Baird 3Q Survey: Expect Growth Despite Inflation
Robert W. Baird & Co. and TRSA recently released the results of the September 2022 (third quarter 2022) Uniform & Linen Rental Survey. Both uniform and linen rental executives were upbeat on growth for the next 12 months, despite inflation fears.
Key uniform rental survey findings from the latest survey include:
- Rental Revenue Trends. Thirty-six percent of respondents beat their own revenue expectations for the quarter with 12% falling short. For 24%, the spread narrowed but remains generally healthy.
- Add/Stops. Employment-driven expansion at existing accounts (i.e., Add/Stop Diffusion Index) held in positive territory at 56.0, strengthening vs ...
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