Cintas Corp - CTAS STOCK NEWS

Cintas Corporation (Nasdaq: CTAS) reported fourth-quarter results for fiscal 2022, with revenue of $2.07 billion, up 13% YoY. Organic revenue growth was 12.7%, driven by 10.5% in Uniform Rental and 15.1% in First Aid Services. Gross margin increased by 10.1% to $946.2 million, while operating income rose 13.5% to $404.4 million. Net income reached $294.5 million, up from $267.7 million, with diluted EPS of $2.81. For fiscal 2023, Cintas expects revenue between $8.47 billion and $8.58 billion and diluted EPS between $11.90 and $12.30.

Cintas Corporation (Nasdaq: CTAS) will release its fiscal year 2022 fourth quarter financial results on July 14, 2022, before market opening. A conference call will follow at 10:00 a.m. ET for financial discussions, accessible via a live webcast on www.Cintas.com. A replay will be available two hours post-call and remain accessible for two weeks. Cintas provides comprehensive services, ensuring businesses are Ready for the Workday with products like uniforms, cleaning supplies, and safety training.

Cintas Corporation (CTAS) is accepting nominations for the 2022 C.A.P.E. Awards until August 8, 2022, to honor Environmental Services (EVS) technicians in healthcare facilities. These awards recognize the crucial role EVS staff play in maintaining cleanliness and preventing infections. Ten winners will receive a $2,500 cash prize, with a matching donation to their healthcare institution, along with additional rewards. Cintas aims to highlight the dedication of these unsung heroes, as seen in last year's 800+ nominations.

Cintas Canada invites the public to vote for their favorite washroom in the 2022 Canada’s Best Restroom contest until July 8, 2022. The winner will receive $2,500 in facility services to maintain their washroom. The contest celebrates businesses that prioritize cleanliness and unique design in their washrooms. Finalists include establishments from Edmonton, Toronto, and Richmond, BC, showcasing innovative designs that enhance customer experience. Cintas, a subsidiary of Cintas Corporation, provides facility services across Canada.

Cintas Corporation (NASDAQ: CTAS) announced Lydell Henderson of Presidential Park Elementary School, Middletown, NY, as the 2022 Custodian of the Year. Garnering nearly 90,000 votes, Henderson will receive a $10,000 cash prize. His heroic actions, including performing the Heimlich Maneuver, were highlighted during the announcement, attended by over 1,500 supporters. Cintas will also provide his school with $5,000 worth of products and services. Other finalists will receive $1,000 each and training opportunities, underscoring the essential role custodians play in schools.

Cintas Corporation (Nasdaq: CTAS) has declared a quarterly cash dividend of $0.95 per share, payable on June 15, 2022, to shareholders of record by May 16, 2022. With a history of consistent annual dividend increases since its IPO in 1983, Cintas continues to prioritize returning capital to its shareholders. Future dividend declarations will depend on various factors, including financial conditions and operating results, as determined by the Board of Directors.

Cintas Corporation (Nasdaq: CTAS) is currently accepting nominations for the 2022 America’s Best Restroom® contest until June 17^th. The contest recognizes businesses with exceptional restroom facilities, emphasizing cleanliness and innovation. Cintas will select 10 finalists, and the public can vote for the winner in July. The grand prize includes a Cintas UltraClean® restroom cleaning service and $2,500 in facility services. Last year's winner was Two Cities Pizza in Mason, Ohio.