ARMK Stock Recent News

Aramark (NYSE:ARMK ) Q1 2025 Earnings Conference Call February 4, 2025 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 Ian Zaffino – Oppenheimer Lizzie Dove – Goldman Sachs Andrew Steinerman – JPMorgan Toni Kaplan – Morgan Stanley Shlomo Rosenbaum – Stifel Neil Tyler – Redburn Atlantic Jasper Bibb – Truist Securities Josh Chan – UBS Harold Antor – Jefferies Jaafar Mestari – BNP Paribas Exane Operator Good morning, and welcome to Aramark's First Quarter Fiscal 2025 Earnings Results Conference Call. My name is Tanya, and I will be your operator for today's call.

Although the revenue and EPS for Aramark (ARMK) give a sense of how its business performed in the quarter ended December 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Aramark (ARMK) came out with quarterly earnings of $0.51 per share, beating the Zacks Consensus Estimate of $0.48 per share. This compares to earnings of $0.41 per share a year ago.

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported first quarter fiscal 2025 results. "We are off to a great start in fiscal ‘25 as we remain committed to our strategic priorities: driving strong profitable top-line growth from base business and net new business; accelerating AOI growth from increased volume, supply chain efficiencies, and cost discipline; and leveraging our capital structure capabilities—most recently with our oversubscribed debt refinancing and repurchasing Ar.

On day one as the 47th President of the United States, Donald Trump signed an executive order mandating all federal employees to return to the office for work “as soon as practicable.” Administration officials released more directives aimed at ending remote work.

Aramark (ARMK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

PHILADELPHIA--(BUSINESS WIRE)--Aramark's (NYSE: ARMK) Board of Directors approved a quarterly dividend of 10.5 cents per share of common stock payable on February 24, 2025 to stockholders of record at the close of business on February 10, 2025. About Aramark Aramark (NYSE: ARMK) proudly serves the world's leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities.

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 2025 results on Tuesday, February 4, 2025 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 comple.

The size of the U.S. hospitality industry as of the start of 2025 is estimated at more than $247 billion, and that figure is expected to surge to nearly $314 billion in the next five years. Aramark NYSE: ARMK is one of the major players in the food and facilities services section of the hospitality space, providing service to customers in the education, healthcare, business, government, and sports industries.

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today that Avendra International acquired the Quantum Cost Consultancy Group. The acquisition further enhances the company's position as a leading global professional procurement and supply chain services provider, to a wide range of clients including hotels, hospitality and leisure resorts, healthcare, and educational institutions worldwide. Quantum has customer spend of nearly hal.