Latest G&K Services (GK) Headlines
G&K Services to Sponsor JD Motorsports' Landon Cassill in the 2014 NASCAR Season
Business Wire - Thu Feb 20, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) today announced its sponsorship of JD Motorsports' new lead driver, Landon Cassill, and the No. 01 Chevrolet for the 2014 NASCAR(R) Nationwide(R) series. G&K will be the team's title sponsor for the season-opening race held on Saturday, February 22, 2014 at the Daytona International Speedway(R) in Daytona Beach, FL. The race will be broadcast on ESPN starting at 1:15 pm Eastern Time.
G&K Services Shares Key Facts about Cold and Flu Prevention
Business Wire - Wed Feb 19, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK). In an average year, up to 20 percent of the US population is infected with the flu, according to the US Centers for Disease Control and Prevention (CDC). People infected with the flu may be able to infect others beginning one day before symptoms develop and up to 5 to 7 days after becoming sick. While nearly 111 million workdays are lost due to the flu each year, equaling approximately $7 billion per year in sick days and lost productivity(1), businesses can take preventative steps to help reduce the risk of a flu outbreak in the workplace.
G&K Services To Present at Baird's 2014 Business Solutions Conference
Business Wire - Tue Feb 18, 6:00AM CST
G&K Services, Inc. (NASDAQ:GK) is scheduled to present at Robert W. Baird & Company's 2014 Business Solutions Conference on Tuesday, February 25, 2014 in New York. Douglas A. Milroy, Chief Executive Officer, and Jeffrey L. Wright, Executive Vice President and Chief Financial Officer, are scheduled to speak to investors at 12:40 p.m. Eastern Time on February 25.
G&K Services Introduces New Flame Resistant Enhanced Visibility Uniforms
Business Wire - Thu Feb 13, 6:00AM CST
G&K Services, Inc. (NASDAQ:GK) announced today it has introduced an industry-leading new line of flame resistant (FR) enhanced visibility uniforms. G&K's latest product line features FR uniforms with reflective trim, designed especially to improve worker safety in the petroleum refining, chemical manufacturing, electric or gas utility, welding, mining and manufacturing industries.
G&K Services Declares Regular Cash Dividend
Business Wire - Fri Feb 07, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) announced today that its Board of Directors has declared a quarterly dividend of $0.27 per share. The dividend will be payable on March 21, 2014 to shareholders of record at the close of business on March 5, 2014.
Oversold Conditions For G & K Services (GK)
MarketNewsVideo.com - Fri Jan 31, 11:12AM CST
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative...
G&K Services Reports Fiscal 2014 Second Quarter Results
Business Wire - Tue Jan 28, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) today reported operating results for the second quarter of its fiscal year 2014, which ended on December 28, 2013. Revenue from continuing operations grew by 3.5 percent to $225.9 million, up from $218.3 million in last year's second quarter. Second quarter adjusted earnings from continuing operations grew 14 percent to a company record $0.75 per diluted share, up from $0.66 per diluted share in the prior year period. Adjusted earnings in the quarter excluded a $0.06 per share benefit from the previously announced change in estimated merchandise amortization lives. Including this benefit, the company recorded earnings from continuing operations of $0.81 per diluted share (see reconciliation table for details). As previously disclosed, the company divested two non-core business units which have been reclassified as discontinued operations in its current and historical financial results.
G&K Services Recognized by Grease Monkey International as 2013 Vendor of the Year
Business Wire - Tue Jan 21, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) announced today that it was recently recognized as Vendor of the Year by Grease Monkey International, Inc. The award was presented at a ceremony held during Grease Monkey's 2013 Annual Conference in Oakbrook, IL. G&K was the only supplier to receive this recognition.
G&K Services to Report Fiscal 2014 Second Quarter Financial Results
Business Wire - Mon Jan 13, 5:59AM CST
G&K Services, Inc. (NASDAQ: GK) will report its fiscal 2014 second quarter results on Tuesday, January 28, 2014, before the market opens. The company will also host a conference call to discuss its financial results and outlook. This conference call will be webcast beginning at 10 a.m. Central Time, on January 28, 2014.
G&K Divests Assets - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jan 07, 5:45PM CST
In an effort to reposition its portfolio, G&K Services, Inc. recently divested its direct sale program business. Additionally, the company sold its operation in Ireland. Total proceeds from the divestiture were $6.6 million.
Resilience Capital Partners Acquires Direct Sale Uniform Business From G&K Services, Inc.
