Vestis Corp

Vestis reported adjusted earnings per share of $0.18 and revenue of $661.7 million for Q3/2026, both below analyst expectations. Management nonetheless raised the full-year free cash flow guidance to $160–$170 million, signaling improved capital efficiency and operational discipline. The outlook drove the stock about 5.5% higher in premarket trading despite ongoing revenue pressure. » Mais em de.investing.com

Vestis will release results for the latest quarter on 11.08.2026. Six analysts forecast an average EPS of $0.099 (prior year -$0.010) on revenue of $668.9 million (prior year $673.8 million, -0.72%). For the fiscal year the same analysts expect an average EPS of $0.490 (prior year -$0.310) and revenue of $2.67 billion (prior year $2.73 billion). » Mais em finanzen.net

Vestis reports a slight revenue decline in Q2 2026 to $659.4m, but achieved a 19.1% increase in adjusted EBITDA to $74.5m through cost cuts and operational efficiency. Free cash flow turned positive to $45.6m (versus -$7m in the year-ago quarter) and available liquidity rose to $344.5m. Management cites operational excellence, commercial measures and asset optimization as drivers and materially raised the full-year guidance for adjusted EBITDA and free cash flow. The stock reacted strongly positive in pre-market trading to the results and the upgraded guidance. » Mais em de.investing.com

Since spinning off from Aramark in October 2023, Vestis Corporation has seen revenue declines, missed earnings and EBITDA margins fall from ~19.2% to ~10%, driving a roughly 60% share drop. Activist Corvex prompted board changes and the appointment of CEO Jim Barber, who is executing service recovery, pricing discipline and about $75M of cost savings, with early signs of improved on-time delivery and lower churn. Analysts note Vestis trades at ~7.7x FY26 EBITDA and could re-rate toward ~$13.80 within 12 months if margins recover to the low-teens, cash flow improves and optional asset sales or deleveraging occur. » Mais em finance.yahoo.com

Vestis reported a revenue decline to $663m and adjusted earnings per share of $0.10 in Q1 2026, missing analysts’ estimates, yet the stock jumped by more than 30%. Adjusted EBITDA fell, while free cash flow improved substantially and liquidity stands at $316.7m. Management unveiled a transformation plan targeting $75m in savings and confirmed the full-year guidance (adjusted EBITDA $285–315m, free cash flow $50–60m) as well as sequential EBITDA growth of about 5% from Q2. Net debt of $1.29bn remains a challenge, but investors are banking on operational efficiency gains. » Mais em de.investing.com