Vestis (VSTS) Company Report

Vestis Corporation reported Q4 2025 normalized revenue of $660 million, a 3.5% year-over-year decrease, and normalized adjusted EBITDA of $65 million with a 9.8% margin.
The company launched a multi-year business transformation plan, expected to be substantially completed by the end of fiscal 2027, aiming for at least $75 million in run-rate operating cost savings by the end of 2026.
For fiscal 2026, Vestis expects revenue to be flat to down 2% compared to normalized fiscal 2025, and adjusted EBITDA to be in the range of $285 million to $315 million.
Management believes Q4 2025 represents the low point for profitability and anticipates steady, measurable progress through 2026 as the transformation plan is executed.

3 days ago

Vestis Reports Q4 and Full Year 2025 Results, Issues FY 2026 Outlook

VSTS

Earnings

Guidance Update

New Projects/Investments

Vestis reported Q4 2025 revenue of $712 million and a net loss of $12.5 million, with Adjusted EBITDA at $65 million. For the full fiscal year 2025, revenue was $2.7 billion and net loss was $40 million, with Adjusted EBITDA of $257 million.
Free Cash Flow for Q4 2025 was $16 million, contributing to a full fiscal year 2025 Free Cash Flow of $5.8 million. The company maintained liquidity of $298 million and a net leverage ratio of 4.72x as of October 3, 2025.
Vestis is initiating a multi-year strategic business transformation that is projected to generate annual cost savings of $75 million by the end of fiscal 2026.
For Fiscal Year 2026, Vestis anticipates revenue to be flat to down 2% versus normalized FY 2025 revenue, Adjusted EBITDA in the range of $285 million to $315 million, and Free Cash Flow in the range of $50 million to $60 million.

3 days ago

Vestis Reports Q4 2025 Results and Outlines FY 2026 Guidance with Transformation Plan

VSTS

Earnings

Guidance Update

New Projects/Investments

Vestis reported Q4 2025 normalized revenue of $660 million, a 3.5% decrease year-over-year, and normalized adjusted EBITDA of $65 million with a 9.8% margin. The company generated $16 million in free cash flow during the quarter.
For fiscal 2026, Vestis projects revenue between flat and down 2% compared to normalized fiscal 2025, with adjusted EBITDA in the range of $285 million to $315 million. Free cash flow is anticipated to be between $50 million and $60 million.
The company launched a multi-year business transformation plan, expected to be substantially completed by the end of fiscal 2027, aiming to generate at least $75 million in run-rate operating cost savings by the end of 2026. This plan addresses past issues such as prioritizing revenue growth without sufficient focus on quality and an unbalanced product mix.
Management stated that Q4 2025 represents the low point for profitability, anticipating steady progress through 2026 as the transformation plan, built on commercial excellence, operational excellence, and asset/network optimization, is executed.

3 days ago

Vestis Corporation Reports Q4 2025 Results and Outlines Multi-Year Transformation Plan

VSTS

Earnings

Guidance Update

New Projects/Investments

Vestis Corporation reported Q4 2025 normalized revenue of $660 million, a 3.5% year-over-year decrease, and normalized adjusted EBITDA of $65 million.
The company initiated a multi-year business transformation plan, aiming for substantial completion by the end of fiscal 2027, centered on commercial excellence, operational excellence, and asset/network optimization.
This plan is expected to yield at least $75 million in run-rate operating cost savings by the end of 2026, with execution costs projected at $25 million to $30 million.
For fiscal 2026, Vestis anticipates revenue to be flat to down 2% compared to normalized fiscal 2025, and adjusted EBITDA in the range of $285 million to $315 million.
The company also guided for fiscal 2026 free cash flow between $50 million and $60 million.

3 days ago

Earnings Transcripts

Quarterly earnings call transcripts for Vestis.

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