{"id":27806,"date":"2024-07-06T23:56:00","date_gmt":"2024-07-06T15:56:00","guid":{"rendered":"https:\/\/www.granitefirm.com\/blog\/us\/?p=27806"},"modified":"2025-12-17T09:40:15","modified_gmt":"2025-12-17T01:40:15","slug":"cintas-selling-uniforms","status":"publish","type":"post","link":"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/","title":{"rendered":"Cintas makes a lot of money from selling uniforms"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #ffffff;color:#ffffff\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #ffffff;color:#ffffff\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Company_Profile\" >Company Profile<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Founded\" >Founded<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Founder\" >Founder<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Business_area\" >Business area<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#IPO\" >IPO<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Major_acquisitions\" >Major acquisitions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Business_covery\" >Business covery<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Operating_performance\" >Operating performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Revenue_sources\" >Revenue sources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Invisible_competitive_advantage\" >Invisible competitive advantage<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Financial_report\" >Financial report<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Capital_market_performance\" >Capital market performance<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Share_price_performance\" >Share price performance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Valuation\" >Valuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Dividend\" >Dividend<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Stock_split\" >Stock split<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Peter_Lynchs_favorite\" >Peter Lynch&#8217;s favorite<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Waste_management_is_the_perfect_industry\" >Waste management is the perfect industry<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Waste_oil_cleaning_is_better\" >Waste oil cleaning is better<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Wall_Street_white-collar_workers_avoid_it\" >Wall Street white-collar workers avoid it<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Conclusion\" >Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/#Related_articles\" >Related articles<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Company_Profile\"><\/span>Company Profile<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Founded\"><\/span>Founded<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p><a href=\"https:\/\/en.wikipedia.org\/wiki\/Cintas\" target=\"_blank\" rel=\"noreferrer noopener\">Cintas (ticker: CTAS) <\/a>is a company headquartered in Cincinnati, USA. In 1929, Cintas&#8217; predecessor, Acme Industrial Laundry Company, was established. In 1972, the company changed its name to Cintas.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Founder\"><\/span>Founder<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The founders are Richard (Doc) Farmer and Amelia Farmer. They collect old, used rags from factories, clean them, and sell them back to businesses. In the early 1940s, Doc&#8217;s son Hershell took over the company and replaced the old rags with shop towels, becoming a service company.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_area\"><\/span>Business area<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Mainly selling uniforms. In addition, the company also provides clothing rental, housekeeping services, first aid and firefighting training, with its main service areas being the United States.<\/p>\n\n\n\n<p>In 1997, Cintas entered the first aid and safety business.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"IPO\"><\/span>IPO<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>In 1983, Cinda was successfully listed on the Nasdaq.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Major_acquisitions\"><\/span>Major acquisitions<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>In 1995, Cintas acquired fellow Cadet Uniform Service and expanded its uniform services to Canada.<\/li>\n\n\n\n<li>In 2002, Cinda acquired several companies, including uniform rental company Omni Services, first aid company Petragon, American First Aid and Respond Industries.<\/li>\n\n\n\n<li>In 2003, Cintas acquired Kamp Fire Equipment, a distributor of fire safety products and services.<\/li>\n\n\n\n<li>In 2015, Sintras acquired Zee Medical from McKesson Corporation for approximately $130 million.<\/li>\n\n\n\n<li>In 2016, Cintas acquired G&amp;K Services for $2.2 billion.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Business_covery\"><\/span>Business covery<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The company offers uniforms, toilet and chemical supplies, mats, microfiber towels, mops, disinfectant sprays and hand sanitizer for both rental and outright purchase. The company also sells first aid supplies, personal protective equipment (PPE), AEDs, training and compliance courses, eyewash stations and water fountains to businesses. <\/p>\n\n\n\n<p>Cintas also provides fire protection systems service and maintenance with a focus on fire extinguishers, advanced fire alarm systems, commercial sprinkler systems, exit lighting and fire alarm monitoring. Part of Cinda&#8217;s measures during the COVID-19 pandemic include increasing cleaning products and services, hand sanitizer, and personal protective equipment and services.