What smart money is saying about UniFirst Corporation
2 funds in our archive have pitched UniFirst Corporation, most recently Third Avenue Management Small-Cap Value Fund in December 2025.
UniFirst Corporation provides workplace uniforms and protective work wear clothing in the United States, Europe, and Canada. The company operates through U.S. and Canadian Rental and Cleaning, Manufacturing, Specialty Garments Rental and Cleaning, and First Aid segments. It designs, manufactures, personalizes, rents, cleans, delivers, and sells a range of uniforms and protective clothing, including shirts, pants, jackets, coveralls, lab coats, smocks, and aprons; and specialized protective wear, such as flame resistant and high visibility garments. The company also rents and sells industrial wiping products, floor mats, facility service products, and dry and wet mops; restroom and cleaning supplies comprising air fresheners, paper products, gloves, masks, sanitizers, and hand soaps; and other textile products. In addition, it provides first aid cabinet services and other safety supplies; decontaminates and cleans work clothes, and other items that is exposed to radioactive materials; and services special cleanroom protective wear and facilities. Further, it offers a range of garment service options, including full-service rental programs in which garments are cleaned and serviced; lease programs in which garments are cleaned and maintained by individual employees; and purchase programs to buy garments and related items directly. The company serves automobile service centers and dealers, delivery services, food and general merchandise retailers, food processors and service operations, light manufacturers, maintenance facilities, restaurants, service companies, soft and durable goods wholesalers, transportation companies, healthcare providers, government agencies, research and development laboratories, high technology companies, and utilities operating nuclear reactors, as well as others who require employee clothing for image, identification, protection, or utility purposes. UniFirst Corporation was founded in 1936 and is headquartered in Wilmington, Massachusetts.
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Fund signal · last 12 months
6 lettersMore funds are selling than buying
Moves described in fund letters in our archive. A sentence published word for word by several funds of one house in the same quarter counts once.
Position history
Between Q4 2024 and Q3 2026, 8 fund letters reported a position in UniFirst Corporation, with 1 buy (opened or added) and 5 sells (trimmed or exited).
| Quarter | Letters | Bought | Sold | Theses |
|---|---|---|---|---|
| Q3 2026 | 4 | 0 | 4 | 0 |
| Q1 2026 | 1 | 0 | 1 | 0 |
| Q4 2025 | 1 | 0 | 0 | 1 |
| Q3 2025 | 1 | 1 | 0 | 1 |
| Q4 2024 | 1 | 0 | 0 | 0 |
Bought and Sold count moves: the same sentence published by several funds of one house in a quarter counts once.
Fund activity · 8 positions · 6 moves
- September 2026
“The Fund also exited its holding of UniFirst Corporation with the company’s takeover by Cintas Corporation still pending completion.”
UniFirst Corporation - September 2026
“● Reduced: UniFirst Corporation (UNF) – Trimmed with shares near the announced Cintas (CTAS) deal price; proceeds funded our VRSK addition.”
UniFirst Corporation - September 2026
“Trades During the Quarter ● Exited: UniFirst Corporation (UNF) – Sold following the announced acquisition by Cintas (CTAS). The stock was trading near the deal price.”
UniFirst Corporation - September 2026
“Trades During the Quarter ● Exited: UniFirst Corporation (UNF) – Sold following the announced acquisition by Cintas (CTAS).”
UniFirst Corporation - March 2026
“After an extremely long and contentious courting period, long- time Fund holding Unifirst finally agreed to be acquired by much larger competitor, Cintas.”
UniFirst Corporation - December 2025
“this brings us to the ongoing case of Fund holding, UniFirst Corporation (“UniFirst”).”
UniFirst Corporation - New positionTimessquare US Small Cap Growth StrategySeptember 2025
“During the quarter we began a position in UniFirst Corporation, which supplies a range of work clothing, uniforms, protective apparel, and facility service products.”
UniFirst Corporation - December 2024
“Another bottom contributor during the quarter was UniFirst Corp. (UNF), the third-largest provider of workplace uniform rentals in North America. In October, UNF’s reported Q4 results were better than expected on strong new account sales and easing merchandise, payroll, and other input costs. However, fiscal 2025 guidance was underwhelming. Although we believed the guidance to be conservative, management anticipates some headwinds from the pricing environment and customer retention in the year ahead. Meanwhile, UNF trades at an attractive valuation relative to competitors and its own history and free cash flow continues to inflect higher. We maintained the position during the quarter.”
UniFirst Corporation
Also mentioned · 1
These funds discuss UniFirst Corporation as a competitor, benchmark or comparable, without disclosing a position in it.
- March 2026
“During the first quarter, Cintas announced the acquisition of UniFirst for $5.5 billion split between cash and stock.”
UniFirst Corporation
Fund coverage · 2 theses
- Third Avenue Management Small-Cap Value FundDecember 2025
UniFirst Corporation is a uniform and laundry services provider whose governance, underperformance, and uncertain turnaround make a premium sale to Cintas superior on present value grounds.
Read the full thesis - Timessquare US Small Cap Growth StrategySeptember 2025
UniFirst Corporation is positioned for improved margins and share price benefits due to recent technological upgrades enhancing operations and customer service.
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