$VSTS

Vestis Corporation CEO James Barber bought 52% more shares, spending $1.0m at an average price of $12.37. This is the largest insider purchase in the last year, with insiders owning 16% of the company. Vestis reported a loss last year, but insider buying suggests confidence in the share price.

Barber James J. (President & CEO) purchased 84,500 shares of Vestis Corp (VSTS) at $12.37 ($1.05M total) on 2026-09-02.

Vestis (NYSE:VSTS) reported $661.7M Q2 revenue, down 1.8% YoY, missing estimates by 1.2% but beating EPS. CECO Environmental (NASDAQ:CECO) grew 53.7% YoY, beating estimates. Driven Brands (NASDAQ:DRVN) rose 6.8% YoY, in line with estimates. Cintas (NASDAQ:CTAS) grew 8.9% YoY, beating estimates. Tetra Tech (NASDAQ:TTEK) fell 3.9% YoY, beating estimates. Sector revenues beat consensus by 1.1%, with shares up 1.8% on average post-earnings.

Vestis (VSTS) reported Q3 2026 revenue of $661.7M, down 1.8% YoY due to a 4.5% volume reduction from exiting low-quality contracts. Net income was $11.0M, up from a $0.7M loss last year. Adjusted EBITDA rose 23% to $80.9M, with margins expanding to 12.2%. Free cash flow guidance was raised to $160M-$170M for the year. The company aims to reduce costs through outsourcing and asset sales.

Driven Brands (NASDAQ:DRVN) reported Q2 revenue of $507.4M, up 6.8% YoY, meeting expectations but missing full-year EPS guidance. Vestis (NYSE:VSTS) reported $661.7M revenue, down 1.8% YoY, missing estimates but beating EPS. Pitney Bowes (NYSE:PBI) reported $451.5M revenue, down 2.3% YoY, beating estimates and meeting full-year guidance. All three stocks declined post-earnings.

Vestis (VSTS) reported Q3 results with adjusted EBITDA up 23% YoY to $81M, and revenue per pound rose for the first time since its public debut, reaching $1.42. The company improved operational metrics and raised full-year free cash flow guidance to $160M-$170M. However, total revenue fell 1.8% YoY, and net debt remains at $1.2B. Management acknowledged uneven market performance and plans to address it with customized strategies.

Vestis (VSTS) Q3 2026 earnings call transcript says revenue per pound rose $0.04 (about 3%) YoY, the first YoY increase since going public. Plant productivity rose 9%, on-time delivery improved 80 bps, and complaints fell 74 bps. Pounds processed fell 4.5% as low-quality volume was exited. Company increased full-year free cash flow guidance.

Vestis Corporation reported Q3 2026 sales of $661.66M, net profit of $11.05M, and positive EPS, reversing a prior-year loss. Despite lower sales, the company reaffirmed its full-year revenue outlook of a 2% decline to flat performance. Vestis aims for $2.8B revenue and $172.6M earnings by 2029, though some analysts expect higher figures.

Vestis Corporation reported Q3 results, with revenue of US$662m and statutory EPS of US$0.08, which the article says was 100% above estimates. Shares were down 2.4% to US$13.52 over the past week. Analysts updated 2027 forecasts to US$2.69b revenue and US$0.53 EPS, and raised the consensus price target 18% to US$12.27.

Vestis (NYSE:VSTS) shares rose about 2% after the company reported fiscal Q3 results. Revenue was $661.7M, down 1.8% and below the $669.5M forecast. EPS was $0.08 versus $0.04 expected, and adjusted EBITDA was $80.9M. The company also issued upbeat full-year free cash flow guidance.