Company Vestis Corporation

Equities

VSTS

US29430C1027

Personal Services

Market Closed - Nyse 04:00:02 2024-05-21 pm EDT 5-day change 1st Jan Change
12.44 USD -0.80% Intraday chart for Vestis Corporation -1.19% -41.15%

Business Summary

Vestis Corporation is a provider of uniform rentals and workplace supplies across the United States and Canada. The Company provides uniforms, mats, towels, linens, restroom supplies, first-aid supplies, safety products and other workplace supplies. The Company also provides a full range of uniform programs, managed restroom supply services and first-aid and safety products, as well as ancillary items such as floor mats, towels and linens. Additionally, it provides garments and contamination control supplies that help customers maintain controlled, cleanroom environments commonly used in the manufacturing of electronics, pharmaceuticals and medical equipment. Its customer base participates in a variety of industries, including manufacturing, hospitality, retail, food processing, pharmaceuticals, healthcare and automotive. It serves customers ranging from small, family-owned operations with a single location to corporations and national franchises with multiple locations.

Number of employees: 20,000

Sales per Business

USD in Million2022Weight2023Weight Delta
Workplace Supplies
58.7 %
1,518 56.5 % 1,657 58.7 % +9.13%
Uniforms
41.3 %
1,169 43.5 % 1,168 41.3 % -0.03%

Sales per region

USD in Million2022Weight2023Weight Delta
United States
91.2 %
2,447 91.1 % 2,575 91.2 % +5.25%
Canada
8.8 %
240 8.9 % 250 8.8 % +4.14%

Managers

Managers TitleAgeSince
Chief Executive Officer 51 -
Director of Finance/CFO 53 -
Chief Tech/Sci/R&D Officer - -
- -
Human Resources Officer - -
Comptroller/Controller/Auditor 48 23-09-29
General Counsel 68 -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 69 23-09-29
Director/Board Member 68 23-09-29
Director/Board Member 60 23-09-29
Chairman 69 23-09-29
Director/Board Member 55 23-09-25
Director/Board Member 59 23-09-29
Director/Board Member 55 23-09-29
Chief Executive Officer 51 -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 131,450,628 130,802,178 ( 99.51 %) 0 99.51 %

Shareholders

NameEquities%Valuation
Corvex Management LP
12.62 %
16,591,833 12.62 % 312 M $
BlackRock Advisors LLC
11.75 %
15,441,117 11.75 % 290 M $
Vanguard Fiduciary Trust Co.
10.91 %
14,345,223 10.91 % 270 M $
Fidelity Management & Research Co. LLC
4.650 %
6,112,137 4.650 % 115 M $
Farallon Capital Management LLC
3.739 %
4,914,753 3.739 % 92 M $
Fiduciary Trust Company International
3.433 %
4,512,634 3.433 % 85 M $
4,009,333 3.051 % 75 M $
Channing Capital Management LLC
2.718 %
3,572,729 2.718 % 67 M $
Barrow, Hanley, Mewhinney & Strauss LLC
2.595 %
3,410,400 2.595 % 64 M $
Corvex Management LP
2.532 %
3,328,409 2.532 % 63 M $

Company contact information

Vestis Corp.

500 Colonial Center Parkway Suite 140

30076, Roswell

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