| After Plunging -17.18% in 4 Weeks, Here's Why the Trend Might Reverse for Vestis (VSTS) |
Vestis (VSTS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock. |
zacks.com |
2025-02-21 12:35:23 |
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| Down -16.96% in 4 Weeks, Here's Why Vestis (VSTS) Looks Ripe for a Turnaround |
Vestis (VSTS) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock. |
zacks.com |
2025-02-05 12:36:08 |
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| Vestis: I Like The Improvements, But More Needs To Be Shown |
Vestis Corp. shows improvements but still faces challenges; hold rating maintained until positive organic revenue growth and margin expansion are demonstrated. VSTS 1Q25 earnings report: revenue down 4.8% y/y, adj. EBITDA in line with consensus, adj. EPS beat expectations, management reiterates FY25 guidance. Positive signs: improved customer retention, new sales volume growth, national account wins, and effective pricing actions expected to drive momentum in 2H25. |
seekingalpha.com |
2025-02-04 01:05:27 |
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| Vestis Corporation (VSTS) Q1 2025 Earnings Call Transcript |
Vestis Corporation (NYSE:VSTS ) Q1 2025 Results Conference Call January 31, 2025 8:30 AM ET Company Participants Michael Aurelio - IR Kim Scott - President and CEO Rick Dillon - EVP and CFO Conference Call Participants Andrew Wittmann - Robert W. Baird Andrew Steinerman - J.P. |
seekingalpha.com |
2025-01-31 14:21:02 |
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| Vestis (VSTS) Tops Q1 Earnings Estimates |
Vestis (VSTS) came out with quarterly earnings of $0.14 per share, beating the Zacks Consensus Estimate of $0.12 per share. This compares to earnings of $0.22 per share a year ago. |
zacks.com |
2025-01-31 11:10:18 |
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| Vestis Reports First Quarter 2025 Results; Reaffirms FY25 Guidance; Announces Chief Financial Officer and Chief Legal Officer Transitions |
ATLANTA--(BUSINESS WIRE)--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 outlook for fiscal year 2025. Management Commentary “We are pleased with our first quarter results, which were in-line with our expectations,” said Kim Scott, President and CEO. “Our business continues to build momentum. In the second quarter, we expect to hit a significant milestone, with n. |
businesswire.com |
2025-01-31 09:00:00 |
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| Vestis Announces Date for Fiscal First Quarter 2025 Earnings Results |
ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, has announced that it will report its fiscal first quarter 2025 earnings results on January 31, 2025, prior to the market opening. Management will host a webcast to discuss the fiscal first quarter 2025 earnings results at 8:30 AM ET. The webcast can be accessed live through the investor relations section of our web site at www.vestis.com. Additionally, a slide presentation will accompany the c. |
businesswire.com |
2025-01-15 09:30:00 |
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| 3 Stocks That Wall Street Insiders Can't Stop Buying |
Insider activity is hot in names like Vestis NYSE: VSTS, OPKO Health NASDAQ: OPK, and Greif, Inc. NYSE: GEF, and investors should take notice. From board members to CEOs, CFOs, and other corporate officers, insiders are buying these stocks en masse, signaling a higher-than-average conviction in the share price outlook. |
marketbeat.com |
2024-12-30 13:06:19 |
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| Vestis (VSTS) Soars 5.1%: Is Further Upside Left in the Stock? |
Vestis (VSTS) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. |
zacks.com |
2024-12-23 10:37:09 |
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| Exclusive: Uniform maker Vestis fields takeover interest from buyout firms, sources say |
Advent International and Apollo Global Management are among the buyout firms exploring a potential acquisition of uniform supplier Vestis , according to people familiar with the matter. |
reuters.com |
2024-12-10 11:38:28 |
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| Vestis Corp: Waiting For More Signs Of Successful Turnaround |
