Overview
- Cintas reported EPS of $1.21 versus a $1.20 consensus and revenue of $2.80 billion versus $2.766 billion, up 9.3% year over year.
- Gross margin reached 50.4%, up 60 basis points, with operating income rising 10.9% to $655.7 million and operating margin improving to 23.4%.
- The company lifted fiscal 2026 GAAP EPS guidance to $4.81–$4.88 from $4.74–$4.86 and raised its sales outlook to $11.15–$11.22 billion from $11.06–$11.18 billion.
- Cintas flagged a $15 million land-sale gain recorded in fiscal 2025 that will not recur, creating a year-over-year headwind in the upcoming third quarter.
- Shares rose about 2.5% after the release; the company ended the quarter with $200.8 million in cash, following an earlier dividend declaration and a $1.0 billion buyback authorization.