Cintas Corporation (CTAS) reported second-quarter fiscal 2025 (ended Nov. 30, 2024) earnings of $1.09 per share, which beat the Zacks Consensus Estimate of $1.01. The bottom line increased 21.1% year over year despite an increase in operating costs.Total revenues of $2.562 billion marginally outperformed the consensus estimate of $2.56 billion. The top line rose 7.8% year over year, driven by higher segmental revenues. Organic sales were up 7.1% year over year.Stay up-to-date with all quarterly releases: Se ...

Core Insights - Cintas reported solid Q2 results with $2.56 billion in revenue, reflecting a 7.8% year-over-year increase, driven by growth in both the core uniform segment and the smaller Other segment [1][9] - The company raised its revenue and earnings guidance, indicating a positive outlook for future performance [2] - Cintas maintains a strong dividend profile with an annual dividend of $1.56 and a remarkable 92.59% annualized three-year dividend growth [3][10] Financial Performance - The gross margin expanded by 180 basis points and the operating margin by 210 basis points, contributing to a 19.7% increase in net income [9] - Free cash flow improved significantly, up by 35% in the first half of the year [9] - The company has a dividend payout ratio of 39.39% and a long-term liability less than 1x, indicating a healthy balance sheet [11] Market Sentiment - Analysts have shifted consensus sentiment to Hold from Moderate Buy, with a price target revision suggesting a potential market price of $200 in 2025, indicating a possible 30% gain from current levels [5][8] - Despite a recent stock price correction, there is optimism that the stock may be near its bottom, presenting a buying opportunity [7] Capital Returns - Cintas is recognized for its reliable and growing capital returns, including dividends and share repurchases, which have reduced share count by an average of 0.6% [4][10] - The company has a strong track record of dividend increases, maintaining a 42-year history of dividend growth [10]

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Key TakeawaysCintas shares tumbled Thursday as the provider of uniforms and other business supplies reported a decline in direct sales of its uniforms and warned about pricing.Second-quarter revenue and profit topped analysts' estimates.Shares of Cintas sank to their lowest level since August. Cintas (CTAS) shares tumbled nearly 10% intraday Thursday as the provider of uniforms and other business supplies reported a decline in direct sales of its uniforms and warned about pricing. In a transcript of the com ...

Financial Data and Key Metrics - Total revenue for Q2 2025 grew 7.8% to $2.56 billion, an all-time high for quarterly revenue [6] - Organic growth rate adjusted for acquisitions and FX fluctuations was 7.1% [7] - Gross margin increased 11.8% YoY to 49.8%, just below the all-time high set in Q1 [8] - Operating income as a percentage of revenue reached a record 23.1%, up 18.4% YoY [8] - Diluted EPS grew 21.1% to $1.09 [9] - Free cash flow for the first six months increased 34.9% YoY [9] Business Line Performance - Uniform Rental and Facility Services grew 6.9% organically [17] - First Aid and Safety Services grew 12.3% organically [17] - Fire Protection Services grew 10% organically [17] - Uniform Direct Sales declined 9.2% [17] - Gross margin by business: Uniform Rental and Facility Services (49.1%), First Aid and Safety Services (57.3%), Fire Protection Services (49.9%), Uniform Direct Sales (41.2%) [18] Market Performance - Strong demand across all markets, particularly in healthcare, hospitality, education, and state/local government verticals [7][8] - The company continues to deepen its value proposition in these verticals, which are performing above normal operating levels of growth [86] Strategy and Industry Competition - The company is focused on operational excellence, leveraging technology investments, and optimizing routes and energy usage [9][11] - Strategic investments in customers and employee partners are key priorities, alongside returning capital to shareholders through dividends and share buybacks [10][12] - The company is actively pursuing M&A opportunities, particularly in route-based businesses, to expand its customer base and extract synergies [62][142] Management Commentary on Operating Environment and Future Outlook - Management is confident in the company's ability to deliver long-term value, citing strong momentum and a differentiated culture [14] - The company updated