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
Dollar Tree (DLTR): Key points of note from the Q3 2024 earnings report
Shares of Dollar Tree, Inc. (NASDAQ: DLTR) rose over 2% on Wednesday after the company delivered better-than-expected earnings results for the third quarter of 2024. The discount retailer beat estimates
FL Earnings: Foot Locker Q3 2024 adj. profit rises; sales down 1%
Foot Locker, Inc. (NYSE: FL), a leading footwear and apparel retailer, reported an increase in adjusted profit for the third quarter of 2024 and a modest decrease in sales. Net sales
Infographic: How The Campbell’s Company (CPB) performed in Q1 2025
The Campbell's Company (NASDAQ: CPB) reported net sales of $2.8 billion for the first quarter of 2025, up 10% from the same period a year ago. Organic sales decreased 1%.
