UniFirst Q4 Sales $639.87M Beat $635.59M Estimate
Portfolio Pulse from Benzinga Newsdesk
UniFirst (NYSE:UNF) reported Q4 sales of $639.87 million, surpassing the analyst estimate of $635.59 million and marking an 11.89% increase from the previous year.
October 23, 2024 | 12:01 pm
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UniFirst's Q4 sales of $639.87 million exceeded expectations, showing strong year-over-year growth of 11.89%. This positive earnings report could boost investor confidence and potentially lead to a short-term increase in stock price.
The company's sales exceeded analyst expectations and showed significant year-over-year growth, which is typically viewed positively by investors. This could lead to increased demand for the stock, driving the price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
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