Aramark provided updates on its global responsible business practices and performance in the 2023 Be Well. Do Well. Progress Report published today. (Photo: Business Wire)Aramark provided updates on its global responsible business practices and performance in the 2023 Be Well. Do Well. Progress Report published today. (Photo: Business Wire)PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, busine ...

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its first quarter fiscal 2024 results on Tuesday, February 6, 2024 at 8:30 a.m. ET. A news release containing the results will be issued before the call. The conference call will be broadcast live on the Aramark Investor Relations website. Those parties interested in participation via dial-in may register here. Once registration is completed, partic ...

Program Overview - Aramark announced a new program to remotely connect clinical dietitians with hospital patients using cloud-based technologies [1] - The program includes a technology service agreement with Teladoc Health, leveraging Teladoc's Solo platform integrated with Microsoft Teams [1] - Hospitals must have a clinical nutrition service agreement with Aramark to participate [1] Program Benefits - The program enables vulnerable patients in underserved areas to receive better care by removing technology and location barriers [2] - Hospitals gain access to regulatory-compliant medical nutrition therapy, trained dietitians, Teladoc hardware, services, technical support, and remote device monitoring [2] - The program helps recruit more clinical dietitians by allowing them to work across a wide range of clients in licensed states [3] Pilot Example - At the University Medical Center in Lubbock, Texas, a vacant clinical dietitian position typically takes 6 months to fill [3] - Using the program, a clinician temporarily relocated to another part of Texas was able to continue working full-time as a pediatric dietitian [3] - The clinician completed all program requirements within two months and remains a vital part of the medical team [3] Industry Impact - Clinical dietitians are in high demand, especially in rural areas facing hiring shortages [3] - The program helps hospitals retain difficult-to-recruit dietitians and maintain high-quality patient care [4] Company Background - Aramark Healthcare+ serves over 600 healthcare facilities in the US, offering food services, environmental services, and facilities management [5] - The company focuses on improving patient outcomes through hospitality, science, and culinary expertise [5] - Aramark operates in 18 countries, serving educational institutions, Fortune 500 companies, sports teams, healthcare providers, and cultural attractions [6] - The company has been recognized for diversity, responsibility, and LGBTQ equality [7]

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 29, 2023 Commission File Number: 001-36223 | --- | --- | --- | |-----------------------------------------------------|------- ...

Aramark (NYSE:ARMK) Q4 2023 Earnings Conference Call November 14, 2023 8:30 AM ET Company Participants Felise Kissell - Senior Vice President, Investor Relations & Corporate Development John Zillmer - CEO Tom Ondrof - CFO Conference Call Participants Harry Martin - Bernstein Neil Tyler - Redburn Atlantic Ian Zaffino - Oppenheimer Andrew Steinerman - JPMorgan Heather Balsky - BOA Andrew Wittmann - Baird Toni Kaplan - Morgan Stanley Shlomo Rosenbaum - Stifel Josh Chan - UBS Stephanie Moore - Jefferies Operato ...

Inquiries: For Immediate Release Felise Kissell Scott Sullivan (215) 409-7287 (215) 238-3953 Kissell-Felise@aramark.com Sullivan-Scott@aramark.com Aramark Reports Fourth Quarter and Full Year Fiscal 2023 Results Q4 YEAR-OVER-YEAR SUMMARY • Revenue +12%; Organic Revenue +11% ◦ Global FSS +12%1; Uniform Services +5%1 • Operating Income +40%; Adjusted Operating Income (AOI) +28%1 ◦ Global FSS AOI +33%1; Uniform Services AOI +15%1 • EPS +169% to $0.78; Adjusted EPS +34%1 to $0.64 ◦ GAAP EPS included a gain on s ...

Aramark Business Review Forward-Looking Statements SpecialNoteAboutForward-LookingStatements Thispresentationcontains"forward-lookingstatements"withinthemeaningofthePrivateSecuritiesLitigationReformActof1995.Thesestatementsreflectourcurrentexpectationsastofutureeventsbasedon certainassumptionsandincludeanystatementthatdoesnotdirectlyrelatetoanyhistoricalorcurrentfact.Thesestatementsinclude,butarenotlimitedto,statementsundertheheadings“HittingKeyStrategic Milestones,”“Fiscal2023Outlook,"and“QuarterlyCadenceo ...

