Baird Provides Industry Economic Update Via TRSA Webinar

ALEXANDRIA, Va. — April 21, 2021 — Using data from the Robert W. Baird & Co. and TRSA First-Quarter 2021 Uniform & Linen Rental Survey as well as the latest key economic indicators, a pair of Baird analysts gave an assessment of the state of the linen, uniform and facility services industry during TRSA’s recent webinar presentation, titled “Textile Services Market Forecast.”

The hour-long economic update was co-hosted by Baird Senior Research Analyst Andrew Wittmann and Senior Research Associate Justin Hauke. The presentation included the following information:

  • An update on financial markets, including the S&P 500 and cryptocurrency such as bitcoin;
  • Key economic indicators, such as consumer spending, housing markets, inflation and the industrial economy; and
  • Labor trends, including jobless claims and the unemployment rate.

The presentation also included an overview of publicly traded uniform rental company stocks, including Aramark, Cintas and UniFirst. The co-hosts compared each of the company’s most recent results and looked at the impact of COVID-19 on each of these companies’ revenues. The presentation closed with a review of the latest Uniform & Linen Rental Survey results from the survey released in March. To view a recap of the results, visit

For more information and/or to participate in the Robert W. Baird & Co. and TRSA quarterly Uniform & Linen Rental Survey, contact Wittmann at or Hauke at

Thanks to TRSA supplier partner JENSEN for sponsoring the webinar.

TRSA offers 150+ industry-specific programs that provide professional development and training on a range of issues, including regulatory/compliance matters, safety, best practices and strategies for enhancing productivity. Go to to visit TRSA’s On-Demand Learning Portal to view this webinar and more.

Posted April 21, 2021

Source: TRSA