I maintain a hold rating for Vestis Corp (VSTS) due to the need for more evidence of successful strategy implementation and operating metrics improvement. 4Q24 earnings were disappointing, with a 4.4% y/y revenue decline, high decremental margins, and a sharp drop in adj EPS from $0.57 to $0.11. Positive signs include improved customer retention, new sales volume growth, and strategic initiatives to enhance customer service and capture high-margin incremental volume. |
seekingalpha.com |
2024-11-25 18:06:40 |
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| Vestis Corporation (VSTS) Q4 2024 Earnings Call Transcript |
Vestis Corporation (NYSE:VSTS ) Q4 2024 Earnings Conference Call November 21, 2024 8:30 AM ET Company Participants Michael Aurelio - IR Kimberly T. Scott - President and CEO Ricky T. |
seekingalpha.com |
2024-11-22 11:35:28 |
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| Vestis Reports Fourth Quarter and Fiscal 2024 Results |
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its results for the fourth quarter and fiscal year ended September 27, 2024. The company also provided its outlook for fiscal year 2025. Management Commentary “We ended the year with solid fourth quarter results that were in-line with our expectations for revenue and ahead of our expectations for Adjusted EBITDA,” said Kim Scott, President and CEO. “As we move into 2. |
businesswire.com |
2024-11-21 09:30:00 |
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| Vestis Announces Date for Fiscal Fourth Quarter and Full-Year 2024 Earnings Results |
ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, has announced that it will report its fiscal fourth quarter and full-year 2024 earnings results on November 21, 2024, prior to the market opening. Management will host a webcast to discuss the fiscal 2024 earnings results and fiscal 2025 outlook at 8:30 AM ET. The webcast can be accessed live through the investor relations section of our web site at www.vestis.com. Additionally, a slide present. |
businesswire.com |
2024-11-06 09:30:00 |
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| Vestis to Sell Minority Stake in Japanese Joint Venture |
ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced an agreement to sell its 39% equity stake in Aramark Uniform Services Japan Corporation (“AUSJ”) to majority owner Mitsui & Co., Ltd. for approximately $37 million. The Company will use the proceeds from the transaction toward debt repayment. AUSJ, a uniform rental services provider in Japan, was established in 1988 as a joint venture between a group of companies including V. |
businesswire.com |
2024-09-30 10:30:00 |
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| Vestis Confirms Receipt of Preliminary Inquiry |
ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), today confirmed that it received a preliminary inquiry from Elis SA regarding a potential transaction involving the Company. The Board of Directors takes seriously and evaluates any inquiries regarding the Company and all alternatives available to the Company. There can be no assurance that any transaction or other alternative will result from this inquiry. The Company does not undertake to make any further announcements with respect to this or any. |
businesswire.com |
2024-09-09 12:00:00 |
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| Exclusive: France's Elis has bid for U.S. uniform supplier Vestis, sources say |
French workplace supplies provider Elis SA has approached Vestis , the former uniform rentals business of Aramark , with an acquisition offer, according to people familiar with the matter. |
reuters.com |
2024-09-05 16:10:37 |
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| Vestis Corp.: Tangible Improvements To Organic Growth Need To Be Seen |
Hold rating for Vestis Corp. due to lack of tangible organic growth improvements. VSTS is the second-largest in the US Uniform Services industry, with a simple business model and the majority of revenue from the US. Despite positive developments in customer retention and sales teams, VSTS needs to show consistent organic growth improvement for buy rating. |
seekingalpha.com |
2024-08-21 13:03:28 |
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| Vestis Corporation (VSTS) Q3 2024 Earnings Call Transcript |
Vestis Corporation (NYSE:VSTS ) Q3 2024 Earnings Conference Call August 7, 2024 10:00 AM ET Company Participants Michael Aurelio - IR Kimberly T. Scott – President and CEO Ricky T. |
seekingalpha.com |
2024-08-09 07:34:08 |
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| Vestis Appoints Bill Goetz to the Board of Directors |
