Filing Flows › Unifirst (UNF) › Q2 FY25
Unifirst (UNF) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Apr 10, 2025
Unifirst (UNF) reported revenue of $602M for the second quarter fiscal 2025 (Q2 FY25), +2% from a year earlier and -0.4% from the quarter before. Operating margin was 5.2%, net earnings $24.5M (4.1% of revenue).
Unifirst, Q2 FY25: revenue $602M (+2% year over year), operating margin 5.2%, net earnings $24.5M, operating cash flow $70.2M. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $602M | -0.4% | +2% |
| Operating profit | $31.2M | -44% | +12% |
| Net earnings | $24.5M | -43% | +20% |
| Operating cash flow | $70.2M | +21% | +15% |
| Free cash flow | $37.7M | +53% | +38% |
What changed
Revenue was $602.2M in Q2 FY25, up 2% year over year and roughly flat from the previous quarter. U Sand Canadian Rentaland Cleaning MF Gand Corporate Segments was the largest line at 88% of revenue. U Sand Canadian Rentaland Cleaning MF Gand Corporate Segments added $7.9M year over year (up 2%), 69% of the total change.
Operating profit was $31.2M, a 5.2% margin (up 0.5 points year over year). Of the extra revenue versus a year earlier, 28% reached operating profit, above the 5% margin then. Total costs grew 1% against revenue growth of 2%. Net earnings were $24.5M, up 20% year over year. The effective tax rate was 25.0%.
Operating cash flow was $70.2M (up 15% year over year), 287% of net earnings. Non-cash charges added back $34.9M of depreciation and amortization and $3.2M of share-based compensation. Working capital and other items added $7.6M. Capital expenditures of $32.5M left free cash flow of $37.7M.
Questions
What was Unifirst's revenue in the second quarter fiscal 2025?
Unifirst (UNF) reported revenue of $602M for the second quarter fiscal 2025 (Q2 FY25), +2% from a year earlier and -0.4% from the quarter before.
Was Unifirst profitable in the second quarter fiscal 2025?
Operating profit was $31.2M (5.2% of revenue) and net earnings $24.5M.
Source: Unifirst 10-Q on SEC EDGAR.