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Aramark(ARMK) - 2024 Q2 - Quarterly Report
2024-05-07 20:29
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___________________________________________ FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 or 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 29, 2024 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |---------------------------------------------------------------------------------|----------------------------------------------------- ...
Aramark(ARMK) - 2024 Q2 - Earnings Call Transcript
2024-05-07 17:22
Aramark (NYSE:ARMK) Q2 2024 Earnings Conference Call May 7, 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 Toni Kaplan - Morgan Stanley Ian Zaffino - Oppenheimer Lizzie Dove - Goldman Sachs Emily Marzo - BOA Andrew Steinerman - JPMorgan Neil Tyler - Redburn Atlantic Shlomo Rosenbaum - Stifel Leo Carrington - Citi Ashish Sabadra ...
Aramark(ARMK) - 2024 Q2 - Earnings Call Presentation
2024-05-07 14:59
TOGETHER WE ARE | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |------------------|-------|-------|-------|-------|-------|-------|-------|-------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Q2 Fiscal 2024 | | | | | | | | | | | | | | | | | | | | | | | | | | | | Earnings Results | | | | | | | | | | | | | | May 7, 2024 | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Forward-Looking Statements TOGE ...
Aramark (ARMK) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates
Zacks Investment Research· 2024-05-07 14:36
For the quarter ended March 2024, Aramark (ARMK) reported revenue of $4.2 billion, down 8.7% over the same period last year. EPS came in at $0.29, compared to $0.28 in the year-ago quarter.The reported revenue represents a surprise of -1.07% over the Zacks Consensus Estimate of $4.25 billion. With the consensus EPS estimate being $0.26, the EPS surprise was +11.54%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their nex ...
Aramark (ARMK) Surpasses Q2 Earnings Estimates
Zacks Investment Research· 2024-05-07 12:41
Aramark (ARMK) came out with quarterly earnings of $0.29 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.28 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 11.54%. A quarter ago, it was expected that this provider of food, facilities and uniform services would post earnings of $0.35 per share when it actually produced earnings of $0.41, delivering a surprise of 17.14%.Over th ...
Aramark(ARMK) - 2024 Q2 - Quarterly Results
2024-05-07 10:33
For Immediate Release Inquiries: Felise Glantz Kissell (215) 409-7287 Kissell-Felise@aramark.com Gene Cleary (215) 409-7945 Cleary-Gene@aramark.com Aramark Reports Second Quarter Earnings YEAR-OVER-YEAR SUMMARY • Revenue +7%; Organic Revenue +9% ◦ Growth from strong base business volume, pricing actions, and net new business ◦ Record revenue in a second quarter for both the FSS U.S. and International segments • Operating Income +27% ; Adjusted Operating Income (AOI) +29% ◦ Operating Income Margin +59 bps; A ...
Countdown to Aramark (ARMK) Q2 Earnings: Wall Street Forecasts for Key Metrics
Zacks Investment Research· 2024-05-02 14:21
In its upcoming report, Aramark (ARMK) is predicted by Wall Street analysts to post quarterly earnings of $0.26 per share, reflecting a decline of 7.1% compared to the same period last year. Revenues are forecasted to be $4.25 billion, representing a year-over-year decrease of 7.8%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This represents how the covering analysts, as a whole, have reassessed their initial estimates during this timeframe.Before a company reveal ...
Aramark Chefs Awarded Distinguished ProChef® Certification From the Culinary Institute of America
Businesswire· 2024-03-14 11:30
Aramark announced 17 chefs from its Collegiate Hospitality group have graduated from the prestigious ProChef® certification program at The Culinary Institute of America (CIA). Seen here is one of the three graduating cohorts. (Photo: Business Wire)Aramark announced 17 chefs from its Collegiate Hospitality group have graduated from the prestigious ProChef® certification program at The Culinary Institute of America (CIA). Seen here is one of the three graduating cohorts. (Photo: Business Wire)PHILADELPHIA--(B ...
Aramark to Participate in Upcoming BofA Securities Investor Conference
Businesswire· 2024-03-07 12:51
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced that the Company’s Chief Executive Officer, John Zillmer, and Chief Financial Officer, James Tarangelo, will participate in the BofA Securities Information and Business Services Conference on Thursday, March 14, 2024, with a featured Fireside Chat session beginning at 8:00 a.m. ET. A live audio webcast and replay of the fireside chat session will be available through the Investor Relations sect ...
Has Aramark (ARMK) Outpaced Other Consumer Staples Stocks This Year?
Zacks Investment Research· 2024-02-14 15:46
Investors interested in Consumer Staples stocks should always be looking to find the best-performing companies in the group. Has Aramark (ARMK) been one of those stocks this year? A quick glance at the company's year-to-date performance in comparison to the rest of the Consumer Staples sector should help us answer this question.Aramark is one of 193 companies in the Consumer Staples group. The Consumer Staples group currently sits at #13 within the Zacks Sector Rank. The Zacks Sector Rank gauges the strengt ...