NYSE$VSTS

Vestis Corp · Q1 2023 earnings

Q1 2023 earnings · · Investor relations

Headline financials

Total Revenue

$205M

Previous: $662M-69.1%
EPS (adj)

$0.26

Previous: $0.29-10.3%
Adjusted EBITDA Margin

13.1%

No prior period
Net Income

$33.5M

Previous: $37.9M-11.7%
Operating Income

$44.4M

Previous: $52.4M-15.3%
Gross Profit

$701M

Previous: $201M+248.5%
Cash & Equivalents

$16.8M

No prior period
Stock-Based Comp

$4.5M

No prior period

Revenue & EPS history

Vestis · Revenue · Quarterly

$205M

Q1 2023-69.1%vs Q1 2022
Beat estimate in 3 of 11 quarters(27%)
ActualEstimate

Historical earnings impact

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

Avg. return before/after earnings

Based on 13 quarterly earnings reports · overlaid with Q1 2023

Historical avgQ1 2023

-4.2%

Avg return

Earnings day

-4.1%

Avg return

5 days after

-2.3%

Avg return

30 days after

43%

6 / 14 earnings

Positive

+20.4%

Q4 2024

Best reaction

-49.1%

Q2 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q2 2026-0.3%+1.7%+10.2%
Q1 2026+16.1%+5.2%+2.9%
Q4 2025-7.3%+4.2%-0.7%
Q3 2025-5.8%-25.9%-23.9%
Q2 2025-37.5%-24.8%-27.8%
Q1 2025-11.7%-14.3%-25.2%
Q4 2022+4.4%+3.6%+4.9%
Q4 2024+20.4%+22.7%+23.1%
Q3 2024+2.2%+0.7%+15.4%
Q2 2023+13.2%+20.0%+19.7%
Q2 2024-49.1%-44.6%-33.3%
Q1 2023-3.5%-5.5%-7.3%
Q1 2024-9.8%-13.0%-16.4%
Q4 2023+9.4%+12.2%+26.3%
Q3 2022
Q2 2022
Q1 2022

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