Shares of professional uniform company Cintas (NASDAQ: CTAS) plunged 9.3% on Thursday as of 12 p.m. EDT. Cintas has been a long-term winner in the market and, prior to the past week, had been up ...

(RTTNews) - Cintas Corporation (CTAS) Tuesday announced said it has proposed to acquire UniFirst Corporation (UNF) for a total value of about $5.3 billion. Cintas has proposed to acquire all ...

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CINCINNATI, January 07, 2025--Cintas Corporation (Nasdaq: CTAS) today announced that it submitted a proposal to the Board of Directors of UniFirst Corporation (NYSE: UNF) to acquire all ...

Cintas delivered its $275/Share Proposal to UniFirst In November; UniFirst rejected Proposal, without any further engagement. Cintas pushes for discussions, emphasizing strategic benefits ...

Corporate apparel company Cintas Corporation (NASDAQ:CTAS) shares are trading lower on Thursday after it reported second-quarter earnings. Quarterly sales of $2.56 billion (+7.8% Y/Y) were in line ...

Cintas Corporation (NASDAQ:CTAS) has made a solid move by submitting a proposal to acquire all outstanding shares of UniFirst for $275 per share in cash.

Revenue increased by 7.8% to $2.56 billion, which was in line with analysts' estimates. Diluted EPS rose 21.1% to $1.09, surpassing the expected $1.01. Net income climbed 19.7% to $448.5 million.

UniFirst Q1 adjusted EPS of $2.40 beats estimates, with revenue slightly below consensus at $604.91M. FY25 revenue guidance revised to $2.425B-$2.440B; EPS guidance maintained at $6.79-$7.19 ...

UniFirst Corp. shares jumped after Cintas Corp. said it made an offer that values the uniform maker at about $5.3 billion. Cintas sent a proposal to UniFirst’s board offering $275 a share, the ...