Cintas Corporation (CTAS) Tops Q1 EPS by 3c, Offers FY16 Guidance
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Cintas Corporation Announces Fiscal 2016 First Quarter Results
September 24, 2015 4:15 PM EDTOrganic Revenue Up 6.8% and Operating Income Increased 13.5%
CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) today reported results for its first quarter of fiscal year 2016 ended August 31, 2015.
Revenue for the first quarter was $1.20 billion, an increase of 8.8% over the prior year period. Organic growth, which adjusts for the impacts of acquisitions, workday differences and foreign currency exchange rate fluctuations, was 6.8%.
Operating income for the first quarter of fiscal year 2016 of $185.5 million increased 13.5% from the prior year period. Operating income margin improved seventy basis points to 15.5% from 14.8% of revenue... More
