G&K Services posts record revenue for Q3 fiscal '06
02 May '06
2 min read
The company expects fiscal 2006 fourth quarter revenue to range from $221.0 million to $224.0 million and earnings per diluted share from $0.47 to $0.50. The revenue guidance reflects the impact of higher new account growth in the rental business and strong direct sale revenues.
For full-year fiscal 2006, the fourth quarter guidance implies revenue and earnings growth of approx. 11 and 9.5 percent, respectively, over fiscal 2005.
Headquartered in Minneapolis, Minnesota, G&K Services Inc is a market leader in branded identity apparel programs and facility services in the US, and is the largest such provider in Canada. It operates over 140 processing facilities and branch offices, serving more than 160,000 customers.
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