PR Newswire - Tue Jan 07, 1:30PM CST
Resilience Capital Partners, a Cleveland-based private equity firm focused on buying and improving lower mid-market companies in a broad range of industries, has announced the acquisition of the direct sale business of G&K Services, Inc. through its newly-formed platform company, Affinity Specialty Apparel, Inc. ("Affinity"). Affinity is a leader in the selling and distributing of occupational apparel and services, including the design, marketing and distribution of customized and off-the-shelf apparel collections to customers through managed direct purchase uniform programs. Affinity is Resilience Capital Partners' first acquisition in the corporate uniform industry and its seventh platform investment for The Resilience Fund III, L.P.
The Small-Cap Screen That Beats the Market
at The Street - Tue Jan 07, 7:49AM CST
Can small-cap dividend growers outperform again in 2014?
G&K Services Announces Divestiture of Non-Core Business Units
Business Wire - Mon Jan 06, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) announced today that it has sold its direct sale program business. Separately, the company also divested its operation in Ireland, which was the company's last remaining cleanroom business. Total proceeds from the sales were $6.6 million. These transactions mark the completion of G&K's restructuring efforts that began in 2009. Since that time the company has divested several non-core business units that did not fit its long-term strategy.
G&K Services Announces Leadership Transition in Canada
Business Wire - Thu Jan 02, 5:59AM CST
G&K Services, Inc. (NASDAQ:GK) announced today that Kevin Fancey has been appointed President of G&K Services Canada, succeeding Robert G. Wood, who has served as President of G&K Services Canada since 1998. Wood will continue serving G&K as Chairman of G&K Services Canada through June 2014, after which time he will assume a senior advisory role with the company.
G&K Services' Employees Generously Support Greater Twin Cities United Way
Business Wire - Thu Dec 19, 6:00AM CST
G&K Services, Inc. (NASDAQ:GK) announced today that its employees across four locations in the Twin Cities of Minneapolis and St. Paul pledged more than $139,000 in the company's 2013 United Way workplace campaign. The theme of G&K's 2013 campaign was "Bridge the Gap", bringing focus to helping people and families in the Twin Cities get back on their feet after periods of crisis. The G&K Services Foundation offered to match employees' pledges dollar for dollar, bringing G&K's total contribution this year to over $278,000. This was the second consecutive year in which G&K's employees exceeded their goal to increase pledges by 10 percent over the previous year's level.
G&K Services Promotes Winter Safety with Floor Mat Tips for Businesses
Business Wire - Wed Dec 18, 10:00AM CST
As businesses across North America face the onslaught of the winter season, the inclement weather can increase safety concerns, especially the potential for slips, trips and falls in the workplace. The National Safety Council estimates that over nine million slip-and-fall incidents occur in the United States each year. These accidents most often occur on wet and dirty surfaces. Floor mat programs provide an effective solution for businesses to eliminate these hazards by trapping excess water and dirt before it enters their building.
Aramark Holdings: Get to Know This Fresh IPO
Joseph Solitro, The Motley Fool - Motley Fool - Mon Dec 16, 3:25PM CST
Aramark Holdings went public on Thursday at $20 per share, and the stock jumped 13.5% in its first day of trading. This is the third time the company has gone public, with the first two IPOs taking place in 1960 and 2001. The stock has continued to...
G&K Services to Present at the J.P. Morgan SMid Cap Conference
Business Wire - Wed Dec 04, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) is scheduled to present at the J.P. Morgan SMid Cap Conference in Chicago on Wednesday, December 11, 2013. Douglas A. Milroy, Chief Executive Officer, is scheduled to speak to investors at 10:15 a.m. Central Time on December 11.
Why Drivers Drive the Profitability of Uniform Rental Companies
Mark Lin, The Motley Fool - Motley Fool - Tue Dec 03, 9:48AM CST
While it is the C-Suite of CEO's, COO's, and CFO's that make all the headline-grabbing decisions, it is the front line employees that really make or break a company. In the case of U.S.'s largest uniform rental company Cintas and its peers ...
G&K Services Named One of the 50 Best Employers in Canada for the 10th Consecutive Year
Business Wire - Thu Nov 07, 12:45PM CST
G&K Services, Inc. (NASDAQ:GK) is proud to announce that G&K Services Canada was named one of the 50 Best Employers in Canada for the tenth consecutive year. This recognition is based on the results of a study conducted by Aon Hewitt, a global human resources consulting and outsourcing firm.
