Vestis provides uniform rentals and workplace supplies to businesses across the United States and Canada. The core offering is a full-service uniform program: Vestis designs, sources, manufactures, customizes, delivers, launders, repairs, and replaces uniforms on a recurring weekly basis. Beyond uniforms, Vestis also provides workplace supplies including floor mats, towels, linens, restroom supplies, first-aid kits, and safety products, all restocked as part of the same weekly delivery visit. Vestis serves over 300,000 customer accounts across industries including manufacturing, hospitality, food processing, healthcare, and automotive. About 95% of revenue comes from recurring rentals — customers do not own the uniforms or supplies; Vestis retains ownership and charges a weekly service fee under multi-year contracts with early termination fees. The remaining ~5% of revenue comes from direct sales of customized uniforms. Vestis manufactures approximately 60% of its uniforms and linens in two plants in Mexico. The cost structure is largely fixed, so revenue growth — particularly growth that increases plant utilization — drives strong margin expansion; Vestis estimates ~35% unused wash capacity in its plant network. Key revenue drivers include customer retention, new business wins, annual price increases, and cross-selling workplace supplies to existing customers, where current penetration is only 30%-40% of the full product line. Vestis recently initiated a multi-year restructuring plan, including workforce reductions, aimed at improving profitability.
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