Earnings ·
Cintas raises full-year revenue guidance to $12.15B-$12.27B after Q1 earnings beat
CTASCintas Corp
Cintas Corporation reported fiscal 2027 first quarter results ending August 31, 2026. Revenue increased 10.9% to $3.01 billion from $2.72 billion in the prior year period, driven by an 8.9% organic growth rate. Gross margin expanded 120 basis points to 51.5%, and operating income rose 15.2% to $711.9 million. Net income grew 12.3% to $551.7 million, yielding diluted earnings per share of $1.36 compared to $1.20 previously. The company raised its full-year fiscal 2027 revenue guidance to a range of $12.15 billion to $12.27 billion and adjusted diluted EPS expectations to $5.45–$5.54, up from previous ranges. These updates reflect strong operational performance despite $14.4 million in transaction expenses related to the proposed acquisition of UniFirst Corporation. Cintas operates in the business services industry, providing uniforms, facility maintenance products, and safety equipment.