G&K Services, Inc. (NASDAQ: GKSR) announced today that it recently donated more than $100,000 worth of uniforms to United Way of Metropolitan Atlanta. The donated uniforms will be used to support education, work readiness and job training programs in the Atlanta area that are supported by United Way. “G&K believes in giving back to the communities where we operate and we are pleased to support United Way and its partner organizations in Atlanta,” said Jeffrey L. Wright, G&K’s Executive Vice President and Chief Financial Officer. “It is terrific to see our donated uniforms being used to strengthen critical job training programs that help provide the skills to get Atlanta residents back in the workforce.” “G&K is a valued partner and this generous gift will go a long way in supporting our community to ensure families and individuals are self-sufficient,” said United Way of Metropolitan Atlanta President Milton J. Little, Jr. “Currently, Georgia ranks third in the nation in poverty and our unemployment rate is well above the national average, so we have our work cut out for us building bridges of opportunity. This donation is a major step toward that and we are very grateful.” G&K Services is committed to Building Communities that Work. One of the ways the company supports local communities is by donating quality new and used uniforms to organizations focused on education and human services. This donation was one of many made by G&K over the past year to support United Way and other charitable organizations. For more information on G&K Services’ community involvement, please visit the company’s web site at http://www.gkservices.com/about/foundation.html. About G&K Services, Inc.G&K Services, Inc. is a service-focused market leader of rental and purchased uniform and facility services programs in the United States, and is the largest such provider in Canada. Headquartered in Minneapolis, Minnesota, G&K Services has over 7,500 employees serving approximately 165,000 customers from over 160 facilities in North America. G&K Services is a publicly held company traded over the NASDAQ Global Select Market under the symbol GKSR and is a component of the Standard & Poor’s SmallCap 600 Index. For more information on G&K Services, visit the company’s web site at www.gkservices.com. About United Way of Metropolitan AtlantaOur United Way is the third largest in the nation with more than $80 million in fundraising. We invest in more than 120 programs in 13 counties through the Community Impact Fund and participate in Collaborative Networks with caring community partners to address challenges facing families and individuals. To donate, volunteer or advocate, dial 2-1-1 or visit unitedwayatlanta.org.
G & K Services (Nasdaq:GKSR) hit a new 52-week high Wednesday as it is currently trading at $37.79, above its previous 52-week high of $36.54 with 10,278 shares traded as of 9:35 a.m. ET. Average volume has been 78,400 shares over the past 30 days.