附件99

投资者关系联系人

Shane O’Connor，执行副总裁＆首席财务官

第一联合 公司

978-658-8888

shane_oconnor@unifirst.com

第一联合宣布2024财年第四季度和整个财政年度的财务业绩

2024年10月23日，马萨诸塞州威明顿 - 第一联合公司（纽交所股票代码：UNF）(以下简称“公司”、“第一联合”或“我们”) 今天发布了截至2024年8月31日的第四季度和全年业绩报告，与上一个财政年度相比。第四季度和全年较上一年多出一周。

2024 年第四季度财务摘要

2024年和2023年第四季度的公司财务业绩分别包括约180万美元和610万美元的成本，这些成本直接归因于客户关系管理（“CRM”）计算机-半导体和企业资源规划（“ERP”）项目。该公司将CRM和ERP项目统称为其“关键举措”，并未将这些金额排除在其调整后的EBITDA指标之外。这些项目对2024年和2023年第四季度的影响相结合，导致减少：

Kevin m. Martin

公司在2024和2023财政年度的财务业绩中，分别包括直接归因于其重点项目的费用分别为1180万美元和3360万美元。此外，公司在2023财政年度全年承担了与收购Clean Uniform相关的费用，约为300万美元。这些项目对2024和2023财政年度的整体影响导致成本下降：

第一联合总裁兼首席执行官Steven Sintros表示：“我很高兴地宣布，我们以强劲的第四季度收官了这一年。在2024财年，我们作为一个团队取得了很多成就，这将有助于在未来加强我们的公司，发展我们的业务，并推进我们的科技和其他组织倡议。我要感谢我们近1.6万名团队合作伙伴，他们继续为彼此和我们的客户提供帮助，以实现我们被普遍认可为行业最佳服务提供商的愿景。” 始终为彼此和我们的客户提供服务 努力朝着我们被普遍认可为行业最佳服务提供商的愿景前进

2024年第四季度业务分部报告要点

核心洗衣业务

与上文讨论的关键倡议相关的成本已记录到核心洗衣业务部门，并分别将2024和2023财年第四季度的核心洗衣业务运营和调整后 EBITDA 边际降低了 0.3% 和 1.2%。

在财政2024年，该部门的运营和调整后的EBITDA利润率比较受益于额外的一周，以及商品、工资和其他运营投入成本占收入的百分比降低。

特色服装

董事会

财务展望

Sintros先生继续说道，“对于2025财年，我们预计营收将在24.25亿美元和24.45亿美元之间，每股全摊薄收益将在6.79美元至7.19美元之间。这一指引包括我们预计将在2025财年支出的约1600万美元与我们的关键计划直接相关的成本。请注意以下关于我们的指引：

Conference Call Information

UniFirst Corporation will hold a conference call today at 9:00 a.m. (ET) to discuss its quarterly and full year financial results, business highlights and outlook. A simultaneous live webcast of the call will be available over the Internet and can be accessed at www.unifirst.com.

About UniFirst Corporation

Headquartered in Wilmington, Mass., UniFirst Corporation (NYSE: UNF) is a North American leader in the supply and servicing of uniform and workwear programs, facility service products, as well as first aid and safety supplies and services. Together with its subsidiaries, the Company also manages specialized garment programs for the cleanroom and nuclear industries. In addition to partnering with leading brands, UniFirst manufactures its own branded workwear, protective clothing, and floorcare products at its five company-owned ISO-9001-certified manufacturing facilities. With more than 270 service locations, over 300,000 customer locations, and 16,000-plus employee Team Partners, the Company outfits more than 2 million workers every day. For more information, contact UniFirst at 888.296.2740 or visit UniFirst.com.