its annual revenue guidance to $10.255 billion to $10.32 billion, representing a growth rate of 6.9% to 7.5% [13] - Diluted EPS guidance was updated to $4.28 to $4.34, reflecting a growth rate of 12.9% to 14.5% [13] - Management noted that obtaining price increases has become more challenging, but the company is still achieving historical levels of price increases [41][66] Other Important Information - The company paid a quarterly cash dividend of $0.39 per share [12] - Net interest expense for fiscal 2025 is expected to be approximately $101 million, up from $95 million in fiscal 2024 due to higher variable rate debt [25] - The effective tax rate for fiscal 2025 is expected to be 20.2% [25] Q&A Summary Question: Why was the high-end of the organic growth guide lowered? - The high-end of the organic growth guide was lowered from 8.1% to 7.7%, but the implied growth rate for the back half of the year remains unchanged at 6.6% to 7.9% [28][33] - The adjustment reflects fine-tuning around the edges rather than a significant change in outlook [35] Question: What drove the strong incremental EBITDA margins in the quarter? - The strong incremental EBITDA margins of 60% were driven by robust revenue growth and operational efficiencies, with no one-off factors contributing [36][38] Question: How is pricing trending compared to historical levels? - Price increases have returned to historical levels of 0% to 2%, down from higher levels during peak inflation [41][152] Question: What is the impact of proposed tariffs on material costs? - The company is closely monitoring tariff proposals but is well-positioned with a dual-sourced supply chain and geographic diversity to mitigate potential impacts [45][46] Question: How is the Uniform Direct Sales business performing? - Uniform Direct Sales declined 9.2% in the quarter, reflecting the lumpy nature of this business, but it remains a strategic area for the company [17][90] Question: What are the key drivers of margin improvement? - Margin improvements are driven by operational efficiencies, including garment sharing, automated sorting, and SmartTruck routing optimization [98][101][102] Question: What is the outlook for M&A activity? - The company remains active in M&A, focusing on quality businesses with strong customer bases and employee partners, particularly in route-based businesses [62][142] Question: How is the myCintas portal contributing to margins? - The myCintas portal enhances customer experience and operational efficiency, contributing to margin improvements by reducing cash application and call center volumes [146][149]

Shares of professional uniform company Cintas (CTAS -9.47%) plunged 9.3% on Thursday as of 12 p.m. EDT.Cintas has been a long-term winner in the market and, prior to the past week, had been up some 50% on the year. However, the past week's inflation scare and last night's "disappointing" earnings report sent shares tumbling today.Cintas' valuation didn't leave room for errorAt first glance, one might be confused as to why investors had such a negative reaction to these numbers. Revenue was up 7.8% to $2.56 ...

Cintas (CTAS) reported $2.56 billion in revenue for the quarter ended November 2024, representing a year-over-year increase of 7.8%. EPS of $1.09 for the same period compares to $0.90 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $2.56 billion, representing a surprise of +0.05%. The company delivered an EPS surprise of +7.92%, with the consensus EPS estimate being $1.01.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...

Cintas (CTAS) came out with quarterly earnings of $1.09 per share, beating the Zacks Consensus Estimate of $1.01 per share. This compares to earnings of $0.90 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 7.92%. A quarter ago, it was expected that this uniform rental company would post earnings of $1 per share when it actually produced earnings of $1.10, delivering a surprise of 10%.Over the last four quarters, the company h ...

