Cintas Raises Fiscal 2027 Outlook After Record First Quarter

MarketBeat··USCA·Read original
3▲1 ▼0Impact / 5
Summary · why it matters

Cintas reported record fiscal 2027 first-quarter revenue of $3.01 billion, up 10.9% year over year and the first time the company has topped $3 billion in quarterly revenue, with organic growth of 8.9% and adjusted diluted EPS of $1.39, up 15.8%. Gross margin reached a record 51.5% and operating margin a record 23.6%, while operating income rose 15.2% to $711.9 million. Within the segments, First Aid and Safety Services led organic growth at 14.2%, followed by Uniform Direct Sale at 9.6%, Fire Protection Services at 9.2% and Uniform Rental and Facility Services at 8.0%. Cintas raised its fiscal 2027 revenue outlook to $12.15 billion to $12.27 billion from a prior range of $12.10 billion to $12.25 billion, and lifted adjusted diluted EPS guidance to $5.45 to $5.54 from $5.36 to $5.50. The company also increased its regular quarterly dividend by 15.6% and had repurchased $545 million of shares through the date of the call, while CEO Todd Schneider said the proposed UniFirst acquisition remains subject to regulatory clearance in the U.S. and Canada and is expected to close by the end of calendar 2026.

Impact on assets 3

Industrials▲ · 2 stocks
Cintas Corporation
CTAS
▲ PositiveCapitalrelevance

Cintas reported record Q1 revenue and EPS, raised fiscal 2027 revenue and EPS guidance, lifted its dividend 15.6%, and repurchased $545 million of shares.

Unifirst Corporation
UNF
± MixedCapitalrelevance

Cintas' proposed acquisition of UniFirst remains subject to regulatory clearance in the U.S. and Canada, with closing expected by end of calendar 2026.

Cloud & Digital Infrastructure▲ · 1 stocks
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