G&K Services to Sponsor JD Motorsports' Landon Cassill in the 2014 NASCAR Season
Business Wire - Thu Feb 20, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) today announced its sponsorship of JD Motorsports' new lead driver, Landon Cassill, and the No. 01 Chevrolet for the 2014 NASCAR(R) Nationwide(R) series. G&K will be the team's title sponsor for the season-opening race held on Saturday, February 22, 2014 at the Daytona International Speedway(R) in Daytona Beach, FL. The race will be broadcast on ESPN starting at 1:15 pm Eastern Time.
G&K Services Shares Key Facts about Cold and Flu Prevention
Business Wire - Wed Feb 19, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK). In an average year, up to 20 percent of the US population is infected with the flu, according to the US Centers for Disease Control and Prevention (CDC). People infected with the flu may be able to infect others beginning one day before symptoms develop and up to 5 to 7 days after becoming sick. While nearly 111 million workdays are lost due to the flu each year, equaling approximately $7 billion per year in sick days and lost productivity(1), businesses can take preventative steps to help reduce the risk of a flu outbreak in the workplace.
G&K Services To Present at Baird's 2014 Business Solutions Conference
Business Wire - Tue Feb 18, 6:00AM CST
G&K Services, Inc. (NASDAQ:GK) is scheduled to present at Robert W. Baird & Company's 2014 Business Solutions Conference on Tuesday, February 25, 2014 in New York. Douglas A. Milroy, Chief Executive Officer, and Jeffrey L. Wright, Executive Vice President and Chief Financial Officer, are scheduled to speak to investors at 12:40 p.m. Eastern Time on February 25.
G&K Services Introduces New Flame Resistant Enhanced Visibility Uniforms
Business Wire - Thu Feb 13, 6:00AM CST
G&K Services, Inc. (NASDAQ:GK) announced today it has introduced an industry-leading new line of flame resistant (FR) enhanced visibility uniforms. G&K's latest product line features FR uniforms with reflective trim, designed especially to improve worker safety in the petroleum refining, chemical manufacturing, electric or gas utility, welding, mining and manufacturing industries.
G&K Services Declares Regular Cash Dividend
Business Wire - Fri Feb 07, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) announced today that its Board of Directors has declared a quarterly dividend of $0.27 per share. The dividend will be payable on March 21, 2014 to shareholders of record at the close of business on March 5, 2014.
Oversold Conditions For G & K Services (GK)
MarketNewsVideo.com - Fri Jan 31, 11:12AM CST
Legendary investor Warren Buffett advises to be fearful when others are greedy, and be greedy when others are fearful. One way we can try to measure the level of fear in a given stock is through a technical analysis indicator called the Relative...
G&K Services Reports Fiscal 2014 Second Quarter Results
Business Wire - Tue Jan 28, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) today reported operating results for the second quarter of its fiscal year 2014, which ended on December 28, 2013. Revenue from continuing operations grew by 3.5 percent to $225.9 million, up from $218.3 million in last year's second quarter. Second quarter adjusted earnings from continuing operations grew 14 percent to a company record $0.75 per diluted share, up from $0.66 per diluted share in the prior year period. Adjusted earnings in the quarter excluded a $0.06 per share benefit from the previously announced change in estimated merchandise amortization lives. Including this benefit, the company recorded earnings from continuing operations of $0.81 per diluted share (see reconciliation table for details). As previously disclosed, the company divested two non-core business units which have been reclassified as discontinued operations in its current and historical financial results.
G&K Services Recognized by Grease Monkey International as 2013 Vendor of the Year
Business Wire - Tue Jan 21, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) announced today that it was recently recognized as Vendor of the Year by Grease Monkey International, Inc. The award was presented at a ceremony held during Grease Monkey's 2013 Annual Conference in Oakbrook, IL. G&K was the only supplier to receive this recognition.
G&K Services to Report Fiscal 2014 Second Quarter Financial Results
Business Wire - Mon Jan 13, 5:59AM CST
G&K Services, Inc. (NASDAQ: GK) will report its fiscal 2014 second quarter results on Tuesday, January 28, 2014, before the market opens. The company will also host a conference call to discuss its financial results and outlook. This conference call will be webcast beginning at 10 a.m. Central Time, on January 28, 2014.
G&K Divests Assets - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Tue Jan 07, 5:45PM CST
In an effort to reposition its portfolio, G&K Services, Inc. recently divested its direct sale program business. Additionally, the company sold its operation in Ireland. Total proceeds from the divestiture were $6.6 million.
Resilience Capital Partners Acquires Direct Sale Uniform Business From G&K Services, Inc.
