What changed
$CTAS Cintas beat: Adj EPS $1.39 vs $1.36 est (+2.4%), GAAP $1.38. Revenue $3.0B, up 10.9% yoy. Double-digit top-line growth from the uniform and facilities services giant.
$PAYX Paychex beat: Adj EPS $1.34 vs $1.32 est (+1.6%), but GAAP came in at $1.21 — a 13-cent gap worth noting. Revenue $1.6B, up 5.9% yoy.
$GIS General Mills beat: GAAP EPS $0.75 vs $0.72 est (+4.5%). Revenue $4.4B, down 2.8% yoy — the only top-line decline in today's batch. Staples still squeezing profit out of a shrinking sales base.
THE WRAP: All three beat, but the stories diverge — $CTAS growing revenue double digits, $PAYX posting a wide GAAP/non-GAAP gap, $GIS beating on EPS while sales slip. Watch whether the staples revenue decline is a one-quarter blip or the start of a trend as the rest of consumer earnings roll in.
Why it matters
$CTAS Cintas beat: Adj EPS $1.39 vs $1.36 est (+2.4%), GAAP $1.38. Revenue $3.0B, up 10.9% yoy. Double-digit top-line growth from the uniform and facilities services giant.