Vestis Corporation Common Stock (VSTS)

Vestis named Phillip Holloman as interim executive chairman, president and CEO.

Over the last six months, Vestis’s shares have sunk to $12.66, producing a disappointing 16.7% loss while the S&P 500 was flat. This may have investors wondering how to approach the situation.

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VSTS stock results show that Vestis missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.