Company profile

Ticker
UNF
Exchange
CEO
Steven S. Sintros
Employees
Incorporated in
Location
Fiscal year end
SEC CIK
IRS number
42103460

UNF stock data

(
)

Calendar

9 Jan 20
28 Jan 20
29 Aug 20

News

Company financial data Financial data

Quarter (USD) Nov 19 Aug 19 May 19 Feb 19
Revenue 465.4M 479.62M 453.72M 437.49M
Net income 48.24M 45.99M 47.22M 47.61M
Diluted EPS 2.52 2.4 2.46 2.48
Net profit margin 10.37% 9.59% 10.41% 10.88%
Operating income 60.1M 58.92M 60.21M 62.45M
Net change in cash -28.75M 35.93M 14.09M 58.79M
Cash on hand 356.59M 385.34M 349.41M 335.32M
Cost of revenue 289.32M 300.57M 279.9M 281.67M
Annual (USD) Aug 18 Aug 17 Aug 16 Aug 15
Revenue 1.7B 1.59B 1.47B 1.46B
Net income 163.9M 70.2M 125.03M 124.3M
Diluted EPS 8.21 3.44 6.17 6.15
Net profit margin 9.66% 4.41% 8.52% 8.53%
Operating income 182.38M 110.28M 201.16M 200.38M
Net change in cash -79.24M -14.04M 87.24M
Cash on hand 270.51M 349.75M 363.8M 276.55M
Cost of revenue 1.06B 993.59M 900.43M 884.66M

Financial data from Unifirst earnings reports

97.8% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 260 232 +12.1%
Opened positions 48 40 +20.0%
Closed positions 20 34 -41.2%
Increased positions 74 88 -15.9%
Reduced positions 85 66 +28.8%
13F shares
Current Prev Q Change
Total value 7.18B 6.47B +11.0%
Total shares 15.02M 14.71M +2.1%
Total puts 3.8K 3.4K +11.8%
Total calls 600 3.2K -81.3%
Total put/call ratio 6.3 1.1 +496.1%
Largest owners
Shares Value Change
BLK BlackRock 2.25M $438.16M +1.2%
Vanguard 1.58M $309.19M -0.4%
Dimensional Fund Advisors 664.62K $129.68M -3.9%
JHG Janus Henderson 610.59K $119.14M -14.9%
Tweedy, Browne 554.75K $33.3M +1610.2%
STT State Street 461.69K $90.09M -2.5%
NEU Neuberger Berman 435.83K $85.04M -2.5%
Victory Capital Management 425.89K $83.1M -16.2%
MCQEF Macquarie 395.41K $77.15M -4.4%
NTRS Northern Trust 382.41K $74.62M +3.3%
Largest transactions
Shares Bought/sold Change
Tweedy, Browne 554.75K +522.31K +1610.2%
TPG 0 -323.45K EXIT
Kayne Anderson Rudnick Investment Management 186.48K +186.48K NEW
JHG Janus Henderson 610.59K -106.72K -14.9%
PRU Prudential Financial 217.93K +84.71K +63.6%
Victory Capital Management 425.89K -82.38K -16.2%
WHG Westwood 149.52K -81.57K -35.3%
River Road Asset Management 246.54K -71.89K -22.6%
Millennium Management 41.51K -64.95K -61.0%
N Price T Rowe Associates 315.32K +64.37K +25.6%

