After 9,986 shares are withheld for taxes, Vestis Corp (VSTS) COO holds 226,626 shares.
Vestis Corp's EVP & Chief Operating Officer, William J. Seward, had 9,986 shares withheld on October 1, 2026, to cover taxes related to restricted stock unit vesting. The shares were valued at $13.36 each. Following this transaction, Seward directly holds 226,626 shares, with a minor adjustment made to correct a previously reported fractional share amount.
Vestis Appoints Russell Tiejema as Chief Financial Officer and Reiterates Fiscal Full-Year 2026 Financial Outlook
Vestis Corporation announced the appointment of Russell Tiejema as Executive Vice President and Chief Financial Officer, effective September 28, 2026. Tiejema, with over 30 years of experience, will succeed interim CFO Adam K. Bowen. The company also reaffirmed its financial outlook for the full fiscal year 2026.
Form 8K Vestis Corp For: 28 September By Investing.com
This article reports that Vestis Corp filed a Form 8K on September 28, 2026. The content provides the filing date and company name, indicating a significant event that the company is required to disclose to the SEC. No further details about the content of the Form 8K are included.
Form 8K Vestis Corp For: 28 September By Investing.com
This article reports that Vestis Corp (VSTS) filed a Form 8K on September 28, 2026. The article itself is very brief, providing only this basic information and includes various market data and other news headlines.
Vestis Appoints Russell Tiejema Chief Financial Officer
Vestis Corporation (NYSE: VSTS) has appointed Russell Tiejema as its new Executive Vice President and Chief Financial Officer, effective September 28, 2026. Tiejema brings over 30 years of finance experience, previously serving as CFO at US LBM and Masonite International. This appointment follows an interim period and aims to support Vestis's strategic priorities and reaffirmed fiscal year 2026 financial outlook.
Vestis names Russell Tiejema as CFO effective today
Vestis Corporation has appointed Russell Tiejema as its new Executive Vice President and Chief Financial Officer, effective immediately. Tiejema previously held CFO positions at US LBM and Masonite International, bringing extensive financial leadership experience. He succeeds Adam K. Bowen, who served as Interim CFO and will remain with the company through October.
After spending over 20 years at General Motors, Russell Tiejema becomes CFO of uniform supplier Vestis.
Vestis Corporation has appointed Russell Tiejema as its new Executive Vice President and Chief Financial Officer, effective September 28, 2026. Tiejema brings over 30 years of experience, including previous CFO roles at US LBM and Masonite International, and spent more than two decades at General Motors. The company also reiterated its fiscal full-year 2026 financial outlook.
Vestis (VSTS) Rebound Keeps Undervalued Narrative In Focus
Vestis (VSTS) has recently experienced a significant rebound, with its stock trading around $13.65, leading to a reassessment of its valuation. While short-term returns have cooled, the company shows strong year-to-date and one-year performance, contrasting with a tough multi-year stretch. Vestis is considered undervalued by many, with an estimated fair value of $17.00, driven by recurring revenue from workplace hygiene and safety demands, despite facing risks like customer attrition.
James Barber Bought 52% More Shares In Vestis
Vestis Corporation's CEO, President & Director, James Barber, recently bought US$1.0m worth of company stock at an average price of US$12.37, increasing his holding by 52%. This significant purchase, the largest insider buy in the last year, signals strong confidence in Vestis, despite the company having reported a loss last year. Insiders now own 16% of Vestis, valued at approximately US$263m, aligning their interests with shareholders.
Vestis Corp CEO James J. Barber Acquires 84,500 Shares in Open-Market Transaction
James J. Barber, President and CEO of Vestis Corp (NYSE: VSTS), purchased 84,500 shares of the company's common stock on September 2, 2026, at $12.3714 per share in an open-market transaction. This acquisition increased his direct beneficial ownership to 867,222 shares. The transaction was reported in a Form 4 filing with the SEC on September 3, 2026.
