Welcome to our dedicated page for Cintas news (Ticker: CTAS), a resource for investors and traders seeking the latest updates and insights on Cintas stock.
Cintas Corporation (Nasdaq: CTAS) regularly issues news and updates that reflect its role as a large provider of uniforms, facility services, first aid and safety products, and fire protection offerings. Headquartered in Cincinnati, Ohio and serving more than one million business customers, the company uses press releases to communicate financial results, capital allocation decisions, corporate events and safety-related initiatives.
On this page, readers can follow Cintas news such as quarterly and annual earnings releases, which detail revenue trends, segment performance and margin metrics. The company also announces webcasts for its earnings calls, allowing investors and interested parties to hear management discuss results and guidance. Form 8-K filings often accompany these releases, formally reporting results of operations and financial condition.
Cintas news also covers board and shareholder actions, including dividend declarations, share repurchase authorizations and outcomes of annual shareholder meetings. For example, the company has announced increases in its quarterly cash dividend and new stock buyback authorizations, and it reports shareholder voting results on director elections, advisory votes on executive compensation and auditor ratification.
Beyond financial items, Cintas issues releases about its participation in investor conferences and its recognition in rankings such as the Forbes Global 2000 list. The company also highlights community and safety initiatives, including events like the Cincinnati 9/11 Memorial Stair Climb in support of the National Fallen Firefighters Foundation.
In addition, Cintas uses news releases to communicate strategic proposals, such as its non-binding proposal to acquire UniFirst Corporation, outlining the rationale, proposed terms and regulatory considerations. Investors, analysts and customers can use this news feed to monitor developments in Cintas’ operations, strategy, capital allocation and safety-focused activities.
Cintas (CTAS) reported strong fiscal 2025 third quarter results, with revenue reaching $2.61 billion, an 8.4% increase from last year's $2.41 billion. The company achieved a 7.9% organic revenue growth rate, with acquisitions contributing 0.9% and foreign currency exchange rates impacting negatively by 0.4%.
Gross margin improved to $1.32 billion, up 11.1% year-over-year, with margin percentage increasing 120 basis points to 50.6%. Operating income grew 17.1% to $609.9 million, benefiting from a $15.0 million gain on property sale. Net income rose 16.6% to $463.5 million, with diluted EPS increasing 17.7% to $1.13.
The company updated its fiscal 2025 guidance, narrowing revenue expectations to $10.280-$10.305 billion and raising diluted EPS guidance to $4.36-$4.40. Cintas also increased its quarterly dividend by 14.9% to $158.1 million.
Cintas (CTAS) has announced the termination of discussions with UniFirst (UNF) regarding a proposed acquisition. The offer valued UniFirst at $275.00 per share in cash, representing a 46% premium over UniFirst's ninety-day average closing price as of January 6, 2025.
According to CEO Todd Schneider, despite several weeks of engagement with UniFirst and its advisors, the companies were unable to reach an agreement on key transaction terms. Cintas maintains that the proposed deal would have delivered significant value for both customers and shareholders.
Moving forward, Cintas will continue its growth strategy through disciplined M&A activities and investments in technology initiatives to drive innovation and efficiency.
Cintas (CTAS) has been named one of America's Best Large Employers by Forbes for the third consecutive year in 2025. The recognition stems from outstanding feedback received from employee-partners, consumers, and industry peers.
The selection process involved an independent survey conducted by Forbes and Statista, encompassing over 217,000 U.S. employees from companies with at least 1,000 employees. Out of 2,000 qualifying public companies, only 300 made the final ranking, with over 6.5 million employer evaluations considered.
The final scores were determined through two types of evaluations: personal feedback from employees and public feedback from friends, family members, and industry professionals. Cintas has also earned positions on Forbes' Canada's Best Employers 2025 and FORTUNE's World's Most Admired Companies 2025 lists.
Cintas (CTAS) has scheduled the release of its fiscal year 2025 third quarter financial results on Wednesday, March 26, 2025. The company will host a conference call to discuss the results, accompanied by a live webcast starting at 10:00 a.m. Eastern Time on the same day.
Investors and the public can access the webcast through the company's website at www.Cintas.com by following the webcast icon. For those unable to attend the live session, a replay will be made available on Cintas's website approximately two hours after the call concludes and will remain accessible for two weeks.