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Operating_performance\"><\/span>Operating performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Revenue_sources\"><\/span>Revenue sources<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Uniform rental and facility services account for approximately 80% of its revenue.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Invisible_competitive_advantage\"><\/span>Invisible competitive advantage<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cintas has more than one million customers across various industries. The company provides business supplies, safety equipment and other resources to businesses. Cintas generates a steady stream of revenue from its customers, as many businesses require supplies and safety equipment to function properly. Lack of safety equipment can halt production and lead to non-compliance.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Financial_report\"><\/span>Financial report<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cintas reported solid financials, including a 9.9% annual revenue increase in the third quarter of fiscal 2024. Net income rose 22.0% year over year to $397.6 million.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Capital_market_performance\"><\/span>Capital market performance<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Share_price_performance\"><\/span>Share price performance<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cindax has consistently outperformed the market over the years. Shares are up 20% in 2024 through June, more than tripling in the past five years.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Valuation\"><\/span>Valuation<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The $72 billion company has a price-to-earnings ratio of about 49.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Dividend\"><\/span>Dividend<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>High dividends are not one of the things that attract investors to this stock. Its dividend yield is about 0.76%. Cinda has maintained double-digit dividend growth rates for several consecutive years, and the company has increased dividends for more than 40 consecutive years.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Stock_split\"><\/span>Stock split<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>Cinda&#8217;s stock has been split six times so far. One share initially listed will become 54 shares. Cintas&#8217;s latest stock split will happen in September 2024.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Peter_Lynchs_favorite\"><\/span>Peter Lynch&#8217;s favorite<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Peter Lynch mentioned three stories in his book &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/05\/one-up-on-wall-street\/\">&#8220;One Up on Wall Street&#8221;, Peter Lynch&#8217;s great book for investing newbie<\/a>&#8221; I reproduce the original text of these three paragraphs here to remind investors.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Waste_management_is_the_perfect_industry\"><\/span>Waste management is the perfect industry<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>It\u2019s hard to think of a more perfect industry than waste management. If there\u2019s anything that disturbs people more than animal casings, grease and dirty oil, it\u2019s sewage and toxic waste dumps. That\u2019s why I got very excited one day when the solid waste executives showed up in my office.<\/p>\n\n\n\n<p><strong>Note<\/strong>: Here is a typical stock for this topic also, please see my post of &#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/08\/31\/waste-management-wm\/\" target=\"_blank\" rel=\"noreferrer noopener\">Quasi-monopoly Waste Management (WM)<\/a>&#8220;<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Waste_oil_cleaning_is_better\"><\/span>Waste oil cleaning is better<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Safety-Kleen (acquired by Clean Harbors, ticker: CLH) goes around to all the gas stations and provides them with a machine that washes greasy auto parts. This saves auto mechanics the time and trouble of scrubbing the parts by hand in a pail of gasoline, and gas stations gladly pay for the service. Periodically the Safety-Kleen people come around to<br>remove the dirty sludge and oil from the machine, and they carry the sludge back to the refinery to be recycled. This goes on and on, and you\u2019ll never see a miniseries about it on network TV.<\/p>\n\n\n\n<p>Safety-Kleen hasn\u2019t rested on the spoils of greasy auto parts. It has since branched out into restaurant grease traps and other sorts of messes. What analyst would want to write about this, and what portfolio manager would want to have Safety-Kleen on his buy list? There aren\u2019t many, which is precisely what\u2019s endearing about Safety-Kleen. Like Automatic Data Processing, this company has had an unbroken run of increased earnings. Profits have gone up every quarter, and so has the stock.