Unifirst Corporation (UNF)
Gross profit margin
| Aug 31, 2024 | May 25, 2024 | Feb 24, 2024 | Nov 25, 2023 | Aug 26, 2023 | Feb 25, 2023 | Nov 26, 2022 | Aug 27, 2022 | May 28, 2022 | Feb 26, 2022 | Nov 27, 2021 | Aug 28, 2021 | May 29, 2021 | Feb 27, 2021 | Nov 28, 2020 | Aug 29, 2020 | May 30, 2020 | Feb 29, 2020 | Nov 30, 2019 | Aug 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 854,838 | 832,337 | 794,673 | 790,398 | 758,489 | 724,330 | 711,135 | 697,222 | 692,895 | 694,029 | 692,570 | 687,504 | 939,820 | 904,780 | 908,961 | 915,788 | 966,766 | 999,530 | 991,999 | 976,781 |
| Revenue (ttm) | US$ in thousands | 2,434,673 | 2,424,124 | 2,365,112 | 2,318,618 | 2,239,785 | 2,119,703 | 2,061,428 | 2,003,673 | 1,951,889 | 1,904,995 | 1,868,175 | 1,828,779 | 1,791,680 | 1,773,258 | 1,789,406 | 1,809,749 | 1,860,727 | 1,870,168 | 1,842,887 | 1,815,402 |
| Gross profit margin | 35.11% | 34.34% | 33.60% | 34.09% | 33.86% | 34.17% | 34.50% | 34.80% | 35.50% | 36.43% | 37.07% | 37.59% | 52.45% | 51.02% | 50.80% | 50.60% | 51.96% | 53.45% | 53.83% | 53.81% |
August 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $854,838K ÷ $2,434,673K
= 35.11%
The gross profit margin of Unifirst Corporation has shown some fluctuations over the past few quarters, ranging from a low of 33.60% to a high of 37.59%. There seems to be a general trend of variability in the gross profit margin, with the most recent figure standing at 35.11%. This could indicate potential challenges in managing costs and generating revenue efficiently. It is worth noting the significant increase in the gross profit margin in the earlier periods, peaking at 52.45% and 51.02%, which might be attributed to certain favorable factors influencing profitability during those periods. Further analysis would be needed to understand the specific reasons behind the fluctuations and to assess the overall trend in the company's gross profit margin.
Peer comparison
Aug 31, 2024