Cintas Corp. (CTAS) Tops Q3 EPS by 55c, Offers Guidance
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Cintas Corporation Announces Fiscal 2022 Third Quarter Results
March 23, 2022 8:30 AM EDTCINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2022 third quarter ended February 28, 2022. Revenue for the third quarter of fiscal 2022 was $1.96 billion compared to $1.78 billion in last years third quarter, an increase of 10.3%. The organic revenue growth rate for the third quarter of fiscal 2022, which adjusts for the impacts of acquisitions, divestitures and foreign currency exchange rate fluctuations, was 10.0%.
Gross margin for the third quarter of fiscal 2022 was $898.2 million compared to $809.5 million in last years third quarter. Gross margin as a percentage of revenue was 45.8% for... More