Financial report summary

?
Risks
  • SAFE HARBOR FOR FORWARD-LOOKING STATEMENTS
  • RISKS RELATING TO OUR BUSINESS AND INDUSTRY
  • We face intense competition within our industry, which may adversely affect our results of operations and financial condition.
  • The expenses we incur to comply with environmental regulations, including costs associated with potential environmental remediation, may prove to be significant and could have a material adverse effect on our results of operations and financial condition.
  • In addition to contingencies and claims relating to environmental compliance matters, we may from time to time be subject to legal proceedings and claims related to our business operations which may adversely affect our financial condition and operating results.
  • Our failure to implement successfully our acquisition strategy and to grow our business could adversely affect our ability to increase our revenues and could negatively impact our profitability.
  • We may incur unexpected cost increases due to rising healthcare costs, the Affordable Care Act and other labor costs.
  • Our failure to retain our current customers, renew our existing customer contracts and enter into customer contracts with new customers could adversely affect our business, results of operations and financial condition.
  • Increases in fuel and energy costs could adversely affect our operating costs.
  • Fluctuations in the nuclear portion of our Specialty Garments segment, including the loss of key customers or a significant reduction in our business derived from key customers, could disproportionately impact our revenue and net income and create volatility in the price of our Common Stock.
  • Our international business results are influenced by currency fluctuations and other risks that could have an adverse effect on our results of operations and financial condition.
  • Adverse global financial and economic conditions may result in impairment of our goodwill and intangibles.
  • Our failure to properly and efficiently design, construct, implement and operate a new customer relationship management (CRM) computer system could materially disrupt our operations, adversely impact the servicing of our customers and have a material adverse effect on our financial performance.
  • If our information technology systems suffer interruptions or failures, including as a result of cyber-attacks, our business operations could be disrupted.
  • Our business may be subject to seasonal and quarterly fluctuations.
  • Loss of our key management or other personnel could adversely impact our business.
  • We depend on third parties to supply us with raw materials and our results of operations could be adversely affected if we are unable to obtain adequate raw materials in a timely manner.
  • Unexpected events could disrupt our operations and adversely affect our operating results.
  • The price of our Common Stock may be highly volatile, which could result in significant price declines.
  • We are controlled by our principal shareholders, and our other shareholders may be unable to affect the outcome of shareholder voting.
  • Our business could be adversely impacted if we have deficiencies in our disclosure controls and procedures or internal controls over financial reporting.
  • If we are unable to accurately predict our future tax liabilities or become subject to increased levels of taxation or our tax contingencies are unfavorably resolved, our results of operations and financial condition could be adversely affected.
Management Discussion
  • We derive our revenues through the design, manufacture, personalization, rental, cleaning, delivering, and selling of a wide range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks and aprons and specialized protective wear, such as flame resistant and high visibility garments. We also rent industrial wiping products, floor mats, facility service products, other non-garment items, and provide restroom and cleaning supplies and first aid cabinet services and other safety supplies, to a variety of manufacturers, retailers and service companies. We have five reporting segments, U.S. and Canadian Rental and Cleaning, MFG, Specialty Garments, First Aid and Corporate. We refer to the U.S. and Canadian Rental and Cleaning, MFG, and Corporate reporting segments combined as our “Core Laundry Operations.”
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. junior Avg
New words: Additionally, comprised, exemption, extend, holiday, Missouri, outage, population, preliminary, release, relief, residual, responding, simplify, simplifying, single, strive, strong, submittal, terminate, Thanksgiving, tracked
Removed: abstained, accretive, adjustment, advertising, affiliated, Affordable, American, analyzed, applying, assistance, Bulletin, capitalization, Care, committee, comparability, comparative, competitive, conducting, Croatti, cumulative, curtailed, Cynthia, deferral, depending, depict, detail, devaluation, directing, diversity, division, dramatic, driven, earliest, elevated, enactment, enhance, enrollment, executed, exist, expansion, family, finalize, fluctuate, fulfill, grown, headcount, imposed, improved, improvement, incentive, increasing, independent, individual, integrating, international, law, line, lowered, March, model, negatively, NRC, obligated, opening, opportunity, passed, passing, pay, periodic, portfolio, provisional, pursued, ratably, recommendation, recruitment, registrant, remeasure, rendered, repatriation, response, restated, retained, robust, Ronald, SAB, sale, scrutiny, SEC, separately, served, shareholder, slightly, solid, sourced, stabilized, Stifel, subsequently, suspension, transferred, uncertainty, undertook, unrelated, varied, view