Vestis Corp
For the period ended Jan 2, 2026. Filed Feb 10, 2026.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jan 2, 2026 · Filed Feb 10, 2026
VSTS$14.37-0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)
| Three months ended | ||
|---|---|---|
| January 2,2026 | December 27,2024 | |
| Cash flows from operating activities: | ||
| Net Income (Loss) | $(6,391) | $832 |
| Adjustments to reconcile Net Income (Loss) to Net cash provided by operating activities: | ||
| Depreciation and amortization | 34,341 | 36,936 |
| Deferred income taxes | 4,170 | (3,279) |
| Share-based compensation expense | 2,343 | 5,180 |
| Asset write-down | 460 | — |
| Loss on sale of equity investment, net | — | 2,150 |
| (Gain) Loss on disposals of property and equipment | (265) | — |
| Amortization of debt issuance costs | 940 | 846 |
| Changes in operating assets and liabilities: | ||
| Receivables, net | 9,815 | (12,321) |
| Inventories, net | 10,105 | (4,992) |
| Rental merchandise in service, net | 1,851 | (1,321) |
| Other current assets | (9,767) | (17,850) |
| Accounts payable | (7,253) | 2,773 |
| Accrued expenses and other current liabilities | 721 | 2,531 |
| Changes in other noncurrent liabilities | (5,709) | (6,708) |
| Changes in other assets | 2,233 | 178 |
| Other operating activities | 93 | (1,175) |
| Net cash provided by operating activities | 37,687 | 3,780 |
| Cash flows from investing activities: | ||
| Purchases of property and equipment and other | (9,386) | (14,732) |
| Proceeds from disposals of property and equipment | 265 | 344 |
| Proceeds from sale of equity investment | — | 36,792 |
| Other investing activities | — | (4,550) |
| Net cash (used in) provided by investing activities | (9,121) | 17,854 |
| Cash flows from financing activities: | ||
| Proceeds from long-term borrowings | 48,000 | — |
| Payments of long-term borrowings | (55,000) | (20,000) |
| Payments of financing lease obligations | (9,186) | (8,303) |
| Dividend payments | — | (4,601) |
| Other financing activities | (342) | (1,706) |
| Net cash used in financing activities | (16,528) | (34,610) |
| Effect of foreign exchange rates on cash and cash equivalents | (239) | 530 |
| Increase (decrease) in cash and cash equivalents | 11,799 | (12,446) |
| Cash and cash equivalents, beginning of period | 29,748 | 31,010 |
| Cash and cash equivalents, end of period | $41,547 | $18,564 |
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