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Vestis Corporation Announces CTO Departure

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Vestis Corporation Announces CTO Departure

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The latest announcement is out from Vestis Corporation ( (VSTS) ).

On October 3, 2025, Vestis Corporation announced the departure of Grant Shih, Executive Vice President and Chief Technology Officer, effective October 7, 2025. His departure is amicable, with no disagreements regarding company operations, and he will receive separation benefits as per his employment agreement.

The most recent analyst rating on (VSTS) stock is a Hold with a $5.00 price target. To see the full list of analyst forecasts on Vestis Corporation stock, see the VSTS Stock Forecast page.

Spark’s Take on VSTS Stock

According to Spark, TipRanks’ AI Analyst, VSTS is a Neutral.

Vestis Corporation’s overall stock score is driven by significant financial challenges, including declining revenue and profitability, high leverage, and bearish technical indicators. While there are strategic initiatives in place to address these issues, the current valuation and earnings call sentiment reflect ongoing pressures. The company’s efforts to improve cash flow and secure new business provide some optimism, but substantial improvements are needed for a more favorable outlook.

To see Spark’s full report on VSTS stock, click here.

More about Vestis Corporation

Average Trading Volume: 2,108,971

Technical Sentiment Signal: Sell

Current Market Cap: $661.8M

Learn more about VSTS stock on TipRanks’ Stock Analysis page.

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