Cintas Corp Stock Price, News & Analysis

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.

Cintas Corporation (NASDAQ: CTAS) recently recognized Eric Sandmann, a Service Sales Representative in Omaha, Nebraska, for his sales achievements by awarding him a 2021 Silverado Carhartt Edition truck. This prize was part of a 10-month customer awareness program aimed at promoting collaboration between Cintas and Carhartt. The event took place at Cintas’ corporate headquarters in Mason, Ohio, where Sandmann celebrated alongside other finalists. Cintas continues to be the exclusive provider of Carhartt rental workwear, enhancing its partnership with the renowned workwear brand.

Cintas Corporation (NASDAQ: CTAS) has declared a quarterly cash dividend of $0.95 per share, payable on December 15, 2021, to shareholders on record as of November 15, 2021. This marks the company's ongoing commitment to returning capital to shareholders, with continuous annual dividend increases since its IPO in 1983. Future dividends will depend on the company's operating results and financial conditions, among other factors.

Cintas Corporation (NASDAQ: CTAS) has collaborated with British designer Gareth Pugh to launch a modern wardrobe collection for the crew of Virgin Voyages' first ship, Scarlet Lady. This sustainable collection features garments tailored for various job functions and climates, breaking traditional cruise fashion stereotypes. The initiative highlights the importance of employee comfort in enhancing passenger experience as the cruise industry recovers. Cintas’s Design Collective aims to redefine cruise fashion while ensuring functional and stylish apparel for crew members.

Cintas Corporation (CTAS) reported an 8.6% increase in revenue for Q1 FY2022, totaling $1.90 billion, compared to $1.75 billion last year. The company achieved a diluted EPS of $3.11, up 11.9% from $2.78. Gross margin was $902.8 million, with a margin percentage of 47.6%. Operating income rose 12.7% to $394.1 million, representing 20.8% of revenue. Cintas announced a 26.7% increase in dividends, paying $0.95 per share. The company raised its revenue guidance for FY2022 to $7.58-$7.67 billion and EPS to $10.60-$10.90.

Cintas Corporation (NASDAQ: CTAS) announced Two Cities Pizza from Mason, OH, as the winner of the 2021 America’s Best Restroom contest. This win includes a Cintas UltraClean restroom cleaning service and $2,500 in products for restroom management. The contest celebrates innovative public restrooms and was open to public voting from July 19 to August 20, featuring 10 finalists. Sean Mulcahey of Cintas emphasized the importance of restroom hygiene in exceeding customer expectations. For more details, visit bestrestroom.com/us/.