Has Vestis Corporation (VSTS) Outpaced Other Industrial Products Stocks This Year?
Here is how Vestis (VSTS) and Vestas Wind Systems AS (VWDRY) have performed compared to their sector so far this year.
Here is how Vestis (VSTS) and Vestas Wind Systems AS (VWDRY) have performed compared to their sector so far this year.
Vestis (VSTS) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
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.
Did Vestis Corporation Insiders Breach their Fiduciary Duties to Shareholders? PR Newswire NEW YORK, Aug. 12, 2026
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.
Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced its financial results for the fiscal third quarter ended
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.
Dimensional Fund Advisors LP cut its stake in Vestis Corporation (NYSE: VSTS) by 11.8% in the undefined quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,556,133 shares of the company's stock after selling 477,289 shares during the period. Dimensional Fund Advisors
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.
Does Vestis (VSTS) have what it takes to be a top stock pick for momentum investors? Let's find out.
ATLANTA--(BUSINESS WIRE)--Vestis Corporation (NYSE: VSTS), a leading provider of uniforms and workplace supplies, today announced the appointment of Steve Cochran as Executive Vice President, Chief Commercial and Supply Chain Officer, reporting directly to President and Chief Executive Officer Jim Barber. Mr. Cochran brings to Vestis over 30 years of leadership experience across the apparel, uniform, and business services industries, with a core focus on commercial strategy and global operation.
Does Vestis (VSTS) have what it takes to be a top stock pick for momentum investors? Let's find out.
Vestis NYSE: VSTS reported improved profitability and cash generation in its fiscal second quarter of 2026, with management saying its business transformation plan is beginning to translate into better operating leverage. The uniform and workplace supplies company also raised its full-year outlook for adjusted EBITDA and free cash flow while maintaining its revenue forecast.
Vestis (VSTS) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
Vestis Corp (NYSE:VSTS) on Tuesday reported better-than-expected second-quarter financial results.