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Cintas Corp - CTAS STOCK NEWS

Welcome to our dedicated page for Cintas news (Ticker: CTAS), a resource for investors and traders seeking the latest updates and insights on Cintas stock.

Cintas Corporation (NASDAQ: CTAS) is a leading provider of business-to-business services headquartered in Cincinnati. The company specializes in offering a wide range of services to businesses globally, ensuring their facilities and employees are clean, safe, and well-presented. Cintas' core services include uniform rental and sales, facility services, first aid and safety, fire protection, cleanroom services, document management, and promotional products.

Cintas' uniform rental programs are comprehensive, including office attire, custom-tailored apparel, flame-resistant clothing, lab coats, and other profession-specific uniforms. In addition to uniforms, Cintas provides facilities services involving the rental and sale of entrance mats, mops, shop towels, hand sanitizers, and restroom supplies. The company also offers safety and compliance solutions such as first aid kits, fire extinguishers, and safety training.

Recent achievements highlight Cintas' commitment to inclusivity and technological advancement. The company's partnership with Project SEARCH in Little Rock, Arkansas, exemplifies its dedication to disability inclusion. This initiative has successfully integrated young adults with developmental disabilities into the workforce, ensuring zero turnover among participants over the past five years. Moreover, Cintas' collaboration with Google Cloud leverages Vertex AI to enhance operational efficiency and customer experience through advanced AI-powered internal knowledge centers.

Financially, Cintas remains robust, being publicly traded on the Nasdaq Global Select Market and featured in the Standard & Poor's 500 Index and Nasdaq-100 Index. Their strategic initiatives and partnerships aim to sustain this growth trajectory while fostering a diverse and inclusive work environment.

To stay updated with the latest Cintas news and developments, visit their official news sources and social media channels.

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Cintas Corporation (Nasdaq: CTAS) will release its fiscal year 2023 second quarter results on December 21, 2022. A conference call to discuss these results will take place at 10:00 a.m. Eastern Time on the same day. The event will be accessible via a live webcast on www.Cintas.com. A replay will also be available for two weeks post-call. Cintas provides essential products and services, helping over one million businesses maintain cleanliness and safety in their facilities.

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Cintas Corporation (Nasdaq: CTAS) successfully conducted its annual holiday drive, "Stuff the Truck," collecting hundreds of toys and nearly 500 pounds of food over the past month. Donations were delivered to Shared Harvest Foodbank in Fairfield, Ohio, and the Butler/Warren Counties Marine Corps Reserves Toys for Tots program. Cintas aims to support local communities through its philanthropic efforts, which include financial and in-kind contributions, demonstrating strong engagement from its employee-partners in charitable activities.

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Cintas Corporation (NASDAQ: CTAS) has inaugurated a new Cleanroom facility in Marcy, N.Y., expanding its operations in the Syracuse area. This state-of-the-art facility aims to support high-growth industries, including pharmaceuticals and biotechnology, and has immediate openings for 25 new jobs, with an expected increase of 40 more within 12 to 18 months. Currently employing 85 people, Cintas is committed to maintaining stringent quality standards in its Cleanroom services.

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Cintas Corporation (CTAS) employee Gabriel Reyes from Nashville won a $20,000 culinary trip to Italy through the company's "Win the Kitchen" contest. This competition aimed to promote the Chef Works’ culinary rental apparel line, culminating in a grand prize event in Cincinnati. The campaign lasted six months, during which employees competed for multiple prizes. Reyes, a 15-year veteran, expressed gratitude for the recognition and the opportunity to showcase Chef Works’ offerings, highlighting its impact on employee appearance and customer satisfaction.

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Cintas Corporation (Nasdaq: CTAS) has declared a quarterly cash dividend of $1.15 per share, payable on December 15, 2022, to shareholders on record as of November 15, 2022. This marks Cintas' commitment to returning capital to shareholders, with consistent annual increases in dividends since its IPO in 1983. Future dividends will depend on the Board of Directors' discretion and various financial factors.

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Cintas Corporation (NASDAQ: CTAS) awarded Tampa International Airport the title of America's Best Restroom in 2022. The airport won a $2,500 prize in Cintas products and services, including restroom cleaning services. This recognition reflects the airport's commitment to exceptional restroom facilities and hygiene. The airport plans to donate the prize to communities affected by Hurricane Ian. The annual contest celebrates innovative and hygienic public restrooms, highlighting the importance of cleanliness and design in enhancing visitor experiences.

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FAQ

What is the current stock price of Cintas (CTAS)?

The current stock price of Cintas (CTAS) is $187.12 as of December 23, 2024.

What is the market cap of Cintas (CTAS)?

The market cap of Cintas (CTAS) is approximately 75.0B.

What services does Cintas Corporation provide?

Cintas offers uniform rental and sales, facility services, first aid and safety, fire protection, cleanroom services, document management, and promotional products.

Where is Cintas Corporation headquartered?

Cintas Corporation is headquartered in Cincinnati, Ohio.

What is Cintas' core business?

Cintas' core business includes uniform rental programs, facilities services, and safety solutions such as first aid kits and fire protection.

How does Cintas support disability inclusion?

Cintas partners with Project SEARCH to integrate young adults with developmental disabilities into their workforce, ensuring inclusivity and support for these individuals.

What recent technological advancements has Cintas made?

Cintas has partnered with Google Cloud to develop an AI-powered internal knowledge center using Vertex AI, aiming to enhance customer service and operational efficiency.

On which stock market is Cintas traded?

Cintas is traded on the Nasdaq Global Select Market under the symbol CTAS.

What indices include Cintas Corporation?

Cintas is a component of both the Standard & Poor's 500 Index and the Nasdaq-100 Index.

What is Project SEARCH?

Project SEARCH is a job-training initiative for young adults with developmental disabilities, which Cintas partners with to ensure inclusive employment.

How does Cintas' partnership with Google Cloud benefit the company?

The partnership improves operational efficiency and customer service through AI-powered tools that help employees access critical information quickly.

What kind of uniforms does Cintas provide?

Cintas provides a variety of uniforms including office attire, flame-resistant clothing, lab coats, and other occupation-specific apparel.

Cintas Corp

Nasdaq:CTAS

CTAS Rankings

CTAS Stock Data

75.04B
342.77M
15.06%
66.57%
1.65%
Specialty Business Services
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
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United States of America
CINCINNATI