[Executive Summary & Financial Highlights](index=1&type=section&id=Executive%20Summary%20%26%20Financial%20Highlights) Cintas Corporation reported strong financial results for the first quarter of fiscal 2026, with significant increases across revenue, gross margin, operating income, net income, and diluted EPS. The company also continued its share buyback program and increased quarterly dividends Fiscal 2026 First Quarter Financial Performance (YoY) | Metric | Q1 FY2026 | Q1 FY2025 | % Change | | :-------------------------------- | :---------- | :---------- | :------- | | Revenue | $2.72 billion | $2.50 billion | 8.7% | | Organic Revenue Growth Rate | - | - | 7.8% | | Gross Margin | $1.37 billion | $1.25 billion | 9.1% | | Gross Margin as % of Revenue | 50.3% | 50.1% | +20 bps | | Operating Income | $617.9 million | $561.0 million | 10.1% | | Operating Income as % of Revenue | 22.7% | 22.4% | +30 bps | | Net Income | $491.1 million | $452.0 million | 8.7% | | Diluted Earnings Per Share (EPS) | $1.20 | $1.10 | 9.1% | Shareholder Returns (Q1 FY2026) | Activity | Amount | | :------------------ | :------------- | | Share Buybacks | $347.4 million | | Quarterly Dividend Paid | $182.3 million | | Dividend Increase (YoY) | 15.4% | [Management Commentary and Outlook](index=1&type=section&id=Management%20Commentary%20and%20Outlook) CEO Todd M. Schneider highlighted strong Q1 performance driven by disciplined execution and strategic investments. The company is focused on operational excellence, investing in people and platforms for sustainable growth, and maintaining balanced capital allocation. Cintas has also raised its full fiscal year 2026 financial guidance for both revenue and diluted EPS - Cintas' President and CEO, Todd M. Schneider, attributed **strong Q1 revenue growth and margin expansion** to disciplined execution, ongoing investment in technology and talent, and employee-partner commitment, reflecting the strength of their value proposition[7](index=7&type=chunk) - The company is focused on **operational excellence**, investing in people and platforms to position Cintas for **sustainable growth** and **long-term value creation**, supported by **robust cash flow generation** and **balanced capital allocation**[8](index=8&type=chunk) Updated Fiscal Year 2026 Financial Guidance | Metric | Previous Guidance | Updated Guidance | | :---------------- | :---------------------- | :--------------------- | | Annual Revenue | $11.00 billion to $11.15 billion | $11.06 billion to $11.18 billion | | Diluted EPS | $4.71 to $4.85 | $4.74 to $4.86 | - The total revenue guidance assumes the same number of workdays as fiscal year 2025, no future acquisitions, and a constant foreign currency exchange rate[8](index=8&type=chunk) [Company Profile and Webcast Information](index=2&type=section&id=Company%20Profile%20and%20Webcast%20Information) Cintas Corporation, a Fortune 500 company, provides a wide range of products and services to over one million businesses, helping them maintain clean, safe, and professional facilities and employees. The company also announced details for its fiscal 2026 first quarter results webcast - Cintas Corporation helps over **one million businesses** by providing products and services including uniforms, mats, mops, restroom supplies, workplace water services, first aid and safety products, safety training, and fire protection services[9](index=9&type=chunk) - Cintas is headquartered in Cincinnati, a publicly held **Fortune 500 company** traded on the Nasdaq Global Select Market under the symbol **CTAS**, and is a component of both the **S&P 500** and **Nasdaq-100 Indices**[9](index=9&type=chunk) - A live webcast to review the fiscal 2026 first quarter results was scheduled for **September 24, 2025, at 10:00 a.m. Eastern Time**, available on Cintas' website, with a replay available for two weeks[9](index=9&type=chunk) [Caution Concerning Forward-Looking Statements](index=2&type=section&id=CAUTION%20CONCERNING%20FORWARD-LOOKING%20STATEMENTS) This section serves as a cautionary statement regarding forward-looking statements made in the press release, emphasizing that such statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations - The press release contains forward-looking statements, including fiscal 2026 full-year guidance, protected by the **Private Securities Litigation Reform Act of 1995**[10](index=10&type=chunk) - Forward-looking statements are based on current expectations and are subject to various risks, uncertainties, and assumptions that could