12:00 PM New York UniFirst first-quarter net declined 21% to $28.2 million but revenues jumped 3.4% from a year ago to $386.1 million.
Tollbooth Index increased 80.40 or 0.7% to 11,220.98.
), the workplace uniforms provider said revenues in the first-quarter ending on November 26 jumped 3.4% from a year ago to $386.1 million.
Net income in the quarter declined 21.4% to $28.2 million or $1.38 per diluted share compared to $35.9 million or $1.78 per share in the same quarter last year.
At this time, we continue to expect revenues in fiscal 2017 between $1.55 billion and $1.57 billion and diluted earnings per share between $4.85 and $5, said president and chief executive officer Ronald D. Croatti.
However, earlier the uniforms provider forecasted diluted earnings per share in the full-year in the range of $5 to $5.15.