Vestis Shares Jump as First-Quarter Results Beat Estimates, EBITDA Outlook Tops Consensus

Vestis Corp. (NYSE: VSTS) shares rose 30.4% in morning trading on May 15, 2026, after the uniform rental provider reported first-quarter fiscal 2026 results above Wall Street expectations and issued stronger-than-expected full-year EBITDA guidance. Revenue was $659.4 million, above analyst estimates and roughly flat from a year earlier. GAAP earnings were $0.02 per share, in line with forecasts and improved from a loss of $0.21 per share in the prior-year quarter. Adjusted EBITDA was $74.5 million, also ahead of expectations. The company projected full-year adjusted EBITDA with a midpoint of $310 million, above consensus of $299.6 million. Free cash flow improved to $45.6 million from negative $6.9 million a year earlier. Vestis shares are up 84.4% year to date and traded at $12.14, a new 52-week high.