Baird Survey: Glimmers Of Growth Amid The Gloom

Robert W. Baird & Co. and TRSA recently published the results of its March 2021 (First-Quarter 2021) Uniform & Linen Rental Survey. The impact of the COVID-19 pandemic was still noticeable in several key measures.

Key uniform rental survey findings include:

  • Rental Revenue Trends: 37% of respondents fell short of internal revenue projections for the quarter, better than last quarter’s 62%, but still a high number historically. Only 11% of respondents saw trends above expectations.
  • Add/Stops: Employment-driven expansion at existing accounts (i.e., Add/Stop Diffusion Index) improved to 60 in March, rebounding to positive/expansionary territory (>50) for the ...

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