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Wall_Street_white-collar_workers_avoid_it\"><\/span>Wall Street white-collar workers avoid it<span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p>The graduating class of Wharton isn\u2019t going to want to challenge SCI (ticker: SCI), and you can\u2019t tell your friends in the investment banking firms that you\u2019ve decided to specialize in picking up dirty oil from the gas stations<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>It is really remarkable that a typical humble traditional industry like Cintas, even a company that most people look down upon, can make a lot of money selling uniforms and has almost no rivals in its business.<\/p>\n\n\n\n<p>Cinda&#8217;s success story confirms the key points emphasized in Peter Lynch&#8217;s book: &#8220;High-quality companies in boring and dirty industries&#8221; are good targets for investment, because no one takes a fancy to them, and of course no one will compete with you. Good investment targets are usually companies that provide products or services that the general public constantly need.<\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"200\" height=\"76\" src=\"https:\/\/www.granitefirm.com\/blog\/us\/wp-content\/uploads\/sites\/2\/2024\/06\/Cintas-Custom.jpg\" alt=\"Cintas\" class=\"wp-image-27807\"\/><figcaption class=\"wp-element-caption\">credit: wiki<\/figcaption><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Related_articles\"><\/span>Related articles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/07\/06\/cintas-selling-uniforms\/\" target=\"_blank\" rel=\"noreferrer noopener\">Cintas makes a lot of money from selling uniforms<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/12\/16\/how-deckers-the-third-largest-sports-shoer-make-money\/\">How Deckers, the third-largest sports shoer, make money?<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2025\/07\/24\/on-niche-shoe-sportwear\/\">On, a niche athletic shoe and performance sportswear, amazing performance<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2024\/09\/16\/how-colgate-makes-money\/\">How Colgate makes money? and the benefits to invest in it<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/13\/nike-growth-role-model\/\">How does Nike make money? The role model of growth stocks in non-tech <\/a><\/li>\n\n\n\n<li><a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/04\/13\/nike-growth-role-model\/\">industry<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/05\/27\/lululemons-strategy\/\" target=\"_blank\" rel=\"noreferrer noopener\">Lululemon&#8217;s successful business strategy<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/05\/16\/civilian-production\/\" target=\"_blank\" rel=\"noreferrer noopener\">Discover the possibility of super growth stocks in the civilian production industry<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2022\/12\/29\/procter-gamble-pg\/\">Stocks Better than the S&amp;P 500, Procter &amp; Gamble (P&amp;G) <\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2021\/06\/05\/one-up-on-wall-street\/\">&#8220;One Up on Wall Street&#8221;, Peter Lynch&#8217;s great book for investing newbie<\/a>&#8220;<\/li>\n\n\n\n<li>&#8220;<a href=\"https:\/\/www.granitefirm.com\/blog\/us\/2023\/08\/31\/waste-management-wm\/\" target=\"_blank\" rel=\"noreferrer noopener\">Quasi-monopoly Waste Management (WM)<\/a>&#8220;<\/li>\n<\/ul>\n\n\n\n<p><em><strong>Disclaimer<\/strong><\/em><\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><em>The content of this site is the author\u2019s personal opinions and is for reference only. I am not responsible for the correctness, opinions, and immediacy of the content and information of the article. Readers must make their own judgments.<\/em><\/li>\n\n\n\n<li><em>I shall not be liable for any damages or other legal liabilities for the direct or indirect losses caused by the readers&#8217; direct or indirect reliance on and reference to the information on this site, or all the responsibilities arising therefrom, as a result of any investment behavior.<\/em><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>It is really remarkable that a typical humble traditional industry like Cintas, even a company that most people look down upon, can make a lot of money selling uniforms and has almost no rivals in its business.<\/p>\n","protected":false},"author":1,"featured_media":27807,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[185,43],"tags":[1287,1286],"class_list":["post-27806","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-apparel","category-peter-lynch","tag-ctas","tag-sci"],"_links":{"self":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/27806","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/comments?post=27806"}],"version-history":[{"count":27,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/27806\/revisions"}],"predecessor-version":[{"id":40641,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/posts\/27806\/revisions\/40641"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media\/27807"}],"wp:attachment":[{"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/media?parent=27806"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/categories?post=27806"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.granitefirm.com\/blog\/us\/wp-json\/wp\/v2\/tags?post=27806"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}