Bank of New York Mellon Corp Buys Shares of 645,172 Vestis Corporation $VSTS
Bank of New York Mellon Corp has acquired 645,172 shares of Vestis Corporation (NYSE:VSTS), valued at approximately $9.37 million, representing a 0.49% stake in the company. Despite this institutional interest, analyst sentiment remains cautious, with Vestis holding an average "Reduce" rating and a consensus price target of $12.66. The company recently surpassed EPS expectations, reporting $0.18 against an estimated $0.10, although revenue slightly missed forecasts.
Vestis Corporation $VSTS Shares Sold by Bank of America Corp DE
Bank of America Corp DE reduced its stake in Vestis Corporation (NYSE:VSTS) by 9.0% in Q1 2026, selling 133,509 shares. Despite this, other institutional investors like Corvex Management LP and Vanguard Group Inc. increased their holdings. Analysts have mixed ratings on Vestis, with a consensus "Reduce" and a target price of $12.66, while the company recently beat earnings estimates.
Why Vestis (VSTS) Stock Is Trading Up Today
Vestis (VSTS) stock saw a 2.3% jump after reporting mixed fiscal third-quarter results. While revenue of $661.7 million missed analyst estimates, the company's profit of $0.08 per share significantly beat forecasts, and adjusted EBITDA also surpassed expectations. Investors, however, initially focused on the revenue miss before the shares stabilized, indicating the market views the news as meaningful but not fundamentally altering its perception of the business.
Vestis (VSTS) Upgraded to Buy: What Does It Mean for the Stock?
Vestis (VSTS) has received an upgrade to a Zacks Rank #2 (Buy) due to an upward trend in its earnings estimates. This upgrade suggests a positive outlook for the company's earnings, which could lead to increased buying pressure and a rise in its stock price. The Zacks ranking system, which correlates earnings estimate revisions with near-term stock price movements, indicates that Vestis is now positioned within the top 20% of Zacks-covered stocks.
VSTS Maintained by JP Morgan -- Price Target Raised to $13.00
JP Morgan has maintained an 'Underweight' rating on Vestis Corp (VSTS) but increased its price target from $11.00 to $13.00. Despite the raised target, the stock is considered overvalued by 21.6% according to its GF Value™ of $11.57 compared to its current price of $14.07. The company's GF Score™ of 45/100 reflects moderate investment quality with strengths in profitability and financial strength, but weaknesses in growth and momentum, leading to a cautious outlook for investors.
Vestis (NYSE:VSTS) Price Target Raised to $13.00
JPMorgan Chase & Co. has raised its price target for Vestis (NYSE:VSTS) to $13.00 from $11.00, though it maintains an "underweight" rating on the stock, suggesting a potential downside. Despite the firm's cautious outlook, Vestis recently surpassed its quarterly EPS estimates, reporting $0.18 against an expected $0.10, although revenue of $661.66 million was below analyst projections. Institutional investors hold a significant 97.4% stake in the company.
Vestis (VSTS) Q3 Earnings Surpass Estimates
Vestis (VSTS) reported Q3 earnings of $0.18 per share, exceeding the Zacks Consensus Estimate of $0.11 per share and significantly higher than $0.05 a year ago. Despite missing revenue estimates for the quarter, the company has outperformed the S&P 500 year-to-date with a 108% stock increase. The stock currently holds a Zacks Rank #3 (Hold), indicating it is expected to perform in line with the market.
Stifel Nicolaus Increases Vestis (NYSE:VSTS) Price Target to $14.00
Stifel Nicolaus has raised its price target for Vestis (NYSE:VSTS) from $11.00 to $14.00 but maintained a "hold" rating, suggesting a slight potential downside from the current stock price. Despite beating EPS expectations, Vestis's revenue fell short, contributing to a cautious analyst sentiment with a consensus "Reduce" rating. Institutional investors hold a significant 97.4% of the stock.
