Cintas Corp Stock Price, News & Analysis

Cintas Corporation (Nasdaq: CTAS) has declared a quarterly cash dividend of $1.15 per share, payable on December 15, 2022, to shareholders on record as of November 15, 2022. This marks Cintas' commitment to returning capital to shareholders, with consistent annual increases in dividends since its IPO in 1983. Future dividends will depend on the Board of Directors' discretion and various financial factors.

Cintas Corporation (NASDAQ: CTAS) awarded Tampa International Airport the title of America's Best Restroom in 2022. The airport won a $2,500 prize in Cintas products and services, including restroom cleaning services. This recognition reflects the airport's commitment to exceptional restroom facilities and hygiene. The airport plans to donate the prize to communities affected by Hurricane Ian. The annual contest celebrates innovative and hygienic public restrooms, highlighting the importance of cleanliness and design in enhancing visitor experiences.

Cintas Corporation (NASDAQ: CTAS) will attend the J.P. Morgan Ultimate Services Investor Conference in New York City on November 17, 2022. Executive Vice President and CFO Mike Hansen, along with Vice President Paul Adler, will engage in a fireside chat and hold one-on-one meetings. Cintas provides essential services to over one million businesses, offering products like uniforms, safety training, and restroom supplies, thereby helping them stay prepared for daily operations.

Cintas Corporation (CTAS) reported a strong fiscal 2023 first quarter, with revenue rising to $2.17 billion, a 14.2% increase from $1.90 billion in the prior year. The company achieved organic revenue growth of 13.9%, while operating income grew 15.2% to $440.1 million. Net income reached $351.7 million, resulting in a diluted EPS of $3.39, up from $3.11. Cintas raised its full-year revenue guidance to between $8.58 billion and $8.67 billion, and adjusted diluted EPS guidance to $12.30 to $12.65.

Cintas Corporation (NASDAQ: CTAS) announced its 2022 C.A.P.E. Award winners during the Environmental Services Week, held from September 11-17. Ten technicians were honored for their outstanding contributions to patient care, each receiving a cash prize of $2,500 and an additional $2,500 donation to their healthcare institution. The winners participated in a rigorous selection process, showcasing over 700 inspiring stories. Cintas, alongside the Association for the Healthcare Environment, will also provide training scholarships for the technicians and their designated trainers to enhance professional development.

Cintas Corporation (NASDAQ:CTAS) will release its fiscal year 2023 first quarter results on September 28, 2022. Following the announcement, a conference call will be held to discuss these financial results at 10:00 a.m. Eastern Time. The live webcast will be accessible to the public on the company’s website, with a replay available for two weeks post-event. Cintas serves over one million businesses with products ensuring cleanliness and safety, including uniforms and safety training.

Cintas Corporation (Nasdaq: CTAS) recently awarded $50,000 to four Cincinnati-area charitable organizations during the LPGA Queen City Championship’s pre-tournament events, highlighting women's leadership. The funds were distributed as follows: First Tee of Greater Cincinnati/Northern Kentucky received $20,000, Dress for Success Cincinnati $15,000, Fernside Center for Grieving Children $10,000, and SCRATCHgolf $5,000. Cintas aims to support local charities and promote female leadership through initiatives like the 'Queen City Game Changers' program, which prepares women for executive roles.

Cintas Corporation (NASDAQ: CTAS) has launched nominations for the 2022 Cintas S.H.I.N.E. Awards, recognizing the efforts of housekeeping professionals in the hospitality industry amid staffing challenges post-pandemic. The grand prize winner will receive a $5,000 cash prize, alongside cleaning products, training packages, and additional awards for their property. The awards aim to highlight the critical role of these professionals in maintaining cleanliness and safety, encouraging nominations until October 14, 2022.

Cintas Canada, Ltd. has announced Majesty and Friends from Edmonton as the winner of the 2022 Canada's Best Restroom contest, receiving $2,500 in Cintas products and services. The contest recognizes businesses with exceptional public washrooms, and Majesty and Friends will be honored in the Hall of Fame. The boutique, known for its vibrant and inviting design, actively promoted the contest on social media to encourage public voting. The contest finalists were judged based on cleanliness, design, and functionality, highlighting the importance of clean facilities for customer perception.