UniFirst Q2 Results Underperform Peers in Industrial & Environmental Services Sector

UniFirst reported Q2 revenues of $610.8 million, up 1.2% YoY, missing analysts' expectations by 0.6%. CECO Environmental reported revenues of $185.4 million, up 34.8% YoY, beating analysts' expectations by 3.5%. The industrial & environmental services sector has mixed Q2 results, with revenues beating analysts' consensus estimates by 0.8%, and next quarter's revenue guidance 1.3% below. Share prices have held steady, with UniFirst down 8.1% and CECO Environmental up 26.6% since reporting.