Cintas reported its first $3 billion quarter, with total revenue of $3.01 billion, up 10.9% year-over-year, and organic growth of 8.9%. Diluted EPS rose 13.3% to $1.36, while adjusted diluted EPS climbed 15.8% to $1.39, excluding UniFirst transaction-related expenses. Gross margin hit an all-time high of 51.5% of revenue, and operating margin also reached a record 23.6%, with operating income of $711.9 million, up 15.2%. The company raised its fiscal 2027 revenue guidance to $12.15 billion to $12.27 billion, a growth rate of 7.9% to 8.9%, and lifted adjusted diluted EPS guidance to $5.45 to $5.54, a growth rate of 10.3% to 12.1%. Cintas also increased its dividend 15.6% and repurchased $545 million in shares, and said it still expects to close the UniFirst acquisition by the end of calendar 2026, subject to regulatory clearances in the U.S. and Canada.
Cintas CorporationCintas posted record Q1 revenue of $3.01B, record margins, and raised fiscal 2027 revenue and EPS guidance.
Unifirst CorporationUniFirst is mentioned only as the target of Cintas's pending acquisition, with no standalone development for UniFirst.
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