Financial Data and Key Metrics Changes - Aramark reported consolidated revenue of over $4.7 billion for Q3 2023, reflecting year-over-year organic growth exceeding 14% driven by 6% pricing and strong contributions from net new business [16][22] - Operating income for Q3 was $203 million, with adjusted operating income of $240 million, representing a 34% increase on a constant currency basis compared to the same quarter last year [16][22] - Adjusted EPS was $0.36, a 48% increase year-over-year on a constant currency basis [20][22] Business Line Data and Key Metrics Changes - Global Food & Support Services (FSS) organic revenue grew by over 16% year-over-year, with the US segment growing nearly 15% driven by new business and increased spending in Sports & Entertainment [7][17] - Uniform Services organic revenue increased by approximately 5%, primarily due to pricing actions and growth in adjacency sales, despite an 80 basis point impact from the rollback of an energy surcharge [11][18] Market Data and Key Metrics Changes - International organic revenue increased by more than 20% year-over-year, driven by strong net new business in Europe and mining activity in South America [7][9] - Retention rates across all segments remained above 95%, indicating strong client relationships and satisfaction [8][10] Company Strategy and Development Direction - The company is focused on growth and returning to normalized margins, with significant progress on the Uniform Services spin-off transaction expected to complete by the end of the fiscal year [5][11] - The future Board of Directors for Uniform has been announced, composed of industry veterans to drive strategic insight and value creation [12][14] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in achieving normalized margins, with meaningful price adjustments from clients expected to benefit margins in Q4 and into fiscal 2024 [9][10] - The company raised its organic revenue growth expectations for fiscal 2023 to near 15%, with Global FSS expected to grow near 17% [22][23] Other Important Information - The company received recognition for its sustainability efforts and commitment to diversity, equity, and inclusion, highlighting its focus on ESG initiatives [15][14] - Net cash provided by operating activities was $23 million, with free cash flow usage of $80 million in the quarter, consistent with typical seasonality [21][22] Q&A Session Summary Question: International organic growth acceleration - Management noted that international growth was driven by new account sales and strong performance in the Sports & Entertainment sector, with retention rates remaining high [26][29] Question: Ramp-up of new business wins - Management confirmed that new business continues to mature as expected, with significant accounts from 2020 and 2021 contributing positively to margins [27][30] Question: Major shareholders reducing stake - Management acknowledged the intentions of Mantle Ridge as stated in the 13D form, emphasizing a positive relationship with them [28] Question: Fourth quarter AOI margins - Management confirmed that the implied AOI margin for Q4 is around 6.9%, with ongoing pricing adjustments still needed to fully catch up with inflation [32][33] Question: Underlying leverage for Uniform business - Management indicated that the leverage ratio for the Uniform business is expected to be around four times post-spin-off, with a focus on maintaining parity [36][37] Question: Pricing dynamics and margin seasonality - Management stated that pricing in Q3 was approximately 6%, and while pricing will continue to be a driver, the overall margin shape will remain U-shaped moving into 2024 [72][78]

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 June 30, 2023 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 | --- | --- | --- | |-----------------------------------------------------------------------|---------------------------------------------------------------- ...

Aramark (NYSE:ARMK) Q2 2023 Earnings Conference Call May 9, 2023 8:30 AM ET Company Participants Felise Kissell - Vice President of Investor Relations and Corporate Development John Zillmer - Chief Executive Officer Tom Ondrof - Chief Financial Officer Conference Call Participants Toni Kaplan - Morgan Stanley Heather Balsky - Bank of America Ian Zaffino - Oppenheimer Neil Tyler - Redburn Andrew Steinerman - JPMorgan Shlomo Rosenbaum - Stifel Jaafar Mestari - BNP Paribas Exane Harry Martin - Bernstein Leo Ca ...