[Press Release Highlights](index=1&type=section&id=Press%20Release%20Highlights) [Fiscal 2025 Second Quarter Financial Performance](index=1&type=section&id=Fiscal%202025%20Second%20Quarter%20Financial%20Performance) Cintas Corporation achieved strong financial growth in FY2025 Q2, with significant increases in revenue, gross profit, operating income, net income, and diluted EPS Fiscal 2025 Second Quarter Key Financial Data (as of November 30, 2024) | Metric | FY2025 Q2 (million USD) | FY2024 Q2 (million USD) | YoY Growth (%) | | :----------------------------------- | :---------------------- | :---------------------- | :------------- | | Revenue | 2,560 | 2,380 | 7.8% | | Organic Revenue Growth Rate | - | - | 7.1% | | Gross Profit | 1,280 | 1,140 | 11.8% | | Gross Margin | 49.8% | 48.0% | +180 bps | | Operating Income | 591.4 | 499.7 | 18.4% | | Operating Income as % of Revenue | 23.1% | 21.0% | +210 bps | | Net Income | 448.5 | 374.6 | 19.7% | | Diluted EPS | 1.09 | 0.90 | 21.1% | | Quarterly Dividend | 158.0 | - | 14.9% | [Management Commentary and Fiscal 2025 Outlook](index=1&type=section&id=Management%20Commentary%20and%20Fiscal%202025%20Outlook) CEO Todd M. Schneider expressed satisfaction with strong Q2 results, raising FY2025 revenue and diluted EPS guidance, emphasizing sustained value creation - CEO Todd M. Schneider noted strong revenue and earnings growth, excellent margin expansion, and robust cash generation in Q2, attributed to outstanding employee execution and a comprehensive value proposition for customers[8](index=8&type=chunk) Fiscal 2025 Annual Guidance Update | Metric | Original Guidance Range (billion USD) | Updated Guidance Range (billion USD) | | :---------- | :------------------------------------ | :----------------------------------- | | Revenue | 10.220 - 10.320 | 10.255 - 10.320 | | Metric | Original Guidance Range (USD) | Updated Guidance Range (USD) | | :---------- | :---------------------------- | :--------------------------- | | Diluted EPS | 4.17 - 4.25 | 4.28 - 4.34 | [Fiscal 2025 Guidance Details](index=2&type=section&id=Fiscal%202025%20Guidance%20Details) [Revenue Guidance](index=2&type=section&id=Revenue%20Guidance) The company raised its full-year FY2025 revenue guidance, provided workday-adjusted growth rates, and clarified key underlying assumptions Fiscal 2025 Total Revenue Guidance (million USD) | Metric | FY2024 | Original Guidance Low End | Original Guidance High End | Updated Guidance Low End | Updated Guidance High End | | :-------------- | :-------- | :------------------------ | :------------------------- | :----------------------- | :------------------------ | | Total Revenue | 9,596.6 | 10,220.0 | 10,320.0 | 10,255.0 | 10,320.0 | | YoY Growth Rate | - | 6.5% | 7.5% | 6.9% | 7.5% | Workday-Adjusted Revenue Guidance (million USD) | Metric | FY2024 | Original Guidance Low End | Original Guidance High End | Updated Guidance Low End | Updated Guidance High End | | :----------------------- | :-------- | :------------------------ | :------------------------- | :----------------------- | :------------------------ | | Workday-Adjusted Revenue | 9,596.6 | 10,298.6 | 10,399.4 | 10,333.9 | 10,399.4 | | YoY Growth Rate | - | 7.3% | 8.4% | 7.7% | 8.4% | Organic Revenue Growth Rate Guidance | Metric | Original Guidance Low End | Original Guidance High End | Updated Guidance Low End | Updated Guidance High End | | :---------------------- | :------------------------ | :------------------------- | :----------------------- | :------------------------ | | Organic Revenue Growth Rate | 7.0% | 8.1% | 7.0% | 7.7% | - Revenue guidance assumes no future acquisitions, constant foreign currency exchange rates, and no significant economic disruptions or recessions[10](index=10&type=chunk) [Diluted EPS Guidance](index=2&type=section&id=Diluted%20EPS%20Guidance) The company raised its FY2025 diluted EPS guidance, providing assumptions including projections for net interest expense and effective tax rate Fiscal 2025 Diluted EPS Guidance (USD) | Metric | FY2024 | Original Guidance Low End | Original Guidance High End | Updated Guidance Low End | Updated Guidance High End | | :-------------- | :----- | :------------------------ | :------------------------- | :----------------------- | :------------------------ | | Diluted EPS | 3.79 | 4.17 | 4.25 | 4.28 | 4.34 | | YoY Growth Rate | - | 10.0% | 12.1% | 12.9% | 14.5% | - FY2025 net interest expense is projected to be approximately **$101 million**, up from **$95 million** in FY2024, primarily due to increased variable-rate debt[13](index=13&type=chunk) - The effective tax rate for FY2025 is anticipated to be **20.2%**[14](index=14&type=chunk) - Diluted EPS guidance excludes future share repurchases or significant economic disruptions or recessions[15](index=15&type=chunk) [Company Information and Disclosures](index=3&type=section&id=Company%20Information%20and%20Disclosures) [Company Profile](index=3&type=section&id=Company%20Profile) Cintas Corporation, a Fortune 500 company listed on Nasdaq (CTAS), provides