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UNIFIRST CORP

For the period ended Aug 30, 2025. Filed Oct 29, 2025.

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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Oct 29, 2025

UNF$235.40-3.2%Stored close · as of Nov 6, 2026
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-K

(Mark One)

☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the Fiscal Year Ended August 30,2025

or

☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

For the transition period from _____to _______

Commission file number 001-08504.

UNIFIRST CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

Massachusetts04-2103460
(State or Other Jurisdiction ofIncorporation or Organization)(IRS EmployerIdentification No.)

68 Jonspin Road

Wilmington, Massachusetts 01887

(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code:(978) 658-8888

Securities registered pursuant to Section 12(b) of the Act:

Title of Each ClassTrading SymbolName of Each Exchange on Which Registered
Common Stock, $0.10 par value per shareUNFNew York Stock Exchange

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark whether the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No☐

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes☐ No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☒ No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer”, “accelerated filer”, “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act:

Large accelerated filer☒Accelerated filer☐
Non-accelerated filer☐Smaller Reporting Company☐
Emerging Growth Company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered public accounting firm that prepared or issued its audit report.☒

If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐

Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant's executive officers during the relevant recovery period pursuant to § 240.10D-1(b) ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐ No☒

The number of outstanding shares of the Registrant’s Common Stock and Class B Common Stock as of October 22, 2025 were 14,565,659 and 3,551,265, respectively. The aggregate market value of the voting stock of the Registrant held by non-affiliates as of February 28, 2025 (the last business day of the Registrant’s most recently completed second fiscal quarter), computed by reference to the closing sale price of such shares on such date, was approximately$3,167,000,083.

Documents Incorporated By Reference

The Registrant intends to file a Definitive Proxy Statement pursuant to Regulation 14A promulgated under the Securities Exchange Act of 1934, as amended, for its 2026 Annual Meeting of Shareholders within 120 days of the end of the fiscal year ended August 30, 2025. Portions of such Proxy Statement are incorporated by reference in Part III of this Annual Report on Form 10-K.

UniFirst Corporation

Annual Report on Form 10-K

For the Fiscal Year Ended August 30, 2025

Table of Contents

PART I1
Item 1.Business1
Item 1A.Risk Factors5
Item 1B.Unresolved Staff Comments15
Item 1C.Cybersecurity15
Item 2.Properties16
Item 3.Legal Proceedings16
Item 4.Mine Safety Disclosures16
PART II17
Item 5.Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities17
Item 6.[Reserved]19
Item 7.Management’s Discussion and Analysis of Financial Condition and Results of Operations20
Item 7A.Quantitative and Qualitative Disclosures About Market Risk31
Item 8.Financial Statements and Supplementary Data32
Consolidated Statements of Income for each of the three years in the period ended August 30, 202532
Consolidated Statements of Comprehensive Income for each of the three years in the period ended August 30, 202533
Consolidated Balance Sheets as of August 30, 2025 and August 31, 202434
Consolidated Statements of Shareholders’ Equity for each of the three years in the period ended August 30, 202535
Consolidated Statements of Cash Flows for each of the three years in the period ended August 30, 202536
Notes to Consolidated Financial Statements37
Report of Ernst & Young LLP, Independent Registered Public Accounting Firm63
Item 9.Changes in and Disagreements With Accountants on Accounting and Financial Disclosure65
Item 9A.Controls and Procedures65
Management’s Report on Internal Control Over Financial Reporting66
Report of Ernst & Young LLP, Independent Registered Public Accounting Firm68
Item 9B.Other Information70
Item 9C.Disclosure Regarding Foreign Jurisdictions that Prevent Inspections70
PART III70
Item 10.Directors, Executive Officers and Corporate Governance70
Item 11.Executive Compensation70
Item 12.Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters71
Item 13.Certain Relationships and Related Transactions, and Director Independence71
Item 14.Principal Accountant Fees and Services71
PART IV72
Item 15.Exhibits and Financial Statement Schedules72
ContentsView on SEC.gov

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