Quarterly guidance

Quarterly guidance
No specific quarterly financial guidance figures were provided.

Annual guidance

Revenue
$12.15 billion to $12.27 billion
Adjusted Diluted EPS
$5.45 to $5.54
Net Interest Expense
Approximately $103 million
Effective Tax Rate
20.4%

Outlook

Demand environment
Customer demand remains consistent and steady, driven by the ongoing value proposition of outsourcing image, safety, cleanliness, and compliance needs.
Energy costs
Energy expenses are modeled slightly above fourth quarter levels, and management expects to manage fuel and utility costs through operational efficiencies.
UniFirst acquisition
The company remains optimistic that the acquisition of UniFirst will close by the end of calendar 2026, pending regulatory clearances in the U.S. and Canada.
Capital allocation
Capital expenditures remained within the targeted range at 3.6% of sales, alongside active M&A, a 15.6% dividend increase, and $545 million in share repurchases.