NYSE$UNF

UniFirst Corporation · Q1 2020 earnings

Q1 2020 earnings · · Investor relations

Briefing

UniFirst's first quarter of fiscal year 2020 showed solid growth.

UniFirst Corporation reported a 6.1% increase in consolidated revenues for the first quarter, reaching $465.4 million. Operating income increased by 19.2% to $60.1 million, and net income rose by 25.9% to $48.2 million. Diluted earnings per share increased by 26.6% to $2.52.

  • Consolidated revenues increased by 6.1% to $465.4 million.
  • Operating income increased by 19.2% to $60.1 million.
  • Net income increased by 25.9% to $48.2 million.
  • Diluted earnings per share increased by 26.6% to $2.52.

Headline financials

Total Revenue

$465M

Previous: $439M+6.1%
EPS

$2.52

Previous: $1.88+34.0%
Capital Expenditures

-$29M

Previous: -$23.3M-24.4%
Free Cash Flow

$19.3M

Previous: $15M+28.1%
Net Income

$48.2M

Previous: $38.3M+25.9%
Operating Income

$60.1M

Previous: $50.4M+19.2%
Gross Profit

$176M

Previous: $162M+9.0%

Revenue & EPS history

UniFirst · Revenue · Quarterly

$465M

Q1 2020+6.1%vs Q1 2019
Beat estimate in 13 of 16 quarters(81%)
ActualEstimate

Revenue by segment

UniFirst · $634M total across 3 segments · Q3 2026

  • Uniform & Facility Service Solutions
    $576M
  • First Aid & Safety Solutions
    $30.8M
  • Other
    $27.8M

Forward guidance

UniFirst expects fiscal 2020 revenues to be between $1.860 billion and $1.872 billion and full year diluted earnings per share to be between $7.60 and $7.92.

Headwinds

  • Reduced business activity and wearer levels in energy dependent markets
  • Guidance does not assume any significant further deterioration in the energy sector or the overall economy.
  • Fiscal 2020 will contain one less week compared to fiscal 2019.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 18 quarterly earnings reports · overlaid with Q1 2020

Historical avgQ1 2020

-0.3%

Avg return

Earnings day

-0.5%

Avg return

5 days after

+1.9%

Avg return

30 days after

45%

30 / 66 earnings

Positive

+11.6%

Q2 2018

Best reaction

-11.8%

Q4 2020

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026
Q2 2026+0.9%-1.3%
Q1 2026-3.3%-0.8%-0.9%
Q4 2025-6.0%-0.2%-2.4%
Q3 2025-2.4%-1.5%-1.9%
Q2 2025+1.0%-6.3%+2.6%
Q1 2025+7.8%+10.7%+7.2%
Q4 2024-0.4%-2.1%+5.4%
Q3 2024+11.0%+11.1%+23.8%
Q2 2024+3.8%+1.4%-1.7%
Q1 2024-9.5%-8.2%-3.5%
Q4 2023-0.8%-0.4%+4.4%
Q3 2023-6.3%-7.0%-6.1%
Q2 2023-10.2%-10.8%-15.3%
Q1 2023+5.3%+5.9%+7.9%
Q4 2022-3.4%-1.5%+11.4%
Q3 2022+6.7%+6.9%+21.4%
Q2 2022-3.2%-7.7%-9.5%
Q1 2022-5.8%-7.9%-14.5%
Q4 2021-6.3%-5.7%-8.8%
Q3 2021-6.4%-6.3%-9.9%
Q2 2021+1.2%-0.1%+0.9%
Q1 2021+4.9%+3.0%+7.9%
Q4 2020-11.8%-15.1%-1.2%
Q3 2020-2.0%-2.7%+4.2%
Q2 2020-7.7%-0.6%+9.8%
Q1 2020+2.0%+4.9%-0.9%
Q4 2019+4.5%+5.2%+5.9%
Q3 2019+11.3%+12.7%+17.0%
Q2 2019+10.8%+12.1%+12.7%
Q1 2019-6.6%-4.7%-4.6%
Q4 2018-8.1%-7.4%-8.4%
Q3 2018-2.5%-0.2%+1.8%
Q2 2018+11.6%+6.9%+10.4%
Q1 2018+4.3%+2.3%-2.8%
Q4 2017+0.2%+0.5%-1.0%
Q3 2017+0.9%+3.0%+2.7%
Q2 2017+3.7%+1.0%+2.3%
Q1 2017-6.9%-8.5%-11.6%
Q4 2016-9.1%-9.0%+7.3%
Q3 2016+9.7%+8.8%+10.8%
Q2 2016-3.3%
Q1 2016+0.3%
Q4 2015-5.1%
Q3 2015+4.7%
Q2 2015+3.8%
Q1 2015-0.7%
Q4 2014-1.3%
Q3 2014-2.1%
Q2 2014-5.2%
Q1 2014-1.4%
Q4 2013-0.8%
Q3 2013+2.8%
Q2 2013-1.3%
Q1 2013+8.4%
Q4 2012+0.2%
Q3 2012+0.3%
Q2 2012-2.6%
Q1 2012+1.8%
Q4 2011-0.3%
Q4 2009-0.3%
Q4 2010-0.3%
Q3 2011+1.3%
Q2 2011-0.1%
Q1 2011-5.5%
Q3 2010+3.0%
Q2 2010+0.1%

Discussion

Share your read of this quarter. Sign-in carries your eToro identity.

Join the conversation

Sign in with eToro to post your read of this quarter and vote on others'.

Sign in with eToro