Earnings release
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Exhibit 99 Investor Relations Contact Shane O'Connor , Executive Vice President & CFO UniFirst Corporation 978-658-8888 shane_oconnor@unifirst.com UNIFIRST ANNOUNCES FINANCIAL RESULTS FOR THE FOURTH QUARTER AND FULL YEAR OF FISCAL 2026 Wilmington , MA - October 21 , 2026 - UniFirst Corporation ( NYSE : UNF ) ( the " Company , " " UniFirst " or " we " ) today reported results for its fourth quarter and full year ended August 29 , 2026 , as compared to the corresponding periods in the prior fiscal year . Fourth Quarter 2026 Consolidated Financial Results • • • • • Consolidated revenues for the fourth quarter increased 5.0 % to $ 645.0 million , driven primarily by organic growth in the core Uniform & Facility Service Solutions segment . Operating income and Adjusted EBITDA were $ 41.7 million and $ 94.9 million , respectively , compared to $ 49.6 million and $ 88.1 million , respectively , in the fourth quarter of fiscal 2025 . Operating margin was 6.5 % of revenues compared to 8.1 % of revenues in the prior year period . Adjusted EBITDA margin was 14.7 % of revenues compared to 14.3 % of revenues in the prior year period . Net income was $ 34.7 million compared to $ 41.0 million in the prior year period and diluted earnings per share was $ 1.90 compared to $ 2.23 in the prior year period . The quarterly tax rate was 19.8 % compared to 20.2 % in the prior year period . The Company's financial results for the fourth quarter of fiscal 2026 included approximately $ 14.4 million of costs associated with the proposed merger with Cintas Corporation ( “ Cintas ” ) , consisting primarily of legal , advisory and other professional service fees ( " Transaction - related Costs " ) . In addition , the Company's results for the fourth quarter of fiscal 2026 and 2025 included approximately $ 2.8 million and $ 1.4 million , respectively , of costs related to its enterprise resource planning project ( " Key Initiative " ) . In the fourth quarter of fiscal 2026 and 2025 , these costs decreased : • Operating income by $ 17.3 million and $ 1.4 million , respectively . • • Net income by $ 12.9 million and $ 1.1 million , respectively . Adjusted EBITDA by $ 2.8 million and $ 1.4 million , respectively . • Diluted earnings per share by $ 0.71 and $ 0.05 , respectively . Fiscal 2026 Consolidated Financial Results • • Consolidated revenues increased 3.7 % to $ 2.523 billion . Operating income and Adjusted EBITDA were $ 136.0 million and $ 327.1 million , respectively , compared to $ 184.5 million and $ 336.8 million , respectively , in fiscal 2025 . • Operating margin was 5.4 % of revenues compared to 7.6 % of revenues in fiscal 2025 . • Adjusted EBITDA margin was 13.0 % of revenues compared to 13.8 % of revenues in fiscal 2025 . • Net income was $ 109.5 million compared to $ 148.3 million in fiscal 2025 and diluted earnings per share was $ 6.02 compared to $ 7.98 in the prior year period . The Company's financial results for the full year of fiscal 2026 included approximately $ 37.2 million of Transaction - related Costs . The Company's results for the full years of fiscal 2026 and 2025 included approximately $ 13.3 million and $ 6.8 million , respectively , of costs directly attributable to its Key Initiative . The effect of these items on the full years of fiscal 2026 and 2025 combined to decrease : • Operating income by $ 50.5 million and $ 6.8 million , respectively . • Adjusted EBITDA by $ 13.3 million and $ 6.8 million , respectively .