Cintas Corp. (CTAS) Tops Q1 EPS by 15c; Raises Outlook
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Cintas Corporation Announces Fiscal 2018 First Quarter Results
September 26, 2017 4:15 PM EDTCINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2018 first quarter ended August 31, 2017.
Revenue for the first quarter was $1.61 billion, an increase of 27.2% over last years first quarter. The organic growth rate, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 8.3%. The organic growth rates for the Uniform Rental and Facility Services and First Aid and Safety Services reportable operating segments were 8.1% and 11.9%, respectively.
Operating income for the first quarter of $249.1 million increased 22.1% from last years first quarter operating income of $203.9... More
