Corporate apparel company Cintas Corporation (NASDAQ:CTAS) shares are trading relatively flat on Wednesday.
The company reported first-quarter earnings per share of $1.10, beating the analyst consensus of 95 cents. Quarterly sales of $2.50 billion (+6.8%) marginally outpaced the street view of $2.495 billion.
Gross profit for the first quarter was $1.25 billion compared to $1.14 billion in last year’s first quarter, an increase of 9.7%. Gross margin expanded to 50.1% ...
