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As of Sept. 3, 2024, five stocks in the consumer discretionary sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Although the revenue and EPS for Aramark (ARMK) give a sense of how its business performed in the quarter ended June 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 $0.31 per share, beating the Zacks Consensus Estimate of $0.30 per share. This compares to earnings of $0.36 per share a year ago.
Get a deeper insight into the potential performance of Aramark (ARMK) for the quarter ended June 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #BackToSchool--As the school year opens for Aramark (NYSE: ARMK), Student Nutrition is ready to power the potential of every student by serving up outstanding hospitality and culinary innovation throughout all the school districts it serves. This innovation has been fueled by the results of tens of thousands of student and caregiver surveys gathered this past spring. “When we say that we value engagement and community voices, we mean it,” said Barbara Flanagan, President and CEO.
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark, a global leader in food and facilities management, proudly announced its recognition as a “Best Place to Work for Disability Inclusion” by Disability:IN. This prestigious accolade is a testament to Aramark's unwavering commitment to creating a welcoming and inclusive culture and recruiting and advancing a diverse workforce that includes people with disabilities. The Disability Equality Index® is the world's most comprehensive benchmarking tool for Fortune.
Aramark has strong growth potential supported by volume and pricing power. The company operates in the contract catering industry, competing with Sodexo and Compass, and serves a wide range of verticals globally. Based on historical and peer performance, ARMK should be able to expand its margin.
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--To improve efficiency and achieve superior cleaning results, Aramark, (NYSE: ARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections industries is partnering with Pringle Robotics, a developer of autonomous robotic solutions for facilities management, to install floor cleaning robots and operational software solutions at key customer facilities, it.
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that members of its executive management team are participating in the following upcoming investor conferences: Stifel Cross Sector Insight Conference (Boston, MA) – On Tuesday, June 4, 2024, Jim Tarangelo, Aramark's Chief Financial Officer, will host a series of meetings with investors. Baird Global Consumer, Technology & Services Conference (New York, NY) – On Thursday, June 6,.
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark, a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections sectors, today announced it was ranked #29 on Fair360's (formerly DiversityInc) 2024 Top 50 Companies list, up 11 spots from 2023. This is the eighth consecutive year Aramark appeared on the Top 50 list. For the first time, the company was also ranked on the Top Companies for Black Executive.