Uniform rental firm Cintas raises annual profit forecast on resilient demand, cost savings
The
The company is also offering bundled products at a lower price compared to what it charges for individual services, in an effort to retain customers.
Besides, it has heavily invested in technology to reduce costs, such as in a routing system called SmartTruck - an application showing shorter routes to its delivery destinations, helping it save time and fuel.
The uniform rental company now expects its fiscal 2025
profit per share to be between
The company expects its organic revenue to grow between 7.4% and 7.7%, compared with its prior range of a 7% to 7.7% rise.
Its third-quarter revenue rose 8.4% to
Separately, the company said on Monday it has terminated
discussions related to the acquisition of rival
(c) Reuters 2025. All rights reserved. Republication or redistribution of Reuters content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Reuters. Reuters and the Reuters sphere logo are registered trademarks and trademarks of the Reuters group of companies around the world.

Related News
-
Trump tells NBC he 'couldn't care less' if car makers hike prices due to tariffs
Reuters - 8:05 PM ET 3/29/2025
-
US orders French companies to comply with Trump's diversity ban
Reuters - 5:26 PM ET 3/29/2025
-
US to revoke authorizations to foreign partners of Venezuela's PDVSA, sources say
Reuters - 5:08 PM ET 3/29/2025
-
US to revoke authorizations to foreign partners of Venezuela's PDVSA, sources say
Reuters - 4:56 PM ET 3/29/2025
-
Brazil meatpacker JBS to spend $100 million to build 2 factories in Vietnam
Reuters - 3:21 PM ET 3/29/2025
-
No sign Trump will honor US auto tariff protections won by Canada, Mexico in 2018
Reuters - 3:00 PM ET 3/29/2025
-
ING met Italy's Popolare di Sondrio amid European expansion plan, source says
Reuters - 2:40 PM ET 3/29/2025