News

Cintas Sees 1st-Quarter Revenue Rise 8%

Cintas Corp. has reported a fiscal first-quarter revenue of US$2.34 billion, an 8.1% increase from last year’s revenue of $2.17 billion in the same time period.

The company’s organic revenue growth rate for the first quarter of fiscal 2024, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was also 8.1%. Cintas posted an operating income of $500.6 million compared to $440.1 million in last year’s first quarter, an increase of 13.7%.

“We are pleased with our first-quarter fiscal 2024 financial results. Our operating segments continue to execute at a high level, leading to robust volume growth and a record high operating margin of 21.4%. These financial results are the product of the exceptional dedication of our employee-partners in helping businesses across North America stay focused on the work that matters most through innovative products and services. I look forward to another successful fiscal year,” 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.