essential services like uniforms, mats, and safety products to businesses - Cintas Corporation provides products and services to over **one million businesses** of all sizes, including uniforms, mats, mops, restroom supplies, first aid and safety products, fire extinguishers, and safety training, preparing clients for the workday[16](index=16&type=chunk) - Cintas is a publicly traded **Fortune 500 company** on the Nasdaq Global Select Market under the ticker CTAS, and a component of the S&P 500 and Nasdaq 100 indices[16](index=16&type=chunk) [Forward-Looking Statements](index=3&type=section&id=Forward-Looking%20Statements) This press release contains forward-looking statements about future business plans and expectations, subject to various risks and uncertainties, with no obligation for public updates - This press release contains forward-looking statements about the company's future business plans and expectations, subject to various risks, uncertainties, potentially inaccurate assumptions, and other factors that could cause actual results to differ from those stated[17](index=17&type=chunk) - Risk factors include, but are not limited to: higher-than-anticipated operating costs (e.g., energy and fuel), decreased sales volume, customer attrition, acquisition integration costs, supply chain constraints, macroeconomic conditions (inflationary pressures and high interest rates), changes in global trade policies, fluctuations in material and labor costs, union activity, failure to comply with government regulations, foreign currency exchange rate fluctuations, environmental compliance costs, ability to achieve ESG goals, cybersecurity threats, and litigation outcomes[17](index=17&type=chunk) - Cintas undertakes no obligation to publicly revise or update any forward-looking statements, except as required by law[17](index=17&type=chunk) [Contact Information](index=3&type=section&id=Contact%20Information) Contact details for investor relations and financial executives are provided for further information - Contacts: J. Michael Hansen (Executive Vice President and Chief Financial Officer) - 513-972-2079; Jared S. Mattingley (Vice President, Treasurer, and Investor Relations) - 513-972-4195[18](index=18&type=chunk) [Consolidated Financial Statements](index=4&type=section&id=Consolidated%20Financial%20Statements) [Consolidated Condensed Statements of Income (Three Months)](index=4&type=section&id=Consolidated%20Condensed%20Statements%20of%20Income%20(Three%20Months)) Cintas Corporation reported year-over-year growth in revenue, gross profit, operating income, net income, and a **21.1% increase** in diluted EPS for the three months ended November 30, 2024 Consolidated Condensed Statements of Income (Three Months, as of November 30, in thousand USD, except per share data) | Metric | 2024 | 2023 | % Change | | :----------------------------------- | :-------- | :-------- | :------- | | Revenue: | | | | | Uniform Rental and Facility Services | 1,990,410 | 1,850,542 | 7.6% | | Other | 571,373 | 526,635 | 8.5% | | **Total Revenue** | **2,561,783** | **2,377,177** | **7.8%** | | Costs and Expenses: | | | | | Cost of Uniform Rental and Facility Services | 1,014,052 | 974,231 | 4.1% | | Cost of Other | 271,028 | 261,398 | 3.7% | | Selling and Administrative Expenses | 685,313 | 641,865 | 6.8% | | **Operating Income** | **591,390** | **499,683** | **18.4%** | | Interest Income | (962) | (769) | 25.1% | | Interest Expense | 26,665 | 26,590 | 0.3% | | Income Before Income Taxes | 565,687 | 473,862 | 19.4% | | Income Tax Expense | 117,192 | 99,249 | 18.1% | | **Net Income** | **448,495** | **374,613** | **19.7%** | | Basic Earnings Per Share | 1.11 | 0.92 | 20.7% | | Diluted Earnings Per Share | 1.09 | 0.90 | 21.1% | [Consolidated Condensed Statements of Income (Six Months)](index=5&type=section&id=Consolidated%20Condensed%20Statements%20of%20Income%20(Six%20Months)) Cintas Corporation reported year-over-year growth in revenue, operating income, net income, and a **19.7% increase** in diluted EPS for the six months ended November 30, 2024 Consolidated Condensed Statements of Income (Six Months, as of November 30, in thousand USD, except per share data) | Metric | 2024 | 2023 | % Change | | :----------------------------------- | :-------- | :-------- | :------- | | Revenue: | | | | | Uniform Rental and Facility Services | 3,924,249 | 3,677,367 | 6.7% | | Other | 1,139,121 | 1,042,140 | 9.3% | | **Total Revenue** | **5,063,370** | **4,719,507** | **7.3%** | | Costs and Expenses: | | | | | Cost of Uniform Rental and Facility Services | 1,995,215 | 1,921,814 | 3.8% | | Cost of Other | 539,321 | 514,574 | 4.8% | | Selling and Administrative Expenses | 1,376,413 | 1,282,880 | 7.3% | | **Operating Income** | **1,152,421** | **1,000,239** | **15.2%** | | Interest Income | (2,212) | (1,191) | 85.7% | | Interest Expense | 52,284 | 51,134 | 2.2% | | Income Before Income Taxes | 1,102,349 | 950,296 | 16.0% | | Income Tax Expense | 201,821 | 190,598 | 5.9% | | **Net Income** | **900,528** | **759,698** | **18.5%** | | Basic Earnings Per Share | 2.22 | 1.86 | 19.4% | | Diluted Earnings Per Share | 2.19 | 1.83 | 19.7% | [Consolidated Condensed Balance Sheets](index=9&type=section&id=Consolidated%20Condensed%20Balance%20Sheets) Cintas Corporation's consolidated condensed balance sheets as of November 30, 2024, show increases in total assets and total liabilities, with a slight decrease in total shareholders' equity Consolidated Condensed Balance Sheets (in thousand USD) | Metric | November 30, 2024 | May 31, 2024 | | :----------------------------------- | :---------------- | :----------- | | **Assets:** | | | | Total Current Assets | 3,170,391 | 3,185,207 | | Property and Equipment, Net | 1,590,688 | 1,534,168 | | Investments | 340,134 | 302,212 | | Goodwill | 3,323,043 | 3,212,424 | | **Total Assets** | **9,366,529** | **9,168,817** | | **Liabilities and Shareholders' Equity:** | | | | Total Current Liabilities | 2,007,767 | 1,828,519 | | Total Long-Term Liabilities | 3,065,656 | 3,023,926 | | **Total Shareholders' Equity** | **4,293,106** | **4,316,372** | | **Total Liabilities and Shareholders' Equity** | **9,366,529** | **9,168,817** | [Consolidated Condensed Statements of Cash Flows](index=10&type=section&id=Consolidated%20Condensed%20Statements%20of%20Cash%20Flows) Cintas Corporation's cash flow statement for the six months ended November 30, 2024, shows increased operating cash flow, but net outflows from investing and financing led to a net decrease in cash Consolidated Condensed Statements of Cash Flows (Six Months, as of November 30, in thousand USD) | Activity Type | 2024 | 2023 | | :--------------------------------------- | :-------- | :------ | | Net Cash Provided by Operating Activities | 908,136 | 729,631 | | Net Cash Used in Investing Activities | (349,003) | (282,195) | | Net Cash Used in Financing Activities | (776,945) | (485,810) | | Effect of Exchange Rate Changes | (1,808) | (219) | | Net Decrease in Cash and Cash Equivalents | (219,620) | (38,593) | | Cash and Cash Equivalents at Beginning of Period | 342,015 | 124,149 | | Cash and Cash Equivalents at End of Period | 122,395 | 85,556 | [Supplemental Financial Data](index=6&type=section&id=Supplemental%20Financial%20Data) [Gross Margin and Net Income Margin Results](index=6&type=section&id=Gross%20Margin%20and%20Net%20Income%20Margin%20Results) Cintas Corporation's gross margin and net income margin improved in both the second quarter and first six months of fiscal 2025, indicating enhanced profitability Gross Margin and Net Income Margin Results | Metric | November 30, 2024 (Three Months) | November 30, 2023 (Three Months) | November 30, 2024 (Six Months) | November 30, 2023 (Six Months) | | :----------------------------------- | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Uniform Rental and Facility Services Gross Margin | 49.1% | 47.4% | 49.2% | 47.7% | | Other Gross Margin | 52.6% | 50.4% | 52.7% | 50.6% | | **Total Gross Margin** | **49.8%** | **48.0%** | **49.9%** | **48.4%** | | **Net Income Margin** | **17.5%** | **15.8%** | **17.8%** | **16.1%** | [Reconciliation of Non-GAAP Financial Measures](index=6&type=section&id=Reconciliation%20of%20Non-GAAP%20Financial%20Measures) The company provides reconciliations for non-GAAP financial measures, including free cash flow and organic revenue growth, to enhance investor understanding of its performance - The company provides non-GAAP financial measures such as free cash flow and organic revenue growth to supplement GAAP financial statements, aiming to enhance investor understanding of its past performance and future prospects[26](index=26&type=chunk) [Computation of Free Cash Flow](index=6&type=section&id=Computation%20of%20Free%20Cash%20Flow) Computation of Free Cash Flow (Six Months, as of November 30, in thousand USD) | Metric | 2024 | 2023 | | :----------------------------------- | :------ | :------ | | Net Cash Provided by Operating Activities | 908,136 | 729,631 | | Capital Expenditures | (194,337) | (200,527) | | **Free