cause actual results to differ[10](index=10&type=chunk) - Factors that might cause differences include operating costs, sales volumes, customer loss, acquisition integration, supply chain constraints, macroeconomic conditions, changes in trade policies, material and labor costs, regulatory compliance, exchange rate fluctuations, environmental liabilities, cybersecurity threats, and litigation[10](index=10&type=chunk) [Additional Financial Guidance Details](index=2&type=section&id=Additional%20Financial%20Guidance%20Details) This section provides specific assumptions and expectations for Cintas' fiscal year 2026 financial guidance, particularly concerning net interest, effective tax rate, and the factors not included in the diluted EPS guidance - Fiscal year 2026 interest, net is expected to be approximately **$97.0 million**, an increase from **$95.0 million** in fiscal year 2025, primarily due to refinancing senior notes at a higher interest rate, partially offset by lower variable rate interest[11](index=11&type=chunk) - The expected interest, net may change based on future share buybacks or acquisition activity[11](index=11&type=chunk) - The fiscal year 2026 effective tax rate is expected to remain at **20.0%**, consistent with fiscal year 2025[11](index=11&type=chunk) - The diluted EPS guidance does not include any future share buybacks or significant economic disruptions or downturns[11](index=11&type=chunk) [Consolidated Condensed Statements of Income](index=3&type=section&id=Consolidated%20Condensed%20Statements%20of%20Income) This section presents the unaudited consolidated condensed statements of income for Cintas Corporation for the three months ended August 31, 2025, and August 31, 2024, detailing revenue, costs, operating income, and net income Consolidated Condensed Statements of Income (Unaudited, In thousands except per share data) | | Three Months Ended | | | | :-------------------------------------- | :---------------- | :---------------- | :------- | | | August 31, 2025 | August 31, 2024 | % Change | | **Revenue:** | | | | | Uniform rental and facility services | $ 2,091,066 | $ 1,933,839 | 8.1% | | Other | 627,056 | 567,748 | 10.4% | | **Total revenue** | **2,718,122** | **2,501,587** | **8.7%** | | **Costs and expenses:** | | | | | Cost of uniform rental and facility services | 1,052,553 | 981,163 | 7.3% | | Cost of other | 299,008 | 268,293 | 11.4% | | Selling and administrative expenses | 748,702 | 691,100 | 8.3% | | **Operating income** | **617,859** | **561,031** | **10.1%** | | Interest income | (2,209) | (1,250) | 76.7% | | Interest expense | 24,161 | 25,619 | (5.7)% | | **Income before income taxes** | **595,907** | **536,662** | **11.0%** | | Income taxes | 104,767 | 84,629 | 23.8% | | **Net income** | **$ 491,140** | **$ 452,033** | **8.7%** | | Basic earnings per share | $ 1.21 | $ 1.12 | 8.0% | | Diluted earnings per share | $ 1.20 | $ 1.10 | 9.1% | | Basic weighted average common shares outstanding | 403,292 | 403,382 | | | Diluted weighted average common shares outstanding | 409,294 | 410,496 | | [Supplemental Financial Data](index=4&type=section&id=Supplemental%20Financial%20Data) This section provides additional financial details, including a breakdown of gross margins by service type, a reconciliation of non-GAAP free cash flow, and a detailed segment-level performance analysis for the first quarter of fiscal 2026 and 2025 [Gross Margin and Net Income Margin Results](index=4&type=section&id=Gross%20Margin%20and%20Net%20Income%20Margin%20Results) Analysis of gross margin performance for uniform rental and facility services, other services, and total gross margin, alongside the net income margin for the first quarter of fiscal 2026 compared to the prior year Gross Margin and Net Income Margin Results | | Three Months Ended | | :------------------------------------ | :---------- | :---------------- | | | August 31, 2025 | August 31, 2024 | | Uniform rental and facility services gross margin | 49.7% | 49.3% | | Other gross margin | 52.3% | 52.7% | | Total gross margin | 50.3% | 50.1% | | Net income margin | 18.1% | 18.1% | [Non-GAAP Financial Measures: Free Cash Flow](index=4&type=section&id=Reconciliation%20of%20Non-GAAP%20Financial%20Measures) This section reconciles net cash provided by operations (GAAP) to free cash flow (non-GAAP), which management uses to evaluate the company's financial performance and its ability to fund ongoing business operations and growth Computation of Free Cash Flow (In thousands) | | Three Months Ended | | :-------------------------- | :---------------- | :---------------- | | | August 31, 2025 | August 31, 2024 | | Net cash provided by operations | $ 414,481 | $ 460,357 | | Capital expenditures | (101,957) | (92,921) | | Free cash flow | $ 312,524 | $ 367,436 | - Management uses **free cash flow** to assess the Company's **financial performance**, believing it is useful to investors as it relates **operating cash flow** to capital spent for continuing, improving, and growing business operations[19](index=19&type=chunk) [Supplemental Segment Data](index=5&type=section&id=SUPPLEMENTAL%20SEGMENT%20DATA) Detailed financial data is provided for Cintas' key segments: Uniform Rental and Facility Services, First Aid and Safety Services, and All Other, showing revenue, cost of sales, gross margin, selling and administrative expenses, and operating income for the first quarter of fiscal 2026 and 2025 Supplemental Segment Data (In thousands) | | Uniform Rental and Facility Services | First Aid and Safety Services | All Other | Total | | :------------------------------------ | :-------------------------------- | :---------------------------- | :---------- | :---------- | | **For the three months ended August 31, 2025** | | | | | | Revenue | $ 2,091,066 | $ 334,657 | $ 292,399 | $ 2,718,122 | | Cost of sales | 1,052,553 | 144,489 | 154,519 | 1,351,561 | | Gross margin | 1,038,513 | 190,168 | 137,880 | 1,366,561 | | Selling and administrative expenses | 538,576 | 109,841 | 100,285 | 748,702 | | Operating income | $ 499,937 | $ 80,327 | $ 37,595 | $ 617,859 | | **For the three months ended August 31, 2024** | | | | | | Revenue | $ 1,933,839 | $ 292,567 | $ 275,181 | $ 2,501,587 | | Cost of sales | 981,163 | 123,764 | 144,529 | 1,249,456 | | Gross margin | 952,676 | 168,803 | 130,652 | 1,252,131 | | Selling and administrative expenses | 506,238 | 97,515 | 87,347 | 691,100 | | Operating income | $ 446,438 | $ 71,288 | $ 43,305 | $ 561,031 | [Consolidated Condensed Balance Sheets](index=6&type=section&id=Consolidated%20Condensed%20Balance%20Sheets) This section presents the unaudited consolidated condensed balance sheets for Cintas Corporation as of August 31, 2025, and May 31, 2025, detailing assets, liabilities, and shareholders' equity Consolidated Condensed Balance Sheets (In thousands) | | August 31, 2025 | May 31, 2025 | | :------------------------------------------ | :---------------- | :---------------- | | **ASSETS** | | | | Current assets: | | | | Cash and cash equivalents | $ 138,143 | $ 263,973 | | Accounts receivable, net | 1,421,047 | 1,417,381 | | Inventories, net | 449,739 | 447,408 | | Uniforms and other rental items in service | 1,172,321 | 1,137,361 | | Prepaid expenses and other current assets | 194,676 | 170,046 | | Total current assets | 3,375,926 | 3,436,169 | | Property and equipment, net | 1,677,021 | 1,652,474 | | Investments | 369,503 | 339,518 | | Goodwill | 3,410,729 | 3,400,227 | | Service contracts, net | 298,025 | 309,828 | | Operating lease right-of-use assets, net | 244,067 | 224,383 | | Other assets, net | 462,419 | 462,642 | | **Total Assets** | **$ 9,837,690** | **$ 9,825,241** | | **LIABILITIES AND SHAREHOLDERS' EQUITY** | | | | Current liabilities: | | | | Accounts payable | $ 462,315 | $ 485,109 | | Accrued compensation and related liabilities | 135,185 | 229,538 | | Accrued liabilities | 779,672 | 875,077 | | Income taxes, current | 78,956 | 4,034 | | Operating lease liabilities, current | 51,691 | 50,744 | | Total current liabilities | 1,507,819 | 1,644,502 | | Long-term liabilities: | | | | Debt due after one year | 2,425,757 | 2,424,999 | | Deferred income taxes | 484,443 | 471,740 | | Operating lease liabilities | 197,818 | 178,738 | | Accrued liabilities | 466,153 | 420,781 | | Total long-term liabilities | 3,574,171 | 3,496,258 | | Shareholders' equity: | | | | Common stock, no par value, and paid-in capital | 2,694,077 | 2,593,479 | | Retained earnings | 12,107,250 | 11,798,451 | | Treasury stock | (10,125,516) | (9,791,838) | | Accumulated other comprehensive income | 79,889 | 84,389 | | Total shareholders' equity | 4,755,700 | 4,684,481 | | **Total Liabilities and Shareholders' Equity** | **$ 9,837,690** | **$ 9,825,241** | [Consolidated Condensed Statements of Cash Flows](index=7&type=section&id=Consolidated%20Condensed%20Statements%20of%20Cash%20Flows) This section presents the unaudited consolidated condensed statements of cash flows for Cintas Corporation for the three months ended August 31, 2025, and August 31, 2024, detailing cash flows from