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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.

News

11th Annual Nationwide Cintas Custodian of the Year Contest Now Accepting Nominations

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Cintas Corporation launches its 11th annual Cintas Custodian of the Year contest, honoring exceptional school custodians. The winner will receive $10,000 and the winner's school will receive $5,000 in Cintas and Rubbermaid products and services, as well as a facility assessment and Cleaning Industry Management Standard (CIMS) Advanced by GBAC certification from ISSA. The other nine finalists will receive $1,000 each and additional benefits. Nominations are open to all elementary, middle, high school, college, and university custodians who have worked at their school for at least two years.
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SEARCHing for the Right Employee-Partners

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Cintas (CTAS) Partners with Project SEARCH to Ensure Disability Inclusion
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Cintas Corporation Announces Fiscal 2024 Second Quarter Results

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Cintas Corporation (Nasdaq: CTAS) reported a 9.3% increase in revenue for the second quarter of fiscal 2024, reaching $2.38 billion. Gross margin also increased by 11.6% to $1.14 billion, and net income rose to $374.6 million. The effective tax rate for the second quarter was 20.9%, and diluted EPS grew by 15.7% to $3.61. Cintas increased its quarterly cash dividend by 17.1% and repurchased shares totaling $320.3 million. The company raised its annual revenue expectations and diluted EPS guidance for fiscal 2024.
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Cintas Corporation Announces Webcast for Second Quarter Fiscal Year 2024 Results

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Cintas Corporation (Nasdaq:CTAS) will release fiscal year 2024 second quarter results on December 21, 2023. A conference call and live webcast will be available to address the financial results, with a replay available on the company's website.
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Cintas Corporation Named One of Newsweek's 2024 America's Most Responsible Companies

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Cintas Corporation (NASDAQ:CTAS) has been honored among Newsweek's 2024 America's Most Responsible Companies for the third consecutive year. The company's commitment to environmental, social, and corporate governance leadership has been recognized through its holistic approach to corporate responsibility. Cintas will publish its 2023 ESG Report in January 2024, further emphasizing its dedication to sustainability and ethical business practices.
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Cintas Corporation Named One of Newsweek’s 2024 America’s Most Responsible Companies

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Cintas Corporation (Nasdaq: CTAS) has been honored among Newsweek’s 2024 America’s Most Responsible Companies for the third consecutive year. The company's dedication to environmental, social, and governance leadership has earned it a place on the list, which is based on a holistic view of corporate responsibility. Cintas' sustainable business model, commitment to minimizing its environmental footprint, and dedication to maintaining ethical and commendable business practices have been recognized by Newsweek. The company's 2023 ESG Report will be published in January 2024.
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Cintas Corporation earns 2024 Military Friendly® Employer Designation

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Cintas Corporation (Nasdaq: CTAS) has been recognized as a 2024 Bronze Military Friendly Employer and a Military Spouse Friendly Employer for the third and second year in a row, respectively. The company's commitment to creating sustainable economic benefits for the military community is evident through its talent development strategy and overall Diversity, Equity, and Inclusion strategy. Cintas aims to provide meaningful opportunities for veterans and military-affiliated employee-partners, recognizing their strengths in teamwork, work ethic, self-motivation, and critical thinking. With over 400 operational facilities across the United States and Canada, Cintas is dedicated to recruiting, hiring, and training military veterans, offering continuous meaningful employment opportunities for military spouses.
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Cintas Opens New Cleanroom Facility in Milwaukee Area

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Cintas Corporation (Nasdaq: CTAS) opens a state-of-the-art Cleanroom facility in Menomonee Falls, Wisconsin, supporting high-growth and innovation industries in the region. The facility will create more than 25 new jobs in the next few months. The Cleanroom process removes particulates from specialized employee workwear required in highly controlled high-tech manufacturing, research, and testing environments.
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Cintas Launches Bleeding Control Training

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Cintas Corporation (Nasdaq: CTAS) launches Bleeding Control Training Program to equip businesses with life-saving skills and knowledge. The hands-on training covers scene safety, PPE usage, wound identification, tourniquet application, and wound packing, aiming to help employees respond effectively to life-threatening bleeding. The program also includes high-quality bleeding control products for businesses.
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Cintas Corporation Announces Quarterly Cash Dividend

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Cintas Corporation announces quarterly cash dividend of $1.35 per share of common stock payable on December 15, 2023 to shareholders of record at the close of business on November 15, 2023.
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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.

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Cintas Corp

Nasdaq:CTAS

CTAS Rankings

#178 Ranked by Market Cap
#1893 Ranked by Dividends

CTAS Stock Data

73.76B
342.57M
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