UniFirst delivered consolidated revenues of $622.5 million in the second quarter, a 3.4% increase from the prior year driven by organic growth in its core Uniform & Facility Service Solutions segment. Net income declined to $20.5 million, or $1.13 per share GAAP ($1.25 adjusted), as operating margin fell to 4.2%, reflecting planned growth and digital transformation investments.

UniFirst has entered a definitive agreement whereby each shareholder will receive $155.00 in cash plus 0.772 shares of Cintas stock for each UniFirst share owned. The transaction is expected to close in the second half of calendar 2026, subject to shareholder and regulatory approvals, and has led UniFirst to suspend future financial guidance and conference calls.

The quarter included $3.0 million of costs related to the enterprise resource planning project and $4.5 million in shareholder engagement and legal expenses tied to the pending merger and employee matters. UniFirst finished the period with $157.5 million in cash and short-term investments, no long-term debt, $8.9 million of share repurchase capacity remaining, and declared a $0.365 per share dividend.

Revenues in Uniform & Facility Service Solutions rose 3.2% to $568.8 million with 2.8% organic growth, while First Aid & Safety Solutions saw a 12.2% increase to $30.8 million. Nuclear Solutions revenues dipped 1.9% to $22.9 million due to the wind-down of a major refurbishment project and fewer reactor outages.