UniFirst Corporation provides workplace uniforms and protective work wear clothing in the U.S.. Co. operates through five segments: The U.S. and Canadian Rental and Cleaning, Manufacturing (MFG), Specialty Garments Rental and Cleaning (Specialty Garments), First Aid and Corporate. The U.S. and Canadian Rental and Cleaning segment purchases, rents, cleans, delivers, and sells, uniforms and protective clothing and non-garment items in the U.S. and Canada. The MFG segment designs and manufactures uniforms and non-garment items primarily for the purpose of providing these goods to the U.S. and Canadian Rental and Cleaning segment. We show 58 historical shares outstanding datapoints in our UNF shares outstanding history coverage, used to compute UNF market cap on those dates.
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing UNF market cap history over the course of time is important for investors
interested in comparing UNF's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of UNF versus a peer is one thing; comparing
UNF market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like UNF can fluctuate over the course of history.
With this page we aim to empower investors researching UNF by allowing them to research the UNF market cap history. |
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Video: The Importance of Market Cap
