Core Insights - Cintas exceeded profit and sales estimates for the first quarter of fiscal 2025, achieving record-setting performances and raising its outlook [1][2] - The company reported a fiscal 2025 first-quarter earnings per share (EPS) of $1.10, with revenue increasing 6.8% year-over-year to an all-time high of $2.50 billion [2] - Gross margin rose 9.7% to $1.25 billion, with gross margin as a percentage of revenue reaching a record 50.1%, up 140 basis points [3] Revenue and Growth - Cintas experienced organic growth of 7% in Uniform Rental and Facility Services, 14% in First Aid and Safety Services, and 13.8% in Fire Protection Services, while Uniform Direct Sale unit saw a decline of 1.8% [3] - The company anticipates full-year EPS in the range of $4.17 to $4.25, an increase from the previous forecast of $4.06 to $4.19 [4] Market Performance - Shares of Cintas reached an all-time high of $209.58, rising 1.4% shortly before the market close, and are up 38% year-to-date [5]
Cintas Stock Hits All-Time High Amid Strong Results, Outlook Lift