secwatch.observer — SEC 8-K summary
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Issuer:     CINTAS CORP (CTAS)
CIK:        0000723254
Form:       8-K
Filed at:   2021-09-29T23:59:59+00:00
Accession:  0000723254-21-000029
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cintas Q1 FY2022: EPS $3.11 (+11.9% YoY), revenue $1.90B (+8.6%), raises full-year guidance
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- Diluted EPS $3.11 vs $2.78 a year ago, up 11.9%; revenue $1.90B vs $1.75B, up 8.6%.
- Operating margin improved 80 bps to 20.8%; gross margin up 30 bps to 47.6%.
- Raised FY2022 revenue guidance to $7.58B-$7.67B (from $7.53B-$7.63B) and EPS to $10.60-$10.90 (from $10.35-$10.75).
- Quarterly dividend increased 26.7% to $0.95 per share, paid Sep 15, 2021.
- FY2022 effective tax rate expected ~19.5% vs 13.7% in FY2021, reducing EPS growth by ~$0.77.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723254/000072325421000029/0000723254-21-000029-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723254/000072325421000029/ctas-20210929.htm
  HTML page:      https://secwatch.observer/filing/0000723254-21-000029

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer