Crude Oil Moves Lower; Cintas Raises FY2026 Forecast

Cintas Corp (NASDAQ: CTAS) reported third-quarter earnings per share of $1.24, exceeding the analyst consensus estimate of $1.23, with quarterly sales of $2.84 billion, an 8.9% increase year-over-year, surpassing expectations of $2.821 billion. The company has raised its FY2026 sales outlook to a range of $11.210 billion to $11.240 billion, compared to the previous forecast of $11.150 billion to $11.220 billion and the street view of $11.205 billion. Meanwhile, U.S. crude oil prices fell by 1.7% to $90.74 amid rising crude inventories.