Vestis Corp officers probed for possible breach of duties to shareholders
Halper Sadeh LLC is investigating whether officers and directors of Vestis Corporation breached their fiduciary duties to shareholders. The law firm is offering free consultations and operates on a contingent fee basis, encouraging long-term stockholders to act promptly due to potential time limitations. If misconduct is confirmed, this investigation aims to improve corporate governance and enhance shareholder value.
Stifel raises Vestis stock price target to $14 on turnaround progress
Stifel increased its price target for Vestis Corp (NYSE:VSTS) to $14 from $11, maintaining a Hold rating, citing progress in the company's operational turnaround. Despite a significant stock surge, InvestingPro analysis suggests the shares may be overvalued. Key factors for the price target adjustment include improved free cash flow generation, EBITDA growth leading to reduced leverage, and an expected return to profitability this year.
Vestis (NYSE:VSTS) Given New $16.00 Price Target at Robert W. Baird
Robert W. Baird has increased its price target for Vestis (NYSE:VSTS) to $16.00 from $15.00, maintaining a "neutral" rating and implying a 15.68% potential upside. This adjustment comes after Vestis reported adjusted earnings of $0.18 per share, surpassing consensus estimates, despite revenue falling slightly short. The stock currently holds a "Reduce" consensus rating among analysts, with institutional investors owning a significant 97.4% of the shares.
Vestis (NYSE:VSTS) Stock Rating Lowered by Zacks Research
Zacks Research has downgraded Vestis (NYSE:VSTS) from a "strong buy" to a "hold" rating, contributing to an overall analyst consensus of "reduce" with an average price target of $9.50. Despite Vestis beating EPS estimates with $0.18 for the quarter, its revenue of $661.7 million fell short of forecasts, and the company reported a negative net margin of 0.63%. Shares opened at $13.83, near their 12-month high, with institutional investors holding 97.4% of the stock.
Vestis Q3 Earnings Call Highlights
Vestis (NYSE: VSTS) reported its fiscal Q3 results, showing improved profitability and cash generation despite a revenue decline of 1.8% to $662 million, attributed to exiting lower-margin business. Net income reached $11 million, and adjusted EBITDA increased by 26% to $80.9 million, with margins expanding to 12.2%. The company raised its fiscal 2026 free cash flow guidance to $160 million-$170 million and is focusing on transformation initiatives, including outsourcing corporate functions and improving underperforming market centers, to drive future growth.
Form 8K Vestis Corp For: 11 August By Investing.com
This article from Investing.com reports the filing of a Form 8K by Vestis Corp on August 11. It's a concise announcement about the regulatory filing, indicating an important corporate event. The article itself is very brief, primarily serving as a notification.
Vestis Repays $30M of Debt After Generating $47M in Cash Flow
Vestis Corporation (NYSE: VSTS) reported strong fiscal third quarter 2026 results, generating $47.0 million in Free Cash Flow and using $30 million of it to repay debt. The company also increased its full-year 2026 Free Cash Flow outlook by 22% to a range of $160.0 million to $170.0 million, driven by its strategic business transformation plan which has already realized $30 million in-year benefits. Vestis highlighted improvements in plant productivity, on-time delivery, and revenue per pound due to operational and commercial excellence initiatives.
Vestis (NYSE:VSTS) Stock Price Down 5.6% - Time to Sell?
Vestis (NYSE:VSTS) stock dropped 5.6% to $13.09, trading below its 50-day moving average and experiencing lower-than-average trading volume. Despite beating quarterly EPS estimates, the company missed revenue expectations, and analyst sentiment is largely negative with an average "Reduce" rating and a price target well below the current stock price. Institutional investors hold a significant 97.4% of outstanding shares.
Vestis (VSTS) Reports Earnings Tomorrow: What To Expect
Vestis Corporation (VSTS) is set to report its Q2 earnings, with analysts expecting flat year-on-year revenue. The company beat revenue expectations last quarter but had in-line EPS. While the industrial & environmental services sector has shown positive sentiment, Vestis's stock is down over the last month and trades below its average analyst price target.
