UniFirst Corporation reported fiscal third-quarter net income of $19.9 million, or $1.09 per diluted share, down from $39.7 million, or $2.13 per share, a year earlier, as $20.7 million in costs tied to its pending acquisition by Cintas Corporation weighed on results. Consolidated revenues rose 3.9% to $634.4 million, driven by organic growth in the core Uniform & Facility Service Solutions segment, while operating income fell to $23.0 million from $48.2 million. The company also recorded $5.2 million in costs related to its enterprise resource planning project, compared with $1.0 million in the prior-year quarter. UniFirst shareholders approved the Cintas deal on June 11, 2026, and the companies are cooperating with a Federal Trade Commission second request for information, with the transaction expected to close in the second half of calendar 2026.
Unifirst CorporationUniFirst's Q3 earnings show declining profitability (operating margin down, net income halved) due to merger and ERP costs, despite revenue growth.
Cintas CorporationCintas is mentioned as the merger counterparty; the article discusses UniFirst's results and merger progress, but Cintas itself is not directly impacted by UniFirst's earnings.