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Aaron Spatz is the writer of SEC Live Filings Digest, detailing the news of companies trading on U.S. stock exchanges. The Filings Digest is but one component of the greater website SEC Live, which specializes in making SEC filings easy to read, research, navigate, and much more.
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  • Cintas Revenue And Earnings Increase 0 comments
    Dec 20, 2013 10:00 AM | about stocks: CTAS

    Originally published at www.seclive.com

    Filing in Focus: Cintas 8-K, December 19, 2013

    Cintas Corporation (NASDAQ:CTAS) announced its second quarter financial results for the 2014 fiscal year, reporting increases in both revenue and earnings. The corporate-supply store posted revenue of $1.14B, a 7.9% increase from a year ago, while organic growth improved 7.1%. The company's earnings were up 8.8% from $78.0M to $84.9M, while earnings per share increased 11.1% from $0.63 to $0.70 per share. CEO Scott Farmer commented that the company's results during the year and the current quarter have been strong, and that despite a hesitant job market Cintas continues to generate new business. Cintas paid a $0.77 per share dividend to shareholders last week, a 20.3% increase from a year ago. This marks the 31st consecutive year the company has raised its dividend, which is also every year since it went public.

    Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

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