Reuters logo
BRIEF-Unifirst Corp expects to recognize an impairment of capitalized costs as part of its ongoing CRM systems project
September 21, 2017 / 12:34 PM / in 3 months

BRIEF-Unifirst Corp expects to recognize an impairment of capitalized costs as part of its ongoing CRM systems project

Sept 21 (Reuters) - Unifirst Corp

* Unifirst Corp - expects to recognize an impairment of capitalized costs as part of its ongoing CRM systems project

* Unifirst-Co expects non-cash charge related to impairment will be between $50 million and $60 million and recognized in its results for Q4 ended Aug. 26, 2017

* Unifirst Corp - after tax impact of the charge is expected to be between $31 million and $37 million Source text for Eikon: Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below