LYCOS RETRIEVER 
Cintas: Companies
built 239 days ago
Before a 2004 redesign, the Web site for Cintas Corp., a provider of corporate uniforms and supplies, was little more than a company brochure, said Mike Brigger, manager of e-business marketing. "The old site spent a lot of space on news and events," he said.
Source:
Part of the Cintas culture is about encouraging and recognizing achievement. As a service company, Cintas understands that exceeding expectations leads to wins -- wins on the field, wins in the classroom and wins in life. Education ... takes place outside the classroom. The lessons kids learn on the field will help them in many other areas of their lives (hard work, teamwork, conviction, sacrifice, sportsmanship) and Cintas is proud to play a part in that.
Source:
Over the course of the 1980s, Cintas expanded into 17 new geographic markets via savvy--and often small--acquisitions. Revenues doubled from $63 million in 1983 to $123.7 million in 1987, then doubled again by 1989, to $285 million. By the early 1990s, the company had a presence in three-fourths of the nation's 100 largest markets, and its market share had more than doubled from about 3.5 percent in 1983 to ten percent. Significantly, only about one-third of Cintas' growth during this period was generated by acquisitions, with the remainder coming from organic growth.
Source:
Shares of corporate uniform supplier Cintas Corp. shed 6.6% after the company announced it is lowering its full-year revenue and earnings guidance due to pressures on its customer base. Cintas is now forecasting full-year EPS of $2.03-2.08, down from $2.10-2.20. The company is projecting a revenue range of $3.675 billion-3.725 billion against earlier guidance of $3.77 billion-3.85 billion. Wall Street was expecting EPS of $2.16 on revenue of $3.76 billion. Cintas shares fell $2.66 in AH trading after closing up $0.47 at $40.17. Cintas reported a slight rise in fiscal Q3 net income to $76.7 million ($0.48/share) from $76.6 million ($0.45/share) a year earlier.
Source:
From 1992 to 1997, Cintas added 70 new cities to its roster of service areas. As it grew, the company ... focused on improving its productivity, committing millions to research and development each year. For example, it brought in automated manufacturing systems featuring computerized design, cutting, and embroidery machines, while electronic data interchange systems used bar-coding to manage inventory, processing, and distribution. Mechanization of laundering facilities cut staffing in those operations in half.
Source:
During the third quarter, Cintas purchased approximately 1.4 million shares of Cintas common stock under an authorized share buyback program at a cost of $57 million. Since the inception of this program, the Company has bought back approximately 14.2 million of the outstanding shares, or approximately 8% of the total shares outstanding at the beginning of the program, at a cost of approximately $580 million. The Company continues to operate under this program and has $420 million remaining under its current authorization.
Source:
MORE ABOUT
Companies