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 Correctional Services is marking the 20th anniversary of its IN2WORK (I2W) program, which provides education and industry certifications to incarcerated individuals. The program offers ServSafe Managers certification from the National Restaurant Association and a Certified Specialist certificate from the National Retail Federation in Supply Chain, Inventory & Logistics.
Since its inception, I2W has expanded to 32 states with over 290 programs, graduating more than 14,000 students. The program includes food and warehouse safety training through classroom and hands-on instruction. In the past five years, Aramark has awarded over $170,000 in scholarships to program graduates and their families.
Aramark (NYSE:ARMK) has been recognized as a Most Honored Company in Extel's All-American Executive Team rankings on March 20th. The company was selected in the large, aggregated industry category covering Business, Education, and Professional Services.
The prestigious recognition came through a comprehensive survey involving 3,360 buy-side analysts, money managers, and over 330 sell-side researchers. Aramark achieved top rankings (1st or 2nd place) across all categories, including evaluations of CEOs, CFOs, and Investor Relations professionals.
CEO John Zillmer attributed the success to Aramark's 250,000 employees worldwide and their dedication to maintaining a hospitality culture. CFO Jim Tarangelo specifically commended the Investor Relations team for their excellence in communicating the company's business strategy to investors.
Aramark Sports + Entertainment (NYSE: ARMK) has announced new menu items and exclusive souvenirs for the 2025 MLB season across eight ballparks. The company is celebrating significant milestones, including its 40th anniversary with the Philadelphia Phillies and 30th anniversary at Coors Field.
The company is introducing exclusive souvenirs including a 98-ounce Popcorn Bat and Cotton Candy Mask, along with returning favorites like the Fastball Souvenir Cup and Beverage Bat. New menu items are being rolled out across all venues, featuring local specialties and creative innovations.
Notable additions include the Queens Quencher at Citi Field, Kyle's Cutlets at Citizens Bank Park, Wazee Burger at Coors Field, and new concepts like Rah Rah Ramen at Oracle Park. Aramark serves as the official food & beverage provider for major venues including Fenway Park, Citi Field, Daikin Park, Kauffman Stadium, and PNC Park.
Aramark's Local Restaurant Row (LRR) program is marking its 5-year anniversary of supporting local food vendors and restaurateurs nationwide. Since its 2020 launch, LRR has experienced remarkable growth, expanding from 150 initial partners to over 2,230 restaurateurs and food truck operators - a 1,386% increase.
The program celebrated its annual 'Best Of' Awards, with Hotbox Hibachi (Dallas-Fort Worth) and Berry Bowl to Go (Oxford, MI) receiving top President's Choice honors. Hotbox Hibachi was recognized for its Japanese-style cuisine and community engagement at the University of Mississippi, while Berry Bowl To Go earned acclaim for exceptional performance across Aramark's Student Nutrition business.
In 2024, LRR generated millions in sales, with a significant portion directly benefiting local businesses. The program now spans across Aramark's various divisions, including Collegiate Hospitality, Workplace Experience, Student Nutrition, Destinations, and Healthcare+.
Aramark (NYSE: ARMK), a global food and facilities management leader, has announced its participation in the upcoming UBS Global Consumer and Retail Conference. The company's Chief Financial Officer, James Tarangelo, will engage in a Fireside Chat session scheduled for Thursday, March 13, 2025, at 10:00 a.m. ET.
Investors and interested parties can access both the live audio webcast and replay of the fireside discussion through the Investor Relations section on Aramark's website at www.aramark.com.
Aramark Collegiate Hospitality has secured a new contract with Loyola Marymount University (LMU) to become its food services provider starting May 2025. The partnership encompasses management of all on-campus dining, retail, catering, and athletic concessions.
Key developments include the introduction of All-You-Care-to-Eat meal plans in fall 2026 following the Lair renovation, refreshed menus at existing dining spaces beginning fall 2025, and planned updates to Founders Pavilion, University Hall dining options, and Sonia's on the LLS campus. The partnership will also introduce new mobile and stand-alone food carts.
Aramark, which serves over 275 U.S. campuses including the largest number of Jesuit universities, was selected based on their commitment to campus community integration and responsiveness to student needs.
Aramark (NYSE:ARMK) has been awarded the 2025 Ed Tech Product Award in the Large Company Campus Equipment and Technology category for its AIWX Connect platform. The intelligent IoT-based technology platform monitors building and occupant needs through real-time data collection on occupancy, space utilization, equipment condition, and occupant feedback.
The AIWX Connect platform provides educational administrators with remote monitoring capabilities and real-time insights into critical operations. Key features include leak detection, refrigeration monitoring, exterior door monitoring, HVAC equipment failure prediction through vibration sensors, and vaping/smoking detection throughout buildings. The system consolidates all data in a single location for efficient monitoring and access.
The award was presented at the Future of Education Technology Conference (FETC) at the Orlando Convention Center in January, where finalists were selected from hundreds of submissions across various categories.
Aramark (NYSE: ARMK) has successfully completed a debt refinancing operation, raising approximately $1,395 million as an add-on to its existing Term Loan B, extending to 2030. The significantly oversubscribed refinancing enabled the company to:
1. Fully repay $552 million of 2025 U.S. Senior Notes
2. Refinance $839 million of 2027 Term Loan B
The transaction maintains net leverage neutrality, preserves comparable interest rates, and extends debt maturities. CFO Jim Tarangelo emphasized the favorable outcome and strong market demand, indicating the company's intention to continue pursuing opportunities to enhance its capital structure with a focus on shareholder value creation.
Aramark Sports + Entertainment (NYSE: ARMK) has secured a multi-year partnership with Nebraska Athletics to manage food and beverage services at the University's athletic venues, including Memorial Stadium and Bob Devaney Sports Center. This expansion makes Nebraska Aramark's fourth Big Ten Conference client, alongside Iowa, Minnesota, and Washington universities.
The partnership aims to enhance gameday experiences through improved service speed at concession stands and expanded food and beverage offerings while maintaining local favorites. Aramark will also play a key role in upcoming major stadium renovations for Nebraska Athletics' football facilities. Notably, the company will assist in implementing alcohol sales across all venues starting with the 2025 season, leveraging their expertise in this area from previous successful implementations at other college stadiums.
Aramark (NYSE: ARMK) reported strong first quarter fiscal 2025 results with revenue increasing 3% to $4.6 billion and organic revenue growing 5%. The company achieved its highest revenue for any quarter in Global FSS history, with foodservice revenue up 5% and organic foodservice revenue up 6%.
Operating income increased 30% to $217 million, while Adjusted Operating Income (AOI) grew 13% to $258 million, marking a record AOI for a first quarter. GAAP EPS rose 264% to $0.39, and Adjusted EPS increased 25% to $0.51.
The company expanded its global supply chain footprint through the acquisition of Quantum Cost Consultancy Group in Europe, adding $500 million in supply chain spend. Total global supply chain spend now exceeds $20.5 billion. Aramark also initiated a $500 million share repurchase program and announced plans to refinance $552 million of Senior Notes due April 2025.
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