Home
Unifirst Corporation
UniFirst Announces Revised Segment Reporting
Business
Oct 17 2025
7 min read

UniFirst Announces Revised Segment Reporting

news images

WILMINGTON, Mass., Oct. 17, 2025 (GLOBE NEWSWIRE) -- Beginning with the fourth quarter and year ended August 30, 2025, UniFirst Corporation (the “Company,” “we,” or “our”) will be changing the structure of its reporting organization, which will result in corresponding changes to the Company’s financial operating and reportable segments.

Prior to this change, the Company had five reporting segments: U.S. and Canadian Rental and Cleaning, Manufacturing (“MFG”), Corporate, First Aid, and Specialty Garments Rental and Cleaning (“Specialty Garments”). We previously referred to our U.S. and Canadian Rental and Cleaning, MFG, and Corporate segments combined as our “Core Laundry Operations.”

Following this change, the Company will report results under three reportable segments as described below.  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. 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.  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.  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:


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 “Uniform & Facility Service Solutions”

Uniform & Facility Service
Solutions

Manufacturing*

 

 

Corporate*

 

 

First Aid

Renamed “First Aid & Safety Solutions” with no changes to components

First Aid & Safety Solutions

Specialty Garments Rental and
Cleaning

Previously consisted of nuclear and cleanroom solutions.

Renamed to “Other” and modified to consist of nuclear operations.

Other

*Previously referred to collectively as our “Core Laundry Operations.”

The key measures used by management to evaluate segment performance continue to be revenues and operating income. These measures are consistent with how the Company’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 Company’s Investor Relations website at 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 Company’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.

 

 

 

 

 

 

Unaudited and Pro Forma Estimated Recast of Prior Financial Information
Revenue, Operating Income and Adjusted EBITDA

 

 

 

 

 

 

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)

 

 

 

 

 

 

Selected Financial Data (Unaudited)

 

 

 

 

 

 

Fiscal 2024

 

Fiscal 2025

 

Thirteen Weeks Ended

 

Fourteen
Weeks
Ended

 

Year Ended

 

Thirteen Weeks Ended

 

11/25/2023

 

2/24/2024

 

5/25/2024

 

8/31/2024

 

8/31/2024

 

11/30/2025

 

3/1/2025

 

5/31/2025

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Revenue

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Uniform & Facility Service Solutions

$

544,928

 

 

$

543,862

 

 

$

549,218

 

 

$

586,022

 

 

$

2,224,030

 

 

$

552,752

 

 

$

551,407

 

 

$

554,331

 

First Aid & Safety Solutions

 

24,867

 

 

 

24,829

 

 

 

27,292

 

 

 

29,283

 

 

 

106,271

 

 

 

26,222

 

 

 

27,454

 

 

 

29,787

 

Other

 

23,730

 

 

 

22,020

 

 

 

26,818

 

 

 

24,562

 

 

 

97,130

 

 

 

25,934

 

 

 

23,358

 

 

 

26,660

 

Consolidated Revenues

$

593,525

 

 

$

590,711

 

 

$

603,328

 

 

$

639,867

 

 

$

2,427,431

 

 

$

604,908

 

 

$

602,219

 

 

$

610,778

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating Income

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Uniform & Facility Service Solutions

$

48,873

 

 

$

25,942

 

 

$

43,378

 

 

$

50,834

 

 

$

169,027

 

 

$

48,520

 

 

$

30,172

 

 

$

43,243

 

First Aid & Safety Solutions

 

(1,071

)

 

 

(1,004

)

 

 

148

 

 

 

95

 

 

 

(1,832

)

 

 

341

 

 

 

(486

)

 

 

525

 

Other

 

5,335

 

 

 

3,005

 

 

 

4,924

 

 

 

3,119

 

 

 

16,383

 

 

 

6,670

 

 

 

1,528

 

 

 

4,409

 

Consolidated Operating Income

$

53,137

 

 

$

27,943

 

 

$

48,450

 

 

$

54,048

 

 

$

183,578

 

 

$

55,531

 

 

$

31,214

 

 

$

48,177

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Adjusted EBITDA Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

$

42,325

 

 

$

20,457

 

 

$

38,057

 

 

$

44,635

 

 

$

145,474

 

 

$

43,105

 

 

$

24,459

 

 

$

39,680

 

Provision for income taxes

 

12,930

 

 

 

7,261

 

 

 

11,277

 

 

 

12,437

 

 

 

43,905

 

 

 

14,831

 

 

 

8,174

 

 

 

13,715

 

Interest income, net

 

(2,834

)

 

 

(350

)

 

 

(1,406

)

 

 

(2,652

)

 

 

(7,242

)

 

 

(2,695

)

 

 

(2,213

)

 

 

(2,514

)

