Yesterday, Cintas Corp. (CTAS) declared first quarter fiscal 2010 financial results. Quarterly revenue of $891.6 million declined 11% year-over-year but was up 1.5% sequentially. The yearly decline in revenue was primarily due to an extremely challenging economic environment that resulted in massive job cuts in almost all businesses. On a GAAP basis, net income was $54 million or 35 cents per share, compared to a net income of $78.6 million or 51 cents in the prior-year quarter and a net income of $4.1 million or 3 cents per share in the previous quarter. However, Cintas’ quarterly adjusted (excluding special items) profit of $66 million or 43 cents per share beats the Zacks Consensus Estimate of 40 cents. Quarterly gross margin was 42.9%, up from 42.4% a year ago and 38.1% in the previous quarter. This reflects aggressive cost-cutting measures taken by management during the ...

Six Dow components are scheduled to report as large-cap stocks dominate the first big week of earnings season. The 6 companies are Bank of America (...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Agrium Inc (AGU) Benchmark Electronics Inc (BHE) Blyth Inc (BTH) Brandywine Realty Trust (BDN) Build-A-Bear Workshop Inc (BBW) Callaway Golf Co (ELY) Ciena Corp (CIEN) Cincinnati Financial Corp (CINF) Cintas Corp (CTAS) Denison Mines Corp (DNN) DRI Corp (TBUS) Ethan Allen Interiors Inc (ETH) Fresh Del Monte Produce Inc (FDP) Georgia Gulf Corp (GGC) Harsco Corp (HSC) IMS Health Inc (RX) Independent Bank Corp (IBCP) Integra Bank Corp (IBNK) Irwin Financial Corp (IFC) ITT Corp (ITT) Kelly Services Inc (KELYA) Kinder Morgan Energy Partners LP (KMP) Legacy Bancorp Inc (LEGC) Liberty Property Trust (LRY) LSI Industries Inc (LYTS) MSC Industrial Direct Co Inc (MSM) Norfolk Southern Corp (NSC) ...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

ABB Ltd (ABB) Actuant Corp (ATU) ATMI Inc (ATMI) BancTrust Financial Group Inc (BTFG) Benchmark Electronics Inc (BHE) Blyth Inc (BTH) BRT Realty Trust (BRT) Cincinnati Financial Corp (CINF) Cintas Corp (CTAS) Cleco Corp (CNL) CONMED Corp (CNMD) Dover Saddlery Inc (DOVR) Enterprise Financial Services Corp (EFSC) Ethan Allen Interiors Inc (ETH) Fairpoint Communications Inc (FRP) Fuel Tech Inc (FTEK) Hartford Financial Services (HIG) Insteel Industries Inc (IIIN) INX Inc (INXI) FirstService Corp (FSRV) JA Solar Holdings Co Ltd (JASO) JDA Software Group Inc (JDAS) Live Nation Inc (LYV) LoJack Corp (LOJN) MSC Industrial Direct Co Inc (MSM) Open Text Corp (OTEX) Pennichuck Corp (PNNW) Sanmina-SCI Corp (...

Here are the stocks added to the Zacks #5 Rank ("strong sell") List today:

Accuride Corp (AURD) Argo Group International Holdings Ltd (AGII) ATMI Inc (ATMI) BancTrust Financial Group Inc (BTFG) Benchmark Electronics Inc (BHE) Brasil Telecom SA (BTM) China Security & Surveillance Tech Inc (CSR) Cintas Corp (CTAS) Community Bancorp (CBON) CRM Holdings Ltd (CRMH) Cynosure Inc (CYNO) Dayton Superior Corp (DSUPQ) Erie Indemnity Co (ERIE) Fairpoint Communications Inc (FRP) First Security Group Inc (FSGI) Fuel Tech Inc (FTEK) The Hain Celestial Group Inc (HAIN) Hartford Financial Services (HIG) Innophos Holdings Inc (IPHS) INX Inc (INXI) JDA Software Group Inc (JDAS) LoJack Corp (LOJN) Mercer International Inc (MERC) MetroCorp Bancshares Inc (MCBI) Montpelier Re Holdings Ltd (MRH) Open Text Corp (OTEX) Pacific ...

Cintas Corp. (CTAS) reported second-quarter earnings that missed the consensus estimate and withdrew its 2009 guidance, citing uncertainties that were likely to continue through the rest of the year. The disapoitning performance and bleak outlook sent shares down nearly 12%.

In the latest quarter, the supplier of corporate uniforms said net income fell 13% to $71.8 million, or 47 cents per share, hurt by higher energy and commodity costs in a tough economic environment. Average forecast was pegged at 55 cents a share.

Cintas also withdrew its full-year profit guidance of $2.22 to $2.30 per share on revenue of $4.10 billion to $4.20 billion. The company said its markets were experiencing extremely volatile conditions that were largely outside its control.

Meanwhile, the Labor Department said Cintas would have to pay a fine of $3 million to resolve 6 safety-related cases, including the death of a worker last

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No companies are expected to top expectations. Best Buy Co., Inc. (

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