UniFirst Corporation (NYSE:UNF) shares are trading higher after the company reported first-quarter results. Quarterly sales of $604.91 million missed the analyst consensus of $606.62 million.
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Yesterday, Cintas Corporation submitted a proposal to acquire all outstanding shares of UniFirst for $275 per share in cash. This offer, which represents a 46% premium to UniFirst’s ninety-day ...
This outlook continues to include an estimated $16.0 million of costs directly attributable to key initiatives that it anticipates will be expensed in fiscal 2025. Yesterday, Cintas Corporation ...