Narrows FY24 revenue view to $10.26B-$10.32B from $10.22B-$10.32B, consensus $10.29B. Sees FY25 effective tax rate 20.2%. Schneider concluded, “We are updating our annual revenue expectations from a range of $10.220 billion to $10.320 billion to a range of $10.255 billion to $10.320 billion and updating our diluted EPS guidance from a range of $4.17 to $4.25 to a range of $4.28 to $4.34. We believe that Cintas (CTAS)’ differentiated culture, superior products and services and industry-best talent continue to position us to deliver meaningful value creation in fiscal 2025 and beyond.”
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