ARMK Stock Recent News

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.

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.