Welcome to our dedicated page for Aramark US news (Ticker: ARMK), a resource for investors and traders seeking the latest updates and insights on Aramark US stock.
Aramark (ARMK) provides essential food, facilities, and uniform services to institutions worldwide. This news hub offers investors and stakeholders centralized access to official updates shaping the company's trajectory.
Track critical developments through verified press releases and financial reports, including earnings announcements, leadership changes, contract awards, and sustainability initiatives. Our curated collection ensures you never miss strategic partnerships, operational expansions, or regulatory filings that impact Aramark's diversified service segments.
Discover updates across three core areas: foodservice innovations in education and healthcare sectors, facilities management contracts for major venues, and uniform services expansions in commercial markets. Each update is sourced directly from company communications to maintain accuracy and timeliness.
Bookmark this page for efficient monitoring of Aramark's operational milestones and financial performance. Combine these primary sources with broader market analysis to inform your understanding of this integrated services leader.
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.
Aramark (NYSE: ARMK) announced a quarterly dividend of 11 cents per share, payable on December 5, 2022, to stockholders on record by the close of business on November 22, 2022. This dividend reflects Aramark's commitment to returning value to its shareholders while serving various sectors including education, healthcare, and retail in 19 countries. The company has received several accolades, including ranking No. 1 in the Diversified Outsourcing Services category by FORTUNE's 2022 list of 'World's Most Admired Companies'.
Aramark (NYSE: ARMK) is set to enhance the fan experience at the 2022 MLB World Series, featuring the Houston Astros and Philadelphia Phillies, beginning October 28. The company will showcase its innovative Chefs on the Road program, offering signature dishes from both teams' hometowns. Key menu highlights include the South Philly Roast Pork Sandwich and the Crawford Dog, alongside unique cocktails and desserts at Minute Maid Park and Citizens Bank Park. This initiative underscores Aramark's commitment to delivering exceptional culinary experiences throughout the championship series.
Aramark (NYSE: ARMK) will host a conference call on November 15, 2022, at 8:30 a.m. ET, to discuss its fourth quarter and full-year fiscal 2022 results. A news release with the results will precede the call. Interested participants can register online to access the call and will receive a personalized PIN. A replay and related materials will later be available on the Aramark Investor Relations website.
Aramark Sports + Entertainment is launching innovative food and beverage offerings for the new NHL and NBA seasons, featuring exciting culinary collaborations, self-order technology, and immersive dining experiences. New signature menu items include the viral Eat Your Feed program, highlighting items like BBQ Sundae and CHEETOS ‘n’ Waffle. The company is also introducing AI self-checkout and mobile ordering to enhance guest experience across venues in the U.S. and Canada, aiming to improve efficiency and customer satisfaction.
Aramark (NYSE: ARMK) has announced that by 2025, 44% of its residential dining menu offerings at over 250 colleges and universities will be plant-based. This initiative, in partnership with the Humane Society of the United States, marks a significant milestone in their collaboration, aimed at reducing greenhouse gas emissions by 25% by 2030. Currently, 26-30% of Aramark’s college menus are plant-based. The company will enhance staff training and provide annual progress reports to achieve these targets.
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