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3 pts

Opinion on  UniFirst Corp. (UNF)     Sector: Services  >  Industry: Business Services
UniFirst Corp.

Jun 29, 2008 08:00 PM UTC
Foto
Return Risk
-25.96% HIGH
Principal

Analyst Recommendation  

UniFirst Corporation, together with its subsidiaries, provides workplace uniforms and protective work wear clothing in the United States. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons, as well as specialized protective wear comprising flame resistant and high visibility garments. The company also rents industrial wiping products, floor mats, facility service products, restroom supplies, and other non-garment items. In addition, it offers first aid cabinet services and other safety supplies; decontaminates and cleans work clothes that may have been exposed to radioactive materials; and services special clean room protective wear. Further, UniFirst provides a range of garment service options, including full-service rental programs in which garments are cleaned and serviced, lease programs in which garments are cleaned and maintained by individual employees, and purchase programs to buy garments and related items directly. The company’s customers include automobile service centers and dealers, delivery services, food and general merchandise retailers, food processors and service operations, light manufacturers, maintenance facilities, restaurants, service companies, soft and durable goods wholesalers, transportation companies, and others who require employee clothing for image, identification, protection, or utility purposes. As of August 25, 2007, it serviced approximately 200,000 customer locations in the United States, Canada, and Europe from 193 customer service, distribution, and manufacturing facilities. The company was founded in 1936 and is based in Wilmington, Massachusetts.


UNF:  This call was made on 06/29/08 @ $45.52
Rating:   Positive   $45.52 (06/29/08)
Gain/Loss:   -32.91% in 192 days
Target:   $55.00 (+20.83%) in > one year
Allocation:   0.0% of portfolio


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