Disclosure Insight Maintains Medium Risk Rating on G&K Services

A report from D.I. reiterates its Medium Risk –Positive Bias rating on G&K Services

. The report states, “One-time items and acquisition activity support our opinion of a Medium Risk - Positive bias rating for GKSR. In FY09, GKSR recorded $127 million in goodwill impairment charges. GKSR has made several small acquisitions for $111 million, of which $80 million has been allocated to goodwill." GKSR closed yesterday at $28.95.