Earnings call transcript: Vestis misses Q3 2026 estimates as cash flow improves
Vestis (VSTS) reported Q3 2026 earnings and revenue well below analyst estimates, with adjusted EPS at $0.18 against an expected $0.50, and revenue of $661.7 million versus $834.2 million forecast. Despite the misses, the company highlighted improved profitability, cash flow, and pricing, leading to a minimal stock dip. Management also raised its full-year adjusted EBITDA and free cash flow guidance, emphasizing progress in its transformation plan focused on operational efficiency, strategic pricing, and exiting low-margin business.
Earnings call transcript: Vestis misses Q3 2026 estimates as cash flow improves
Vestis Corporation reported mixed fiscal third-quarter 2026 results, missing analyst expectations for adjusted earnings per share ($0.18 vs. $0.50) and revenue ($661.7 million vs. $834.2 million). Despite the misses, the company highlighted improvements in profitability, cash flow, and pricing, leading to a minimal stock dip of 0.36% in premarket trading. Management emphasized progress in its transformation plan, with adjusted EBITDA growth, the first year-over-year increase in revenue per pound since becoming public, and raised full-year free cash flow guidance.
Why is Vestis stock rallying today?
Vestis Corp's stock rallied by 5.5% in pre-market trading despite missing Q3 revenue and earnings estimates. The surge was driven by the company's decision to raise its full-year fiscal 2026 free cash flow guidance to $160 million to $170 million, indicating improved capital efficiency and operational discipline. This positive outlook, coupled with a stable broader market, led to investor confidence in the company's turnaround efforts.
Vestis (VSTS) Q3 Earnings Surpass Estimates
Vestis (VSTS) reported Q3 earnings of $0.18 per share, exceeding the Zacks Consensus Estimate of $0.11 per share and significantly higher than $0.05 a year ago. Despite missing revenue estimates for the quarter with $661.66 million, the company has outperformed the S&P 500, with its shares adding 108% year-to-date. The stock currently holds a Zacks Rank #3 (Hold), indicating expected market-performances in the near future.
Vestis reports Q3 2026: Revenue $661.7M, Adj. EBITDA $80.9M, Free Cash Flow raised to $160–170M
Vestis reported its Q3 fiscal 2026 results, showing revenue of $661.7 million and Adjusted EBITDA of $80.9 million. The company generated $47.0 million in Free Cash Flow and raised its full-year 2026 Free Cash Flow outlook to $160.0–$170.0 million. Management attributed these results to operational improvements, pricing strength, and progress on a multi-year transformation plan.
Vestis (NYSE: VSTS) boosts 2026 free cash flow outlook after Q3 profit jump
Vestis Corporation (NYSE: VSTS) reported strong fiscal third-quarter 2026 results, leading to an increased free cash flow outlook for fiscal year 2026. The company's net income improved to $11.0 million, and Adjusted EBITDA rose to $80.9 million, driven by strategic transformation initiatives, improved pricing, and operational efficiencies. Vestis now anticipates fiscal 2026 Free Cash Flow to be between $160 million and $170 million, up from previous guidance, and projects Adjusted EBITDA of $310-$315 million.
Vestis Corp 3Q FY2026: Revenue $661.7M, EPS $0.08— 10-Q Summary
Vestis Corp reported its third-quarter FY2026 results, showing revenue of $661.7 million and diluted EPS of $0.08. Despite a slight revenue decline, the company improved profitability to $11 million net income, attributed to cost actions and a transformation plan aimed at standardizing operations and optimizing its network for future savings. The company also implemented headcount reductions and saw varied regional performance, with Canada stable and the U.S. experiencing higher segment margins due to cost cuts.
Vestis: Fiscal Q3 Earnings Snapshot
This article provides a fiscal Q3 earnings snapshot for Vestis. No further details are available as the article content was empty except for privacy protection information.
