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UniFirst Corp Streamlines Reporting Segments, Shares Rise 2.2%

UniFirst Corporation has announced changes to its reporting organization and financial operating segments, effective from the fourth quarter and year ended August 30, 2025. Previously, the company had five reporting segments, which have now been consolidated into three reportable segments: Uniform & Facility Service Solutions, First Aid & Safety Solutions, and Other.

The Uniform & Facility Service Solutions segment now includes the former U.S. and Canadian Rental and Cleaning, Manufacturing, Corporate, and cleanroom solutions. This segment is involved in designing, manufacturing, purchasing, renting, cleaning, delivering, and selling uniforms, protective clothing, and non-garment items in the U.S. and Canada. It also provides cleanroom cleaning at limited customer locations.

The First Aid & Safety Solutions segment, previously known as the First Aid segment, sells first aid cabinet services, non-prescription medicines, safety supplies, and provides certain safety training.

The Other segment consists of nuclear solutions, previously part of the Specialty Garments segment. It purchases, rents, cleans, delivers, and sells specialty garments and non-garment items primarily for nuclear applications.

The key measures used by management to evaluate segment performance continue to be revenues and operating income. Adjusted EBITDA is also presented for additional informational purposes and to facilitate period-to-period comparisons of operating performance.

To provide investors with an understanding of the impact of these changes, UniFirst Corporation has provided recast supplemental unaudited information containing seven quarters of historical financial and operational metrics for the three reportable segments. This information is accessible through the News Releases section of the Company’s Investor Relations website.

The modifications to the reporting segments had no impact on the Company’s previously reported consolidated financial results. UniFirst Corporation is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, as well as first aid and safety supplies and services. The company also manages specialized garment programs for the cleanroom and nuclear industries. As a result of these announcements, the company's shares have moved 2.2% on the market, and are now trading at a price of $165.24. For more information, read the company's full 8-K submission here.

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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