secwatch.observer — SEC 8-K summary
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Issuer:     CINTAS CORP (CTAS)
CIK:        0000723254
Form:       8-K
Filed at:   2023-12-21T23:59:59+00:00
Accession:  0000723254-23-000041
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cintas Q2 EPS $3.61 beats; raises FY2024 revenue and EPS guidance
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- Q2 revenue $2.38B (+9.3% YoY), organic growth 9.0%; diluted EPS $3.61 (+15.7%).
- Operating margin improved to 21.0% from 20.5%; gross margin 48.0% (+100bps).
- FY24 revenue guidance raised to $9.48B-$9.56B; EPS guidance raised to $14.35-$14.65.
- Quarterly cash dividend paid Dec 15 increased 17.1% to $137.5M.
- Repurchased 658K shares at avg $486.58 for $320.3M during Q2.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/723254/000072325423000041/0000723254-23-000041-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/723254/000072325423000041/ctas-20231221.htm
  HTML page:      https://secwatch.observer/filing/0000723254-23-000041

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