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Uniform rental company Cintas Corporation (NASDAQ: CTAS ) on Wednesday announced its financial results for the third quarter of 2023, reporting higher revenue and profit.
At $2.19 billion, third quarter revenue was up 12% year over year, reflecting strong contributions from core Uniform Rental Services and Facilities.
As a result, adjusted earnings rose to $3.14 per share in the third quarter from $2.69 per share a year earlier. Unadjusted net income rose to $325.8 million or $3.14 per share in the most recent quarter from $315.4 million or $2.97 per share last year.
“Through innovative solutions and regular service visits, our employees take care of important tasks that help customers keep their workplaces running smoothly. This allows customers to have more time to focus on their business,” said Todd Schneider, executive director of Cintas.
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