Cintas Corp. (CTAS) Tops Q2 EPS by 9c; Raises Outlook
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Cintas Corporation Announces Fiscal 2023 Second Quarter Results
December 21, 2022 8:30 AM ESTCINCINNATI--(BUSINESS WIRE)-- Cintas Corporation (Nasdaq: CTAS) today reported results for its fiscal 2023 second quarter ended November 30, 2022. Revenue for the second quarter of fiscal 2023 was $2.17 billion compared to $1.92 billion in last years second quarter, an increase of 13.1%. The organic revenue growth rate for the second quarter of fiscal 2023, which adjusts for the impacts of acquisitions, divestitures and foreign currency exchange rate fluctuations, was 12.8%.
Gross margin for the second quarter of fiscal 2023 was $1,022.4 million compared to $885.1 million in last years second quarter, an increase of 15.5%. Gross margin as a... More
