UniFirst Corporation announced its financial results for the second quarter ended March 1, 2025, on April 2, 2025. Consolidated revenues grew by 1.9% to $602.2 million compared to the prior year period. Operating income increased by 11.7% to $31.2 million, driven by lower merchandise and production costs as a percentage of revenues.
Core Laundry Operations delivered organic growth of 1.9% in Q2 FY2025, with its operating margin rising to 4.6% from 3.6% in the prior year. The company incurred approximately $1.9 million in costs directly attributable to its Key Initiatives during the quarter.
UniFirst updated its diluted earnings per share guidance for fiscal year 2025 to a range of $7.30 to $7.70, an increase from prior estimates. This revision reflects improved anticipated operating income in Core Laundry Operations and a reduced assumption that Key Initiative costs expensed in fiscal 2025 will approximate $12.0 million, down from earlier estimates.
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