Anna Wu's questions to Vestis Corp (VSTS) leadership • Q3 2025
Question
Anna Wu, on for George Tong, asked for an assessment of the uniform rental industry's health and competitive landscape, as well as the sales environment in Vestis's end markets. She followed up on the status of previously mentioned strategic advisors and potential transactions.
Answer
President, CEO & Director Jim Barber described the industry's health as 'just fine,' highlighting that 45% of recent growth came from 'non-programmers,' indicating an expanding addressable market. On the follow-up, Barber clarified that the company is now using advisors to help improve the core business—focusing on cost models, pricing tools, and technology—and is currently focused on optimizing the existing business rather than pursuing external transactions.