Cintas Announces Fiscal 2015 Third Quarter Results
Cintas Corporation, Cincinnati, recently reported results for its third quarter ended Feb. 28, 2015. Revenue was $1.11 billion, approximately the same total as last year's third quarter. Operating income for the fiscal 2015 third quarter was $173.6 million, an increase of 16.1 percent compared to last fiscal year's third quarter. Net income for the fiscal 2015 third quarter was $94.9 million.
"Our third quarter results reflect a continuation of the fiscal 2015 game plan," said Scott D. Farmer, Cintas' CEO. "Our employees, whom we call partners, continue to execute at high levels. In addition to the solid results for the quarter, we are pleased to report that we purchased 3.2 million shares of our common stock during the third quarter, demonstrating our commitment to provide shareholder value."
"We are updating our fiscal 2015 guidance based on our third quarter results," Farmer added. "We expect fiscal 2015 revenue to be in the range of $4.46 billion to $4.49 billion, and fiscal 2015 EPS to be in the range of $3.55 to $3.58."