Cintas Corp. (CTAS) Tops Q4 EPS by 20c, Offerfs Guidance

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Go back to Cintas Corp. (CTAS) Tops Q4 EPS by 20c, Offerfs Guidance

Cintas Corporation Announces Fiscal 2024 Fourth Quarter and Full Year Results

July 18, 2024 8:30 AM EDT

CINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2024 fourth quarter ended May 31, 2024. Revenue for the fourth quarter of fiscal 2024 was $2.47 billion compared to $2.28 billion in last years fourth quarter, an increase of 8.2%. The organic revenue growth rate for the fourth quarter of fiscal 2024, which adjusts for the impacts of acquisitions, foreign currency exchange rate fluctuations and workday differences, was 7.5%.

Gross margin for the fourth quarter of fiscal 2024 was $1,215.4 million compared to $1,088.8 million in last years fourth quarter, an increase of 11.6%. Gross margin as a... More