PR Newswire - Tue Jan 07, 1:30PM CST
Resilience Capital Partners, a Cleveland-based private equity firm focused on buying and improving lower mid-market companies in a broad range of industries, has announced the acquisition of the direct sale business of G&K Services, Inc. through its newly-formed platform company, Affinity Specialty Apparel, Inc. ("Affinity"). Affinity is a leader in the selling and distributing of occupational apparel and services, including the design, marketing and distribution of customized and off-the-shelf apparel collections to customers through managed direct purchase uniform programs. Affinity is Resilience Capital Partners' first acquisition in the corporate uniform industry and its seventh platform investment for The Resilience Fund III, L.P.
The Small-Cap Screen That Beats the Market
at The Street - Tue Jan 07, 7:49AM CST
Can small-cap dividend growers outperform again in 2014?
G&K Services Announces Divestiture of Non-Core Business Units
Business Wire - Mon Jan 06, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) announced today that it has sold its direct sale program business. Separately, the company also divested its operation in Ireland, which was the company's last remaining cleanroom business. Total proceeds from the sales were $6.6 million. These transactions mark the completion of G&K's restructuring efforts that began in 2009. Since that time the company has divested several non-core business units that did not fit its long-term strategy.
G&K Services Announces Leadership Transition in Canada
Business Wire - Thu Jan 02, 5:59AM CST
G&K Services, Inc. (NASDAQ:GK) announced today that Kevin Fancey has been appointed President of G&K Services Canada, succeeding Robert G. Wood, who has served as President of G&K Services Canada since 1998. Wood will continue serving G&K as Chairman of G&K Services Canada through June 2014, after which time he will assume a senior advisory role with the company.
G&K Services' Employees Generously Support Greater Twin Cities United Way
Business Wire - Thu Dec 19, 6:00AM CST
G&K Services, Inc. (NASDAQ:GK) announced today that its employees across four locations in the Twin Cities of Minneapolis and St. Paul pledged more than $139,000 in the company's 2013 United Way workplace campaign. The theme of G&K's 2013 campaign was "Bridge the Gap", bringing focus to helping people and families in the Twin Cities get back on their feet after periods of crisis. The G&K Services Foundation offered to match employees' pledges dollar for dollar, bringing G&K's total contribution this year to over $278,000. This was the second consecutive year in which G&K's employees exceeded their goal to increase pledges by 10 percent over the previous year's level.
G&K Services Promotes Winter Safety with Floor Mat Tips for Businesses
Business Wire - Wed Dec 18, 10:00AM CST
As businesses across North America face the onslaught of the winter season, the inclement weather can increase safety concerns, especially the potential for slips, trips and falls in the workplace. The National Safety Council estimates that over nine million slip-and-fall incidents occur in the United States each year. These accidents most often occur on wet and dirty surfaces. Floor mat programs provide an effective solution for businesses to eliminate these hazards by trapping excess water and dirt before it enters their building.
Aramark Holdings: Get to Know This Fresh IPO
Joseph Solitro, The Motley Fool - Motley Fool - Mon Dec 16, 3:25PM CST
Aramark Holdings went public on Thursday at $20 per share, and the stock jumped 13.5% in its first day of trading. This is the third time the company has gone public, with the first two IPOs taking place in 1960 and 2001. The stock has continued to...
G&K Services to Present at the J.P. Morgan SMid Cap Conference
Business Wire - Wed Dec 04, 6:00AM CST
G&K Services, Inc. (NASDAQ: GK) is scheduled to present at the J.P. Morgan SMid Cap Conference in Chicago on Wednesday, December 11, 2013. Douglas A. Milroy, Chief Executive Officer, is scheduled to speak to investors at 10:15 a.m. Central Time on December 11.
Why Drivers Drive the Profitability of Uniform Rental Companies
Mark Lin, The Motley Fool - Motley Fool - Tue Dec 03, 9:48AM CST
While it is the C-Suite of CEO's, COO's, and CFO's that make all the headline-grabbing decisions, it is the front line employees that really make or break a company. In the case of U.S.'s largest uniform rental company Cintas and its peers ...
G&K Services Named One of the 50 Best Employers in Canada for the 10th Consecutive Year
Business Wire - Thu Nov 07, 12:45PM CST
G&K Services, Inc. (NASDAQ:GK) is proud to announce that G&K Services Canada was named one of the 50 Best Employers in Canada for the tenth consecutive year. This recognition is based on the results of a study conducted by Aon Hewitt, a global human resources consulting and outsourcing firm.
