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Cintas Breaks $3 Billion As The UniFirst Acquisition Nears A Decision!

Cintas Corporation reported its fiscal 2027 first quarter results with total revenues reaching $3.01 billion, marking the first time the company has exceeded $3 billion in quarterly revenue. Organic revenue growth, which excludes acquisitions, currency fluctuations, and workday differences, was recorded at 8.9%. The company highlighted sustained strong demand for its outsourcing services across its various segments, including Uniform Rental and Facility Services, First Aid and Safety Solutions, Fire Protection Services, and Uniform Direct Sale. Diluted earnings per share (EPS) rose 13.3% year-over-year to $1.36, or 15.8% when adjusted for UniFirst merger transaction expenses. Operationally, Cintas achieved a gross margin of 51.5%, an all-time high, with each business segment showing margin improvements, such as a 110-basis-point increase in Uniform Rental and Facility Services and an 80-basis-point increase in First Aid and Safety Services. Operating income increased 15.2% to $711.9 million and operating margin expanded to 23.