Cintas Corp - CTAS STOCK NEWS

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.

Cintas Corporation (Nasdaq: CTAS) reported a strong fiscal 2022 third quarter with revenue reaching $1.96 billion, up 10.3% from last year's $1.78 billion. Organic revenue growth stood at 10.0%. Gross margin rose to $898.2 million, accounting for 45.8% of revenue. Operating income improved to $407.6 million, representing 20.8% of revenue. Cintas declared a diluted EPS of $2.97, boosted by a $30.2 million gain on an investment. The company raised its fourth-quarter revenue guidance to $1.96 billion - $2.02 billion and EPS forecast to $2.54 - $2.74.

Cintas Canada is inviting nominations for Canada’s Best Restroom contest, running until May 13, 2022. The contest highlights businesses with exceptional washrooms, judged on cleanliness, visual appeal, innovation, functionality, and unique design. Five finalists will be chosen, allowing public voting for the grand prize winner from June 6 to July 8, 2022, who will receive $2,500 in facility services. Last year’s winner was Borden Park in Edmonton, emphasizing the importance of accessible washrooms.

Cintas Corporation (CTAS) will release its fiscal year 2022 third quarter financial results on March 23, 2022, before market opening. The company will host a conference call discussing these results, available via live webcast starting at 10:00 a.m. Eastern Time on the same day. Investors can access the webcast on Cintas.com. A replay will be available for two weeks following the live event. Cintas provides various services, including uniforms and sanitizing products, to more than one million businesses, helping them get Ready for the Workday®.