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Cintas Reports 9.3% Increase in 2nd-Quarter Revenue

Cintas Corp. has reported a fiscal second-quarter revenue of US$2.38 billion, a 9.3% increase from last year’s revenue of $2.17 billion in the same time period.

The company’s organic revenue growth rate for the second quarter of fiscal 2024, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 11.6%. Cintas posted an operating income of $499.7 million compared to $444.9 million in last year’s second quarter, an increase of 12.3%.

“We are pleased with our second-quarter fiscal 2024 financial results. Each of our operating segments continue to execute at a high level, leading to robust revenue growth of 9.3%, high operating margin of 21.0%, and diluted EPS growth of 15.7%. This strong execution is the result of the exceptional dedication of our employee-partners. Whether it’s image, safety, cleanliness, or
compliance, we have innovative products and services to help businesses across North America stay focused on the work that matters most,” said Todd M. Schneider, Cintas president and CEO.

About Cintas
Headquartered in Cincinnati, Ohio, Cintas Corp. provides uniforms and apparel, restroom supplies, and mats as well as first aid, document management, and fire protection services. For more information, visit www.cintas.com.