UniFirst Announces Financial Results for the Fourth Quarter and Full Year of Fiscal 2019; Quarterly Dividend Increase
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UniFirst Corp (UNF) Tops Q4 EPS by 44c, Revenues Beat; Offers FY20 EPS Guidance Below Consensus, FY20 Revenue Outlook Above Consensus
October 23, 2019 8:04 AM EDTUniFirst Corp (NYSE: UNF) reported Q4 EPS of $2.40, $0.44 better than the analyst estimate of $1.96. Revenue for the quarter came in at $479.6 million versus the consensus estimate of $473.06 million.
Full year consolidated revenues were $1.809 billion, up 6.7%.The extra week accounted for revenue growth of approximately 2.0% compared to fiscal 2018.Full year operating income was $232.0 million, an increase of 27.2%.Net income for the year increased to $179.1 million, or 9.3%.Diluted earnings per share was $9.33, an increase of... More