morning. good and you, Thank
I'm Steve Executive and UniFirst President Chief Officer. Sintros,
Corporation's Executive today to and UniFirst XXXX. review is fiscal me results Vice fourth welcome Call quarter our Shane to like Joining year We'd O'Connor, President for to Officer. Chief you Conference Financial
events prepared conference the will call future call subject forward-looking respect forward-looking that reflect our may current These a first, views a to until we listen-only and contain financial This but mode brief company's statements with certain on to complete uncertainties. be performance. remarks, and disclaimer. This statements are risks
The a words trends expressions identify estimate, of variety those may intend and that Actual statements. and from future results risk factors. anticipate, similar optimistic, believe, forward-looking differ events on indicate depending future materially expect, anticipated
information, discussion with XX-Q and risk refer of Form most Commission. more filings our please the Exchange these recent and to in factors XX-K the Securities For
closed growth and modestly both strong organizational that fiscal a move the Continue 'XX team report with to in bottom and well that lot top our advancing pleased exceeded initiatives. accomplished as of line performance. the in help as our we we I'm as technology company a year forward. strengthen We that companies expectations will our quarter fourth in other
as of all I towards service the serving strive best we living who continue being want our each mission while industry, work. team the our our the who vision thank to as recognized the customers to do universally other sincerely our partners of provider hard always and all deliver of people in for
running. are customers communities the the existing do who our work as They workforce and own as our team well are keeps that prospective UniFirst partners. our people they as and up the serve We hard
means their to the and is right Our providing to mission safely, clean enhanced our structure team, that services, program, room that services, and providing and we whether to employees right products their partner and job goal the organizations is customer their services successfully uniforms, ensure first for products customers all aid providing with workwear, safety other do or enable businesses services those their by our experience. and service and an facility and products to
details provide of a fiscal of but quick the quarter recap will year. our our shortly, full Shane
full from a $X.XXX came revenues Our year record an in billion, of XXXX. at increase fiscal X.X%
acquisition extra Our well operations an as full revenues revenue full Uniform. of from week year XXXX year as benefited of growth a from our of Clean March
Operations' fiscal adjusted 'XX expended very from was full organic Core income year the Our to our for and compared for EBITDA increased 'XX to significantly key related the growth year lower a Laundry X.X%. fiscal during initiatives. costs Operating solid partially benefiting
EBITDA as benefits, areas. moderating adjusted Excluding key strong we as result for of the The well still these year. operating in full solid growth experienced growth trends cost and income
are pleased for with the the We which in activities also cash year, compared our XX.X% improvement full to operating flows XXXX. fiscal from grew
technology the a we've costs As been over last years of reminder, our related to couple transformation. incurring
to activity and phases largely are now winding capitalized expected, to of the we the current project declined largely due are our surrounding on initiatives the incurring As being key related as down during enter we year project. deployment amounts the the spending CRM our implementation we ERP these expense the of
are growth organic can selling our to we value prospects pleased quarter, the with challenging more for on a well, perform UniFirst organization Overall, bring their pricing continued environment. quarter despite the businesses. the During the sales that
robust metrics, indicating levels a we wearer net mostly is would environment. our stable, continued our decline seen in we existing customer -- hiring have see a classify have less to Although we sequential wearer
has impacted corresponding 'XX. emerged quarter, challenging its pricing impact impact inflation elevated retention revenue significantly sequential fiscal which the levels, last discussed As we environment our the rates a trends of in and from market growth more as on will period rates our
provide will 'XX growth XXXX. in expect we shortly, to but our fiscal organic for Core X.X% X.X% currently our on be detail Shane in between guidance and more Laundry operations
these we about do 'XX deliver, the we a a strong improved growth rates are aspire We there be finished 'XX would to leading our and revenue recently sales the year have are that fiscal ultimately trend of new reasons and an we in not some account to are experiencing. are many Although perspective. from in positive with we to trends retention suggest fiscal performance indicators of poised feel
which the we as us last and were good we example, newer increasing from a in couple as is staffing steadily have at throughout been For contracts program renewing the years. service -- of from scores, have a NPS year, feel our rates improved perspective we
our and our becoming teams with systems taking new advantage more and their addition, more In of are comfortable benefits.
well drive business to a we ability As existing as investments our company, enhance to continue on as customers' and in our to improved enhance new focus customers, experience customers sell the additional products attract retention. to
our efforts In to ongoing reductions on to and addition our to to growth, we profile. cost drive margin enhance excellence continue operating focus our
pleased of trends input costs in and as progress as key well with recent some related such are costs. the merchandise and other the We area in as this
leveraging utilizing including the new across technology mentioned, our and of I our continues CRM, proprietary be As capabilities team optimizing to some Clean's UniFirst. proficient all more of
productivity. standard deploying driving focused and our efforts all processes operations on across local With
In as such represent as enhancement and opportunities. account strategic margin well pricing significant as manufacturing addition, sourcing, areas strategic and profitability
move the in feel going midterm. our of through to the forward that continue some areas be focus near we of enabled will ERP, Although more significantly benefits to the we these these needle others on implementation can and
$XXX Aid double-digit fiscal we for XXXX Safety in First bright this XXXX. million with segment continue first our strongly believe division. future to time, exceeding and We growth of fiscal and the in the finished again We expect
in strong these as to and market in infrastructure to and for as continue prospects the reach services. van make have customers and service our new We can a footprint ensure the investments UniFirst products expand operations on sales that we existing well need
their strong once we solutions Aid First pressing an again Customers investments the integrated achieved is and most in contributor that to important these and to growth issues have quarter. expect solutions. These Safety delivered
As customers services Operating density provide, to Chief improve. this route we of the expect leadership steadily last, Kelly senior that the certainly role as profitability not welcome penetrate well segment we we to continue but our with we Rooney thrilled And of as improve the full team Officer. in our to to are of least, breadth
services we we service Kelly's brings of experiences how waste help can where to we well company. COO Kelly ability X of and but as business-to-business coming long translate feel a to will The new strongly the career Her in that role working industry. UniFirst, a experience out positive in significant route-based evolve. us on and our enhance we effect are to be operational given feel continue as to execution critical change journey especially is experience
fits operational talent with promise to empowering our for our employees. customers a deliver succeed like experience, her culture Alongside passion our and our and workforces and deep her glove to always for
to XXXX. With call our fourth provide the who that, fiscal like as over as outlook will Shane, to quarter for more our well turn I'd results details on