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Cintas (CTAS) Boosts Product Portfolio With Paris Uniform Buyout
Zacks Investment Research· 2024-03-14 17:36
Cintas Corporation (CTAS) recently acquired Paris Uniform Services, a family-owned supplier of uniform and facility service solutions. The financial terms of the acquisition were kept under wraps.Based in PA, Paris Uniform Services was established in 1978. The company is engaged in providing uniforms, work apparel, facility services and restroom products among others. Paris Uniform also operates in NY, MD and WV.Acquisition RationaleThe latest buyout is in sync with Cintas’ policy of acquiring businesses to ...
Cintas Reveals This Year's Top 10 Finalists in its Custodian of the Year Contest
Businesswire· 2024-03-14 13:00
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today announced the top 10 finalists in its 11th annual Cintas Custodian of the Year contest. This year’s finalists across the U.S. have shown tremendous dedication and commitment to their schools. From now through April 12, the public can vote for their favorite custodian at custodianoftheyear.com. “Every year we receive thousands of heartfelt nominations and inspirational stories,” said John Rudy, Senior Marketing Director of Cintas. “It’s ...
Cintas Corporation Announces Webcast for Third Quarter Fiscal Year 2024 Results
Businesswire· 2024-03-13 14:59
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) today announced that it will release fiscal year 2024 third quarter results on Wednesday, March 27, 2024. The Company will conduct a conference call to address the financial results. A live webcast of the call will be available to individual investors and the public beginning at 10:00 a.m., Eastern Time, on Wednesday, March 27, 2024. The webcast will be available at www.Cintas.com. Click on the webcast icon and then follow instructions. For tho ...
Cintas Acquires Paris Uniform Services
Businesswire· 2024-03-13 13:00
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) has acquired Paris Uniform Services, a Pennsylvania-based, family-owned supplier of uniform and facility services. Paris Uniform Services was founded in 1978 as a subsidiary of Paris Cleaners. Prior to the acquisition, David Stern served as CEO of the company. Paris serviced customers in a four-state region, including Pennsylvania, New York, Maryland and West Virginia. “Paris Uniform Services has been delivering high-quality service and prod ...
Cintas Named One of America's Best Workplaces for Women by Newsweek
Businesswire· 2024-03-07 14:36
Cintas is once again recognized for being committed to creating an equitable workplace for women. (Graphic: Business Wire)Cintas is once again recognized for being committed to creating an equitable workplace for women. (Graphic: Business Wire)CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) has been recognized again for its commitment to creating an equitable workplace for women employee-partners by being named by Newsweek as one of America’s Best Workplaces for Women. “Our corporate cultu ...
Here's Why You Should Hold on to Cintas (CTAS) Stock Now
Zacks Investment Research· 2024-03-07 14:06
Cintas Corporation (CTAS) has been benefiting from strong segmental performances and product enhancement efforts despite increasing costs and forex woes.Let’s discuss the factors that should influence investors to retain the stock for now.Growth CatalystsBusiness Strength: Solid momentum in the health care, education and government verticals is driving revenues at the Uniform Rental and Facility Services segment. The segment’s revenues rose 7.9% year over year in the first six months of fiscal 2024 (ended N ...
Are Industrial Products Stocks Lagging Cintas (CTAS) This Year?
Zacks Investment Research· 2024-02-26 15:41
The Industrial Products group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Cintas (CTAS) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Industrial Products sector should help us answer this question.Cintas is one of 227 companies in the Industrial Products group. The Industrial Products group currently sits at #3 within the Zacks Sector Rank. The Zacks Sector R ...
Cintas Acquires Kentucky's SITEX
Businesswire· 2024-02-20 17:23
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) has acquired SITEX, a Kentucky-based, family-owned supplier of uniform and facility service programs. SITEX was founded by the Sights family in Henderson, Kentucky in 1961. Currently, Wes Sights serves as CEO of SITEX, which has five different locations servicing customers in a four-state region, including Illinois, Indiana, Kentucky and Tennessee. “The Sights family has grown SITEX into a strong regional provider of quality apparel and faci ...
All You Need to Know About Cintas (CTAS) Rating Upgrade to Buy
Zacks Investment Research· 2024-02-13 18:01
Investors might want to bet on Cintas (CTAS) , as it has been recently upgraded to a Zacks Rank #2 (Buy). An upward trend in earnings estimates -- one of the most powerful forces impacting stock prices -- has triggered this rating change.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often find it ...
Cintas Named One of FORTUNE's World's Most Admired Companies
Businesswire· 2024-02-06 14:17
CINCINNATI--(BUSINESS WIRE)--Cintas Corporation (Nasdaq: CTAS) has been named one of FORTUNE’s 2024 World’s Most Admired Companies, ranking second amongst all companies in the Diversified Outsourcing Services category. This is the 16th time that Cintas has been recognized by FORTUNE for this honor. “We are proud to be recognized by our peers and industry experts as a well-run and successful organization,” said Todd Schneider, Cintas President and CEO. “Being recognized again for this award is a reflecti ...