G&K SERVICES INC (GK) [Rocket]

Overview

G&K SERVICES INC (GK)

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Recent News + Filings (All items)

Date Filed	Type	Description
02/09/2018	SC 13G/A	Form SC 13G/A - Statement of acquisition of beneficial ownership by individuals: [Amend]
03/31/2017	15-12G	Form 15-12G - Securities registration termination [Section 12(g)]
03/29/2017	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments
03/29/2017	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments
03/29/2017	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments
03/29/2017	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments
03/29/2017	S-8 POS	Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments

Revenue Mix by Segment

Financial Summary (All financials)

In millions, except per share items	Jul-02-16	Jun-27-15	Jun-28-14	Jun-29-13	Jun-30-12	Jul-02-11	Jul-03-10	Jun-27-09
Revenues	978.0	937.6	900.9	866.0	829.0	828.9	833.6	936.0
Revenue growth	4.3%	4.1%	4.0%	4.5%	0.0%	-0.6%	-10.9%	-6.6%
Cost of goods sold	643.1	621.1	595.0	585.7	574.8	567.4	582.3	0.0
Gross profit	335.0	316.5	305.9	280.3	254.1	261.5	251.3	936.0
Gross margin	34.2%	33.8%	34.0%	32.4%	30.7%	31.5%	30.1%	100.0%
Selling, general and administrative	212.3	208.8	199.9	195.3	187.4	196.1	191.7	226.1
EBITA	124.1	103.2	98.8	88.1	47.7	71.0	65.8	50.7
EBITA margin	12.7%	11.0%	11.0%	10.2%	5.8%	8.6%	7.9%	5.4%
Amortization of intangibles	1.4	1.9	2.7	4.1	5.0	5.6	6.2
EBIT	122.6	101.2	96.1	84.0	42.7	65.4	59.6	50.7
EBIT margin	12.5%	10.8%	10.7%	9.7%	5.2%	7.9%	7.2%	5.4%
Pre-tax income	115.8	94.1	89.8	79.2	36.7	55.1	45.8	-90.0
Income taxes	43.4	34.2	33.7	28.6	12.2	22.0	17.2	-17.6
Tax rate	37.4%	36.4%	37.6%	36.2%	33.2%	39.9%	37.5%	19.5%
Net income	72.4	59.9	47.7	46.7	24.1	33.2	28.6	-72.5
Net margin	7.4%	6.4%	5.3%	5.4%	2.9%	4.0%	3.4%	-7.7%

Diluted EPS	$3.66	$2.99	$2.81	$2.62	$1.31	$1.79	$1.56	($3.94)
Shares outstanding (diluted)	19.8	20.0	19.9	19.3	18.7	18.5	18.3	18.4

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.