UniFirst

UniFirst to hold ribbon cutting ceremony for new high-tech uniform service and processing facility in Taylor, Michigan

Retrieved on: 
Monday, April 29, 2024
UniFirst, Textile, EDT, Investment, Lunch, Water, Detergent, Automation, UNF, HVAC, Metro, Management

WILMINGTON, Mass., April 29, 2024 /PRNewswire/ -- UniFirst Corporation (NYSE:UNF), a North American leader in providing customized business uniform programs, facility service products and first aid and safety services, is hosting a ribbon-cutting event on Friday, May 3, 2024, at 11 a.m. EDT to celebrate the grand opening of its new 70,000 square-foot, state-of-the-art uniform service and processing facility.

Key Points: 
  • "Our flagship operation in Taylor, Michigan is at the forefront of the latest advances in uniform and textile service technologies and innovation," says UniFirst president and CEO Steven Sintros.
  • "Our expansion in this important market will allow us to maximize service levels to local business customers allowing us to always deliver exceptional service and customized products."
  • "I'm proud that our Taylor facility houses the very best of all the technological advancements we've made over the years and is a flagship for future UniFirst servicing operations.
  • The event will conclude with a tour of the new facility and lunch.

UniFirst Declares Regular Cash Dividends

Retrieved on: 
Thursday, April 11, 2024
UniFirst, UNF, Personal protective equipment, Common stock

WILMINGTON, Mass., April 11, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.330 per share (33.0 cents) on the Company's Common Stock and $0.264 per share (26.4 cents) on the Company's Class B Common Stock.

Key Points: 
  • WILMINGTON, Mass., April 11, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.330 per share (33.0 cents) on the Company's Common Stock and $0.264 per share (26.4 cents) on the Company's Class B Common Stock.
  • Both dividends are payable on June 28, 2024 to shareholders of record on June 7, 2024.
  • In addition to partnering with leading brands, UniFirst manufactures its own branded workwear, protective clothing, and floorcare products at its five company-owned ISO-9001-certified manufacturing facilities.
  • For more information, contact UniFirst at 888-296-2740 or visit UniFirst.com.

UniFirst completes rooftop solar panel projects to advance Companywide conservation and sustainability goals

Retrieved on: 
Monday, April 22, 2024
UniFirst, Solar energy, Carbon, LED, UNF, CO2, CPS Energy, Renewable energy

Combined, the solar power systems boast over 2,000 high-efficiency solar panels, promising substantial long-term benefits including clean energy, reduced emissions, and significant lifetime utility savings.

Key Points: 
  • Combined, the solar power systems boast over 2,000 high-efficiency solar panels, promising substantial long-term benefits including clean energy, reduced emissions, and significant lifetime utility savings.
  • By investing in solar energy and other sustainable initiatives, UniFirst is actively reducing our environmental impact and carbon footprint as well as benefiting from long-term energy cost reductions."
  • In its pursuit of achieving its sustainability goals, UniFirst leaned on San Antonio-based HOLT Renewables for its expertise and understanding of Austin Energy's solar incentives to successfully implement solar at UniFirst's industrial laundry facility in Austin.
  • UniFirst also tapped HOLT Renewables to install a 337.92kWdc rooftop array at their industrial laundry facility in Stockton, CA.

UniFirst Announces Financial Results for the Second Quarter of Fiscal 2024

Retrieved on: 
Wednesday, March 27, 2024
Common stock, Growth, UniFirst, Internet, Acquisition, UNF, Investment, Share repurchase, Hard, Security (finance)

WILMINGTON, Mass., March 27, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its second quarter ended February 24, 2024 as compared to the corresponding period in the prior fiscal year:

Key Points: 
  • WILMINGTON, Mass., March 27, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) (the “Company,” “UniFirst” or “we”) today reported results for its second quarter ended February 24, 2024 as compared to the corresponding period in the prior fiscal year:
    Consolidated revenues for the second quarter increased 8.8% to $590.7 million.
  • The effect of these items on the second quarter of fiscal 2024 and 2023 combined to decrease:
    Both operating income and EBITDA by $3.2 million and $11.1 million, respectively.
  • The Company repurchased 45,250 shares of Common Stock for $7.9 million in the second quarter of fiscal 2024.
  • Weighted average shares outstanding – Diluted for both the second quarter of fiscal 2024 and fiscal 2023 were 18.8 million.

Xos, Inc. Accelerates Growth with Strategic Acquisition of ElectraMeccanica

Retrieved on: 
Tuesday, March 26, 2024
Growth, UniFirst, Entrepreneurship, XOS, Acquisition, National instrument, Arrangement, FedEx Ground, UPS, Related

The all-stock transaction is expected to add approximately $48 million to Xos’ balance sheet and provide growth capital for the company.

Key Points: 
  • The all-stock transaction is expected to add approximately $48 million to Xos’ balance sheet and provide growth capital for the company.
  • The consideration received by ElectraMeccanica shareholders pursuant to the acquisition (the “Arrangement”) was 0.0143739 shares of Xos common stock for each common share of ElectraMeccanica held immediately prior to the consummation of the Arrangement.
  • As a result, following the close of the Arrangement, former shareholders of ElectraMeccanica own approximately 21.0% of Xos.
  • Following completion of the Arrangement, Xos has beneficial ownership and control over 100% of the issued and outstanding common shares of ElectraMeccanica.

