The earnings call presented a mixed outlook. While there were significant efforts and initiatives in place to improve operational leverage and cash flow, the company is currently facing challenges with revenue decline, churn, and decreased gross margin.

Company Guidance -

Q4 2025

During the Vestis Corporation Fiscal Third Quarter 2025 Earnings Conference Call, guidance was provided highlighting several metrics and strategic initiatives. The company reported a decline in revenue to $674 million, down 3.5% year-over-year, attributed primarily to a decrease in rental revenue and direct sales. Despite these challenges, Vestis installed 20% more recurring revenue year-over-year through field and national account sales organizations. The company also noted a churn impact of $60 million, leading to a business retention rate of 91.9% in revenue dollars. Gross margin for the quarter was 27%, down 200 basis points from the previous year. The call emphasized a strategic shift towards value-based pricing, optimizing product mix for profitability, and enhancing cost efficiency to unlock operating leverage. Additionally, Vestis aims to modernize its technology infrastructure, with a capital expenditure expectation of around $60 million for the year. The adjusted EBITDA was reported at $64 million, with an adjusted margin of 9.5%, while the liquidity position remains strong with $290 million of available liquidity and a net leverage ratio of 4.50x. The company is focused on stabilizing performance and preparing for meaningful improvement in 2026, with plans to provide further details during the next call.

Improved Cash Flow

The company generated $23 million of operating cash flow and $8 million of free cash flow, reflecting a positive improvement over the last quarter.

Operational and Strategic Initiatives

Introduction of a value-based pricing model and focus on optimizing product mix and cost of service to improve operational leverage.

Significant New Business Wins

Growth from new business or conversion contributed approximately $45 million or 6.7% of revenue year-over-year for the third quarter.

Strategic Focus on Customer Experience

Investments in tools, systems, and processes to support frontline team members and improve customer retention.

Vestis Corporation (VSTS) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

VSTS Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 26, 2025	2025 (Q4)	0.06 / -	0.11	―	―	―
Aug 05, 2025	2025 (Q3)	0.05 / -0.01	0.16	-106.25% (-0.17)
May 06, 2025	2025 (Q2)	0.14 / -0.05	0.13	-138.46% (-0.18)
Jan 31, 2025	2025 (Q1)	0.12 / 0.14	0.22	-36.36% (-0.08)
Nov 21, 2024	2024 (Q4)	0.13 / 0.11	0.555	-80.18% (-0.45)
Aug 07, 2024	2024 (Q3)	0.09 / 0.16	0.45	-64.44% (-0.29)
May 02, 2024	2024 (Q2)	0.22 / 0.13	―	―
Feb 07, 2024	2024 (Q1)	0.21 / 0.22	―	―
Nov 29, 2023	2023 (Q4)	0.29 / 0.56	0.177	213.56% (+0.38)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

VSTS Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$5.99	$5.64	-5.84%
May 06, 2025	$8.71	$5.44	-37.54%
Jan 31, 2025	$15.80	$13.94	-11.77%
Nov 21, 2024	$13.25	$15.55	+17.36%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Vestis Corporation (VSTS) report earnings?

Vestis Corporation (VSTS) is schdueled to report earning on Nov 26, 2025, Before Open (Confirmed).

What is Vestis Corporation (VSTS) earnings time?

Vestis Corporation (VSTS) earnings time is at Nov 26, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is VSTS EPS forecast?

VSTS EPS forecast for the fiscal quarter 2025 (Q4) is 0.06.

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