Vestis Corp. (NYSE:VSTS) in an interesting recent spinoff I came across when I was looking for significant insider buying near 52-week low prices. I think the company has potential as it is an ...

ROSWELL, Ga. (AP) — ROSWELL, Ga. (AP) — Vestis Corp. (VSTS) on Tuesday reported a loss of $27.8 million in its fiscal second quarter. The Roswell… ...

Summary. Vestis Corporation, the uniform and workplace business spun off from Aramark, is facing pressure on its 2024 results and has seen a significant sell-off in shares.

Apparently, Vestis had been very aggressive on pricing in pursuit of its analyst day goals, leading to a Q4 '23 customer retention decline from the low nineties to 85.8%.

Georgia-based Vestis has a market capitalization of about $2 billion. ... Paris-based Elis confirmed it has made an acquisition approach for Georgia-based Vestis. Photo: Spencer Platt/Getty Images.

Aramark completes spinoff of Vestis, a $2.7B workplace supplies & uniform business with potential for 5-7% growth. Click here to read my review of ARMK and VSTS.

ROSWELL, Ga. (AP) — ROSWELL, Ga. (AP) — Vestis Corp. (VSTS) on Wednesday reported fiscal first-quarter net income of $12.3 million. The Roswell… ...

Apparently, Vestis had been very aggressive on pricing in pursuit of its analyst day goals, leading to a Q4 '23 customer retention decline from the low nineties to 85.8%.

Apparently, Vestis had been very aggressive on pricing in pursuit of its analyst day goals, leading to a Q4 '23 customer retention decline from the low nineties to 85.8%.