Reports Q1 revenue $663.4M, consensus $663.7M. Revenue decreased 3.0% vs. last year, driven by a decrease in revenue per pound and changes in product sales mix. During the quarter, the company saw a 7% improvement in plant productivity and a 3% improvement in on-time deliveries. “Our first quarter results reflect a solid start to our fiscal 2026 and strong execution against our business transformation plan focused on unlocking operating leverage while elevating the customer experience,” said CEO Jim Barber.
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VSTS:
- VSTS Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Vestis downgraded to Sell from Neutral at Goldman Sachs
- Midday Fly By: Ford takes $19.5B EV writedown, Apple expanding iPhone lineup
- Morning Movers: Vital Farms dips after cutting FY25 revenue view