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Cintas Stock Hits All-Time High Amid Strong Results, Outlook Lift
CTASCintas(CTAS) Investopedia·2024-09-25 19:20

Key Takeaways Cintas exceeded profit and sales estimates and raised its outlook as it had record-setting performances for the first quarter. Revenue and gross margin as a percentage of revenue set record highs, and shares hit an all-time high Wednesday. CEO Todd Schneider said the company continued to see strong demand from existing and new customers. Cintas (CTAS) shares hit an all-time high Wednesday as the uniform and other workplace supplies provider posted better-than-expected results and raised its gu ...