Summary
Cintas Corporation (CTAS) filed an 8-K on December 20, 2006, to report its financial results for the quarter ended November 30, 2006. The most significant piece of information provided is management's commentary on earnings before interest and taxes (EBIT). Management highlighted a 10.1% improvement in EBIT compared to the second quarter of fiscal year 2006.
Key Highlights
- 1Cintas Corporation (CTAS) filed an 8-K on December 20, 2006.
- 2The filing provides financial results for the quarter ended November 30, 2006.
- 3Management reported a 10.1% improvement in earnings before interest and taxes (EBIT) for the quarter compared to the second quarter of fiscal year 2006.
- 4The EBIT comparison was presented by management to better account for increased debt levels incurred since the prior fiscal year's second quarter.
- 5The filing includes a press release dated December 19, 2006, as an exhibit.
- 6William C. Gale, Senior Vice President and Chief Financial Officer, signed the report.
Frequently Asked Questions
The main financial information disclosed is Cintas Corporation's results for the quarter ended November 30, 2006, specifically highlighting a 10.1% improvement in earnings before interest and taxes (EBIT) compared to the second quarter of fiscal year 2006.
Management provided the non-GAAP EBIT comparison to offer a clearer picture of performance by adjusting for the impact of increased debt levels that were incurred since the second quarter of fiscal year 2006.
This 8-K filing includes a press release dated December 19, 2006, which contains the detailed financial results, as Exhibit 99.