UNIFIRST CORP (UNF) Form 10-K — Oct 27, 2026
UniFirst's fiscal 2026 10-K shows revenue of $2.52 billion, up 3.7%, but operating income fell 26.3% to $136.0 million as the company absorbed $37.2 million of costs tied to its pending merger with Cintas. The Cintas deal, struck March 10, 2026, pays UniFirst holders $155.00 cash plus 0.7720 Cintas shares per share. Shareholder approval was obtained June 11, 2026, but the FTC issued a Second Request and both companies agreed not to close before December 11, 2026; either side may terminate if the deal has not closed by January 10, 2027, and UniFirst owes a $213.3 million termination fee in specified circumstances.
Key figures
- Revenue
- 2523230000
- Net Income
- decreased $38.8 million vs prior year (exact figure not stated)
- Revenue Yoy
- 3.7%
- Cash Position
- 192100000
- Capex
- 134500000
- Employees
- approximately 15,100
- Termination fee
- 213300000
- Operating income
- 136044000
- Letters of credit
- 101300000
- Dividend per share
- $0.365 per Common Stock share (quarterly)
- Non us revenue pct
- 7.4%
- Mexican tax accrual
- 2000000
- Operating cash flow
- 205285000
- Operating income yoy
- -26.3%
- Erp capitalized costs
- 65800000
- Revolving credit facility
- $300.0 million, no borrowings, $198.7 million available
- Transaction related costs
- 37200000
- Operating income margin prior
- 7.6%
- Share repurchases fiscal 2026
- 31700000
- Share repurchase authorization
- $100.0 million ($8.9 million remaining)
- Operating income margin current
- 5.4%
AI analysis
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