Cintas Reports Record Q1 Results with Strong Revenue Growth
Cintas Corporation (NASDAQ:CTAS) reported record first-quarter results for fiscal 2027, driven by strong revenue growth and improved profitability. The company achieved $3.01 billion in quarterly revenue, a year-over-year increase of 10.9%. Organic growth reached 8.9%, with First Aid and Safety Services leading at 14.2% organic growth. Adjusted diluted earnings per share rose to $1.39, up 15.8% from the prior year. Cintas also raised its full-year fiscal 2027 guidance, projecting revenue between $12.15 billion and $12.27 billion with adjusted EPS expected in a range of $5.45 to $5.54. The company's gross margin hit an all-time high at 51.5%, driven by improved performance across most business segments. Management highlighted continued demand for outsourced services, strong customer retention and new client acquisition as key drivers behind the results.
Tickers: $CTAS
Topics: Cintas EPS Increase Guidance Update Q1 Earnings Revenue Growth