UNFNYSEServices-Personal ServicesUS GAAP · USD

Unifirst Corporation

UniFirst Corp. provides uniform and workwear rental, cleaning, delivery, and sales programs for businesses across North America. The company also supplies facility service products, first aid and safety items, and specialized garment programs for cleanroom and nuclear-industry customers through its operating subsidiaries.

Revenue2,432m USD
+0.2 %y/y
Operating profit (EBIT)184m USD
+0.5 %y/y
EBIT margin7.6%
+0.0 ppy/y
Net income148m USD
+1.9 %y/y
Free cash flow143m USD
+5.7 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

05001,0001,5002,0002,500m USD2020: 429 m USD2020: EBIT 173 m USD20202021: 1,826 m USD2021: EBIT 196 m USD20212022: 2,001 m USD2022: EBIT 134 m USD20222023: 2,233 m USD2023: EBIT 134 m USD20232024: 2,427 m USD2024: EBIT 184 m USD20242025: 2,432 m USD2025: EBIT 184 m USD20252,432184
RevenueOperating profit (EBIT)

Business

Share of revenue
Uniform & Facility Service Solutions91 %

Rental, cleaning, delivery, and sale of uniforms, workwear, mats, and facility service items.

First Aid & Safety Solutions5 %

First aid cabinets, safety supplies, training, and related service programs.

Other4 %

Specialized garment programs and other non-core service activities, including nuclear-related services.

Customers

UniFirst serves businesses of all sizes across a broad mix of industries, including manufacturers, retailers, service companies, and other commercial employers. Its programs are used by customers that need recurring uniform, safety, and facility-service support for employees and worksites. Demand is tied to customer workforce levels, site activity, and the need to outsource garment care and workplace supply management.

Uniform & Facility Service customers

Businesses that rent or buy uniforms, workwear, mats, and facility service products to outfit employees and maintain worksites.

First aid & safety customers

Commercial customers that buy first aid cabinets, safety supplies, and related services to support workplace compliance and readiness.

Specialized industrial customers

Cleanroom and nuclear-industry customers that require controlled garment programs and related services.

Strategy

UniFirst’s strategy centers on winning and retaining recurring service accounts through broad product coverage, route-based service quality, and fast customer response. The company also invests in manufacturing, sourcing, and systems to support supply reliability, inventory control, and customer service across its network. Share repurchases and ongoing capital investment indicate a focus on disciplined capital allocation while maintaining the service platform.

Grow and retain recurring service accountsMedium term

The business depends on long-term customer relationships and route density.

Improve supply chain and procurement automationMedium term

Better inventory and vendor management can support service reliability and cost control.

Maintain manufacturing and sourcing flexibilityMedium term

Diversified production helps support garment availability and manage disruptions.

Disciplined capital allocationShort term

Capital spending and repurchases are used to support the service platform and shareholder returns.

Geography

UniFirst operates primarily in the United States, Canada, and Europe, serving more than 300,000 customer locations across these markets. Its manufacturing footprint includes garment plants in San Luis Potosi, Mexico, Managua, Nicaragua, and a mat plant in Cave City, Arkansas, which supports service density and supply control. Geography matters because the business combines local route-based service with cross-border sourcing and foreign-currency exposure.

Risks

UniFirst faces demand sensitivity to customer employment levels, competitive pricing, and the outsourcing decisions of businesses that may choose to handle uniforms or facility services internally. Its operations also depend on raw materials, labor, energy, and cross-border sourcing, while IT or ERP failures could disrupt service delivery and customer relationships.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Competitive pricing and service differentiation1ERP and information technology disruption2Customer employment and site activity sensitivity3Energy and labor cost volatility4Tariffs and import cost inflation5
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Competitive pricing and service differentiationImpact: HighLikelihood: Medium

    The market includes large rental competitors and fragmented direct sellers, limiting pricing power.

    Exposure: Uniform rental and direct sales

  2. ERP and information technology disruptionImpact: HighLikelihood: Medium

    System failures could impair supply chain, procurement, and customer service operations.

    Exposure: Operations and service delivery

  3. Customer employment and site activity sensitivityImpact: HighLikelihood: Low

    Uniform usage and service demand rise and fall with customer workforce levels and plant activity.

    Exposure: Uniform & Facility Service Solutions

  4. Energy and labor cost volatilityImpact: MediumLikelihood: High

    Laundry, delivery, and manufacturing are energy- and labor-intensive activities.

    Exposure: Production and route operations

  5. Tariffs and import cost inflationImpact: MediumLikelihood: Medium

    Imported goods and raw materials can become more expensive if trade policies change.

    Exposure: Sourcing and manufacturing

Accounting

Judgemental items
Seasonality and fiscal calendar

Second and fourth quarters are historically weaker, and a 53rd week can affect comparisons.

Impact: Quarterly revenue and margin comparability

Rental merchandise amortization

Uniforms and mats placed in service are expensed over time, affecting cost of revenue.

Impact: Gross margin and operating income

Goodwill and intangible impairment

Acquired businesses and intangibles require ongoing recoverability assessments.

Impact: Asset values and impairment charges

Casualty and environmental estimates

The company uses estimates for claims and environmental obligations that can change with experience.

Impact: Operating expenses and liabilities

Derivative and foreign-currency accounting

Forward contracts and translation adjustments can move through OCI and revenue.

Impact: Other comprehensive income and reported revenue

Publicly listed companies with a comparable business focus.

Last updated: 24/09/2026

Unifirst Corporation (UNF) Revenue, Earnings & Financials 2025 – Clarifo