Vestis Corp
For the period ended Mar 29, 2024. Filed May 8, 2024.
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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.
Mar 29, 2024 · Filed May 8, 2024
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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Consolidated and Combined Statements of Income
CONSOLIDATED AND COMBINED STATEMENTS OF INCOME (UNAUDITED)
(in thousands, except per share amounts)
| Three months ended | Six months ended | |||
|---|---|---|---|---|
| March 29,2024 | March 31,2023 | March 29,2024 | March 31,2023 | |
| Revenue | $705,368 | $699,305 | $1,423,291 | $1,400,002 |
| Operating Expenses: | ||||
| Cost of services provided (exclusive of depreciation and amortization) | 504,417 | 499,462 | 1,006,797 | 995,576 |
| Depreciation and amortization | 35,213 | 33,621 | 70,575 | 67,507 |
| Selling, general and administrative expenses | 122,684 | 116,828 | 255,264 | 243,151 |
| Total Operating Expenses | 662,314 | 649,911 | 1,332,636 | 1,306,234 |
| Operating Income | 43,054 | 49,394 | 90,655 | 93,768 |
| Interest Expense and Other, net | (34,713) | 161 | (65,488) | 351 |
| Income Before Income Taxes | 8,341 | 49,555 | 25,167 | 94,119 |
| Provision for Income Taxes | 2,376 | 12,700 | 6,934 | 23,796 |
| Net Income | $5,965 | $36,855 | $18,233 | $70,323 |
| Earnings per share: | ||||
| Basic | $0.05 | $0.28 | $0.14 | $0.54 |
| Diluted | $0.05 | $0.28 | $0.14 | $0.54 |
| Weighted Average Shares Outstanding: | ||||
| Basic | 131,524 | 130,725 | 131,457 | 130,725 |
| Diluted | 131,893 | 130,725 | 131,788 | 130,725 |
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