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UNIFIRST CORP

CIK: 7179542 Annual ReportsLatest: 2026-10-28
Revenue: $2,523,230,000Net Income: $109,490,000Source 10-K
Disclaimer: AI-assisted summary of SEC Form 10-K filings. Not official company content and not investment, legal, accounting, or tax advice. See full disclaimer here.

10-K / October 28, 2026

Revenue:$2,523,230,000
Income:$109,490,000

10-K / November 14, 2024

Revenue:$2,427,431,000
Income:$145,474,000

10-K / October 28, 2026

UniFirst Corporation

Company overview

  • Organized in Massachusetts in 1950.
  • Provides uniform and workwear programs, facility management and service products, and first aid and safety supplies and services in North America.
  • Core offerings include design, manufacture, personalization, rental, cleaning, delivery, and sale of uniforms and protective clothing; industrial wiping products, floor mats, and facility management products; restroom and cleaning supplies; first aid cabinet services and safety training; and fire protection inspection, testing, and maintenance.

Segments and principal offerings

  • Uniform & Facility Service Solutions
    • Designs, manufactures, purchases, rents, cleans, delivers, and sells uniforms, protective clothing, and non-garment items in the U.S. and Canada.
    • Includes cleanroom garments and related services; distribution center operations; sales and marketing; information systems; and corporate functions (finance, HR, etc.).
  • First Aid & Safety Solutions
    • Sells first aid cabinet services, non-prescription medicines, safety supplies, and fire safety products, and provides safety training to end users and wholesalers.
  • Other (Nuclear Garment Decontamination)
    • Purchases, rents, cleans, delivers, and sells specialty garments and non-garment items for nuclear applications.
  • Service model
    • Customers typically enter written service contracts lasting 3 to 5 years.
    • Programs include full-service rental, lease, and purchase options.
    • Core activity includes weekly collection of soiled items and delivery of cleaned replacements.

Manufacturing and sourcing

  • Approximately 65% of garments placed in service in fiscal 2026 were manufactured by UniFirst.
  • Primary garment plants: two in San Luis Potosí, Mexico; one in Managua, Nicaragua; plus subcontracted manufacturers.
  • Approximately 99% of mats placed in service are manufactured at the Cave City, Arkansas plant.
  • Remaining garments and many non-garment items are purchased from a variety of suppliers; the company relies on a limited number of raw material suppliers, though materials are generally available from other sources.
  • ERP and technology initiatives: began a multiyear ERP project in fiscal 2022 to improve supply chain, procurement, CRM integration, and back-end processes.

International footprint and currency exposure

  • International sales represented about 7.4% of consolidated revenues in fiscal 2026 (7.0% in fiscal 2025; 6.9% in fiscal 2024).
  • Foreign currency movements can affect reported results; Canadian operations face added cost pressures from currency changes when inputs are sourced outside Canada.
  • International operations carry regulatory, staffing, tax, and political risks.

Customers and scale

  • Serves over 300,000 customer locations in the United States, Canada, and Europe.
  • No single customer in the last three years accounted for more than 10% of total revenue.

Workforce

  • Approximately 15,100 employees (team partners) as of August 29, 2026.
  • Less than 1% of U.S. employees are represented by a union under a collective bargaining agreement.

Operations and risk considerations

  • Business performance is sensitive to general economic conditions, fuel and energy costs, inflation, wage pressures, and demand cycles across multiple industries.
  • Nuclear and international operations involve regulatory and security considerations, including Nuclear Regulatory Commission licenses for U.S. facilities and regulatory oversight in the U.K. and Netherlands for other nuclear decontamination facilities.
  • Emphasizes service quality, with rapid response to inquiries and ongoing customer satisfaction measurement.

Potential strategic transaction (merger with Cintas)

  • On March 10, 2026, UniFirst entered into a merger agreement with Cintas Corporation.
  • Merger terms: at the effective time, each share of UniFirst common stock and Class B common stock will convert into $155.00 in cash plus 0.7720 shares of Cintas common stock (no fractional shares; cash paid in lieu of any fractional shares).