Cintas Corp. (CTAS) Tops Q2 EPS by 12c; Offers FY24 Guidance

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Go back to Cintas Corp. (CTAS) Tops Q2 EPS by 12c; Offers FY24 Guidance

Cintas Corporation Announces Fiscal 2024 Second Quarter Results

December 21, 2023 8:30 AM EST

CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2024 second quarter ended November 30, 2023. Revenue for the second quarter of fiscal 2024 was $2.38 billion compared to $2.17 billion in last years second quarter, an increase of 9.3%. The organic revenue growth rate for the second quarter of fiscal 2024, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 9.0%.

Gross margin for the second quarter of fiscal 2024 was $1.14 billion compared to $1.02 billion in last years second quarter, an increase of 11.6%. Gross margin as a percentage of... More