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 Fortune 500 business services company headquartered in Cincinnati, Ohio, providing uniform rental, facility services, and workplace safety products to over one million businesses across North America. As one of the largest companies in the uniform and facility services industry, Cintas generates news across multiple categories that matter to investors, analysts, and business professionals.
This news feed covers Cintas's quarterly and annual earnings releases, which detail performance across its Uniform Rental and Facility Services segment and its First Aid and Safety Services division. The company's fiscal year differs from the calendar year, with quarters ending in August, November, February, and May, making earnings announcements a regular source of market-moving information.
Cintas also generates significant news around strategic acquisitions and industry consolidation. The company has historically grown through acquiring regional uniform providers, and any merger or acquisition activity represents material developments for shareholders. Dividend announcements and share repurchase authorizations also feature prominently, as Cintas maintains a track record of returning capital to shareholders.
Beyond financial news, this page tracks Cintas's corporate recognitions, workplace awards, and community initiatives. The company regularly appears on Fortune 500 and Forbes Global 2000 lists, and receives recognition for workplace culture and diversity programs. Bookmark this page to follow developments from one of North America's largest business-to-business service providers.
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
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
Cintas Corporation (Nasdaq: CTAS) is currently accepting nominations for the 2022 America’s Best Restroom® contest until
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.