No. 9 UniFirst Chevy to sport ruby red scheme at Martinsville Raceway for Hendrick Motorsports' 40th Anniversary

Retrieved on: 
Tuesday, April 2, 2024
Hendrick Motorsports, NASCAR Cup Series, UniFirst, Partnership, FS1, History, EDT, UNF, Marketing, Chevrolet Camaro, Richmond Raceway, NASCAR, Entertainment

9 UniFirst Chevrolet Camaro ZL1, driven by NASCAR Cup Series Champion Chase Elliott, will be decked out in a striking ruby red paint scheme to celebrate Hendrick Motorsports' 40th anniversary.

Key Points: 
  • 9 UniFirst Chevrolet Camaro ZL1, driven by NASCAR Cup Series Champion Chase Elliott, will be decked out in a striking ruby red paint scheme to celebrate Hendrick Motorsports' 40th anniversary.
  • Hendrick chose the eye-catching design to symbolize the traditional 40th anniversary gemstone, adding a historic touch to the race.
  • Martinsville Speedway is the venue of Hendrick Motorsports' first Cup Series victory in 1984.
  • The race will feature all four Hendrick Motorsports Chevrolets adorned in ruby red, signifying unity and tribute to the team's legacy in the sport.

UniFirst No. 9 Chevrolet driven by Chase Elliott makes 2024 NASCAR season debut in Richmond

Retrieved on: 
Monday, March 25, 2024
UniFirst, NASCAR Cup Series, Partnership, UNF, Marketing, Hendrick Motorsports, Chevrolet Camaro, Richmond Raceway, NASCAR, Chase

9 UniFirst Chevrolet Camaro ZL1, driven by 2020 Cup Series champion Chase Elliott, at Richmond Raceway on March 31.

Key Points: 
  • 9 UniFirst Chevrolet Camaro ZL1, driven by 2020 Cup Series champion Chase Elliott, at Richmond Raceway on March 31.
  • This primary sponsorship extends to five races for the 2024 NASCAR season.
  • 9 UniFirst Chevrolet sports the company's distinctive signature green color and logo designs accompanied by racing-inspired black and white accents on the car's exterior.
  • 9 UniFirst Chevy for the 2024 NASCAR season, as it signifies our expanded partnership with Hendrick Motorsports," said David Katz, UniFirst's Executive Vice President of Sales and Marketing.

UniFirst Corporation Plans to Announce Second Quarter Results on March 27, 2024

Retrieved on: 
Friday, March 8, 2024
Personal protective equipment, UNF, UniFirst

WILMINGTON, Mass., March 08, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2024 second quarter results on March 27, 2024 before the market opens.

Key Points: 
  • WILMINGTON, Mass., March 08, 2024 (GLOBE NEWSWIRE) -- UniFirst Corporation (NYSE: UNF) will report its Fiscal 2024 second quarter results on March 27, 2024 before the market opens.
  • The Company will also hold a conference call at 9:00 a.m. Eastern Time on March 27, 2024 to discuss its quarterly financial results, business highlights and outlook.
  • Together with its subsidiaries, the Company also manages specialized garment programs for the cleanroom and nuclear industries.
  • In addition to partnering with leading brands, UniFirst manufactures its own branded workwear, protective clothing, and floorcare products at its five company-owned ISO-9001-certified manufacturing facilities.

Sibros Partners with Xos Trucks to Power the Xos Connected Ecosystem for Production Series Class 5 Through 8 Electric Commercial Vans and Trucks

Retrieved on: 
Tuesday, February 13, 2024
Software, SAN, UniFirst, LOS, Transport, Data collection, Software as a service, Ecosystem, OTA, Partnership

The collaboration brings advanced connected fleet capabilities and services to customers of Xos’ first-class electric vehicle lineup.

Key Points: 
  • The collaboration brings advanced connected fleet capabilities and services to customers of Xos’ first-class electric vehicle lineup.
  • Xos’ battery-electric stepvans are already in production with notable fleets such as Loomis, Penske, and UniFirst and will be empowered by Sibros’ Deep Connected Platform.
  • “Teaming up with Xos aligns seamlessly with our mission to advance connected vehicle technology across diverse mobility spectrums.
  • Our Deep Connected Platform is poised to unlock new dimensions of efficiency and innovation within Xos’ commendable electric fleet,” said Hemant Sikaria, CEO of Sibros.

UniFirst Declares Regular Cash Dividends

Retrieved on: 
Monday, January 8, 2024
Common stock, UNF, UniFirst, Personal protective equipment

WILMINGTON, Mass., Jan. 08, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.330 per share (33.0 cents) on the Company's Common Stock and $0.264 per share (26.4 cents) on the Company's Class B Common Stock.

Key Points: 
  • WILMINGTON, Mass., Jan. 08, 2024 (GLOBE NEWSWIRE) -- The Board of Directors of UniFirst Corporation (NYSE:UNF) today declared regular quarterly cash dividends of $0.330 per share (33.0 cents) on the Company's Common Stock and $0.264 per share (26.4 cents) on the Company's Class B Common Stock.
  • Both dividends are payable on March 29, 2024 to shareholders of record on March 8, 2024.
  • In addition to partnering with leading brands, UniFirst manufactures its own branded workwear, protective clothing, and floorcare products at its five company-owned ISO-9001-certified manufacturing facilities.
  • For more information, contact UniFirst at 888-296-2740 or visit UniFirst.com.