UNIFIRST CORP Segments Disclosure
15. Segment Reporting
Operating segments are identified as components of an enterprise for which separate discrete financial information is available for evaluation by the chief operating decision-maker, or decision-making group, in making decisions on how to allocate resources and assess performance.
Prior to May 31, 2025, the Company organized its business into six operating segments: U.S. Rental and Cleaning, Canadian Rental and Cleaning, Manufacturing (“MFG”), Specialty Garments Rental and Cleaning (“Specialty Garments”), First Aid and Corporate. The U.S. Rental and Cleaning and Canadian Rental and Cleaning operating segments were previously combined to form the U.S. and Canadian Rental and Cleaning reporting segment, and as a result, the Company had five reporting segments. The Company previously referred to its U.S. and Canadian Rental and Cleaning, MFG, and Corporate segments combined as its “Core Laundry Operations.”
Beginning with the fourth quarter of 2025, the Company reorganized its business into three reportable operating segments:
Uniform & Facility Service Solutions: This reporting segment consolidates the former U.S. and Canadian Rental and Cleaning, MFG and Corporate segments and includes our cleanroom solutions, which was previously part of the Specialty Garments reporting segment. The Uniform & Facility Service Solutions reporting segment designs, manufactures, purchases, rents, cleans, delivers and sells, uniforms and protective clothing and non-garment items in the U.S. and Canada. The segment, through our cleanroom solutions, also purchases, rents, cleans, delivers and sells specialty garments and non-garment items primarily for cleanroom applications and provides cleanroom cleaning at limited customer locations. Additionally, Uniform & Facility Service Solutions consists of our distribution center, sales and marketing, information systems, engineering, materials management, manufacturing planning, finance, budgeting, human resources, other general and administrative costs and interest expense.
First Aid & Safety Solutions: We renamed our First Aid reporting segment as the First Aid & Safety Solutions reporting segment to better reflect the scope of services and products offered. The First Aid & Safety Solutions reporting segment sells first aid cabinet services, non-prescription medicines and safety supplies, and provides certain safety training.
Other: This reporting segment currently consists of our nuclear solutions, which was previously part of the Specialty Garments reporting segment with our cleanroom solutions. The segment purchases, rents, cleans, delivers and sells, specialty garments and non-garment items primarily for nuclear applications.
The Company’s chief operating decision maker (the “CODM”) is the . The modifications to the Company’s reporting segments reflect how the CODM assesses performance and allocates resources. The CODM uses segment revenues and segment operating income to assess performance and allocate resources. The Company has recast prior certain period segment results to conform with the current presentation. Asset information is not utilized by the CODM for purposes of assessing performance or allocating resources, and therefore such information has not been presented.
The following table includes our financial results by reportable segment for the periods indicated (in thousands):
As of and for |
|
Uniform & Facility Service Solutions |
|
|
First Aid & Safety Solutions |
|
|
Other |
|
|
Total |
|
||||
Revenues |
|
$ |
2,218,562 |
|
|
$ |
114,586 |
|
|
$ |
99,204 |
|
|
$ |
2,432,352 |
|
Cost of revenues |
|
|
1,403,133 |
|
|
|
75,027 |
|
|
|
64,240 |
|
|
|
1,542,400 |
|
Selling and administrative expenses |
|
|
513,507 |
|
|
|
34,891 |
|
|
|
16,701 |
|
|
|
565,099 |
|
Depreciation and amortization |
|
|
133,420 |
|
|
|
3,815 |
|
|
|
3,120 |
|
|
|
140,355 |
|
