Added to YB: 2025-09-11
Pitch date: 2025-07-16
VSTS [neutral]
Vestis Corporation
+26.67%
current return
Author Info
No bio for this author
Company Info
Vestis Corporation provides uniform rentals and workplace supplies in the United States and Canada. Its products include uniform options, such as shirts, pants, outerwear, gowns, scrubs, high visibility garments, particulate-free garments, and flame-resistant garments, as well as shoes and accessories; and workplace supplies, including managed restroom supply services, first-aid supplies and safety products, floor mats, towels, and linens.
Market Cap
$704.0M
Pitch Price
$6.00
Price Target
N/A
Dividend
N/A
EV/EBITDA
7.46
P/E
-23.21
EV/Sales
0.77
Sector
Commercial Services and Supplies
Category
turnaround
Riverwater Partners Small Cap Strategy Portfolio Holding: Vestis Corporation
VSTS (holding update): Q2 2025 revenue declined sharply, missed profit expectations with surprise net loss from bad-debt charge. Cut dividend, amended credit terms amid financial stress. Lower rental volumes & direct sales from existing customers. Hold small position but may sell if no improvement.
Read full article (1 min)