$VSTS

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.

Vestis’ Q3 2026 earnings call said revenue per pound rose year over year for the first time since IPO, aided by pricing and segmentation. The company cut volume 4.5% to exit low-quality accounts, improved plant productivity 9%, and shifted to market-specific playbooks. It raised FY2027 free cash flow guidance to $160m-$170m and FY2026 adjusted EBITDA to $310m-$315m, with Q4 $84m-$89m.