
UniFirst reports Q3 revenue growth amid Cintas merger progress
- UniFirst (NYSE:UNF) reported Q3 fiscal 2026 revenue of $634.4 million, up 3.9% year over year.
- Operating income fell to $23 million and EPS dropped to $1.09, driven by merger and ERP-related costs.
- Shareholders approved a merger with Cintas, with FTC review underway and closing targeted for H2 2026.
UniFirst (NYSE:UNF) reported fiscal third-quarter 2026 revenue of $634.4 million, reflecting 3.9% growth compared with the same period last year.
The increase was led by strength in its Uniform & Facility Service Solutions segment compared with earlier periods of slower contract growth.
Operating income declined to $23 million, while earnings per share fell to $1.09, with the company citing merger-related costs and ERP system expenses.
Meanwhile, UniFirst shareholders approved a merger with Cintas that values each UniFirst share at $155 in cash plus 0.7720 Cintas shares.
The companies have received an FTC Second Request as part of the regulatory review process.
Closing of the transaction is targeted for the second half of calendar 2026, subject to regulatory approvals and customary conditions.