Can UniFirst Rise Above Doubts After Mixed Q3 Results?

Unifirst Corporation (NYSE:UNF) shares are trading lower on Wednesday.

The company reported third-quarter adjusted earnings per share of $2.17, beating the analyst consensus estimate of $2.09.

Quarterly sales of $610.778 million (+1.2% year over year) missed the Street view of $614.51 million.

Also Read: US Stocks Mixed; UniFirst Shares Fall After Q3 Results

Core Laundry Operations reported a 0.9% year-over-year revenue increase, reaching $533.2 million for the quarter. Organic growth, excluding acquisitions and currency impacts, came ...