Bourse FRANCE
Alternext
SRD
EUROLIST A
EUROLIST B
EUROLIST C
Marche Libre
CAC 40
SBF 120
SBF 250
MIDCAC
Bourse EUROPE
Bourse Allemagne
Bourse Angleterre
Bourse Autriche
Bourse Belgique
Bourse Danemark
Bourse Espagne
Bourse Finlande
Bourse Grece
Bourse Islande
Bourse Luxembourg
Bourse Italie
Bourse Norvege
Bourse Pologne
Bourse Portugal
Bourse Pays-Bas
Bourse Suede
Bourse Suisse

Bourse Europe Est




Positionnement et Statistiques Gratuites

 OUTILS
 SOCIETES
 INVESTIR
DERIVES
COMPRENDRE
LES +
COMMUNAUTE
Logiciels - Softwares Analyse Banques SICAVS & FCP Lexique Jeux Boursiers Forums
Telechargements Information Courtiers Warrants Heures de Trading Livres -Books Pages Personnels
Rapports Annuels Introductions-IPO Fiscalite Trackers Indices Emploi - Jobs Clubs d'Investissements
RADIOS
JOURNAUX
TELES WEB
Ajouter aux favoris / Add favorite Ernstrade.com
Accueil
MUSIQUE
Lastalbum.net
VOYAGE / TRAVEL
Lyonvoyage.com
TELEPHONIE
Actumobi.com
LOGOS SONNERIES
Erneste.magikmobile.com
NASDAQ
AMEX
PHILADELPHIA
BOSTON
0-9
A
B
C
D
E
F
G
H
I
J
K
L
M
N
O
P
Q
R
S
T
U
V
W-X
Y-Z
UNIFIRST  CORPORATION
SECURITY: UNF (Common)   EXCHANGE: New York Stock Exchange   CURRENCY: US Dollar

UniFirst, a leading supplier of workwear for businesses big and small since 1936, provides a wide range of apparel from traditional uniforms, industrial wear, specialty and protective clothing, to "corporate casual" attire. Serving over 150,000 customers throughout the United States and Canada, UniFirst puts more than 1 million people in their work apparel each business day and offers Customers rental, lease, or purchase programs at the very best value.



UniFirst Announces Financial Results for the Second Quarter and First Six Months of Fiscal 2007 
WILMINGTON, Mass.--(BUSINESS WIRE)--March 28, 2007--UniFirst Corporation (NYSE: UNF) today announced its revenues and earnings for its second quarter and first half of fiscal 2007 which ended February 24, 2007.

Revenues were a record $222.4 million and $444.7 million for the second quarter and first half of fiscal 2007, respectively. These revenues represent an increase of 10.0% and 10.8%, respectively, from the $202.2 million and $401.5 million in the comparable 2006 periods.

Second quarter net income was $7.0 million, or $0.36 per diluted common share, compared to last year's second quarter net income of $6.3 million, or $0.33 per diluted common share. Net income for the first six months of fiscal 2007 was $20.7 million, or $1.07 per diluted common share, compared to $17.7 million, or $0.92 per diluted common share for the comparable period in 2006. The Company's second quarter and six month earnings were affected by severance expense related to the departure of the Company's Senior Vice President of Sales and Marketing as well as by adjustments made to the Company's environmental reserves. These combined to decrease the Company's income from operations and net income by approximately $2.3 million and $1.4 million, respectively. Without these adjustments, the Company's diluted earnings per share for the second quarter and the first six months of fiscal 2007 would have been $0.43 and $1.14, respectively.

Excluding the items discussed above, income from operations from the Company's core laundry business, which excludes the Company's Specialty Garments and First Aid segments, increased 20.9% and 15.8% in the second quarter and six month periods as compared to fiscal 2006. These increases were the result of revenue growth of 10.0% and 10.2% in the second quarter and six month periods, respectively, as well as lower operating costs as a percentage of revenues. The revenue growth was primarily due to organic growth, which was 7.3% for both the second quarter and the six month periods. The increase in operating margin was primarily due to a reduction in energy costs, production costs and delivery payroll costs as a percentage of revenues. These improvements continue to be partially offset by higher merchandise costs as a percentage of revenues.

The Company's results also continue to be affected by higher interest expense as compared to fiscal 2006, which was the result of higher average borrowings in fiscal 2007 as well as higher interest rates affecting the Company's variable rate debt.

"I continue to be pleased with the strong organic revenue growth in our core laundry operations" said UniFirst President and Chief Executive Officer, Ron Croatti. "Both our professional sales team and our route sales team contributed to these strong results."

The Company will hold a conference call today at 4:00 PM (EDT) to discuss its quarterly financial results, business highlights and outlook. A simultaneous live webcast of the call will be available over the Internet and can be accessed at www.unifirst.com.

UniFirst is one of the largest providers of workplace uniforms, protective clothing and facility services products in North America. The Company employs approximately 9,800 team partners who serve nearly 200,000 customer locations in 46 states, Canada and Europe from 189 manufacturing, distribution and customer service facilities. UniFirst Corporation is a publicly held company traded on the New York Stock Exchange under the symbol UNF and is a component of the Standard & Poor's 600 Small Cap Index.
 
 
 

 

Copyright  2004 - 2005 Ernstrade
Bourse ETATS UNIS
Bourse NASDAQ
Bourse NYSE
Bourse ASE
Bourse Philadelphia
Bourse Boston
Bourse AMERIQUES
Bourse Bresil
Bourse Canada
Bourse Jamaique
Bourse Trinidade
Avertissement légal - Contact Webmaster - Partenaires