operating, investing, and financing activities Consolidated Condensed Statements of Cash Flows (Unaudited, In thousands) | | Three Months Ended | | :---------------------------------------------------------- | :---------------- | :---------------- | | | August 31, 2025 | August 31, 2024 | | **Cash flows from operating activities:** | | | | Net income | $ 491,140 | $ 452,033 | | Adjustments to reconcile net income to net cash provided by operating activities: | | | | Depreciation | 77,589 | 73,838 | | Amortization of intangible assets and capitalized contract costs | 48,348 | 46,554 | | Stock-based compensation | 30,348 | 33,367 | | Deferred income taxes | 13,496 | 1,887 | | Change in current assets and liabilities, net of acquisitions of businesses: | | | | Accounts receivable, net | (3,635) | (49,129) | | Inventories, net | (2,398) | 11,318 | | Uniforms and other rental items in service | (34,760) | (20,144) | | Prepaid expenses and other current assets and capitalized contract costs | (62,382) | (80,282) | | Accounts payable | (22,501) | 56,698 | | Accrued compensation and related liabilities | (94,275) | (86,965) | | Accrued liabilities and other | (101,114) | (44,268) | | Income taxes, current | 74,625 | 65,450 | | **Net cash provided by operating activities** | **414,481** | **460,357** | | **Cash flows from investing activities:** | | | | Capital expenditures | (101,957) | (92,921) | | Purchases of investments | (6,538) | (7,124) | | Acquisitions of businesses, net of cash acquired | (7,602) | (9,436) | | Other, net | (130) | 1 | | **Net cash used in investing activities** | **(116,227)** | **(109,480)** | | **Cash flows from financing activities:** | | | | Issuance of commercial paper, net | — | 166,000 | | Proceeds from exercise of stock-based compensation awards | 2,669 | 231 | | Dividends paid | (157,766) | (138,237) | | Repurchase of common stock | (266,097) | (614,802) | | Other, net | (2,807) | (4,461) | | **Net cash used in financing activities** | **(424,001)** | **(591,269)** | | Effect of exchange rate changes on cash and cash equivalents | (83) | (250) | | Net decrease in cash and cash equivalents | (125,830) | (240,642) | | Cash and cash equivalents at beginning of period | 263,973 | 342,015 | | **Cash and cash equivalents at end of period** | **$ 138,143** | **$ 101,373** |

Market Overview - Stock prices experienced a decline, with the S&P 500 index falling by 0.6%, the Nasdaq Composite decreasing nearly 1%, and the Dow Jones Industrial Average dropping by 0.2% [3] - The decline in stock prices followed a period of record highs earlier in the week, influenced by Fed Chair Jerome Powell's cautious stance on interest rate reductions [4] Federal Reserve Insights - Jerome Powell expressed concerns regarding persistent inflation and a slowing labor market, describing the current economic situation as "challenging" [4] - Investors are anticipating a potential second interest rate reduction in 2025 during the Fed's October meeting, although Powell did not confirm this expectation [4] Economic Indicators - Upcoming economic reports include new residential housing sales for August, with analysts predicting a slight dip to 650,000 from July's 652,000 [6] - Cintas Corporation is expected to report an EPS of $1.20 for the August quarter, an increase from $1.10 in the prior year [6] - Uranium Energy is projected to report a loss per share of $0.04 for the July quarter, compared to a $0.03 loss in the previous year [6] - KB Home aims to exceed a consensus EPS estimate of $1.51 for the August quarter, down from $2.04 in the prior year [6]

Group 1: Lithium Americas - Lithium Americas (LAC) is experiencing a rally as the Trump administration is reportedly seeking an equity stake in the company [2] - The government is reevaluating its $2.3 billion loan for Thacker Pass, which is the largest known lithium deposit in the U.S. [2] Group 2: Micron Technology - Micron Technology (MU) shares have increased due to a positive outlook driven by strong demand for AI data center products [3] - The company reported record fiscal year revenue, attributed to the ramp-up of high-value data center products and robust DRAM pricing across various end markets [3] Group 3: Alibaba - Alibaba's (BABA) shares surged after CEO Eddie Wu announced plans to increase AI spending beyond the previous target of $50 billion [4] - The company has formed a new partnership with Nvidia (NVDA) and launched its largest AI language model, Qwen3-Max, contributing to the stock's gains [4] Group 4: Energy Sector - Ukrainian drone attacks have significantly impacted Russian oil refining, reducing output by nearly 20% on certain days and lowering diesel exports to their lowest levels since 2020 [8] - Of Russia's 38 refineries, 16 have been targeted since early August, affecting the country's status as the world's second-largest diesel exporter [8] Group 5: Other Companies - Disney (DIS) has increased prices for various streaming plans in the U.S. [11] - Eli Lilly (LLY) is constructing a $6.5 billion plant in Texas for weight loss pill production [11] - Exxon (XOM) has signed a deal with Rosneft to help recover losses incurred in Russia [11]

