OverviewSuggest Edit

UniFirst Corporation is a provider of workplace uniforms and protective work wear clothing for manufacturers, retailers, and service companies. The company designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, aprons and specialized protective wear, such as flame resistant and high visibility garments. It also rents and sells industrial wiping products, floor mats, facility service products and other non-garment items, and provides restroom and cleaning supplies and first aid cabinet services and other safety supplies as well as safety training.

TypePublic
Founded1936
HQWilmington, MA, US
Websiteunifirst.com
Employee Ratings3.8
Overall CultureC+

Latest Updates

Employees (est.) (Aug 2020)14,000
Job Openings1,124
Revenue (FY, 2020)$1.8 B
Share Price (Nov 2021)$200.6
Cybersecurity ratingBMore
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Key People/Management at UniFirst

Steven S. Sintros

Steven S. Sintros

President, Chief Executive Officer, Director
Cynthia Croatti

Cynthia Croatti

Executive Vice President, Treasurer, Director
Shane F. O'Connor

Shane F. O'Connor

Executive Vice President & Chief Financial Officer
David A. DiFillippo

David A. DiFillippo

Executive Vice President, Operations
Michael A. Croatti

Michael A. Croatti

Executive Vice President, Operations
William M. Ross

William M. Ross

Executive Vice President, Operations
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UniFirst Office Locations

UniFirst has offices in Wilmington and Mississauga
Wilmington, MA, US (HQ)
68 Jonspin Rd
Mississauga, CA
5250 Orbitor Dr
Show all (2)

UniFirst Financials and Metrics

UniFirst Revenue

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UniFirst's revenue was reported to be $1.8 b in FY, 2020 which is a 0.3% decrease from the previous period.
USD

Revenue (Q3, 2021)

464.3m

Gross profit (Q3, 2021)

177.7m

Gross profit margin (Q3, 2021), %

38.3%

Net income (Q3, 2021)

42.0m

EBIT (Q3, 2021)

54.2m

Market capitalization (12-Nov-2021)

3.1b

Closing stock price (12-Nov-2021)

200.6

Cash (29-May-2021)

535.0m

EV

2.6b
UniFirst's current market capitalization is $3.1 b.
Annual
USDFY, 2018FY, 2019FY, 2020

Revenue

1.7b1.8b1.8b

Revenue growth, %

7%0%

Cost of goods sold

1.1b1.1b1.2b

Gross profit

639.8m670.2m639.2m
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

438.6m437.5m453.7m465.4m464.6m445.5m446.9m449.8m464.3m

Cost of goods sold

277.0m281.7m279.9m289.3m301.4m303.2m275.8m289.5m286.6m

Gross profit

161.5m155.8m173.8m176.1m163.2m142.3m171.1m160.3m177.7m

Gross profit Margin, %

37%36%38%38%35%32%38%36%38%
Annual
USDFY, 2018FY, 2019FY, 2020

Cash

270.5m385.3m474.8m

Accounts Receivable

200.8m203.5m190.9m

Prepaid Expenses

21.9m35.7m35.9m

Inventories

90.2m100.9m106.3m
Quarterly
USDQ2, 2017Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Cash

313.5m276.5m335.3m349.4m356.6m395.3m421.3m473.0m509.6m535.0m

Accounts Receivable

212.7m203.2m203.4m217.9m209.9m200.1m209.9m204.1m200.1m

Prepaid Expenses

38.9m35.2m32.7m35.8m35.5m36.2m40.7m38.5m37.2m

Inventories

71.5m91.2m95.7m94.9m99.8m94.9m104.5m104.5m110.7m120.3m
Annual
USDFY, 2018FY, 2019FY, 2020

Net Income

163.9m179.1m135.8m

Depreciation and Amortization

96.7m103.3m104.7m

Inventories

(11.1m)(10.7m)(5.1m)

Accounts Payable

4.6m3.4m(10.7m)
Quarterly
USDQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Net Income

38.3m85.9m133.1m48.2m82.9m104.2m41.9m74.5m116.5m

Depreciation and Amortization

25.1m50.2m75.6m25.5m51.4m77.6m26.3m52.6m79.2m

Inventories

(1.1m)(5.6m)(4.8m)1.2m6.1m(3.6m)1.8m(4.3m)(13.9m)

Accounts Payable

(1.3m)(5.3m)(5.7m)(5.0m)(5.8m)(17.8m)(3.1m)(1.9m)4.0m
USDQ2, 2017

Financial Leverage

1.2 x
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UniFirst Operating Metrics

FY, 2018Q1, 2019Q2, 2019Q3, 2019FY, 2019Q1, 2020Q2, 2020Q3, 2020FY, 2020Q1, 2021Q2, 2021Q3, 2021

Customer Locations

300 k300 k300 k300 k300 k300 k300 k300 k300 k300 k300 k300 k

Facilities

261250250250270260260260270 k260260260

Facilities Owned

132132132

Fleet Size

3.9 k3.9 k4.2 k
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UniFirst Acquisitions / Subsidiaries

Company NameDateDeal Size
Arrow UniformSeptember 19, 2016$122 m
RC Air LLC
UniFirst Canada Ltd.
UniFirst Far East Limited
UniFirst First-Aid Corporation
UniFirst Holdings, Inc.
UniFirst Manufacturing Corporation
UniFirst Nicaragua S.A. de C.V.
UniFirst S.A. de C.V.
Uniformes de San Luis S.A. de C.V.
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UniFirst Revenue Breakdown

