$GK (G&K Services Inc.)

$GK {{ '2016-08-16T13:28:29+0000' | timeago}} • Announcement

$GK said its BoD has unanimously approved a definitive agreement pursuant to which $CTAS will buy $GK in a transaction valued at about $2.2Bil, including $GK's outstanding debt. $GK shareholders will receive $97.50 per share in cash for each outstanding share of common stock held.

$CTAS {{ '2018-01-11T15:36:48+0000' | timeago}} • Announcement

$CTAS plans to gradually close its centralized stockroom in Des Moines, IA over the next four months. $CTAS acquired this facility as part of its merger with G&K Services earlier this year. The facilities closure will impact about 35 employee-partners.

$UNF {{ '2018-01-03T13:39:29+0000' | timeago}} • Announcement

$UNF's Core Laundry Operations produced 1Q18 revenues of $373.8 million, up 6.2% from the prior year period. Specialty Garments segment reported revenue of $28.4MM, up 27.2% YoY. This improvement was primarily due to increased outages and project-based activity in the US and Canada.

$UNF {{ '2018-01-03T13:34:15+0000' | timeago}} • Announcement

Uniform provider $UNF reported 21% growth in its 1Q18 results, helped by higher revenues. Net income rose to $34.2MM, or $1.67 per share, compared to $28.2MM, or $1.38 per share during 1Q17. Revenue during the quarter rose 7.7% YoY to $415.8MM, helped by growth in its biggest segment Core Laundry.

$CTAS {{ '2017-12-22T14:19:35+0000' | timeago}} • Webcast

$CTAS said the growth expectations for the First Aid business have continued to be in the high single digits range. The company has a lot of opportunity to grow its customer base with the safety cabinets and other products and services. $CTAS believes there is plenty of good organic growth to come in future.

$CTAS {{ '2017-12-22T13:53:12+0000' | timeago}} • Webcast

$CTAS believes the US tax reform will result in significant benefits to the company. Under the new tax laws, $CTAS expects the effective tax rate for FY18 to be 8-12%. These lower FY18 rates will be incorporated into guidance over the next several months. $CTAS expects effective tax rate for FY19 and thereafter to be 23-26%.

$CTAS {{ '2017-12-22T13:52:42+0000' | timeago}} • Webcast

$CTAS' integration of G&K continues to proceed as planned. The pace of closing duplicate operations increased in 2Q18. $CTAS has closed 50 operations and 47% of G&K locations have been converted to the $CTAS operating system. This enabled $CTAS to realize about $14MM in synergies in 2Q18.

$CTAS {{ '2017-12-21T22:37:35+0000' | timeago}} • Announcement

$CTAS is raising its revenue guidance to a range of $6.36-6.43Bil and EPS from continuing operations to a range of $5.39-5.46.

$CTAS {{ '2017-12-21T22:34:21+0000' | timeago}} • Announcement

$CTAS reported net income of $137MM or $1.23 per share in 2Q18 compared to $140MM or $1.29 per share in 2Q17. Revenue for 2Q18 was $1.61Bil, an increase of 26.4% over 2Q17. The organic revenue growth rate, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 7.7%.

$CTAS {{ '2017-12-21T22:09:18+0000' | timeago}} • Infographic

$CTAS Cintas Corporation Earnings AlphaGraphic: Q2 2018 Highlights

$ABM {{ '2017-12-13T21:51:25+0000' | timeago}} • Announcement

$ABM said it expects to record GAAP earnings from continuing operations between $1.33 per share and $1.43 per share in fiscal 2018. Non-GAAP income from continuing operations is forecasted in the range of $1.70 per share to $1.80 per share.

$ABM {{ '2017-12-13T21:45:29+0000' | timeago}} • Announcement

Manufacturing firm $ABM slipped into the negative territory in 4Q17, hurt by higher expenses. The net loss was $0.06 per share, compared to earnings of $0.14 per share a year earlier. Revenues, meanwhile, rose 13% to $1.5Bil, mainly reflecting the acquisition of GCA Services Group. Organic revenue performance was driven mainly by new business wins.

$COR {{ '2017-12-07T15:17:42+0000' | timeago}} • Announcement

$COR announced a cash dividend of $0.98 per common share for 4Q17. This dividend represents an 8.9% increase over the prior quarterly dividend of $0.90 per share established in May 2017. The increased dividend reflects an annualized dividend rate of $3.92 per share, and is payable on January 16, 2018, to shareholders of record on December 29, 2017.

$CTAS {{ '2017-11-17T14:48:39+0000' | timeago}} • Announcement

$CTAS' BoD approved a $1.62 per share annual dividend, representing a 21.8% increase over last year's annual dividend of $1.33 per share. This dividend is payable on Dec. 8, 2017 to shareholders of record as of Nov. 10, 2017.

$ECL {{ '2017-10-31T14:23:19+0000' | timeago}} • Infographic

$ECL Ecolab Inc. Earnings AlphaGraphic: Q3 2017 Highlights

$CTAS {{ '2017-10-17T19:15:48+0000' | timeago}} • Announcement

$CTAS approved a $1.62 per share annual dividend, representing a 21.8% increase over last year’s annual dividend of $1.33 per share. This dividend is payable on December 8, 2017 to shareholders of record as of November 10, 2017.

$CXW {{ '2017-10-11T13:41:37+0000' | timeago}} • Announcement

$CXW, which provides various solutions to the government, said it will offer $250Bil aggregate principal amount of senior unsecured notes due 2027. The company plans to use the proceeds from the offering to repay a portion of the debt outstanding under its credit facility. The remaining amount, if any, will be used for general corporate purposes.

$CTAS {{ '2017-09-27T14:38:37+0000' | timeago}} • Webcast

$CTAS' Uniform Rental and Facility Services segment gross margin was 46.1% in 1Q18, up 10BP from 46% in prior year period. First Aid and Safety Services segment gross margin was 47.5%, compared to 45.8% in 1Q17, an increase of 170BP.

$CTAS {{ '2017-09-27T14:32:24+0000' | timeago}} • Webcast

During 1Q18, $CTAS' organic growth rate, which adjusts for the impacts of acquisitions and foreign currency exchange rate fluctuations, was 8.3%. The organic growth rate Uniform Rental and Facility Services segment accelerated to a rate of 8.1% and for First Aid and Safety Services segment it was 11.9%. Gross Margin improved to 45.9% in 1Q18.

$CTAS {{ '2017-09-26T21:06:22+0000' | timeago}} • Announcement

$CTAS increased its annual guidance for FY18. The company expects its revenue to be in the range of $6.325-6.400Bil and EPS from continuing operations to be in the range of $5.30-5.38. The increased FY18 guidance does not include any future G&K transaction and integration expenses.

$CTAS {{ '2017-09-26T20:58:50+0000' | timeago}} • Announcement

Uniform rental company $CTAS reported higher 1Q18 results. Revenue for the quarter came in at $1.6Bil, up 27.2% compared to prior year period. This was mainly due to the acquisition of G&K Services. Net earnings rose to $217MM, or $1.96 a share, compared with $138MM, or $1.26 a share, in the year-ago period.

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