Vestis (NYSE:VSTS) Reports Sales Below Analyst Estimates In Q2 CY2026 Earnings
Vestis (NYSE:VSTS) reported Q2 CY2026 earnings with sales of $661.7 million, missing analyst estimates by 1.2%, though its GAAP EPS of $0.08 significantly beat expectations. The uniform rental provider saw a 1.8% year-on-year revenue decline, and while adjusted EBITDA surpassed estimates, its long-term revenue growth has been sluggish, and EPS has declined over the past two years. Despite a solid quarter with positive EPS, the company's historical performance raises questions about its long-term quality and valuation.
[10-Q] Vestis Corp Quarterly Earnings Report
Vestis Corp (VSTS) has released its Quarterly Earnings Report (Form 10-Q) for the period ended July 3, 2026, showing a significant improvement in net income compared to the previous year. The company reported a net income of $11.0 million for the quarter, up from a net loss of $0.7 million in the prior-year quarter, primarily due to reduced operating expenses and ongoing business transformation efforts. Vestis Corp is focused on strategic initiatives to enhance operational efficiency, improve customer retention, and optimize its asset network, projecting annual operating cost savings of at least $75 million by the end of fiscal 2026.
Vestis faces earnings test after Q2 miss, transformation in focus
Vestis Corp. is scheduled to release its fiscal third-quarter earnings, which will be a crucial test of its turnaround strategy following a significant Q2 miss. Analysts anticipate 50 cents EPS and $834.2 million in revenue, a notable improvement from the previous quarter, but investor skepticism remains high. Key areas of focus for investors include revenue growth, progress on business transformation initiatives, and the company's updated guidance.
Vestis Corporation (VSTS) Stock Forecasts
Argus lowered its target price for Vestis Corporation (VSTS) to $15.00 as of August 5, 2026. Vestis Corp is a provider of uniform rentals and workplace supplies across the United States and Canada. The report offers a summary of the company's services and suggests upgrading for full access to premium research.
Vestis Corp (VSTS) Stock News Today
This article from TradingKey provides current stock information for Vestis Corp (VSTS), including its latest price, market cap, and a note that more news is coming soon. It also lists various sections available on the platform for VSTS, such as News&Analysis, Financials, and Technical Forecast. The article primarily serves as a placeholder for future news updates on the company.
(VSTS) Risk Channels and Responsive Allocation
Vestis Corporation (NASDAQ: VSTS) is showing weak near and mid-term sentiment, despite a strong long-term outlook. AI models have generated three trading strategies—Position Trading, Momentum Breakout, and Risk Hedging—with an exceptional 49.5:1 risk-reward setup targeting a 14.6% gain against 0.3% risk. The analysis indicates potential for growth but advises caution due to current weak sentiment signals.
Public Employees Retirement System of Ohio Sells 194,894 Shares of Vestis Corporation $VSTS
The Public Employees Retirement System of Ohio significantly reduced its stake in Vestis Corporation (NYSE:VSTS) by 94.6% in the first quarter, selling 194,894 shares and retaining 11,231 shares valued at approximately $88,000. Despite Vestis beating EPS and slightly exceeding revenue estimates, analyst sentiment remains cautious with an average "Reduce" rating and a consensus price target well below its current share price. Institutional investors collectively own 97.4% of the company, with some other firms increasing their positions.
Vestis Corporation $VSTS Holdings Lowered by Dimensional Fund Advisors LP
Dimensional Fund Advisors LP significantly reduced its stake in Vestis Corporation (NYSE:VSTS) by 11.8% in the first quarter of 2026, selling 477,289 shares and retaining 3.56 million shares valued at approximately $28.0 million. Despite institutional investors owning 97.4% of the company, analyst sentiment for Vestis remains cautious with an average "Reduce" rating and a consensus price target of $9.50, though some firms have increased their targets and one issued a "Strong Buy." Vestis reported better-than-expected quarterly EPS of $0.16, surpassing estimates of $0.09, and revenue reached $659.4 million.
