Baird 2Q Survey Tracks COVID-19 Contraction

Robert W. Baird & Co., in partnership with TRSA, recently released the results of the June 2020 (2Q20) Uniform & Linen Rental Survey. Baird also released a “flash survey” in April to take into account the effects of the COVID-19 pandemic that its first-quarter survey missed.

In the second-quarter survey, the key findings among uniform rental operators included:

  • Rental Revenue Trends: 70% of respondents fell short of internal revenue projections for the quarter with 15% meeting target. Fifteen-percent exceeded plan.
    Add/Stops: Employment-driven expansion at existing accounts fell to 15.8 (diffusion index), its first negative (i.e., <50) reading since ...

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