Earnings call transcript: Cintas tops Q1 2026 forecasts, raises guidance
Cintas Corp. reported better-than-expected first-quarter results for fiscal 2027, with diluted earnings of $1.36 per share on revenue of $3.01 billion. Analysts had forecasted $1.35 per share and $2.98 billion in revenue. Despite the beat, the company's stock slipped 0.66% in pre-market trading. Revenue rose 10.9% from the previous year, marking the first time sales topped $3 billion for the firm.
Organic revenue growth was 8.9%, indicating strong underlying demand, while operating margin reached an all-time high of 23.6%. Cintas raised its guidance for fiscal 2027, projecting revenue between $12.15 billion and $12.27 billion and adjusted EPS between $5.45 and $5.54. The company attributes its success to volume growth, customer retention, and cross-selling across its various segments, including uniform rental, first aid and safety, fire protection, and uniform direct sales.
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