Strong Third Quarter Results: Cintas Corporation reported third-quarter total revenue of $2.61 billion, an 8.4% increase from the previous year, with organic growth at 7.9%. The achievements indicate robust performance across all business segments, particularly in uniform rental, facility services, first aid, and fire protection, which highlights the company's operational excellence.
Record Profitability Metrics: Gross margin reached 50.6%, the highest in company history, while operating income increased 17.1% to $609.9 million. Diluted EPS rose significantly by 17.7% to $1.13, demonstrating the firm's strong earnings power and management's effectiveness in improving operational efficiencies.
Updated Financial Guidance: Cintas issued an optimistic outlook for fiscal 2025, raising annual revenue expectations to a range of $10.28 billion to $10.305 billion and annual diluted EPS guidance to between $4.36 and $4.40 (implying a growth rate of 15% to 16.1%). This reflects strong momentum and confidence despite potential economic uncertainties ahead.