Core Insights - Cintas Corporation has a market capitalization of $80.8 billion and provides a variety of business services, including uniform rental and facility services, to over one million companies across North America and Latin America [1] Financial Performance - Cintas is expected to announce its Q1 2026 results on September 24, with analysts predicting an EPS of $1.19, reflecting an 8.2% increase from $1.10 in the same quarter last year [2] - For fiscal 2026, analysts forecast an EPS of $4.83, which represents a 9.8% growth from $4.40 in fiscal 2025, and an anticipated increase to $5.35 in fiscal 2027, marking a 10.8% year-over-year growth [3] Stock Performance - Over the past 52 weeks, Cintas shares have declined by 1.7%, underperforming the S&P 500 Index's 16.4% gain and the Industrial Select Sector SPDR Fund's 14.5% return [4] - Following the Q4 2025 earnings report, Cintas shares rose by 3.7%, with Q4 earnings reported at $1.09 per share and revenue at $2.67 billion, driven by strong demand for its services [5] Analyst Ratings - The consensus rating for Cintas stock is "Moderate Buy," with 20 analysts covering the stock: seven recommend "Strong Buy," ten suggest "Hold," one advises "Moderate Sell," and two recommend "Strong Sell" [6] - The average analyst price target for Cintas is $224.88, indicating a potential upside of 12.1% from current levels [6]

Market Overview - U.S. stock futures rose on Wednesday after declines on Tuesday, with major benchmark indices showing positive futures [1] - Federal Reserve Chair Jerome Powell noted that equity prices are "fairly highly valued" but downplayed immediate financial stability risks [1] - Investors are anticipating the release of the Fed's preferred inflation gauge, the PCE Index, scheduled for Friday [2] Economic Indicators - The 10-year Treasury bond yielded 4.10%, while the two-year bond was at 3.56% [2] - The S&P Global U.S. Composite PMI slowed to 53.6 in September, indicating softer growth [4] - The U.S. current account deficit shrank by 42.9% to $251.3 billion in Q2 [4] Sector Performance - Energy, real estate, and utilities stocks led gains on Tuesday, while information technology and consumer discretionary stocks declined [3] - The Dow Jones index fell by 89 points (0.19%), S&P 500 dropped 0.55%, and Nasdaq Composite decreased by 0.95% [5][6] Company-Specific Movements - Nvidia Corp. shares fell 2.8% after announcing a $100 billion investment in OpenAI [4] - Cintas Corp. is expected to report earnings of $1.19 per share on revenue of $2.70 million [15] - Micron Technology Inc. rose 1.86% after reporting better-than-expected fourth-quarter results and a strong revenue forecast [15] - Ares Acquisition Corporation II jumped 4.39% following successful fundraising for a merger with Kodiak Robotics [15] Investment Insights - BlackRock advises clients to seek "granular opportunities" in Europe while maintaining an overweight position on U.S. equities [8] - The report highlights financials, industrials, and utilities as outperforming sectors in Europe, with financials achieving a 32% year-to-date return [9][10] - BlackRock sees value in European fixed income, particularly when currency is hedged, potentially pushing yields on euro investment-grade credit to near 6% for U.S. investors [11]

