Textile Services News

UniFirst Announces Q2 Results

UniFirst Corp., Wilmington, MA, recently announced results for its second quarter that ended Feb. 24. Revenues for the quarter were $419.3 million, up 7.1% from $391.4 in the comparable prior-year period, according to a news release. Income before income taxes for the quarter increased to $43.6 million from $37.4 million in the prior year period, or 16.6%. Net income in the quarter was $58.4 million ($2.85 per diluted share) in the second quarter fiscal 2017. The company’s net income in the second quarter of 2018 was positively impacted by the U.S ...