Robert W. Baird & Co. and TRSA recently released the results of their December 2020 (Fourth Quarter 2020) Uniform & Linen Rental Survey. The latest survey results show a decline in several key metrics compared to the previous quarter’s survey. Key uniform rental survey findings include:

• Rental Revenue Trends. 62% of respondents fell short of internal revenue projections for the quarter, a near record, with the relative spread between exceeding/falling short hitting a 14-year record (only 5% exceeded expectations).
• Add/Stops. Employment-driven expansion at existing accounts (i.e., Add/Stop Diffusion Index) fell to 40.5 in December, retesting historical lows ...