Operating Income |
|
$ |
168,502 |
|
|
$ |
853 |
|
|
$ |
15,143 |
|
|
$ |
184,498 |
|
Capital expenditures |
|
$ |
147,265 |
|
|
$ |
5,035 |
|
|
$ |
2,045 |
|
|
$ |
154,345 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
As of and for |
|
Uniform & Facility Service Solutions |
|
|
First Aid & Safety Solutions |
|
|
Other |
|
|
Total |
|
||||
Revenues |
|
$ |
2,224,030 |
|
|
$ |
106,271 |
|
|
$ |
97,130 |
|
|
$ |
2,427,431 |
|
Cost of revenues |
|
|
1,444,437 |
|
|
|
73,281 |
|
|
|
62,117 |
|
|
|
1,579,835 |
|
Selling and administrative expenses |
|
|
475,735 |
|
|
|
31,379 |
|
|
|
15,472 |
|
|
|
522,586 |
|
Depreciation and amortization |
|
|
134,831 |
|
|
|
3,443 |
|
|
|
3,158 |
|
|
|
141,432 |
|
Operating Income |
|
$ |
169,027 |
|
|
$ |
(1,832 |
) |
|
$ |
16,383 |
|
|
$ |
183,578 |
|
Capital expenditures |
|
$ |
153,480 |
|
|
$ |
3,169 |
|
|
$ |
3,768 |
|
|
$ |
160,417 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
||||
As of and for |
|
Uniform & Facility Service Solutions |
|
|
First Aid & Safety Solutions |
|
|
Other |
|
|
Total |
|
||||
Revenues |
|
$ |
2,041,180 |
|
|
$ |
94,824 |
|
|
$ |
97,043 |
|
|
$ |
2,233,047 |
|
Cost of revenues |
|
|
1,352,985 |
|
|
|
67,486 |
|
|
|
60,825 |
|
|
|
1,481,296 |
|
Selling and administrative expenses |
|
|
453,077 |
|
|
|
26,953 |
|
|
|
16,885 |
|
|
|
496,915 |
|
Depreciation and amortization |
|
|
115,054 |
|
|
|
2,936 |
|
|
|
3,243 |
|
|
|
121,233 |
|
Operating Income |
|
$ |
120,064 |
|
|
$ |
(2,551 |
) |
|
$ |
16,090 |
|
|
$ |
133,603 |
|
Capital expenditures |
|
$ |
166,022 |
|
|
$ |
4,037 |
|
|
$ |
1,932 |
|
|
$ |
171,991 |
|
The Company’s long-lived assets as of August 30, 2025 and August 31, 2024 and revenues and income before income taxes for fiscal 2025, 2024 and 2023 were attributed to the following countries (in thousands):
Long-lived assets as of: |
|
August 30, |
|
|
August 31, |
|
|
||
U.S. |
|
$ |
1,763,658 |
|
|
$ |
1,696,273 |
|
|
Europe, Canada, Mexico and Nicaragua (1) |
|
|
89,894 |
|
|
|
84,463 |
|
|
Total |
|
$ |
1,853,552 |
|
|
$ |
1,780,736 |
|
|
Revenues for fiscal years: |
|
2025 |
|
|
2024 |
|
|
2023 |
|
|||
U.S. |
|
$ |
2,245,894 |
|
|
$ |
2,237,295 |
|
|
$ |
2,054,601 |
|
Europe and Canada (1) |
|
|
186,458 |
|
|
|
190,136 |
|
|
|
178,446 |
|
Total |
|
$ |
2,432,352 |
|
|
$ |
2,427,431 |
|
|
$ |
2,233,047 |
|
Income before income taxes for fiscal years: |
|
2025 |
|
|
2024 |
|
|
2023 |
|
|||
U.S. |
|
$ |
177,041 |
|
|
$ |
178,895 |
|
|
$ |
129,997 |
|
Europe, Canada, Mexico and Nicaragua (1) |
|
|
18,334 |
|
|
|
10,484 |
|
|
|
8,840 |
|
Total |
|
$ |
195,375 |
|
|
$ |
189,379 |
|
|
$ |
138,837 |
|
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Oct 29, 2025 | Showing above |
| 2024 | Nov 14, 2024 | |
| 2023 | Oct 26, 2023 | |
| 2022 | Oct 26, 2022 | |
| 2021 | Oct 27, 2021 | |
About Segments Disclosures
Segment disclosures break a company into its reportable operating units, revealing revenue, profit, and asset allocation that consolidated financial statements obscure. Under ASC 280, segments must match how the chief operating decision maker views the business, providing a window into internal management structure and resource allocation priorities.
Key signals: compare segment margins to identify which units drive profitability and which destroy value. Watch for changes in the number of reportable segments — segment aggregation or disaggregation often coincides with strategic shifts or attempts to obscure declining performance. Intersegment elimination patterns reveal internal pricing practices. The reconciliation between segment totals and consolidated figures exposes corporate overhead allocation and unallocated items. Geographic revenue concentration highlights regulatory and currency exposure. Compare segment-level capital expenditure against segment revenue to assess where management is investing for future growth versus harvesting existing assets.