Vestis Reports First Quarter 2025 Results; Reaffirms FY25 Guidance; Announces Chief Financial Officer and Chief Legal Officer Transitions
First Quarter 2025 Results
Delivered Q1 results in-line with expectations and reaffirms fiscal 2025 outlook
Revenue of $684 million, as expected
Operating Income of $30 million increased 2% sequentially versus Q4 2024 and Operating Margin of 4.4% was flat sequentially
Adjusted EBITDA of $81 million, as expected, increased 0.9% sequentially versus Q4 2024 and Adjusted EBITDA margin of 11.9% increased 10 basis points sequentially
Voluntarily prepaid $20 million of term loan debt during the quarter
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 reiterated its
