Cintas Corp Stock Price, News & Analysis

Cintas Corporation (CTAS) will release its fiscal year 2022 third quarter financial results on March 23, 2022, before market opening. The company will host a conference call discussing these results, available via live webcast starting at 10:00 a.m. Eastern Time on the same day. Investors can access the webcast on Cintas.com. A replay will be available for two weeks following the live event. Cintas provides various services, including uniforms and sanitizing products, to more than one million businesses, helping them get Ready for the Workday®.

Cintas Corporation (NASDAQ: CTAS) is accepting nominations for its ninth-annual Custodian of the Year contest until March 1. This initiative recognizes custodians' vital roles in ensuring clean and healthy learning environments, especially during the pandemic. The winner will receive $10,000, while their school benefits from $5,000 in products and a $30,000 training package. Nominations should be submitted in 500 words or less, and the top 10 finalists will be announced on March 15.

Cintas Corporation (NASDAQ: CTAS) has announced a quarterly cash dividend of $0.95 per share, payable on March 15, 2022, to shareholders of record as of February 15, 2022. This reflects the company’s strong history of returning capital to shareholders, with consistent annual dividend increases since its IPO in 1983. Future dividend declarations will depend on the Board of Directors' assessment of operating results, financial condition, and other relevant factors.

Cintas Corporation (Nasdaq: CTAS) reported a strong financial performance for Q2 fiscal 2022, with revenue rising to $1.92 billion, a 9.4% increase from $1.76 billion in Q2 2021. Organic revenue growth was 9.3%. Gross margin reached $885.1 million (46.0% of revenue), slightly down from 46.7% in the previous year. Operating income improved to $381.2 million, with diluted EPS up to $2.76 from $2.62. Cintas raised its fiscal 2022 guidance for revenue to between $7.63 billion and $7.70 billion and diluted EPS to between $10.70 and $10.95.

Cintas Corporation (Nasdaq: CTAS) plans to release its fiscal year 2022 second quarter results on December 22, 2021, before market opening. A conference call will take place at 10:00 a.m. ET on the same day, accessible via a live webcast at www.Cintas.com. For those unable to attend live, a replay will be available for two weeks after the event. Cintas provides essential products and services to help over one million businesses maintain cleanliness and safety standards.

Cintas Corporation (Nasdaq: CTAS) highlights the importance of hand hygiene this cold and flu season as National Handwashing Awareness Week approaches from December 5 to 11. With more individuals returning to schools and offices, the company provides essential tips for businesses to reduce germ spread. Recommendations include promoting regular handwashing, keeping hygiene supplies adequately stocked, frequent cleaning of high-touch surfaces, and professional deep cleaning services for restrooms. The initiative supports Cintas' commitment to helping businesses maintain a safe and clean environment.