Vestis reports Q1 adjusted EPS 14c, consensus 12c

Reports Q1 revenue $683.78M, consensus $688.89M. “We are pleased with our first quarter results, which were in-line with our expectations,” said Kim Scott, President and CEO. “Our business continues to build momentum. In the second quarter, we expect to hit a significant milestone, with new volume outpacing customer losses driven by field sales productivity, national account wins, and lower customer churn. Further, select pricing actions and cost savings should benefit our bottom line. We remain on track to deliver full year results in-line with our outlook, with sequential improvement in our results throughout the year supporting a double-digit EBITDA growth rate heading into fiscal 2026.”