Unifirst (UNF)

Company Profile

Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North American leader in the supply and servicing of uniform and workwear programs, as well as the delivery of facility service programs. Together with its subsidiaries, the Company also provides first aid and safety products, and manages specialized garment programs for the cleanroom and nuclear industries. UniFirst manufactures its own branded workwear, protective clothing, and floorcare products; and with 260 service locations, over 300,000 customer locations, and 14,000-plus employee Team Partners, the Company outfits nearly 2 million workers each business day.

Company profile

Ticker

UNF

Exchange

NYSE

Website

www.unifirst.com

CEO

Steven Sintros

Incorporated

Massachusetts

Location

Massachusetts

Fiscal year end

Aug 29

Sector

Manufacturing > Apparel Accessories and Other Apparel Manufacturing

Industry (SIC)

Services - Personal Services

Service Corp. International • H&R Block • StoneMor • Regis • WW International • Carriage Services • Smart Share Global • European Wax Center • Spark Networks SE • Rover ...

SEC CIK

0000717954

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

UniFirst Holdings, Inc. • UniTech Services Group, Inc. • UniFirst First-Aid Corporation • UniTech Services Canada Ltd. • UniTech Services SAS • UniTech Services B.V. • UniTech Services GmbH • UniTech Services Group Ltd. • UniFirst Canada Ltd. • RC Air LLC ...

IRS number

42103460

UNF stock data

1M 1Y 5Y

Latest filings (excl ownership)

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8-K

Amendment No. 1 to Second Amended and Restated Credit Agreement

17 Mar 23

8-K

Submission of Matters to a Vote of Security Holders

5 Jan 23

Unifirst Announces Financial Results for the First Quarter of Fiscal 2023

4 Jan 23

DEFA14A

Additional proxy soliciting materials

1 Dec 22

26 Oct 22

Unifirst Announces Financial Results for the Fourth Quarter and Full Fiscal Year of Fiscal 2022

7 Jul 22

Unifirst Announces Financial Results for the Third Quarter of Fiscal 2022

29 Jun 22

Transcripts

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UNF

Earnings call transcript

2023 Q1

4 Jan 23

UNF

Earnings call transcript

2022 Q4

19 Oct 22

UNF

Earnings call transcript

2022 Q3

29 Jun 22

UNF

Earnings call transcript

2022 Q2

30 Mar 22

UNF

Earnings call transcript

2022 Q1

5 Jan 22

UNF

Earnings call transcript

2021 Q4

20 Oct 21

UNF

Earnings call transcript

2021 Q3

30 Jun 21

UNF

Earnings call transcript

2021 Q2

31 Mar 21

UNF

Earnings call transcript

2021 Q1

6 Jan 21

UNF

Earnings call transcript

2020 Q4

21 Oct 20

Latest ownership filings

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SC 13G/A

LONDON CO OF VIRGINIA

14 Feb 23

SC 13G/A

KAYNE ANDERSON RUDNICK INVESTMENT MANAGEMENT LLC

River Road Asset Management, LLC

Financial summary

Financial statements Chart UNF financial data

Quarter (USD)	Nov 22	Aug 22	May 22	Feb 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Aug 22	Aug 21	Aug 20	Aug 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	244.17 mm	244.17 mm	244.17 mm	244.17 mm	244.17 mm	244.17 mm
Cash burn (monthly)	44.08 mm	11.02 mm	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	176.74 mm	44.19 mm	n/a	n/a	n/a	n/a
Cash remaining	67.43 mm	199.99 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	1.5	18.1	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Unifirst earnings reports.

Institutional ownership, Q4 2022

UNF institutional ownership history Ownership history

97.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	247	227	+8.8%
Opened positions	41	17	+141.2%
Closed positions	21	24	-12.5%
Increased positions	82	82	–
Reduced positions	86	94	-8.5%

13F shares	Current	Prev Q	Change
Total value	2.76 tn	2.62 bn	+105048.0%
Total shares	14.77 mm	13.95 mm	+5.9%
Total puts	4.30 k	3.00 k	+43.3%
Total calls	0.00	0.00
Total put/call ratio	Infinity	Infinity	NaN%

Largest owners	Shares	Value	Change
BLK Blackrock	2.39 mm	$460.46 bn	+1.9%
Vanguard	1.69 mm	$326.00 bn	+1.5%
London Co Of Virginia	982.28 k	$189.57 bn	+7.0%
River Road Asset Management	938.47 k	$181.12 bn	-2.7%
Kayne Anderson Rudnick Investment Management	757.88 k	$146.26 bn	-5.9%
Dimensional Fund Advisors	631.55 k	$121.90 bn	+1.8%
STT State Street	542.65 k	$104.90 bn	NEW
JPM JPMorgan Chase & Co.	497.21 k	$95.97 bn	+0.2%
MCQEF Macquarie	485.35 k	$93.67 bn	+3.4%
Victory Capital Management	484.86 k	$93.57 bn	+14.6%

Largest transactions	Shares	Bought/sold	Change
STT State Street	542.65 k	+542.65 k	NEW
MS Morgan Stanley	346.19 k	+245.10 k	+242.5%
Atlanta Capital Management Co L L C	0.00	-241.02 k	EXIT
Norges Bank	142.76 k	+142.76 k	NEW
T. Rowe Price Investment Management	136.58 k	+136.58 k	NEW
Copeland Capital Management	267.28 k	+67.67 k	+33.9%
London Co Of Virginia	982.28 k	+64.63 k	+7.0%
American Century Companies	3.08 k	-62.48 k	-95.3%
Victory Capital Management	484.86 k	+61.62 k	+14.6%
Kayne Anderson Rudnick Investment Management	757.88 k	-47.73 k	-5.9%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

UNF insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
3 Feb 23	Matthew Croatti	Common Stock	Sell	Dispose S	No	Yes	205.16	1,568	321.69 k	9,698
2 Feb 23	Matthew Croatti	Common Stock	Sell	Dispose S	No	Yes	205.13	1,724	353.64 k	11,266
2 Feb 23	Matthew Croatti	Common Stock	Sell	Dispose S	No	Yes	205	6,000	1.23 mm	12,990
16 Jan 23	Cohen Phillip L	Common Stock	Sale back to company	Dispose D	No	No	198.79	583	115.89 k	15,323
16 Jan 23	Cohen Phillip L	Common Stock	Option exercise	Acquire M	No	No	0	975	0.00	15,906
16 Jan 23	Cohen Phillip L	Stock Appreciation Right Common Stock ($0.10 par value)	Option exercise	Dispose M	No	No	118.76	975	115.79 k	0
5 Jan 23	Michael A Croatti	Common Stock	Sell	Dispose S	No	Yes	200	890	178.00 k	6,275
5 Jan 23	Michael A Croatti	Common Stock	Payment of exercise	Dispose F	No	No	200	3,110	622.00 k	7,165
5 Jan 23	Michael A Croatti	Common Stock	Option exercise	Acquire M	No	No	0	4,000	0.00	10,275
5 Jan 23	Michael A Croatti	Stock Appreciation Right Common Stock ($0.10 par value)	Option exercise	Dispose M	No	No	119	4,000	476.00 k	0