Vestis Corp
For the period ended Oct 3, 2025. Filed Dec 2, 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 Dec 2, 2025
VSTS$14.48+2.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets as of and
CONSOLIDATED BALANCE SHEETS
OCTOBER 3, 2025 AND SEPTEMBER 27, 2024
(in thousands, except share and per share amounts)
| October 3, 2025 | September 27, 2024 | |
|---|---|---|
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $29,748 | $31,010 |
| Receivables (net of allowances: $32,677; $19,804, respectively) | 162,295 | 177,271 |
| Inventories, net | 179,020 | 164,913 |
| Rental merchandise in service, net | 405,625 | 396,094 |
| Other current assets | 73,343 | 43,981 |
| Total current assets | 850,031 | 813,269 |
| Property and Equipment, at cost: | ||
| Land, buildings and improvements | 565,677 | 590,972 |
| Equipment | 1,172,877 | 1,168,142 |
| 1,738,554 | 1,759,114 | |
| Less - Accumulated depreciation | (1,075,092) | (1,088,256) |
| Total property and equipment, net | 663,462 | 670,858 |
| Goodwill | 961,732 | 963,844 |
| Other Intangible Assets, net | 188,837 | 212,773 |
| Operating Lease Right-of-use Assets | 85,108 | 73,530 |
| Other Assets | 157,730 | 198,113 |
| Total Assets | $2,906,900 | $2,932,387 |
| LIABILITIES AND EQUITY | ||
| Current Liabilities: | ||
| Current maturities of financing lease obligations | $35,234 | $31,347 |
| Current operating lease liabilities | 20,189 | 19,886 |
| Accounts payable | 158,362 | 163,054 |
| Accrued payroll and related expenses | 93,897 | 96,768 |
| Accrued expenses and other current liabilities | 101,282 | 145,047 |
| Total current liabilities | 408,964 | 456,102 |
| Long-Term Borrowings | 1,155,143 | 1,147,733 |
| Noncurrent Financing Lease Obligations | 131,071 | 115,325 |
| Noncurrent Operating Lease Liabilities | 77,032 | 66,111 |
| Deferred Income Taxes | 177,337 | 191,465 |
| Other Noncurrent Liabilities | 91,709 | 52,600 |
| Total Liabilities | 2,041,256 | 2,029,336 |
| Commitments and Contingencies (see Note 9) | ||
| Equity: | ||
| Common stock, par value $0.01 per share, 350,000,000 shares authorized, 131,859,470 and 131,481,967 shares issued and outstanding as of October 3, 2025 and September 27, 2024, respectively | 1,319 | 1,315 |
| Additional paid-in capital | 937,531 | 928,082 |
| (Accumulated deficit) retained earnings | (46,879) | 2,565 |
| Accumulated other comprehensive loss | (26,327) | (28,911) |
| Total Equity | 865,644 | 903,051 |
| Total Liabilities and Equity | $2,906,900 | $2,932,387 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.