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 (NYSE: ARMK) will host a conference call on August 10, 2021, at 8:30 a.m. ET to discuss its third quarter 2021 earnings. A press release with the results will be issued before the call. Investors can access the call via Aramark's Investor Relations webpage. For those without internet access, the dial-in numbers are 833-726-8488 for domestic callers and 830-213-7680 for international callers, with Conference ID 8951377. Aramark provides food and facilities management services across 19 countries, serving major clients in various sectors.
Aramark (NYSE: ARMK) was honored with the American Heart Association's Award of Meritorious Achievement at the National Volunteer Awards for its Healthy for Life initiative, which aims to improve nutrition and lifestyle through various programs. Since 2015, this partnership has delivered notable results, including a 20% reduction in average calories, saturated fat, and sodium in menu items. Aramark also engages millions through health education, utilizing resources in over 800 community organizations and providing wellness programs for employees, reinforcing its commitment to health and nutrition.
Aramark (NYSE: ARMK) has established an exclusive partnership with Talon, introducing Adjustec waistband technology in its Authentic™ collection of shorts and pants. This innovative technology enhances comfort by ensuring better fit accuracy and fewer sizing changes in uniform rental garments across diverse industrial settings. The partnership signifies the first instance where this technology is used outside retail, aiming to improve daily work life for clients. Aramark serves over 400,000 customers in the U.S., providing comprehensive uniform services, which will benefit from this enhancement.
Aramark (NYSE: ARMK) announced participation in upcoming investor conferences featuring management discussions. Key sessions include the Stifel Cross Sector Insight Conference on June 10, 2021, with CEO John Zillmer at 8:40 a.m. ET, and the Oppenheimer Consumer Growth and E-Commerce Conference on June 15, 2021, featuring CFO Tom Ondrof at 9:05 a.m. ET. Live webcasts and replays will be accessible on the Aramark Investor Relations webpage. The company emphasizes its commitment to diversity and service, recognized in various industry awards.
Debbie Albert has been appointed as Aramark's Senior Vice President for Corporate Communications, reporting to CEO John Zillmer. Albert will oversee integrated communications for various audiences, supporting the executive team and business units. Previously at Aramark from 1995 to 2010, she founded Albert Communications afterward, specializing in strategic communications. Zillmer highlighted her experience and strategic thinking as vital for the company’s growth post-pandemic. Albert expressed enthusiasm for aligning her values with Aramark’s mission and enhancing the communications strategy.
Bart Kaericher has been appointed as the President and CEO of Aramark’s Healthcare division, reporting to COO Marc Bruno. Kaericher brings extensive experience from his previous roles in the healthcare sector, particularly with Compass Group. His leadership is expected to drive significant growth in Aramark's healthcare business. Kaericher holds an MBA in Pharmaceutical & Healthcare Marketing and a BS in Business. The healthcare division aims to enhance service quality and expand its footprint in the United States, focusing on high-quality partnerships and patient experience.
Aramark (NYSE: ARMK) reported second quarter fiscal 2021 results, revealing a consolidated revenue of $2.8 billion, a 24% decline compared to the previous year due to COVID-19 impacts. Organic revenue also dropped by 26%. Despite challenges, there was a noted sequential improvement across all segments. Operating income was $5 million, while net loss attributable to stockholders was $78 million. Cash flow showed positive signs with $337 million generated in operating activities. The company announced a quarterly dividend of 11 cents per share and plans to acquire Next Level Hospitality, which is expected to boost earnings.
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