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UniFirst revenue breakdown by business segment: 76.9% from US and Canadian Rental and Cleaning, 10.6% from MFG, 6.6% from Specialty Garments and 5.9% from Other

UniFirst Cybersecurity Score

Cybersecurity ratingPremium dataset

B

80/100

SecurityScorecard logo

UniFirst Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

UniFirst Online and Social Media Presence

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UniFirst Company Culture

  • Overall Culture

    C+

    67/100

  • CEO Rating

    C

    65/100

  • Compensation

    C+

    65/100

  • Diversity

    A

    78/100

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UniFirst News and Updates

UniFirst Announces Financial Results for the Fourth Quarter and Full Year of Fiscal 2021; Quarterly Dividend Increase; New $100 Million Share Repurchase Authorization

WILMINGTON, Mass., Oct. 20, 2021 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its fourth quarter and full year ended August 28, 2021 as compared to the corresponding periods in its prior fiscal year:

UniFirst Corporation Plans to Announce Fourth Quarter Results on October 20, 2021

WILMINGTON, Mass., Sept. 22, 2021 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2021 fourth quarter results on October 20, 2021 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on October 20, 2021 to discuss its quarterly…

Chase Elliott and the UniFirst No. 9 Chevrolet to Make Final 2021 NASCAR Appearance on August 28

WILMINGTON, Mass., Aug. 25, 2021 /PRNewswire/ -- The No. 9 UniFirst Chevrolet Camaro ZL1 1LE, driven by NASCAR's defending Cup Series champion Chase Elliott, will be hitting the track for its third and final appearance of the 2021 season on Saturday, August 28, at Daytona International...

UniFirst Announces Financial Results for the Third Quarter of Fiscal 2021

WILMINGTON, Mass., June 30, 2021 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its third quarter ended May 29, 2021 as compared to the corresponding period in the prior fiscal year:

UniFirst Corporation Plans to Announce Third Quarter Results on June 30, 2021

WILMINGTON, Mass., June 14, 2021 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2021 third quarter results on June 30, 2021 before the market opens. The Company will also hold a conference call at 9:00 a.m. Eastern Time on June 30, 2021 to discuss its quarterly financi…

UniFirst Releases 2021 Corporate Social Responsibility Report

Report comes on the heels of Barron's Most Sustainable Companies recognition and a national award for Most Valuable COVID-19 Corporate Response WILMINGTON, Mass., June 14, 2021 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in the supply and servicing of...
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UniFirst Blogs

UniFirst Honored for Providing English Classes to Immigrant Workers

UniFirst has received a 2018 Business Leadership Award from English for New Bostonians. The award recognizes UniFirst's support of workplace English for Speakers of Other Languages (ESOL) classes for its employee Team Partners.

Driving Customer Service Excellence: UniFirst Names 2018 Aldo Croatti Award Winners

Named after UniFirst's founder, the Aldo Croatti Award is presented to those RSRs who exemplify customer service excellence and satisfaction, while retaining 100% of their customers for an entire fiscal year. Remarkably, combined, these nine RSRs service more than 1,000 UniFirst business customers o…

William Byron Takes the UniFirst No. 24 Camaro to Kansas Speedway for its Final Run of the 2018 NASCAR Season

The No. 24 UniFirst Chevrolet Camaro ZL1, driven by 20-year-old rookie of the year contender William Byron, will make its final appearance of the 2018 NASCAR season this Sunday, Oct. 21, in Kansas City, Kansas. The 400.5-mile, 267-lap race begins at 2 p.m. EDT and will be nationally televised on NBC…

The UniFirst No. 24 Chevy Camaro and NASCAR Driver William Byron Head to Charlotte for Sunday’s Race

20-year-old rookie of the year contender William Byron, returns to the track this Sunday, Sept. 30, for the Bank of America ROVAL 400.

UniFirst Earns Top Rankings for 2018 in Both Selling Power and Apparel Magazines

UniFirst has again secured positions on both Selling Power magazine's annual list of the "50 Best Companies to Sell For" and Apparel magazine's "Top 50" apparel companies list

UniFirst Wins APEX Award for Publication Excellence for The Uniform Rental Catalog

UniFirst has won a 2018 APEX Award of Excellence for the cover design of the company’s 2018 Uniform Rental Catalog ®.

UniFirst Frequently Asked Questions

  • When was UniFirst founded?

    UniFirst was founded in 1936.

  • Who are UniFirst key executives?

    UniFirst's key executives are Steven S. Sintros, Cynthia Croatti and Shane F. O'Connor.

  • How many employees does UniFirst have?

    UniFirst has 14,000 employees.

  • What is UniFirst revenue?

    Latest UniFirst annual revenue is $1.8 b.

  • What is UniFirst revenue per employee?

    Latest UniFirst revenue per employee is $128.9 k.

  • Who are UniFirst competitors?

    Competitors of UniFirst include Cintas, Aramark and Gibson & Barnes.

  • Where is UniFirst headquarters?

    UniFirst headquarters is located at 68 Jonspin Rd, Wilmington.

  • Where are UniFirst offices?

    UniFirst has offices in Wilmington and Mississauga.

  • How many offices does UniFirst have?

    UniFirst has 2 offices.