CTAS - Why Is Corporate Apparel Company Cintas' Stock Is Jumping Today? | Benzinga
Cintas Corporation (NASDAQ: CTAS) reported second-quarter FY24 sales growth of 9.3% year-on-year to $2.38 billion, beating the analyst consensus estimate of $2.34 billion.
Organic revenue growth rate, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 9% for the quarter.
Gross margin expanded by 100 basis points Y/Y to 48% in the quarter.
Operating ...