I wrote about Aramark (NYSE: ARMK ) previously with a buy rating as I believed the business could continue to grow its revenue healthily, driven by organic drivers (volume and pricing), and that profit margins would recover back to historicalI am an individual investor that is now fully focus on managing my own capital that I have saved up over the years. My investing background spreads across a wide spectrum as I believe there are merits to each approach, for instance: Fundamental investing [Bottoms-up etc ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 ___________________________________________ For the fiscal year ended September 27, 2024 Commission File Number: 001-36223 | --- | --- | --- | |-----------------------------------------------------|------- ...

Aramark (ARMK) reported fourth-quarter fiscal 2024 results, wherein the top and bottom lines increased year over year. However, revenues came in below the Zacks Consensus Estimate, while earnings matched the consensus mark.The solid performance was driven by increased volumes in its food, beverage and service offerings to sports and entertainment venues. In fiscal 2024, the company delivered robust financial performance, reflecting double-digit organic revenue growth, higher profitability and margin expansi ...

Inquiries: Gene Cleary (215) 409-7945 Cleary-Gene@aramark.com For Immediate Release Felise Glantz Kissell (215) 409-7287 Kissell-Felise@aramark.com Aramark Reports Earnings Results for Fiscal 2024 Company Delivers on 2024 Financial Outlook Board Approves New $500 Million Share Repurchase Program in Early November FISCAL 2024 YEAR-OVER-YEAR SUMMARY • Revenue +8%; Organic Revenue +10% ◦ Represented highest annual revenue in Global FSS history ◦ Driven by base business volume, pricing, and net new business 1 2 ...

U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite falling more than 50 points on Monday.The Dow traded up 0.76% to 44,324.99 while the NASDAQ fell 0.15% to 19,257.81. The S&P 500 also rose, gaining, 0.04% to 5,998.191.Check This Out: Top 4 Health Care Stocks That May Plunge This QuarterLeading and Lagging SectorsFinancials shares surged by 1.4% on Monday.In trading on Monday, information technology shares fell by 1.3%.Top HeadlineAramark ARMK reported better-than-expected fourth- ...

Aramark (NYSE:ARMK) Q4 2024 Earnings Conference Call November 11, 2024 8:30 AM ET Company Participants Felise Kissell - Senior Vice President, Investor Relations and Corporate Development John Zillmer - Chief Executive Officer Jim Tarangelo - Chief Financial Officer Conference Call Participants Neil Tyler - Redburn Atlantic Josh Chan - UBS Isaac Sellhausen - Oppenheimer Andrew Steinerman - JPMorgan Lizzie Dove - Goldman Sachs Jasper Bibb - Truist Securities Faiza Alwy - Deutsche Bank Adam Parrington - Stife ...

Key TakeawaysAramark reported better-than-expected adjusted profit as volumes increased.The food, beverages, and other services provider raised its quarterly dividend.The company also announced a $500 million share repurchase program. Shares of Aramark (ARMK) traded at an all-time high Monday as the provider of food, beverages, and other services to sports and entertainment venues posted better-than-expected adjusted profit as volumes grew. It also boosted its dividend and announced a new stock buyback plan ...

Aramark (ARMK) reported $4.42 billion in revenue for the quarter ended September 2024, representing a year-over-year decline of 9.9%. EPS of $0.54 for the same period compares to $0.64 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $4.44 billion, representing a surprise of -0.51%. The company has not delivered EPS surprise, with the consensus EPS estimate being $0.54.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expe ...

Aramark (ARMK) came out with quarterly earnings of $0.54 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this provider of food, facilities and uniform services would post earnings of $0.30 per share when it actually produced earnings of $0.31, delivering a surprise of 3.33%.Over the last four quarters, the company has surpassed consensus EPS estimates three ti ...

Fiscal 2024 Earnings Results Fiscal 2024 Earnings Results N O V E M B E R 1 1 , 2 0 2 4 2 Forward-Looking Statements This presentation contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current expectations as to future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. These statements include, but are not limited to, statements under the he ...