Cintas 4Q Profit, Sales Rise Ahead of Proposed Unifirst Deal

Dow Jones
07/15
 
 

Cintas recorded higher profit and sales in the fourth quarter, as it prepares to close its acquisition of UniFirst.

The company, which makes uniforms and cleaning supplies for other businesses, on Wednesday posted a profit of $511.0 million, or $1.26 a share, compared with a profit of $448.3 million, or $1.09 a share, a year earlier.

Analysts expected earnings of $1.22 a share in the quarter ended May 31, according to FactSet.

Revenue rose 8.9% to $2.91 billion. Analysts surveyed by FactSet forecast revenue of $2.87 billion.

Cintas is in the midst of closing an acquisition of the uniform company UniFirst. UniFirst shareholders approved the deal in June, while the Federal Trade Commission requested additional information from both companies.

Cintas said both developments were expected. Management expects the deal to close in the second half of this calendar year.

In the new fiscal year, Cintas expects revenue to be in a $12.10 billion to $12.25 billion range, compared with Wall Street's estimate of $12.07 billion.

It anticipates adjusted earnings per share of $5.36 to $5.50, compared with the $5.43 projected by analysts.

The guidance excludes expected impacts from the proposed UniFirst acquisition.

 

Write to Katherine Hamilton at katherine.hamilton@wsj.com

 

(END) Dow Jones Newswires

July 15, 2026 08:57 ET (12:57 GMT)

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