Cintas Corp. (CTAS) Tops Q1 EPS by 37c, Updates Guidance

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Go back to Cintas Corp. (CTAS) Tops Q1 EPS by 37c, Updates Guidance

Cintas Corporation Announces Fiscal 2022 First Quarter Results

September 29, 2021 8:30 AM EDT

CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2022 first quarter ended August 31, 2021. Revenue for the first quarter of fiscal 2022 was $1.90 billion compared to $1.75 billion in last years first quarter, an increase of 8.6%. The organic revenue growth rate for the first quarter of fiscal 2022, which adjusts for the impacts of acquisitions, divestitures and foreign currency exchange rate fluctuations, was also 8.6%. Diluted earnings per share (EPS) were $3.11 in the first quarter of fiscal 2022, an increase of 11.9% from last year's first quarter diluted EPS.

Gross margin for the first quarter... More