Vestis Corp
For the period ended Sep 27, 2024. Filed Nov 22, 2024.
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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.
FY2024 · Filed Nov 22, 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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Combined Statements of Income for the fiscal years ended
CONSOLIDATED AND COMBINED STATEMENTS OF INCOME
(in thousands, except per share amounts)
| Fiscal Year Ended | |||
|---|---|---|---|
| September 27, 2024 | September 29, 2023 | September 30, 2022 | |
| Revenue | $2,805,820 | $2,825,286 | $2,687,005 |
| Operating Expenses: | |||
| Cost of services provided (exclusive of depreciation and amortization) | 1,989,872 | 1,970,215 | 1,909,676 |
| Depreciation and amortization | 140,781 | 136,504 | 134,352 |
| Selling, general and administrative expenses | 517,216 | 500,658 | 450,734 |
| Total Operating Expenses | 2,647,869 | 2,607,377 | 2,494,762 |
| Operating Income | 157,951 | 217,909 | 192,243 |
| Gain on Sale of Equity Investment, net | — | (51,831) | — |
| Interest Expense, net | 126,563 | 2,109 | 4,548 |
| Other (Income), net | (642) | (2,099) | (2,264) |
| Income Before Income Taxes | 32,030 | 269,730 | 189,959 |
| Provision for Income Taxes | 11,060 | 56,572 | 48,280 |
| Net Income | $20,970 | $213,158 | $141,679 |
| Earnings per share: | |||
|---|---|---|---|
| Basic | $0.16 | $1.63 | $1.08 |
| Diluted | $0.16 | $1.63 | $1.08 |
| Weighted Average Shares Outstanding: | |||
| Basic | 131,506 | 130,725 | 130,725 |
| Diluted | 131,787 | 130,725 | 130,725 |
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