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The Law Offices of Frank R. Cruz announces an investigation of Vestis Corporation (“Vestis” or the “Company”) (NYSE: VSTS) on behalf of investors concerning the Company’s possible violations of federal securities laws.
What Is The Investigation About?
On May 7, 2025, Vestis released its second quarter fiscal 2025 financial results and revised its prior growth and revenue guidance for 2025, providing guidance for the third quarter, falling significantly below market expectations. The Company explained that the poor results were partially due to “lost business in excess of new business” but primarily on “lower adds over stops, which is how [it] describe[s] volumes changes with [its] existing customers.”
On this news, Vestis’s stock price fell $3.27, or 37.5%, to close at $5.44 per share on May 7, 2025, thereby injuring investors.
If you suffered a loss on your Vestis Corporation investments or would like to inquire about joining an action to recover your loss under the federal securities laws, please complete the form below. Please note that submission of this form does not by itself form an attorney-client relationship nor does filing out this form mean you have joined any lawsuit.
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