Cintas Corp Stock Price, News & Analysis

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.

Cintas Corporation (Nasdaq: CTAS) announced the grand-prize winner of the 2021 Cintas S.H.I.N.E. Award, awarding Miriam Rodriguez Alvarez from Best Western Plus Villa Del Lago Inn in Patterson, California, a $5,000 cash prize. Her hotel will also receive over $11,300 in cleaning products and training packages. The award recognizes housekeepers who upheld cleanliness during the pandemic, with nine runners-up also awarded $500 each. Cintas continues to support the hospitality industry by providing essential products and services.

Cintas Corporation (NASDAQ: CTAS) has launched its new Skin Tone Bandages in collaboration with Tru-Colour®, featuring three shades: dark brown, brown, and beige. This initiative aims to enhance diversity in workplace injury treatment. Mark Carter, President and COO of Cintas First Aid & Safety, emphasizes the importance of these products in supporting customers' commitment to diversity and employee safety. Cintas operates over 80 locations and provides over 6 million safety products annually to more than a million businesses in North America.

Cintas Corporation (NASDAQ: CTAS) has launched new Skin Tone Bandages, developed in partnership with Tru-Colour®. These bandages come in three shades: dark brown, brown, and beige, promoting diversity in workplace health supplies. Each box features three compartments, enabling users to easily identify each shade. The initiative aligns with Cintas’ commitment to support diversity and inclusion while providing essential safety products. Cintas operates over 80 locations across North America, catering to businesses with over 6 million safety products annually.