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This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Paul Hilal founded Mantle Ridge in 2016. Before that, he spent a decade as a senior partner at Bill Ackman’s hedge fund, Pershing Square Capital Management, where he was involved in passive and activist investing initiatives. Hilal, a bright individual, graduated from Columbia University’s Graduate Law and Business programs in 1992 and has been in the investment business ever since. Entrepreneurial to the core, Mantle Ridge undertakes extensive research to find value-focused investments and collaborates with management to deliver enhanced shareholder value. This benefits both Hilal’s investors and the target’s existing shareholders. According to WhaleWisdom.com, it has $4.62 billion in assets under management, including $2.1 billion invested in U.S. listed stocks. In the final quarter of 2024, Mantle Ridge had just two holdings worth
PHILADELPHIA--(BUSINESS WIRE)--Aramark's Local Restaurant Row (LRR) program, dedicated to fostering partnerships with local food vendors and restauranteurs around the country, is celebrating five years of growth and success in contributing to the economic vitality of the neighborhoods and communities where Aramark serves. Each year, Aramark recognizes its LRR partners with "Best Of" Awards which recognize Aramark's local restaurant partners for outstanding performance, growth, and excellence, a.
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced that the Company's Chief Financial Officer, James Tarangelo, will participate in the UBS Global Consumer and Retail Conference on Thursday, March 13, 2025, with a featured Fireside Chat session beginning at 10:00 a.m. ET. A live audio webcast and replay of the fireside chat session will be available through the Investor Relations section of the Aramark website at www.aramark.com. Ab.
PHILADELPHIA--(BUSINESS WIRE)--Aramark Collegiate Hospitality is launching its Bites That Do It Right™ recipes during March's National Nutrition Month® to support college students with a variety of easy-to-prepare, healthy foods as part of Aramark's Take 15 program designed to help college students refuel with healthier snack choices and take 15 minutes for themselves throughout the day. "Many college students feel stressed and overwhelmed," said Brandi Heatherly, Collegiate Hospitality's Healt.
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark Collegiate Hospitality is pleased to partner with Loyola Marymount University as its new food services provider, bringing fresh flavors, expanded options, and an enhanced experience for the LMU community. Aramark will manage all on-campus dining, retail, catering, and athletic concessions beginning in May 2025. “We're excited to welcome Aramark as a new partner that matches our long-term vision for on-campus dining excellence at LMU, and we look forward to.
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark, (NYSE:ARMK), a leading global provider of facilities management with operations spanning the education, healthcare, business and industry, sports, leisure and corrections industries was named the 2025 Ed Tech Product Awards winner in the Large Company Campus Equipment and Technology category. Aramark received the award for its AIWX Connect technology platform. AIWX Connect is an intelligent platform using IoT technology to identify building and occupant n.
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today that the Company successfully closed on a debt refinancing, raising approximately $1,395 million as an add-on to its existing Term Loan B, with a maturity date in 2030. The refinancing was significantly oversubscribed, which led to upsizing the Term Loan B. The proceeds were used to fully repay $552 million of 2025 U.S. Senior Notes, as well as to refinance $839 million of 202.
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Nebraska Athletics and Aramark Sports + Entertainment (Aramark, NYSE: ARMK) today announced a new multi-year partnership to manage all gameday food and beverage services, including concessions and premium spaces, at the University of Nebraska's Memorial Stadium, Bob Devaney Sports Center, and other University-operated athletic venues beginning this year. Aramark, the award-winning food and beverage provider at more than 60 premier stadiums, arenas, and sports faci.
I downgraded ARMK from buy to hold due to 1Q25 performance and risks of missing FY25 guidance. Weak US organic growth and onboarding delays in Education and Healthcare segments pose significant risks to achieving FY25 targets. Strong international growth is promising but may not offset US weaknesses and potential FX headwinds.
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.