluted earnings per share decreased to $2.20 from $2.52.
UniFirst
UniFirst
UniFirst Revenue by Segment
Forward Guidance
The company's overall outlook in the quarters ahead remains uncertain and will not be providing further guidance at this time.