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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.

Rhea-AI Summary
Cintas Corporation reports Q1 2024 results with revenue of $2.34 billion, an increase of 8.1% compared to last year. Gross margin increases by 11.0% and operating income increases by 13.7%. Net income is $385.1 million. Cintas increases full fiscal year revenue expectations to a range of $9.40 billion to $9.52 billion and diluted EPS to a range of $14.00 to $14.45.
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Cintas embraces and supports its Hispanic and Latin communities through TODOS, its Partner Business Resource Group (PBRG). TODOS provides innovative programming, community service opportunities, and career advancement support. It has been recognized as a top ERG by the U.S. Hispanic Chamber of Commerce. TODOS aims to drive total business performance and establish Cintas as the best place to work for the Hispanic and Latin community.
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Cintas Corporation is hiring for its new Cleanroom facility in Graham, N.C.
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Cintas Corporation named to Forbes' America's Best-in-State Employers list for the second year in a row.
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Cintas Corporation announces winners of its 2023 C.A.P.E. Awards honoring Environmental Services (EVS) technicians in healthcare facilities.
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Cintas Corporation to release FY2024 Q1 results on September 26, 2023
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Cintas Corporation's First Aid & Safety Division locations in Elk Grove Village, IL and Woodridge, IL have been recognized as VPP Star certified locations by OSHA's VPP Star Program.
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Cintas Corporation named to Forbes' Global 2000 list, ranking at No. 884, up from No. 976 in 2022.
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Cintas Corporation's Rental Division Location in St. Paul, MN receives Minnesota Star certification for safety and health management systems.
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Cintas Corporation's Rental Division Location in St. Paul, MN, receives Minnesota Star certification for safety and health management
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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