CTAS - Corporate Apparel Company Cintas' Q1: Bottomline Beat Inline Revenue Raised FY24 Outlook & More | Benzinga
Cintas Corporation (NASDAQ: CTAS) reported first-quarter FY24 revenue growth of 8% year-on-year to $2.34 billion, meeting the analyst consensus estimate.
Organic revenue growth rate, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 8.1% for the quarter.
Gross margin expanded by 120 basis points Y/Y to 48.7% in the quarter.
Operating ...