附件99

投資者關係聯繫人

Shane O’Connor，執行副總裁＆首席財務官

第一聯合 公司

978-658-8888

shane_oconnor@unifirst.com

第一聯合宣佈2024財年第四季度和整個財政年度的財務業績

2024年10月23日，馬薩諸塞州威明頓 - 第一聯合公司（紐交所股票代碼：UNF）(以下簡稱「公司」、「第一聯合」或「我們」) 今天發佈了截至2024年8月31日的第四季度和全年業績報告，與上一個財政年度相比。第四季度和全年較上一年多出一週。

2024 年第四季度財務摘要

2024年和2023年第四季度的公司財務業績分別包括約180萬美元和610萬美元的成本，這些成本直接歸因於客戶關係管理（「CRM」）計算機-半導體和企業資源規劃（「ERP」）項目。該公司將CRM和ERP項目統稱爲其「關鍵舉措」，並未將這些金額排除在其調整後的EBITDA指標之外。這些項目對2024年和2023年第四季度的影響相結合，導致減少：

Kevin m. Martin

公司在2024和2023財政年度的財務業績中，分別包括直接歸因於其重點項目的費用分別爲1180萬美元和3360萬美元。此外，公司在2023財政年度全年承擔了與收購Clean Uniform相關的費用，約爲300萬美元。這些項目對2024和2023財政年度的整體影響導致成本下降：

第一聯合總裁兼首席執行官Steven Sintros表示：「我很高興地宣佈，我們以強勁的第四季度收官了這一年。在2024財年，我們作爲一個團隊取得了很多成就，這將有助於在未來加強我們的公司，發展我們的業務，並推進我們的科技和其他組織倡議。我要感謝我們近1.6萬名團隊合作伙伴，他們繼續爲彼此和我們的客戶提供幫助，以實現我們被普遍認可爲行業最佳服務提供商的願景。」 始終爲彼此和我們的客戶提供服務 努力朝着我們被普遍認可爲行業最佳服務提供商的願景前進

2024年第四季度業務分部報告要點

核心洗衣業務

與上文討論的關鍵倡議相關的成本已記錄到核心洗衣業務部門，並分別將2024和2023財年第四季度的核心洗衣業務運營和調整後 EBITDA 邊際降低了 0.3% 和 1.2%。

在財政2024年，該部門的運營和調整後的EBITDA利潤率比較受益於額外的一週，以及商品、工資和其他運營投入成本佔收入的百分比降低。

特色服裝

董事會

財務展望

Sintros先生繼續說道，“對於2025財年，我們預計營收將在24.25億美元和24.45億美元之間，每股全攤薄收益將在6.79美元至7.19美元之間。這一指引包括我們預計將在2025財年支出的約1600萬美元與我們的關鍵計劃直接相關的成本。請注意以下關於我們的指引：

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: