Cintas Corporation Q3 FY2026 earnings call

Business performs exceptionally well, adding new customers and successfully cross-selling. Retention at record levels, pricing consistent with historical levels. Laser-focused on managing inputs, invested in technologies like SAP, supply chain a strategic advantage. Focused on investing in route capacity, talent pipeline, technologies, and selling resources in different segments.

Third quarter total revenue grew 8.9% to $2.84 billion. Organic growth rate was 8.2%. Organic growth by business was 7.3% for uniform rental facility services, 14.6% for first aid and safety services, 10% for fire protection services, and 3.1% for uniform direct sale. Gross margin percentage by business was 50.3% for uniform rental facility services, 58.1% for first aid and safety services, 50.5% for fire protection services, and 41.4% for uniform direct sale.

Raising fiscal 2026 financial guidance. Expect revenue in range of $11.21 billion to $11.24 billion, growth rate 8.4% to 8.7%. Adjusted diluted EPS in range of $4.86 to $4.90, growth rate 10.5% to 11.4%. Merger with Unifirst expected to close in second half of 2026, will incur non-recurring transaction costs, adjusted EPS guide excludes impact of these costs.

And our first question comes from Tim Mulrooney from William Blair... And our next question comes from George Tong from Goldman Sachs... And our next question comes from Justin Hawk from RW Baird... And our next question comes from Manav Patnaik from Barclays... And our next question comes from Josh Chan from UBS... And our next question comes from Jasper Bibb from Truist Securities... And our next question comes from Andrew Steinerman from J.P. Morgan Securities... And our next question comes from Jason Haas from Wells Fargo... And our next question comes from Ashish Sabhadra from RBC... And our next question comes Faiza Aoui from Deutsche Bank... And our next question comes from Connor Cerniglia from Alliance Bernstein... And our next question comes from Seth Weber from BNP Paribas...