Cintas Acquires North Carolina-based Rental Uniform Service For Undisclosed Terms

RTTNews | 694 दिनों पहले
Cintas Acquires North Carolina-based Rental Uniform Service For Undisclosed Terms

(RTTNews) - Cintas Corp. (CTAS) announced Thursday it has acquired Rental Uniform Service, a North Carolina-based, family-owned and operated uniform and facility services rental business. The terms of the deal were not disclosed.

The acquisition expands Cintas' footprint in Carolinas with family-owned business, Rental Uniform.

Rental Uniform Service was founded in 1949 by James Waggoner. Currently, James' grandson, Danny Lawrence, serves as CEO, with James' four daughters also involved in leading the company. The business services customers in North Carolina, South Carolina, and Tennessee through two locations: its original Statesville, N.C. plant and its Gastonia, N.C. plant.

टैग: CTAS
read more
Cintas Boosts FY24 Outlook - Update

Cintas Boosts FY24 Outlook - Update

While reporting financial results for the first quarter on Tuesday, Cintas Corp. (CTAS) raised its earnings and revenue guidance for the full-year 2024.
RTTNews | 703 दिनों पहले
Cintas Boosts FY23 Outlook - Update

Cintas Boosts FY23 Outlook - Update

While reporting financial results for the third quarter on Thursday, Cintas Corp. (CTAS) raised its earnings and revenue guidance for the full-year 2023.
RTTNews | 884 दिनों पहले
Cintas Boosts FY23 Outlook As Q2 Results Top Estimates

Cintas Boosts FY23 Outlook As Q2 Results Top Estimates

Business services company Cintas reported on Wednesday that profit for the second quarter grew 10 percent from last year, driven by improved margins and double-digit revenue growth. Both earnings per share and revenues topped analysts' expectations. The company also raised its earnings and revenue outlook for the full-year 2023.
RTTNews | 982 दिनों पहले
Swiss Market Ends Modestly Lower

Swiss Market Ends Modestly Lower

Save for a very brief while early on in the session, and for less than an hour a little past mid afternoon, the Switzerland market stayed in negative territory on Friday with investors largely staying cautious due to a lack of positive triggers.
RTTNews | 24 मिनटों पहले
European Stocks Close Lower On Geopolitical Tensions

European Stocks Close Lower On Geopolitical Tensions

European stocks closed lower on Friday, weighed down by geopolitical concerns due to rising clashes in Gaza and Ukraine, and political uncertainty in France. Investors also digested the latest batch of economic data, including the closely watched U.S. personal consumption expenditure report.
RTTNews | 53 मिनटों पहले
U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

U.S. Consumer Sentiment Deteriorates Slightly More Than Initially Estimated In August

The University of Michigan released a report on Friday showing consumer sentiment in the U.S. deteriorated by slightly more than previously estimated in the month of August. The report said the consumer sentiment index for August was downwardly revised to 58.2 from the preliminary reading of 58.6.
RTTNews | 3घंटे 38 मिनट पहले
Chicago Business Barometer Slumps Much More Than Expected In August

Chicago Business Barometer Slumps Much More Than Expected In August

MNI Indicators released a report on Friday showing a sharp pullback by its reading on Chicago-area business activity in the month of August. The report said the Chicago business barometer tumbled to 41.5 in August after jumping to 47.1 in July, with a reading below 50 indicating contraction. Economists had expected the business barometer to edge down to 46.0.
RTTNews | 3घंटे 56 मिनट पहले
U.S. Consumer Prices Increase In Line With Estimates In July

U.S. Consumer Prices Increase In Line With Estimates In July

Consumer prices in the U.S. increased in line with economist estimates in the month of July, according to closely watched data released by the Commerce Department on Friday. The Commerce Department said its personal consumption expenditures (PCE) price index rose by 0.2 percent in July after climbing 0.3 percent in June. The uptick matched expectations.
RTTNews | 4घंटे 40 मिनट पहले