Vestis Corp (VSTS): $6.16
Market Cap: $811.78M
Enterprise Value: $2.19B
Almost exactly a year ago, we covered a small, uniform rental company called Vestis (VSTS) in our May 2024 newsletter. Vestis was spun out of the food services and facilities management company Aramark (ARMK) in October 2023. The image below is taken from Aramark’s May 2022 presentation