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS) (“Vestis” or the “Company”), a leading provider of uniforms and workplace supplies, today announced the appointment of Bill Goetz to the Company's Board of Directors, effective immediately. His appointment increases the size of the Board from nine to ten directors, eight of whom, including Mr. Goetz, are independent. Mr. Goetz most recently served as President and CEO of DYMA Brands, a leading manufacturer to the foodservice industry. Pr. |
businesswire.com |
2024-08-05 13:00:00 |
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| VESTIS ALERT: Bragar Eagel & Squire, P.C. is Investigating Vestis Corporation on Behalf of Long-Term Stockholders and Encourages Investors to Contact the Firm |
NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized shareholder rights law firm, is investigating potential claims against Vestis Corporation (NYSE: VSTS) on behalf of long-term stockholders following a class action complaint that was filed against Vestis on May 17, 2024 with a Class Period from October 2, 2023 to May 1, 2024. Our investigation concerns whether the board of directors of Vestis have breached their fiduciary duties to the company. |
globenewswire.com |
2024-07-18 01:00:00 |
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| VSTS LAWSUIT ALERT: Levi & Korsinsky Notifies Vestis Corporation Investors of a Class Action Lawsuit and Upcoming Deadline |
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Levi & Korsinsky, LLP notifies investors in Vestis Corporation ("Vestis " or the "Company") (NYSE: VSTS) of a class action securities lawsuit. |
globenewswire.com |
2024-07-16 16:41:00 |
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| Investors who lost money on Vestis Corporation(VSTS) should contact Levi & Korsinsky about pending Class Action - VSTS |
NEW YORK, NY / ACCESSWIRE / July 16, 2024 / If you suffered a loss on your Vestis Corporation (NYSE:VSTS) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/vestis-lawsuit-submission-form?prid=90858&wire=1 or contact Joseph E. Levi, Esq. |
accesswire.com |
2024-07-16 09:15:00 |
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| FINAL VSTS DEADLINE: Bronstein, Gewirtz & Grossman LLC Reminds Vestis Corporation Investors to Join the Class Action Lawsuit! |
NEW YORK, NY / ACCESSWIRE / July 16, 2024 / Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Vestis Corporation ("Vestis" or "the Company") (NYSE:VSTS) and certain of its officers. Class Definition: This lawsuit seeks to recover damages against Defendants for alleged violations of the federal securities laws on behalf of all persons and entities that purchased or otherwise acquired Vestis securities between October 2, 2023 and May 1, 2024, inclusive (the "Class Period"). |
accesswire.com |
2024-07-16 09:00:00 |
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| Levi & Korsinsky Notifies Shareholders of Vestis Corporation(VSTS) of a Class Action Lawsuit and an Upcoming Deadline |
NEW YORK, NY / ACCESSWIRE / July 16, 2024 / If you suffered a loss on your Vestis Corporation (NYSE:VSTS) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/vestis-lawsuit-submission-form?prid=90852&wire=1 or contact Joseph E. Levi, Esq. |
accesswire.com |
2024-07-16 08:30:00 |
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| VSTS INVESTOR ALERT: Bronstein, Gewirtz & Grossman LLC Announces that Vestis Corporation Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit! |
NEW YORK, July 16, 2024 (GLOBE NEWSWIRE) -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC, a nationally recognized law firm, notifies investors that a class action lawsuit has been filed against Vestis Corporation (“Vestis” or “the Company”) (NYSE: VSTS) and certain of its officers. |
globenewswire.com |
2024-07-16 08:00:00 |
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| Levi & Korsinsky Reminds Vestis Investors of the Pending Class Action Lawsuit with a Lead Plaintiff Deadline of July 16, 2024 - VSTS |
NEW YORK, NY / ACCESSWIRE / July 15, 2024 / If you suffered a loss on your Vestis Corporation (NYSE:VSTS) investment and want to learn about a potential recovery under the federal securities laws, follow the link below for more information: https://zlk.com/pslra-1/vestis-lawsuit-submission-form?prid=90804&wire=1 or contact Joseph E. Levi, Esq. |
accesswire.com |
2024-07-15 19:30:00 |
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