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Cintas Stock Jumps After Annual Earnings Target Lifted
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Cintas shares rose 7% after the supplier of uniforms, mops, restroom supplies and safety products raised its earnings guidance for the fiscal year. The morning move widened Cintas stock's gain this year to 13%. Cintas recorded fiscal third-quarter net income of $463.5 million, or $1.13 a share, against $397.6 million, or 96 cents, a year earlier.