Vestis Corporation reported a flat sequential Q1 2025 revenue of $683.8 million and adjusted EBITDA of $81.2 million, delivering an EBITDA margin of 11.9% and a net income of $0.8 million. The quarter was characterized by favorable volume dynamics driven by new national accounts and existing customer growth, partially offset by a modest pricing rollback and a CAD headwind. Management reaffirmed full-year guidance, signaling confidence in a meaningful H2 ramp supported by pricing discipline, cost savings, and an acceleration in frontline sales hiring. The company emphasized cash generation over the full year, while highlighting seasonality and working capital timing as factors behind modest Q1 cash flow. Importantly, Vestis aims to reduce leverage to a targeted 1.5x–2.5x by end-FY26, supported by asset-lightial optimization, debt reduction from recent asset sales, and expected EBITDA uplift from volume and pricing initiatives.