Unifirst Corp (UNF) Misses Q2 EPS by 4c
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UniFirst Announces Financial Results for the Second Quarter and First Half of Fiscal 2015
April 1, 2015 8:00 AM EDTWILMINGTON, Mass.--(BUSINESS WIRE)-- UniFirst Corporation (NYSE: UNF) today announced results for its fiscal 2015 second quarter ended February 28, 2015. Revenues were $361.5 million, up 5.1% from $344.0 million in the year ago period. Net income was $25.4 million ($1.26 per diluted share), compared to $25.6 million ($1.27 per diluted share) reported a year ago. The current quarters results were limited by a $3.6 million charge to selling and administrative expenses related to an increase in the Companys environmental contingency reserves. Excluding the effect of this item, net income would have been $27.7 million ($1.37 per diluted share), an increase of 7.8% from the prior year.... More
