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.
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.
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.
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.
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.
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.
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: Click Here or contact Joseph E. Levi, Esq.
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").
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: Click Here or contact Joseph E. Levi, Esq.
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: Click Here or contact Joseph E. Levi, Esq.
Levi & Korsinsky Reminds Vestis Corporation 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: Click Here or contact Joseph E. Levi, Esq.
Vestis Corporation Investors: July 16, 2024 Filing Deadline in Securities Class Action – Contact Lieff Cabraser
SAN FRANCISCO, CA / ACCESSWIRE / July 15, 2024 / National plaintiffs law firm Lieff Cabraser Heimann & Bernstein, LLP encourages investors in Vestis Corporation ("Vestis" or the "Company") (NYSE:VSTS) who suffered losses from purchasing Vestis common stock between October 2, 2023 and May 1, 2024, inclusive (the "Class Period"), to contact us immediately regarding a pending securities class action against Vestis. The deadline to apply to be lead plaintiff is July 16, 2024.
