Uniform rental company Cintas Corporation (NASDAQ: CTAS) on Thursday reported an increase in revenues and earnings for the fourth quarter of 2024.
- Fourth-quarter revenue was $2.47 billion compared to $2.28 billion in last year’s fourth quarter, an increase of 8.2%
- The organic revenue growth, adjusted for special items, was 7.5% in the May quarter
- Net income increased to $414.3 million in the fourth quarter from $346.2 million in the prior year quarter
- On a per-share basis, earnings increased about 20% year-over-year to $3.99 during the three months
- Q4 operating income moved up 16.3% to $547.6 million from $470.8 million a year earlier
- The company reported gross margin of $1.22 billion in Q4, compared to $1.08 billion in last year’s fourth quarter
- Gross margin as a percentage of revenue was 49.2%, vs. 47.7% in Q4 2023
Listen to the conference calls as they happen. Don't miss a beat! With AlphaStreet Intelligence, you can listen to live calls and interviews as they happen, so you never have to worry about missing out on important information.
Most Popular
KB Home’s Q3 results expected to benefit from built-to-order model, stable demand
KB Home (NYSE: KBH) has been resilient to challenges like high mortgage rates and the inflation-induced strain on family budgets, while benefitting from the recovery in the housing market. When
Signet Jewelers (SIG) reports lower Q2 2025 sales and adj. profit
Signet Jewelers Limited (NYSE: SIG) has reported a decline in net sales and adjusted earnings for the second quarter of 2025. Same-store sales declined 3.4% during the three months. Net
Adobe reports higher Q3 revenue and earnings; results beat estimates
Design software maker Adobe Inc. (NASDAQ: ADBE) on Thursday reported an increase in third-quarter 2024 revenue and earnings. The results also topped expectations. Third-quarter revenues came in at $5.41 billion,