Cash Flow** | **713,799** | **529,104** | - Management uses free cash flow to evaluate the company's financial performance, considering it useful for investors as it links operating cash flow to capital expenditures for sustaining, improving, and growing business operations[28](index=28&type=chunk) [Computation of Organic Revenue Growth](index=7&type=section&id=Computation%20of%20Organic%20Revenue%20Growth) Computation of Organic Revenue Growth | Metric | Three Months (as of November 30) | Six Months (as of November 30) | | :----------------------------------- | :------------------------------- | :----------------------------- | | Revenue Growth Rate | 7.8% | 7.3% | | Workday-Adjusted Revenue Growth Rate | 7.8% | 8.1% | | Acquisition and Foreign Currency Impact, Net | (0.7)% | (0.5)% | | **Organic Revenue Growth Rate** | **7.1%** | **7.6%** | - Management believes organic revenue growth is valuable to investors as it reflects revenue performance compared to prior periods with the same number of revenue days, excluding the impact of acquisitions and foreign currency fluctuations[30](index=30&type=chunk) [Supplemental Segment Data](index=8&type=section&id=Supplemental%20Segment%20Data) Cintas Corporation provides supplemental data by business segment, detailing each segment's revenue, gross profit, selling and administrative expenses, and operating income Supplemental Segment Data (Three Months, as of November 30, in thousand USD) | Metric | Uniform Rental and Facility Services | First Aid and Safety Services | All Other | Total | | :----------------------------------- | :----------------------------------- | :---------------------------- | :-------- | :-------- | | **2024:** | | | | | | Revenue | 1,990,410 | 299,367 | 272,006 | 2,561,783 | | Gross Profit | 976,358 | 171,485 | 128,860 | 1,276,703 | | Selling and Administrative Expenses | 503,999 | 96,262 | 85,052 | 685,313 | | Operating Income | 472,359 | 75,223 | 43,808 | 591,390 | | **2023:** | | | | | | Revenue | 1,850,542 | 266,401 | 260,234 | 2,377,177 | | Gross Profit | 876,311 | 145,316 | 119,921 | 1,141,548 | | Selling and Administrative Expenses | 476,700 | 86,785 | 78,380 | 641,865 | | Operating Income | 399,611 | 58,531 | 41,541 | 499,683 | Supplemental Segment Data (Six Months, as of November 30, in thousand USD) | Metric | Uniform Rental and Facility Services | First Aid and Safety Services | All Other | Total | | :----------------------------------- | :----------------------------------- | :---------------------------- | :-------- | :-------- | | **2024:** | | | | | | Revenue | 3,924,249 | 591,934 | 547,187 | 5,063,370 | | Gross Profit | 1,929,034 | 340,288 | 259,512 | 2,528,834 | | Selling and Administrative Expenses | 1,010,237 | 193,777 | 172,399 | 1,376,413 | | Operating Income | 918,797 | 146,511 | 87,113 | 1,152,421 | | **2023:** | | | | | | Revenue | 3,677,367 | 527,094 | 515,046 | 4,719,507 | | Gross Profit | 1,755,553 | 291,092 | 236,474 | 2,283,119 | | Selling and Administrative Expenses | 949,414 | 172,980 | 160,486 | 1,282,880 | | Operating Income | 806,139 | 118,112 | 75,988 | 1,000,239 |

Core Insights - Analysts project Cintas (CTAS) will announce quarterly earnings of $1.01 per share, reflecting a 12.2% year-over-year increase [1] - Revenue is expected to reach $2.56 billion, marking a 7.7% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' projections [1] Revenue Estimates - Total Revenue from Uniform Rental and Facility Services is estimated at $1.98 billion, suggesting a year-over-year change of +7.1% [4] - Revenue from All Other segments is projected to reach $280.89 million, indicating a year-over-year change of +7.9% [4] - Revenue from First Aid and Safety Services is expected to be $296.71 million, reflecting an 11.4% year-over-year increase [4] Income Estimates - Income before income taxes from Uniform Rental and Facility Services is likely to reach $438.55 million, up from $399.61 million in the same quarter last year [5] - Income before income taxes from First Aid and Safety Services is projected at $68.50 million, compared to $58.53 million a year ago [5] - Income before income taxes from All Other segments is estimated at $46.55 million, up from $41.54 million in the previous year [6] Market Performance - Cintas shares have experienced a -1.9% change in the past month, contrasting with a +1.2% move of the Zacks S&P 500 composite [7] - Cintas holds a Zacks Rank 2 (Buy), indicating expectations to outperform the overall market in the near future [7]