Unifirst

UniFirst Corporation, headquartered in Wilmington, Mass., 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 over 225 service locations, 275,000 customer locations, and 12,000 employee Team Partners, the company outfits more than 1.5 million workers each business day through its rental, lease, and purchase programs. UniFirst's Corporate Mission is to be recognized as the leading provider of quality uniform products and services. Our continuous customer focus enables us to grow, to provide an equitable return on investment, and to create development opportunities for our Team Partners.
Company Growth (employees)
Type
Public
HQ
Wilmington, US
Founded
1936
Size (employees)
13,000 (est)+9%
Unifirst was founded in 1936 and is headquartered in Wilmington, US

Unifirst Office Locations

Unifirst has an office in Wilmington
Wilmington, US (HQ)
68 Jonspin Rd

Unifirst Data and Metrics

Unifirst Financial Metrics

Unifirst's revenue was reported to be $409.8 m in Q3, 2017
USD

Revenue (Q3, 2017)

409.8 m

Gross profit (Q3, 2017)

154 m

Gross profit margin (Q3, 2017), %

38%

Net income (Q3, 2017)

75.1 m

EBIT (Q3, 2017)

38.8 m

Market capitalization (25-Jul-2017)

2.9 b

Cash (27-May-2017)

312.7 m
Unifirst's current market capitalization is $2.9 b.
USDFY, 2015FY, 2016

Revenue

1.5 b1.5 b

Revenue growth, %

1%

Cost of goods sold

884.7 m900.4 m

Gross profit

571.9 m567.6 m

Gross profit Margin, %

39%39%

General and administrative expense

294.4 m284.8 m

Operating expense total

1.3 b1.3 b

EBIT

200.4 m201.2 m

EBIT margin, %

14%14%

Interest expense

873 k927 k

Interest income

(3.3 m)(3.5 m)

Pre tax profit

201.3 m203.4 m

Income tax expense

77 m78.3 m

Net Income

124.3 m125 m
USDQ1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017Q3, 2017

Revenue

365.6 m373.4 m363.1 m368 b386.1 m391.4 m409.8 m

Cost of goods sold

222 m222.6 m229.7 m225 b238.8 m249.3 m255.8 m

Gross profit

143.6 m150.8 m133.4 m143 b147.3 m142.1 m154 m

Gross profit Margin, %

39%40%37%39%38%36%38%

General and administrative expense

72.2 m72.7 m75.4 m74.5 b79.4 m84.9 m93.1 m

Operating expense total

72.2 m72.7 m75.4 m74.5 b79.4 m84.9 m93.1 m

EBIT

52.4 m58.3 m38.2 m47.9 b45.8 m36.1 m38.8 m

EBIT margin, %

14%16%11%13%12%9%9%

Interest expense

221 k221 k(218 k)211 m182 k172 k194 k

Interest income

(784 k)(764 k)(892 k)(902 m)(983 k)(1.3 m)(1 m)

Pre tax profit

52.8 m58.4 m39 m48.7 b46.1 m37.4 m39.4 m

Income tax expense

20.3 m22.5 m15.5 m18.6 b17.9 m14.9 m15 m

Net Income

37.4 m62.9 m95.4 m35.9 m59.4 m89.5 m28.2 m50.7 m75.1 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

197.5 m191.8 m276.6 m363.8 m

Inventories

74.4 m78.9 m80.4 m78.9 m

Current Assets

561.4 m589.3 m661.8 m777.6 m

PP&E

457.7 m486.3 m513.9 m539.8 m

Goodwill

302.4 m303.6 m313.1 m320.6 m

Total Assets

1.4 b1.4 b1.5 b1.7 b

Accounts Payable

54.2 m59.2 m50.8 m50.9 m

Current Liabilities

258.9 m191 m184.1 m152.6 m

Non-Current Liabilities

101.1 m98.7 m106.9 m

Total Liabilities

360 m289.7 m291 m337.2 m

Common Stock

1.5 m1.5 m1.5 m

Additional Paid-in Capital

51.4 m59.4 m67.6 m72.6 m

Retained Earnings

958.5 m1.1 b1.2 b1.3 b

Total Equity

1 b1.2 b1.4 b

Financial Leverage

1.4 x1.2 x1.2 x
USDQ3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017Q3, 2017