Bank of New York Mellon Corp Sells 80,271 Shares of Vestis Corporation $VSTS
Bank of New York Mellon Corp reduced its stake in Vestis Corporation (NYSE:VSTS) by 11.4% in the first quarter, selling 80,271 shares and retaining 626,720 shares valued at $4.9 million. Vestis reported strong quarterly earnings of $0.16 EPS against a $0.09 consensus, though revenue declined slightly year-over-year. Analyst ratings for Vestis remain mixed, with a consensus "Reduce" rating and an average price target of $9.50, significantly below the stock's current price of $13.94.
Enterprise value to EBITDA forward of Vestis Corporation – DUS:6TS
This article provides financial data for Vestis Corporation (DUS:6TS) on TradingView, specifically focusing on its Enterprise Value to EBITDA forward metric. The content highlights that the market for Vestis Corporation is currently closed with no trades. It is primarily a data page from TradingView, offering financial and market information for the company.
Lost Money on Vestis Corporation (VSTS)? Contact Levi & Korsinsky to Join Class Action Before August 8, 2025
Levi & Korsinsky LLP has announced a class action lawsuit against Vestis Corporation (NYSE: VSTS) for alleged securities fraud between May 2, 2024, and May 6, 2025. The lawsuit claims Vestis made misleading statements regarding its growth ability and subsequently withdrew its fiscal year 2025 revenue guidance, leading to a significant 37.54% stock price drop on May 7, 2025. Shareholders who suffered losses are encouraged to contact the firm before August 8, 2025, to learn about their rights to recover losses.
Class Action Lawsuit Filed: Vestis Corporation (VSTS) - Join by August 8, 2025 - Contact Levi & Korsinsky
A class action lawsuit has been filed against Vestis Corporation (NYSE: VSTS) seeking to recover losses for shareholders who suffered due to alleged securities fraud between May 2, 2024, and May 6, 2025. The lawsuit claims that Vestis made misleading statements about its ability to grow its business, while concealing material adverse facts. Following the announcement of poor Q2 fiscal 2025 results and withdrawn guidance, Vestis's stock price declined significantly by approximately 37.54% in one day.
Militia Capital Management LLC Takes $618,000 Position in Vestis Corporation $VSTS
Militia Capital Management LLC has acquired a new position of 78,660 shares in Vestis Corporation (NYSE:VSTS), valued at approximately $618,000. This investment comes as other institutional investors have also adjusted their holdings in Vestis, which is currently trading at $14.28 per share and has an average analyst rating of "Reduce" with a $9.50 consensus price target. Despite beating quarterly earnings expectations with $0.16 EPS and $659.44 million in revenue, the company's revenue saw a slight year-over-year decline.
Securities Lawsuit Alert: Vestis Corporation (VSTS) - Contact Levi & Korsinsky Before August 8, 2025
Levi & Korsinsky LLP has announced a securities lawsuit alert for Vestis Corporation (NYSE: VSTS) shareholders who suffered losses between May 2, 2024, and May 6, 2025. The lawsuit alleges that Vestis made misleading statements about its growth capabilities and concealed adverse facts regarding its strategic initiatives. Following an announcement on May 7, 2025, where Vestis withdrew its revenue guidance and its stock price significantly declined, affected investors are encouraged to contact Levi & Korsinsky before August 8, 2025, to learn about potential recovery.
Securities Fraud Class Action Filed Against Vestis Corporation (V
A securities fraud class action lawsuit has been filed against Vestis Corporation (NYSE: VSTS) by Levi & Korsinsky, LLP. The lawsuit alleges that Vestis made false and misleading statements about its ability to grow its business between May 2, 2024, and May 6, 2025, leading to significant shareholder losses. Vestis' stock price dramatically declined by 37.54% on May 7, 2025, after the company announced disappointing Q2 2025 financial results and withdrew its full-year revenue guidance.
