VSTS

In the past six months, Vestis Corp. (VSTS) stock price increased by 139% to $16.14 per share as of August 2026. In May 2025, the stock price dropped by approximately 37.54% following the announcement of disappointing Q2 fiscal 2025 financial results, withdrawal of full-year guidance, and poor Q3 guidance, attributed to lost business and lower customer additions; this led to a class-action lawsuit alleging misleading statements. In December 2025, S&P Global Ratings downgraded Vestis Corp.'s issuer credit rating to 'B' from 'B+' due to persisting operating challenges, elevated customer attrition, and weaker-than-expected fiscal 2026 guidance, expecting sustained elevated leverage. In May 2026, Vestis reported fiscal Q2 2026 results with revenue of $659.4 million and a net income of $2.6 million, increasing its outlook for full-year 2026 Adjusted EBITDA and Free Cash Flow. In August 2026, fiscal Q3 2026 results showed revenue of $661.7 million (a slight year-over-year decline) and a return to profit with a net income of $11.0 million and basic EPS of $0.08, also increasing its full-year 2026 Free Cash Flow outlook.