G&K Extends Portfolio with New Polo Line - Analyst Blog

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Uniform rental services provider G&K Services Inc. ( GK ) recently extended its product portfolio by introducing a new high-performance polo line for both men and women. This professional apparel line is likely to offer uniform rental customers an additional opportunity to design business outfits for their employees.

The high-performance polo line is stretchable and ideal for employees who are always on the move. G&K Services has used innovative fabric for the apparel, which helps keep it wrinkle-free, odorless and sang-resistant. These aid employees to maintain their professional composure by keeping them cool and fresh. Consequently, employees can utilize their time to better serve the customers and thereby increase productivity.

The polo line is currently available for rent across the U.S. and is complemented by a wide selection of accessories, including pants and jackets for a thorough professional appearance.

G&K Services provides branded uniform and facility services programs in the U.S., Canada, Ireland and the Dominican Republic. The company's facility-services programs comprise floor mat offerings, including traction control, logo, message, scraper and anti-fatigue; towel products, such as shop, kitchen, bar, bath, dish, continuous roll, and microfiber; dust, microfiber, and wet mops; fender covers; linen items; and restroom hygiene products.

Since 2009, G&K Services has focused on various restructuring efforts to generate better growth opportunities. The company divested several non-strategic business units that no longer fit its long-term strategy. Instead, the company has focused more on rental and direct sale catalog operations that offer higher growth opportunities.

G&K Services currently holds a Zacks Rank #4 (Sell). Other players in the industry worth looking at include Cintas Corp. ( CTAS ), Franklin Covey Co. ( FC ) and Huron Consulting Group Inc . ( HURN ), each carrying a Zacks Rank #2 (Buy).


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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Business , Stocks

Referenced Stocks: GK , CTAS , HURN , FC

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