UniFirst Corporation $(UNF)$ has announced its financial results for the third quarter of fiscal 2025. The company reported a 1.2% increase in consolidated revenues, reaching $610.8 million compared to the same period in the previous year. The net income rose by 4.3% to $39.7 million, up from $38.1 million. Diluted earnings per share also saw an increase, moving to $2.13 from $2.03, marking a 4.9% rise. Operating income experienced a slight decrease of 0.6%, amounting to $48.2 million. The quarterly tax rate increased to 25.7% from 22.9% in the prior year. Adjusted EBITDA climbed to $85.8 million, a 1.2% increase from the previous year's $84.8 million. In its Core Laundry Operations segment, revenues grew by 0.9% to $533.2 million, with organic growth registered at 1.1%. However, the operating margin in this segment decreased slightly to 6.9% from 7.0%. The company highlighted that the financial results for this quarter included costs related to its Key Initiatives, which consist of customer relationship management and enterprise resource planning projects. These initiatives impacted operating income and Adjusted EBITDA by reducing them by $1.0 million each. UniFirst's president and CEO, Steven Sintros, noted that the results were in line with expectations and emphasized the importance of recent investments, which have started to show positive returns, particularly in gross margin improvement and business execution. The company is focused on being recognized as a leading service provider in the industry while supporting its team members and customers. No specific guidance or outlook for future quarters was provided in the announcement.