Cintas Corporation (NASDAQ: CTAS) posted stronger-than-expected first-quarter sales and expanding margins on Wednesday.
The firm reported first-quarter earnings per share of $1.20, in line with the analyst consensus estimate. Quarterly sales of $2.718 billion (+8.7% year over year), beating the Street view of $2.698 billion. Revenue growth in the quarter was positively impacted by 0.9% due to acquisitions.
“Our ability to generate robust cash flow has enabled us to pursue balanced capital allocation – investing in our future while returning capital to shareholders,” said CEO Todd M. Schneider.
The firm raised its fiscal 2026 GAAP EPS guidance …