UniFirst Corporation (UNF) Q1 2025 Earnings Call Transcript

UniFirst Corporation (NYSE:UNF) Q1 2025 Earnings Call Transcript January 8, 2025 9:00 AM ET

Company Participants

Steven Sintros – President and CEO
Shane O’Connor – EVP and CFO

Conference Call Participants

Andrew Wittmann – Baird
Ronan Kennedy – Barclays
Kartik Mehta – Northcoast Research
Josh Chan – UBS
Tim Mulrooney – William Blair

Operator

Good day and thank you for standing by. Welcome to the First Quarter 2025 UniFirst Earnings Conference Call. At this time, all participants are in a listen-only mode. After the speakers’ presentation, there will be a question-and-answer session [Operator Instructions] I would now like to hand the conference over to President and Chief Executive Officer, Steven Sintros. Please go ahead.

Steven Sintros

Thank you, and good morning. I’m Steven Sintros, UniFirst’s President and Chief Executive Officer. Joining me today is Shane O’Connor, Executive Vice President and Chief Financial Officer. I’d like to welcome you to UniFirst Corporation’s conference call to review our first quarter results for fiscal year 2025. This call will be on a listen-only mode until we complete our prepared remarks.

But first, a brief disclaimer. This conference call may contain forward-looking statements that reflect the company’s current views with respect to future events and financial performance. These forward-looking statements are subject to certain risks and uncertainties. The words anticipate, optimistic, believe, estimate, expect, intend and similar expressions that indicate future events and trends identify forward-looking statements. Actual future results may differ materially from those anticipated, depending on a variety of risk factors. For more information, please refer to the discussion of these risk factors in our most recent Form 10-K and 10-Q filings with the Securities and Exchange Commission.

To start the call today, I’d like to briefly address the news regarding Cintas Corporation. As we stated in our press release yesterday, the UniFirst Board, in consultation

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