Forward-Looking Statements Disclosure

This public announcement contains forward-looking statements within the meaning of the federal securities laws that reflect the Company’s current views with respect to future events and financial performance, including projected revenues, operating margin and earnings per share. Forward-looking statements contained in this public announcement are subject to the safe harbor created by the Private Securities Litigation Reform Act of 1995 and may be identified by words such as “guidance,” “outlook,” “estimates,” “anticipates,” “projects,” “plans,” “expects,” “intends,” “believes,” “seeks,” “could,” “should,” “may,” “will,” “strategy,” “objective,” “assume,” “strive,” “design,” “assumption,” “vision” or the negative versions thereof, and similar expressions and by the context in which they are used. Such forward-looking statements are based upon our current expectations and speak only as of the date made. Such statements are highly dependent upon a variety of risks, uncertainties and other important factors that could cause actual results to differ materially from those reflected in such forward-looking statements. Such factors include, but are not limited to, uncertainties caused by an economic recession or other adverse economic conditions, including, without limitation, as a result of elevated inflation or interest rates or extraordinary events or circumstances such as geopolitical conflicts like the conflict between Russia and Ukraine and disruption in the Middle East or the COVID-19 pandemic, and their impact on our customers’ businesses and workforce levels, disruptions of our business and operations, including limitations on, or closures of, our facilities, or the business and operations of our customers or suppliers in connection with extraordinary events or circumstances such as the COVID-19 pandemic, uncertainties regarding our ability to consummate acquisitions and successfully integrate acquired businesses, and the performance of such businesses, uncertainties regarding any existing or newly-discovered expenses and liabilities related to environmental compliance and remediation, any adverse outcome of pending or future contingencies or claims, our ability to compete successfully without any significant degradation in our margin rates, seasonal and quarterly fluctuations in business levels, our ability to preserve positive labor relationships and avoid becoming the target of corporate labor unionization campaigns that could disrupt our business, the effect of currency fluctuations on our results of operations and financial condition, our dependence on third parties to supply us with raw materials, which such supply could be severely disrupted as a result of extraordinary events or circumstances such as the conflict between Russia and Ukraine, any loss of key management or other personnel, increased costs as a result of any changes in federal, state, international or other laws, rules and regulations or governmental interpretation of such laws, rules and regulations, uncertainties regarding, or adverse impacts from continued high price levels of natural gas, electricity, fuel and labor or increases in such costs, the negative effect on our business from sharply depressed oil and natural gas prices, the continuing increase in domestic healthcare costs, increased workers’ compensation claim costs, increased healthcare claim costs, our ability to retain and grow our customer base, demand and prices for our products and services, fluctuations in our Specialty Garments business, political or other instability, supply chain disruption or infection among our employees in Mexico and Nicaragua where our principal garment manufacturing plants are located, our ability to properly and efficiently design, construct, implement and operate a new customer relationship management computer system, interruptions or failures of our information technology systems, including as a result of cyber-attacks, additional professional and internal costs necessary for compliance with any changes in or additional Securities and Exchange Commission (the “SEC”), New York Stock Exchange and accounting or other rules, including, without limitation, recent rules adopted by the SEC regarding climate-related and cybersecurity-related disclosures, strikes and unemployment levels, our efforts to evaluate and potentially reduce internal costs, the impact of foreign trade policies and tariffs or other impositions on imported goods on our business, results of operations and financial condition, our ability to successfully implement our business strategies and processes, including our capital allocation strategies, our ability to successfully remediate the material weakness in internal control over financial reporting disclosed in our Annual Report on Form 10-K for the year ended August 26, 2023 and the other factors described under Part I, Item 1A. “Risk Factors” and elsewhere in our Annual Report on Form 10-K for the year ended August 26, 2023,

Part II, Item 1A. “Risk Factors” and elsewhere in our subsequent Quarterly Reports on Form 10-Q and in our other filings with the SEC. We undertake no obligation to update any forward-looking statements to reflect events or circumstances arising after the date on which they are made.

Consolidated Statements of Income

(Unaudited)

Condensed Consolidated Balance Sheets

(Unaudited)

Detail of Operating Results

(Unaudited)

Consolidated Statements of Cash Flows

(Unaudited)

Reconciliation of GAAP to Non-GAAP Financial Measures

The Company reports its consolidated financial results in accordance with generally accepted accounting principles (“GAAP”). To supplement the Company’s consolidated financial results in this press release, the Company also presents Adjusted EBITDA and Adjusted EBITDA margin, which are non-GAAP financial measures. The Company defines Adjusted EBITDA as net income before interest, income taxes, depreciation and amortization, further adjusted for share-based compensation expense, acquisition costs, and other items impacting the comparability of the Company’s underlying operating performance between periods. Adjusted EBITDA margin is defined as Adjusted EBITDA for a period divided by revenue for the same period.

The Company believes these non-GAAP financial measures provide useful supplemental information regarding the performance of the Company and its segments to both management and investors. In addition, by excluding certain items, these non-GAAP financial measures enable management and investors to further evaluate the underlying operating performance of the Company. The Company presented EBITDA in recent periods and has presented Adjusted EBITDA in this press release because the Company believes that the further adjustments included in Adjusted EBITDA provide useful supplemental information regarding the underlying operating performance of the Company by adjusting for items that impact the comparability of the Company’s operating and financial performance.

Supplemental reconciliations of the Company’s consolidated net income on a GAAP basis to Adjusted EBITDA and Adjusted EBITDA margin, are presented in the following table. Investors are encouraged to review the reconciliations of the non-GAAP financial measures to their most directly comparable GAAP financial measures, which are provided below. Adjusted EBITDA and Adjusted EBITDA margin should be considered in addition to, and not as substitutes for, or in isolation from, measures prepared in accordance with GAAP.

The Company does not allocate its provision for income taxes to its business segments and as a result, presents it in a separate column in the following tables: