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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' LEAD program supports and empowers Asian Pacific Islander employee-partners, fostering community, career development, and connections. The program has seen substantial growth and aims to create an inclusive environment for API individuals to thrive.

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The press release announces Bob Galewski as the winner of the 11th annual Cintas Custodian of the Year contest, receiving a $10,000 cash prize. Bob, a custodian at Wabasha-Kellogg High School in Minnesota, was celebrated for his dedication and support to students and staff beyond cleaning duties. The award includes additional prizes and recognition at the ISSA Show North America in Las Vegas.

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Cintas (Nasdaq: CTAS) has been recognized on the Forbes list of the Best Employers for Diversity 2024 for its efforts in creating a diverse and inclusive workplace. The company's commitment to diversity and inclusion has been acknowledged through extensive evaluations and surveys, reflecting its dedication to fostering an equitable work environment. This recognition highlights Cintas' ongoing efforts to champion diversity and promote a culture of inclusivity within the organization.

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Cintas (CTAS) announces a quarterly cash dividend of $1.35 per share, continuing its 41-year tradition of increasing dividends. The company focuses on providing products and services to businesses for cleanliness, safety, and appearance. Future dividends depend on various factors. Cintas is a Fortune 500 company traded on Nasdaq.
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Cintas (CTAS) partners with Google Cloud to enhance customer experience through Vertex AI Search. The partnership aims to develop a gen AI-powered internal knowledge center to empower employee-partners, improving customer service productivity, speed, and accuracy. The collaboration focuses on delivering remarkable and personalized value to customers by leveraging AI technology.
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Cintas (CTAS) invites public nominations for the 2024 America's Best Restroom contest, emphasizing clean and innovative restroom facilities. The contest criteria include cleanliness, visual appeal, innovation, functionality, and unique design elements. The winner receives a Cintas UltraClean restroom cleaning service and $2,500 in facility services. Last year's champion was Baltimore/Washington International Airport, praised for its spacious, private stalls, touchless fixtures, and smart restroom technology.
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Cintas (Nasdaq: CTAS) has been recognized as one of America’s Greatest Workplaces for Diversity 2024 by Newsweek for its ongoing commitment to fostering a diverse and inclusive work environment. The company has championed diversity, equity, and inclusion initiatives for over 20 years through programs like Partner Business Resource Groups (PBRGs) and supplier diversity efforts. Cintas was honored for its dedication to creating a workplace where employee-partners feel empowered, respected, and inspired, contributing to long-term business success.
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Cintas (CTAS) reported strong fiscal 2024 third-quarter results with a 9.9% revenue increase, 14.9% gross margin growth, and 22.0% net income rise. Operating income rose by 16.6%, and diluted EPS increased by 22.3%. The company raised its full-year revenue and EPS guidance. Cintas paid a 17.1% higher quarterly cash dividend to shareholders. The effective tax rate decreased to 19.9%.
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Cintas (CTAS) has been named to Forbes' list of America's Best Large Employers of 2024 for the second consecutive year. The recognition highlights Cintas' commitment to creating a collaborative and caring work environment. The company received exceptional feedback from employees, peers, and consumers, solidifying its position among industry giants like Microsoft and Delta Airlines.
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Cintas Corporation (CTAS) announces the top 10 finalists in its 11th annual Custodian of the Year contest. Public voting is now open until April 12. The winner will receive $10,000, and the winning school will get $5,000 in products and services. Additional prizes include facility assessments, training events, and cleaning supply packages.
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FAQ

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

The current stock price of Cintas (CTAS) is $186.94 as of December 20, 2024.

What is the market cap of Cintas (CTAS)?

The market cap of Cintas (CTAS) is approximately 73.8B.

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

73.76B
342.57M
15.06%
66.57%
1.65%
Specialty Business Services
Men's & Boys' Furnishgs, Work Clothg, & Allied Garments
Link
United States of America
CINCINNATI