Cash

235.7 m311.5 m335 m347.6 m286.1 m313.5 m312.7 m

Inventories

83.9 m76.9 m75.6 m76.3 m73.2 m71.5 m72.1 m

Current Assets

643.8 m713.7 m720.9 m735.9 m704.2 m733.2 m744.5 m

PP&E

515.5 m

Goodwill

313.7 m313.1 m313 m320.2 m367.7 m371.8 m373.3 m

Total Assets

1.5 b1.6 b1.6 b1.6 b1.7 b1.8 b1.8 b

Accounts Payable

56.5 m58.7 m50.7 m49.2 m49.3 m55.3 m53.1 m

Current Liabilities

188.9 m200.4 m163.5 m169.6 m151.1 m160 m159.5 m

Non-Current Liabilities

112 m

Common Stock

1.5 m1.5 m1.5 m

Additional Paid-in Capital

66.9 m69.3 m71.2 m68.2 m74.9 m77.7 m85.4 m

Retained Earnings

1.2 b1.2 b1.3 b1.3 b1.3 b1.4 b1.4 b

Total Equity

1.2 b1.3 b1.3 b1.3 b1.4 b1.4 b1.4 b

Financial Leverage

1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x1.2 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

116.7 m119.9 m124.3 m125 b

Depreciation and Amortization

69.6 m71.8 m77.1 m81.6 m

Accounts Receivable

(4.3 m)

Inventories

1.1 m(4.5 m)(2.2 m)1.5 m

Accounts Payable

2.1 m13.6 m(7.6 m)49 k

Cash From Operating Activities

211.6 m194.6 m226.9 m207.6 m

Capital Expenditures

(103.5 m)(91.8 m)(101.2 m)(98.2 m)

Cash From Investing Activities

(134.2 m)(94.2 m)(124.3 m)(114.7 m)

Cash From Financing Activities

3.8 m(104.3 m)(6.3 m)(5.6 m)

Interest Paid

1.5 m763 k662 k763 k

Free Cash Flow

108 m102.8 m125.8 m109.4 m
USDQ1, 2014Q2, 2015Q3, 2015Q1, 2015Q2, 2016Q3, 2016Q1, 2016Q2, 2017Q3, 2017

Net Income

37.4 m62.9 m95.4 m35.9 m59.4 m89.5 m28.2 m50.7 m75.1 m

Depreciation and Amortization

18 m36.8 m55.9 m19.7 m39.5 m60 m22.1 m43.3 m65.4 m

Inventories

645 k(6.6 m)(5.7 m)3.5 m4.7 m4.1 m7.5 m9.2 m8.7 m

Accounts Payable

559 k(1.4 m)(2.1 m)7.9 m(79 k)(1.6 m)(1.1 m)3.7 m2.3 m

Cash From Operating Activities

52.8 m107 m158.4 m57.6 m105.5 m161.1 m63.5 m114.7 m155.8 m

Capital Expenditures

(17.5 m)(45.5 m)(82.3 m)(21 m)(44 m)(72.1 m)(18.2 m)(43 m)(80.5 m)

Cash From Investing Activities

(28.2 m)(60.8 m)(103.2 m)(20.9 m)(44 m)(83 m)(138.3 m)(163.5 m)(204.5 m)

Cash From Financing Activities

(465 k)1.6 m(3.3 m)(1.1 m)(1.5 m)(7.3 m)(361 k)(711 k)(1.4 m)

Free Cash Flow

35.4 m61.5 m76.1 m36.6 m61.5 m89 m45.3 m71.7 m75.4 m
Y, 2017

Financial Leverage

1.2 x

Unifirst Market Value History

Unifirst Online and Social Media Presence

Unifirst Company Life and Culture

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