Cintas (Nasdaq: CTAS) has been awarded the prestigious Uptime Award for Best Competency-Based Learning (CBL) Program at the International Maintenance Conference in Marco Island, Florida. The recognition highlights Cintas' successful Reliability Program, which focuses on a four-part equation supporting equipment safety, product quality, process efficiencies, and environmental compliance.
Mark Bolen, Vice President of Engineering and Sustainability, emphasized how the program enhances safety, productivity, and operational quality across facilities. Eric Ayanegui, Senior Director of Operations Engineering, highlighted the program's success through mentorship, industry-leading tools, and financial investment.
This marks Cintas' fourth Uptime Award, following previous wins for:
- Best Safety in Maintenance (2017)
- Best Leadership for Reliability (2019)
- Best Reliability Program (2021)
- Best Competency-Based Learning (2024)
Cintas (CTAS) has achieved recognition as one of Canada's Best Employers by Forbes, securing a place among 300 distinguished companies. The recognition came through a comprehensive survey conducted by Forbes and market research firm Statista, involving over 40,000 Canada-based employees from companies with at least 500 employees in Canada.
The survey evaluated employers based on multiple criteria, including salary, work flexibility, training programs, and advancement opportunities. Participants were asked about their willingness to recommend their current and past employers, as well as other companies they were familiar with through industry experience or personal connections.
Todd Schneider, President & CEO of Cintas, emphasized the important role of Canadian employee-partners in helping customers prepare for the workday. Max Langenkamp, SVP and CHRO of Cintas Canada, highlighted that this recognition reflects the company's belief in its people as the driving force behind its success.
Cintas (Nasdaq: CTAS) has been named one of FORTUNE's Most Admired Companies for 2025, marking its 17th recognition and fourth consecutive year on this prestigious list. The award acknowledges the company's strong reputation, innovation, and ongoing success in the business services sector.
Todd Schneider, Cintas President and CEO, attributed this achievement to the company's exceptional culture and the dedication of their employee-partners in exceeding customer expectations. The selection process, conducted by Korn Ferry, involved executives, directors, and analysts rating companies within their industries across nine criteria, including investment value, management quality, product quality, social responsibility, and talent attraction. Companies must rank in the top half of their industry survey to be listed.
Cintas (CTAS) has released its Fiscal Year 2024 Sustainability Report, highlighting significant progress in environmental and social sustainability initiatives. The company achieved several notable milestones, including:
- Recording its lowest-ever safety incident rate (TRIR) of 1.35
- Increasing U.S. employee-partners with self-reported minority status to 45.7%
- Reducing emissions intensity by 40% since fiscal 2019
- Returning over 90% of withdrawn water to municipalities
- Offering more than 200 styles of recycled material apparel
CEO Todd Schneider emphasized the company's commitment to 'A Shared Drive for Better' through operational improvements benefiting employee-partners, customers, and shareholders. Mark Bolen, VP of Engineering and Sustainability, reinforced the importance of ethical business practices and continuous improvement in creating lasting impact.
Cintas (CTAS) has declared a quarterly cash dividend of $0.39 per share, payable on March 14, 2025, to shareholders of record as of February 14, 2025. The company has maintained a consistent track record of raising dividends annually since its initial public offering in 1983, marking 41 years of consecutive dividend increases.
As a Fortune 500 company listed on the Nasdaq Global Select Market, Cintas provides essential business services to over one million customers, including uniforms, facility supplies, and safety products. The company is a component of both the S&P 500 and Nasdaq-100 indices.
Cintas (CTAS) has launched its 12th annual Custodian of the Year contest, accepting nominations through February 7 for exceptional school custodians across the United States. The winning custodian will receive $10,000, while their school will get $5,000 in Cintas and Rubbermaid products and services, plus a facility assessment and CIMS Advanced certification valued at $20,000.
Nine finalists will each receive $1,000 from Cintas, cleaning supplies from Rubbermaid, and complimentary tuition to an ISSA Cleaning Management Institute virtual training event worth $1,500. The top three finalists will receive an all-expense-paid trip to the ISSA Show North America in Las Vegas. The contest is open to custodians with at least two years of service at elementary, middle, high schools, colleges, and universities.
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