Cintas Corp Stock Price, News & Analysis

Cintas Corporation (Nasdaq: CTAS) has declared a quarterly cash dividend of $0.95 per share, effective September 15, 2021, marking a significant 26.7% increase from the previous dividend. This growth underlines Cintas's strong commitment to returning value to shareholders. Additionally, the Board approved a new share buyback program worth $1.5 billion, enabling the company to repurchase shares at its discretion. Cintas reported record revenue and earnings per share for fiscal 2021, demonstrating robust financial health and confidence in future growth.

Cintas Corporation (NASDAQ: CTAS) has released five essential tips for restaurants preparing for an increase in foot traffic as COVID-19 restrictions ease. Key recommendations include outsourcing laundry services, stocking cleaning supplies and PPE, conducting regular deep cleaning of restrooms, maintaining kitchen drain lines, and installing touchless dispensers. Cintas emphasizes the importance of upholding cleanliness standards to meet customer expectations. These services are part of Cintas's offerings aimed at helping businesses maintain hygiene and operational efficiency.

Cintas Corporation (NASDAQ: CTAS) announces the finalists for the 2021 America’s Best Restroom® contest, celebrating innovative public restrooms across the U.S. The competition features 10 finalists, including locations like JFK Airport’s Terminal 4 and Two Cities Pizza in Cincinnati. Voting is open until August 20 at www.bestrestroom.com/us/. The winner receives recognition in the America’s Best Restroom Hall of Fame along with $2,500 in restroom services. Last year's winner was Bancroft Park in Colorado Springs.

Cintas Corporation (CTAS) reported strong financial results for the fourth quarter of fiscal 2021, ending May 31, 2021. Revenue reached $1.84 billion, up from $1.62 billion year-over-year, while diluted earnings per share soared 83.0% to $2.47. The organic revenue growth rate was 11.5%, with the Uniform Rental and Facility Services segment growing 13.7%. Operating income increased 71.8% to $356.4 million, representing 19.4% of revenue. For fiscal 2022, Cintas expects revenue between $7.53 billion and $7.63 billion and diluted EPS of $10.35 to $10.75.

Cintas Corporation has been ranked sixth on the 2021 Selling Power 50 Best Companies to Sell For list, moving up from seventh place in 2020. This recognition marks the 16th consecutive year Cintas has appeared on the list and highlights the company's commitment to training successful sales representatives. The ranking is based on four main categories: compensation and benefits, sales culture, onboarding, and sales training. Cintas aims to support over one million businesses by providing essential products and services.

Cintas Corporation (Nasdaq: CTAS) will release its fiscal year 2021 fourth quarter results on July 15, 2021, before market opening. A conference call to discuss the results will commence at 10:00 a.m. Eastern Time the same day, which will also be available via a live webcast. Cintas provides essential services including uniforms, cleaning supplies, and safety products to over one million businesses, aiming to keep them 'Ready for the Workday®'. The replay of the call will be accessible two hours post-event on the company’s website for two weeks.

The National Fallen Firefighters Foundation (NFFF) has partnered with Cintas Corporation (Nasdaq: CTAS) to enhance support for families of fallen firefighters. Cintas will sponsor the National Stair Climb in Belmont Park, funding initiatives that aid families and support FDNY programs. The partnership includes offering educational courses through NFFF's Prevent the Preventable programs aimed at improving community fire safety. Cintas is recognized for its leadership in fire protection services, and this collaboration is expected to significantly impact firefighter safety and community resource sharing.