Short answer
Vestis Corp (VSTS) filed an 8-K current report with the SEC on August 11, 2026 reporting Item 2.02 (Results of Operations and Financial Condition), Item EX-99.1 (Exhibit EX-99.2). Vestis reported fiscal-quarter results for the quarter ended July 3, 2026.
Vestis Corp 8-K event analysis
AI summary of each reported item and its exhibits
Item 2.02 · Results of Operations and Financial Condition
- Vestis reported fiscal-quarter results for the quarter ended July 3, 2026
- Full operating results and management commentary furnished in Exhibit 99.1
- Results announcement dated August 11, 2026
Item EX-99.1 · Exhibit EX-99.2
- Q3 revenue fell 1.8% to $661.7M as processed volume declined 4.5%, reflecting intentional shedding of low-profit volume
- Adjusted EBITDA rose 23% to $80.9M, with margin expanding to 12.2% from 9.8% on $27.2M lower adjusted operating expenses
- Free cash flow improved to $47.0M, while adjusted free cash flow reached $55.5M after excluding $8.6M of transformation cash costs
- FY2026 outlook tightened to flat-to-down 2% revenue growth, $310.0M-$315.0M adjusted EBITDA, and $160.0M-$170.0M free cash flow
- Transformation execution remains central, targeting at least $75M annualized cost savings by FY2026-end but requiring $35M-$40M cash costs
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