Depreciation and amortization

 

33,733

 

 

 

35,160

 

 

 

34,560

 

 

 

37,979

 

 

 

141,432

 

 

 

34,808

 

 

 

34,946

 

 

 

34,722

 

Share-based compensation expense

 

2,534

 

 

 

2,308

 

 

 

2,303

 

 

 

2,628

 

 

 

9,773

 

 

 

2,836

 

 

 

3,198

 

 

 

3,015

 

Gain on the sale of properties

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(2,792

)

Executive transaction costs

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,075

 

 

 

354

 

 

 

-

 

Consolidated Adjusted EBITDA

$

88,688

 

 

$

64,836

 

 

$

84,791

 

 

$

95,027

 

 

$

333,342

 

 

$

93,960

 

 

$

68,918

 

 

$

85,826

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Uniform & Facility Service Solutions

Adjusted EBITDA Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

$

50,992

 

 

$

25,716

 

 

$

44,262

 

 

$

53,858

 

 

$

174,828

 

 

$

50,925

 

 

$

31,591

 

 

$

48,461

 

Interest income, net

 

(2,834

)

 

 

(350

)

 

 

(1,406

)

 

 

(2,652

)

 

 

(7,242

)

 

 

(2,695

)

 

 

(2,213

)

 

 

(2,514

)

Depreciation and amortization

 

32,228

 

 

 

33,424

 

 

 

32,965

 

 

 

36,214

 

 

 

134,831

 

 

 

33,110

 

 

 

33,234

 

 

 

32,990

 

Share-based compensation expense

 

2,389

 

 

 

2,154

 

 

 

2,177

 

 

 

2,473

 

 

 

9,193

 

 

 

2,688

 

 

 

3,028

 

 

 

2,858

 

Gain on the sale of properties

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

(2,792

)

Executive transaction costs

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

-

 

 

 

1,075

 

 

 

354

 

 

 

-

 

Total Adjusted EBITDA

$

82,775

 

 

$

60,944

 

 

$

77,998

 

 

$

89,893

 

 

$

311,610

 

 

$

85,103

 

 

$

65,994

 

 

$

79,003

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

First Aid & Safety Solutions

Adjusted EBITDA Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

$

(1,072

)

 

$

(1,003

)

 

$

148

 

 

$

95

 

 

$

(1,832

)

 

$

341

 

 

$

(486

)

 

$

525

 

Depreciation and amortization

 

758

 

 

 

963

 

 

 

809

 

 

 

913

 

 

 

3,443

 

 

 

885

 

 

 

947

 

 

 

975

 

Share-based compensation expense

 

22

 

 

 

25

 

 

 

25

 

 

 

27

 

 

 

99

 

 

 

27

 

 

 

29

 

 

 

30

 

Total Adjusted EBITDA

$

(292

)

 

$

(15

)

 

$

982

 

 

$

1,035

 

 

$

1,710

 

 

$

1,253

 

 

$

490

 

 

$

1,530

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Other

Adjusted EBITDA Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

$

5,335

 

 

$

3,005

 

 

$

4,924

 

 

$

3,119

 

 

$

16,383

 

 

$

6,670

 

 

$

1,528

 

 

$

4,409

 

Depreciation and amortization

 

747

 

 

 

773

 

 

 

786

 

 

 

852

 

 

 

3,158

 

 

 

813

 

 

 

765

 

 

 

757

 

Share-based compensation expense

 

123

 

 

 

129

 

 

 

101

 

 

 

128

 

 

 

481

 

 

 

121

 

 

 

141

 

 

 

127

 

Total Adjusted EBITDA

$

6,205

 

 

$

3,907

 

 

$

5,811

 

 

$

4,099

 

 

$

20,022

 

 

$

7,604

 

 

$

2,434

 

 

$

5,293

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Unallocated Adjustments*

Adjusted EBITDA Reconciliation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net Income

$

(12,930

)

 

$

(7,261

)

 

$

(11,277

)

 

$

(12,437

)

 

$

(43,905

)

 

$

(14,831

)

 

$

(8,174

)

 

$

(13,715

)

Provision for income taxes

 

12,930

 

 

 

7,261

 

 

 

11,277

 

 

 

12,437

 

 

 

43,905

 

 

 

14,831

 

 

 

8,174

 

 

 

13,715

 

Total Adjusted EBITDA

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

$

-

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

* Amounts reflected as “Unallocated Adjustments” represent corporate and other items that are not included within the reportable segments and net to zero in consolidation.

Investor Relations Contact
Shane O’Connor, Executive Vice President & CFO
UniFirst Corporation        
978-658-8888
shane_oconnor@unifirst.com


Originaltext
Diese Übersetzung bewerten
Mit deinem Feedback können wir Google Übersetzer weiter verbessern