VSTS

Here is how Vestis (VSTS) and Vestas Wind Systems AS (VWDRY) have performed compared to their sector so far this year.

I reiterate a 'Hold' rating on Vestis due to ongoing revenue weakness and uncertainty around the new business model's execution. Q3 showed improved margins and EBITDA, driven by exiting lower-quality volume and focusing on higher-value route-servicing contracts. Transformation initiatives have delivered ~$30M of ~$50M targeted FY2026 savings, enhancing plant productivity, service quality, and cost structure.

Vestis (VSTS) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

Vestis Corporation (VSTS) Q3 2026 Earnings Call Transcript

Vestis NYSE: VSTS reported fiscal third-quarter results that showed improved profitability and cash generation as the company continued its transformation program, even as revenue declined due to intentional exits from lower-margin business.

Vestis (VSTS) came out with quarterly earnings of $0.18 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to earnings of $0.05 per share a year ago.

ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its financial results for the fiscal third quarter ended July 3, 2026. Third Quarter 2026 Highlights (All comparisons versus the prior-year period) Revenue of $661.7 million Net Income of $11.0 million or $0.08 per diluted share and Adjusted Net Income* of $24.2 million or $0.18 per diluted share Adjusted EBITDA* of $80.9 million Net Income as a percentage of revenue.

Shareholders are encouraged to contact the firm to discuss their rights and options at no cost or obligation. We would handle any matter on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses.

ATLANTA--(BUSINESS WIRE)--Vestis (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced that it will issue its fiscal third quarter 2026 results before the market opens on Tuesday, August 11, 2026. A conference call will be held that same morning at 8:30 a.m. ET to review the Company's financial results and conduct a question-and-answer session. A webcast of the conference call and accompanying presentation materials will be available in the Investor Relations sect.