Vestis Corporation (VSTS)
Market Cap | 1.33B |
Revenue (ttm) | 2.77B |
Net Income (ttm) | 9.54M |
Shares Out | 131.75M |
EPS (ttm) | 0.07 |
PE Ratio | 139.61 |
Forward PE | 13.59 |
Dividend | $0.14 (1.38%) |
Ex-Dividend Date | Feb 21, 2025 |
Volume | 3,060,249 |
Open | 10.35 |
Previous Close | 10.32 |
Day's Range | 10.12 - 10.51 |
52-Week Range | 8.92 - 19.76 |
Beta | n/a |
Analysts | Hold |
Price Target | 13.68 (+35.18%) |
Earnings Date | May 1, 2025 |
About VSTS
Vestis Corporation provides uniform rentals and workplace supplies in the United States and Canada. Its products include uniform options, such as shirts, pants, outerwear, gowns, scrubs, high visibility garments, particulate-free garments, and flame-resistant garments, as well as shoes and accessories; and workplace supplies, including managed restroom supply services, first-aid supplies and safety products, floor mats, towels, and linens. The company serves manufacturing, hospitality, retail, food processing, food service, pharmaceuticals, hea... [Read more]
Financial Performance
In 2024, Vestis's revenue was $2.81 billion, a decrease of -0.69% compared to the previous year's $2.83 billion. Earnings were $20.97 million, a decrease of -90.16%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for VSTS stock is "Hold." The 12-month stock price forecast is $13.68, which is an increase of 35.18% from the latest price.
News

Vestis Announces CEO Transition
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS) (“Vestis” or the “Company”), a leading provider of uniforms and workplace supplies, today announced that its Board of Directors (the “Board”) ...

Vestis: Extremely Undervalued With Stable FCF And 75 Years In The Industry
Vestis Corporation's 75 years of industry experience and sector diversification provide stability and potential revenue growth, making it undervalued at the current stock price. Despite challenges lik...

Vestis: I Like The Improvements, But More Needs To Be Shown
Vestis Corp. shows improvements but still faces challenges; hold rating maintained until positive organic revenue growth and margin expansion are demonstrated. VSTS 1Q25 earnings report: revenue down ...

Vestis Corporation (VSTS) Q1 2025 Earnings Call Transcript
Vestis Corporation (NYSE:VSTS) Q1 2025 Results Conference Call January 31, 2025 8:30 AM ET Company Participants Michael Aurelio - IR Kim Scott - President and CEO Rick Dillon - EVP and CFO Conference...

Vestis Reports First Quarter 2025 Results; Reaffirms FY25 Guidance; Announces Chief Financial Officer and Chief Legal Officer Transitions
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the first quarter ended December 27, 2024 and reiterat...

Vestis Announces Date for Fiscal First Quarter 2025 Earnings Results
ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, has announced that it will report its fiscal first quarter 2025 earnings results on January 31, 20...

Exclusive: Uniform maker Vestis fields takeover interest from buyout firms, sources say
Advent International and Apollo Global Management are among the buyout firms exploring a potential acquisition of uniform supplier Vestis , according to people familiar with the matter.

Vestis Corp: Waiting For More Signs Of Successful Turnaround
I maintain a hold rating for Vestis Corp (VSTS) due to the need for more evidence of successful strategy implementation and operating metrics improvement. 4Q24 earnings were disappointing, with a 4.4%...

Vestis Corporation (VSTS) Q4 2024 Earnings Call Transcript
Vestis Corporation (NYSE:VSTS) Q4 2024 Earnings Conference Call November 21, 2024 8:30 AM ET Company Participants Michael Aurelio - IR Kimberly T. Scott - President and CEO Ricky T.

Vestis Reports Fourth Quarter and Fiscal 2024 Results
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the fourth quarter and fiscal year ended September 27,...

Vestis Announces Date for Fiscal Fourth Quarter and Full-Year 2024 Earnings Results
ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, has announced that it will report its fiscal fourth quarter and full-year 2024 earnings results on...

Vestis to Sell Minority Stake in Japanese Joint Venture
ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced an agreement to sell its 39% equity stake in Aramark Uniform Services Japan Corpor...

Vestis Confirms Receipt of Preliminary Inquiry
ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), today confirmed that it received a preliminary inquiry from Elis SA regarding a potential transaction involving the Company. The Board of Directors takes...

Exclusive: France's Elis has bid for U.S. uniform supplier Vestis, sources say
French workplace supplies provider Elis SA has approached Vestis , the former uniform rentals business of Aramark , with an acquisition offer, according to people familiar with the matter.

Vestis Corp.: Tangible Improvements To Organic Growth Need To Be Seen
Hold rating for Vestis Corp. due to lack of tangible organic growth improvements. VSTS is the second-largest in the US Uniform Services industry, with a simple business model and the majority of reven...

Vestis Announces Quarterly Cash Dividend
ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS) today announced that its Board of Directors has approved a quarterly cash dividend of $0.035 per share of common stock. The dividend is payable to shareho...

Vestis Corporation (VSTS) Q3 2024 Earnings Call Transcript
Vestis Corporation (NYSE:VSTS) Q3 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Michael Aurelio - IR Kimberly T. Scott – President and CEO Ricky T.

Vestis Reports Third Quarter 2024 Results
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the third quarter ended June 28, 2024. The company als...

Vestis Appoints Bill Goetz to the Board of Directors
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS) (“Vestis” or the “Company”), a leading provider of uniforms and workplace supplies, today announced the appointment of Bill Goetz to the Compa...

Vestis Announces Key Operations and Sales Leadership Appointments
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS) (“Vestis” or the “Company”), a leading provider of uniforms and workplace supplies, today announced the appointment of Bill Seward as Chief Op...

Shareholders of Vestis Corporation Should Contact The Gross Law Firm Before July 16, 2024 to Discuss Your Rights – VSTS
NEW YORK, July 09, 2024 (GLOBE NEWSWIRE) -- The Gross Law Firm issues the following notice to shareholders of Vestis Corporation (NYSE: VSTS).

Vestis Announces Date for Fiscal Third Quarter 2024 Earnings Results
ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, has announced that it will report its fiscal third quarter 2024 earnings results on August 7, 2024...

Vestis: A 'Fixer-Upper' in a Good Neighborhood
Vestis Corp. (VSTS, Financial) in an interesting recent spinoff I came across when I was looking for significant insider buying near 52-week low prices. I think the company has potential as it is an e...

VSTS Lead Plaintiff Deadline Approaching – Stockholders Should Contact Robbins LLP for Information
SAN DIEGO, June 27, 2024 (GLOBE NEWSWIRE) -- Robbins LLP reminds investors that a shareholder filed a class action on behalf of persons and entities that purchased Vestis Corporation (NYSE: VSTS) comm...

Vestis Appoints Keith Meister to the Board of Directors
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS) (“Vestis” or the “Company”), a leading provider of uniforms and workplace supplies, today announced the appointment of Keith Meister to the Co...