Vestis Corporation Reports Q2 2025 Results and Updates

Vestis Corporation ( (VSTS) ) has released its Q2 earnings. Here is a breakdown of the information Vestis Corporation presented to its investors.

Vestis Corporation is a prominent player in the B2B uniform and workplace supplies sector, offering a comprehensive range of services including uniform rentals, floor mats, and managed restroom services to a diverse clientele across North America.

In its latest earnings report for the second quarter of 2025, Vestis Corporation reported a revenue of $665 million, alongside an operating loss of $9 million and a net loss of $28 million. The company also announced an amendment to its credit agreement, aimed at enhancing financial flexibility.

Key financial metrics for the quarter included an adjusted EBITDA of $48 million, which was impacted by a one-time bad debt expense of $15 million. Excluding this expense, the adjusted EBITDA stood at $63 million, representing 9.4% of revenue. The company also reported a free cash flow of negative $7 million, reflecting investments in inventory to support new and existing customers.

Looking ahead, Vestis Corporation has revised its outlook, expecting third-quarter revenue to range between $674 million and $682 million, with adjusted EBITDA projected to be at least $63 million. The company remains focused on disciplined capital allocation and deleveraging as strategic priorities.

With the appointment of Jim Barber as the new CEO, Vestis is poised to navigate the challenges of the uniform and workplace supplies industry, aiming to capitalize on growth opportunities and deliver long-term value creation.