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Cintas Corporation - CTAS STOCK NEWS

Welcome to our dedicated news page for Cintas Corporation (Ticker: CTAS), a resource for investors and traders seeking the latest updates and insights on Cintas Corporation.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Cintas Corporation's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Cintas Corporation's position in the market.

Rhea-AI Summary
Cintas Corporation (Nasdaq: CTAS) has appointed Beverly K. Carmichael as an independent director to its Board of Directors, expanding the Board to 11 members. Carmichael brings over 30 years of experience in human resources and employment law, with a track record of building high-performance workforce cultures. Her previous roles include Executive Vice President at Red Robin Gourmet Burgers and Senior Vice President at Cracker Barrel Old Country Store. She has also held leadership positions at Ticketmaster, Rockwell Collins, and Southwest Airlines, and has served on the boards of public and private companies such as Viad Corp, Cotton Patch Cafe, Inc., and ezCater, Inc.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.95%
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Rhea-AI Summary
Cintas Corporation (NASDAQ:CTAS) has published its 2023 Sustainability Report, highlighting progress in reducing energy and emissions intensity, improving water usage efficiency, and maintaining worker safety. The report details the company's performance in fiscal year 2023, including achievements such as the lowest safety incident rate in company history, increased diversity among employee-partners, and significant reductions in greenhouse gas emissions, energy usage, and water consumption.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.95%
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Rhea-AI Summary
Cintas Corporation (Nasdaq: CTAS) has approved a quarterly cash dividend of $1.35 per share of common stock, continuing its 41-year history of raising dividends annually since its IPO in 1983. The company focuses on providing products and services to help businesses maintain clean, safe, and presentable facilities and employees. Cintas is a publicly held Fortune 500 company traded over the Nasdaq Global Select Market under the symbol CTAS and is a component of both the Standard & Poor’s 500 Index and Nasdaq-100 Index.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.05%
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dividends
Rhea-AI Summary
Cintas Corporation (Nasdaq: CTAS) was awarded the NETS Road Safety Achievement Award for Overall Road Safety at the annual Strength IN Numbers® Fleet Safety Benchmark Conference. The company was recognized for its Cintas Driver Safety Program, which focuses on improving the knowledge, skill, and driving habits of its employee-partners. The program includes new employee-partner training, ongoing training for all partners, and collaboration with Smith System for driver training since 2003.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.75%
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Rhea-AI Summary
Cintas (CTAS) Partners with Project SEARCH to Ensure Disability Inclusion
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.81%
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.55%
Tags
earnings
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
earnings
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Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
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none
Rhea-AI Summary
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.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.03%
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Cintas Corporation

Nasdaq:CTAS

CTAS Rankings

CTAS Stock Data

69.70B
86.09M
15.04%
67.87%
1.58%
Fire Protection
Public Administration
Link
United States
Cincinnati

About CTAS

headquartered in cincinnati, cintas corporation provides highly specialized services for businesses throughout the world. businesses, large and small, trust us to handle their uniform, facility services, first aid and safety, fire protection, cleanroom, document management and promotional products needs with consistency and integrity. social media community guidelines: we love hearing your thoughts and welcome your opinions and communication with our company. the cintas linkedin page is a community for our employee-partners and our followers to actively engage with cintas and each other. please note that comments, videos and pictures posted to the cintas linkedin page are not representative of the opinions of cintas. we do not confirm the accuracy of any postings. cintas reserves the right to review and delete any follower posting for any or no reason, including any posting we determine in our sole discretion is inappropriate, offensive, or otherwise violates our terms of use.