Monday, January 9, 2012

Investopedia: UniFirst Shan't Be Last

With the reports of job growth still fairly unimpressive, it would seem logical to think that the providers of uniforms to employers would be in trouble. That's the problem with making assumptions about what constitutes "logic" sometimes - in actual fact, uniform service providers like UniFirst (NYSE:UNF) are still seeing respectable growth in revenue and these shares have been fairly strong on a relative basis.

More Growth to Start the Fiscal Year  
UniFirst reported that revenue rose almost 15% for the fiscal first quarter, stimulated by 17% growth in the small Specialty Garments business and a solid 12% organic growth in the core laundry business. The first aid business was also strong (revenue up more than 22%), but it represents a trivial part of the company's total revenue. (For related reading, see A Look At Corporate Profit Margins.)

Please follow this link:
http://stocks.investopedia.com/stock-analysis/2012/UniFirst-Shant-Be-Last-UNF-CTAS-MAN-RHI0109.aspx

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