Cintas Corporation (CTAS) has been benefiting from strong segmental performances and product enhancement efforts despite increasing costs and forex woes.Let’s discuss the factors that should influence investors to retain the stock for now.Growth CatalystsBusiness Strength: Solid momentum in the health care, education and government verticals is driving revenues at the Uniform Rental and Facility Services segment. The segment’s revenues rose 7.9% year over year in the first six months of fiscal 2024 (ended N ...

The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Cintas (CTAS) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.Cintas is one of 227 companies in the Industrial Products group. The Industrial Products group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector R ...

CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) has acquired SITEX, a Kentucky-based, family-owned supplier of uniform and facility service programs. SITEX was founded by the Sights family in Henderson, Kentucky in 1961. Currently, Wes Sights serves as CEO of SITEX, which has five different locations servicing customers in a four-state region, including Illinois, Indiana, Kentucky and Tennessee. “The Sights family has grown SITEX into a strong regional provider of quality apparel and faci ...

Investors might want to bet on Cintas (CTAS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find it ...

CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) has been named one of FORTUNE’s 2024 World’s Most Admired Companies, ranking second amongst all companies in the Diversified Outsourcing Services category. This is the 16th time that Cintas has been recognized by FORTUNE for this honor. “We are proud to be recognized by our peers and industry experts as a well-run and successful organization,” said Todd Schneider, Cintas President and CEO. “Being recognized again for this award is a reflecti ...

Consistent sales growth is key, as it’s the foundation of generating profits. Strong revenue generation allows companies to achieve scaling efficiencies, generate continuous shareholder value, and many other clear benefits.And when it comes to top line strength, three companies – Eagle Materials (EXP) , Cintas (CTAS) , and Haemonetics (HAE) – have all meaningfully expanded their revenues over the years.   All three have seen recent positive earnings estimate revisions, reflecting optimism among analysts. Fo ...

For those looking to find strong Industrial Products stocks, it is prudent to search for companies in the group that are outperforming their peers. Has Cintas (CTAS) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Cintas is one of 227 companies in the Industrial Products group. The Industrial Products group currently sits at #4 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of our 16 individual sector groups by measuri ...

CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today appointed Beverly K. Carmichael to its Board of Directors, effective immediately. This appointment expands Cintas’ Board to 11 Directors. “Beverly brings valuable skills and experience in areas that are highly relevant for Cintas today, further enhancing the capabilities of our Board,” said Scott D. Farmer, Cintas Executive Chairman. “Beverly’s outstanding track record building differentiated, high-performance workforce cultures will he ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ☑ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 0-11399 Cintas Corporation (Exact name of registrant as specified in its charter) (State or Other Jurisdiction of Incorporation or Organizatio ...

Cintas Corporation (NASDAQ:CTAS) Q2 2024 Earnings Call Transcript December 21, 2023 10:00 AM ET Company Participants Jared Mattingley - VP, Treasurer & IR Todd Schneider - President & CEO Mike Hansen - EVP & CFO Conference Call Participants Ashish Sabadra - RBC Manav Patnaik - Barclays Capital Joshua Chan - UBS Heather Balsky - Bank of America Andy Wittmann - RW Baird George Tong - Goldman Sachs Tim Mulrooney - William Blair Andrew Steinerman - JPMorgan Securities Jasper Bibb - Truist Securities Faiza Alwy ...