Aramark US Stock Price, News & Analysis

Aramark (NYSE:ARMK) will host a conference call on February 7, 2023, at 8:30 a.m. ET to discuss its first quarter fiscal 2023 results. A preceding news release with the results will be distributed. The call will be available live on the Aramark Investor Relations website.

Participants can register for dial-in access here. An archived replay and related materials will be accessible on the website following the call.

Aramark volunteers actively engaged in community service throughout December, contributing to approximately 35 holiday events. In collaboration with the Urban League of Philadelphia, they delivered over 200 toys and clothing items to families in need. Additionally, volunteers honored fallen U.S. veterans during Wreaths Across America Day across multiple cities. Other initiatives included providing food for the Navajo Nation Reservation and supporting local organizations with donations and activity bags for children. This effort reflects Aramark's commitment to community support and teamwork.

Aramark Germany has launched a new series of plant-based dishes to coincide with Veganuary 2023, promoting a healthier and sustainable diet. The initiative showcases nine chefs collaborating to develop innovative recipes that are entirely plant-based, appealing to growing demand for vegan options. Arnd Rune Thomas, President of Aramark Germany, emphasized the importance of these meals for both health and the environment. Additionally, by 2025, Aramark plans to ensure that 44% of its U.S. dining menu will be plant-based, reflecting its commitment to sustainability.

Aramark (NYSE: ARMK) announces the retirement of Lynn McKee, Executive Vice President for Human Resources, after 42 years of dedicated service, effective year-end 2022. Abigail Charpentier, Senior Vice President of Human Resources for U.S. Food & Facilities, will succeed her as Chief Human Resources Officer starting January 1, 2023. CEO John Zillmer praised McKee's legendary contributions, including navigating significant events like 9/11 and Covid. Charpentier, an Aramark employee since 1995, is recognized for her exceptional HR experience and transformation leadership.

Aramark (NYSE: ARMK) announced that CEO John Zillmer will attend the Redburn 2022 CEO Conference on November 29, 2022. The event features a Fireside Chat session at 8:00 a.m. E.T..

Investors can watch the live webcast and replay through the Investor Relations section of the Aramark website.

Aramark serves numerous sectors globally, ranking No. 1 in Divested Outsourcing Services by FORTUNE in 2022.

Aramark (NYSE: ARMK) reported impressive Q4 and fiscal 2022 results, achieving record annual revenue of $16.3 billion, a 35% increase year-over-year. Q4 revenue reached $4.4 billion, up 24%, with organic revenue growth of 26%. Operating income rose 50% to $198 million, with adjusted operating income increasing 62% to $267 million. EPS rose from $0.14 to $0.29 for Q4, and adjusted EPS more than doubled to $0.49. The company maintained a 95.3% retention rate and announced a quarterly dividend of $0.11 per share, payable in December 2022.

Aramark (NYSE: ARMK) has announced that Chief Financial Officer Tom Ondrof will participate in the J.P. Morgan Ultimate Services Investor Conference on November 17, 2022. The event will include a Fireside Chat session starting at 9:50 a.m. E.T.. A live audio webcast and replay will be accessible on the Aramark website under the Investor Relations section. Aramark is recognized for its extensive services to educational institutions, corporations, and healthcare providers across 19 countries, and has received accolades for diversity and workplace equality.