Market Overview - U.S. stock futures rose on Wednesday after declines on Tuesday, with major benchmark indices showing positive futures [1] - Federal Reserve Chair Jerome Powell noted that equity prices are "fairly highly valued" but downplayed immediate financial stability risks [1] - Investors are anticipating the release of the Fed's preferred inflation gauge, the PCE Index, scheduled for Friday [2] Economic Indicators - The 10-year Treasury bond yielded 4.10%, while the two-year bond was at 3.56% [2] - The CME Group's FedWatch tool indicates a 94.1% likelihood of the Federal Reserve cutting interest rates in October [2] - The S&P Global U.S. Composite PMI slowed to 53.6 in September, indicating softer growth [4] Stock Performance - Energy, real estate, and utilities stocks led gains on Tuesday, while information technology and consumer discretionary stocks fell [3] - Specific stock movements included Nvidia Corp. shares falling 2.8% after announcing a $100 billion investment in OpenAI [4] - The Dow Jones index closed 89 points lower, while the S&P 500 and Nasdaq Composite also experienced declines [5][6] Investment Insights - BlackRock advises clients to seek "granular opportunities" in Europe while maintaining an overweight position on U.S. equities [8] - The report highlights financials, industrials, and utilities as outperforming sectors in Europe, with financials achieving a 32% year-to-date return [9][10] - BlackRock sees value in European fixed income, particularly when currency is hedged, potentially boosting yields for U.S. investors [11] Stocks in Focus - Cintas Corp. is expected to report earnings of $1.19 per share on revenue of $2.70 million [15] - Micron Technology Inc. rose 1.86% after reporting better-than-expected fourth-quarter results and a strong revenue forecast [15] - Ares Acquisition Corporation II jumped 4.39% following successful fundraising for a merger with Kodiak Robotics [15] Global Market Trends - Asian markets closed mixed, with some indices rising while others fell [17] - Crude oil futures traded lower at around $63.30 per barrel, while gold prices rose to approximately $3,770.50 per ounce [16]

Group 1 - Cintas Corporation (NASDAQ:CTAS) is viewed positively by Jim Cramer, who believes the stock could provide an upside surprise at current levels [1] - Cintas offers corporate uniforms, facility services, and safety solutions, catering primarily to small and medium-sized businesses, but also serving larger clients [2] - Cramer suggests that the best time to invest in Cintas is during market slowdowns, indicating that it is a strong long-term hold [2] Group 2 - There is a belief that certain AI stocks may present greater upside potential and lower downside risk compared to Cintas [2]

Group 1 - Cintas Corp. is expected to report quarterly earnings of $1.19 per share on revenue of $2.70 million [2] - Micron Technology Inc. reported fourth-quarter revenue of $11.32 billion, exceeding analyst estimates of $11.22 billion, with adjusted earnings of $3.03 per share, surpassing expectations of $2.86 per share [2] - Thor Industries Inc. is anticipated to post earnings of $1.24 per share on revenue of $2.33 billion for the latest quarter [2] - AAR Corp. reported positive earnings for the first quarter, although shares fell by 0.7% in after-hours trading [2] - KB Home is expected to report quarterly earnings of $1.50 per share on revenue of $1.59 billion [2]

Core Point - Cintas has made its debut on a significant list, highlighting the trust placed in the company by customers, employee-partners, and shareholders [1] Company Summary - The recognition of Cintas on this list underscores the company's strong reputation and reliability in the market [1]

Core Insights - Cintas Corporation (CTAS) is set to release its first-quarter fiscal 2026 results on September 24, with expected revenues of $2.69 billion, reflecting a 7.7% growth year-over-year, and earnings per share (EPS) of $1.19, indicating an 8.2% increase from the previous year [1][10] Revenue Performance - The Uniform Rental and Facility Services segment is projected to generate revenues of $2.07 billion, representing a 7.3% increase from the prior year [3] - The First Aid and Safety Services segment is expected to see revenues of $336.6 million, which is a 15.1% increase compared to the same quarter last year [4] Acquisitions Impact - Recent acquisitions, including Paris Uniform Services and SITEX, are anticipated to enhance Cintas' market presence and contribute positively to revenue growth [5] Margin Expectations - The operating margin is expected to improve by 100 basis points from the previous year, supported by operational execution and pricing strategies [6] Cost Considerations - Selling, general and administrative (SG&A) expenses are projected to rise to approximately $746 million, an 8% increase from the prior year, which may impact overall profitability [7] Earnings Prediction - The current Earnings ESP for CTAS is 0.00%, indicating no clear prediction for an earnings beat this quarter, with both the Most Accurate Estimate and the Zacks Consensus Estimate at $1.19 per share [9]