Vestis Corporation announced a solid start to fiscal 2026, with first-quarter results reflecting strong execution against its business transformation plan. The company reported revenue of $663.4 million and an operating income of $16.6 million, alongside a net loss of $6.4 million. Despite a year-over-year decrease in revenue and net income, Vestis saw sequential improvements in net loss and Adjusted EBITDA compared to the fourth quarter of fiscal 2025, driven by operational excellence initiatives.

Vestis posted a $13M net loss in Q4 2025, but delivered positive adjusted EPS. The company initiated a multi-year transformation plan aiming to drive efficiency and improve profitability, with expected cost savings of at least $75M by FY26.

Vestis Corporation announced its second quarter fiscal 2025 results, reporting a revenue of $665 million and an operating loss of $9 million. The company's Adjusted EBITDA was $48 million, which includes a $15 million one-time bad debt expense. Despite the challenges, Vestis improved new customer sales and amended its credit agreement to strengthen its balance sheet and provide additional financial flexibility.

Vestis Corporation reported first quarter 2025 results in line with expectations, with revenue of $684 million and operating income of $30 million. The company reaffirmed its fiscal year 2025 outlook, expecting revenue between $2.8 billion and $2.83 billion and adjusted EBITDA between $345 million and $360 million.

Vestis reported a slight decrease in revenue and a significant decrease in net income for Q3 2024. The company is focused on deleveraging and has entered into a $250 million accounts receivable securitization facility to repay debt.

Vestis Corporation reported a 0.9% increase in revenue to $705 million for Q2 2024. Despite a decrease in operating income and adjusted EBITDA, the company demonstrated strong cash flow generation, with operating cash flow up 85% and free cash flow up 107% year-over-year. The company updated its fiscal year 2024 outlook, expecting revenue growth in the range of -1% to 0% and adjusted EBITDA margin between 12.0% and 12.4%.

Vestis reported a 2.5% increase in revenue to $718 million for Q1 2024. Operating income was $48 million, and adjusted EBITDA reached $98 million. The company reaffirmed its fiscal year 2024 outlook, expecting revenue growth of 4.0 to 4.5% and an adjusted EBITDA margin of approximately 14.3%.

Vestis reported Q4 2023 revenue of $715.9 million, a 4.8% increase year-over-year. Operating income increased by 89.5% to $57.8 million, and net income increased by 305.2% to $94.0 million. Adjusted EBITDA grew by 13.5% to $112.8 million. The company expects to deliver revenue growth in the range of 4.0 to 4.5% in fiscal year 2024.