Welcome to our dedicated page for Aramark news (Ticker: $ARMK), a resource for investors and traders seeking the latest updates and insights on Aramark stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Aramark's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Aramark's position in the market.
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Aramark (ARMK) launches telehealth program with Teladoc Health to connect clinical dietitians with hospital patients through cloud-based technologies
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Rhea-AI Sentiment
End-of-Day
2.34%
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News
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Aramark (ARMK) partners with NFL's popular team mom, Donna Kelce, to bring her famous chocolate chip cookies to fans at Chiefs and Eagles games on Christmas Day. The proceeds from cookie sales will benefit Operation Breakthrough and Eagles Autism Foundation, with Aramark matching the donation to each organization 1:1. Mama Kelce's Best Chocolate Chip Cookies recipe is also shared for fans to enjoy at home.
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Rhea-AI Sentiment
End-of-Day
1.79%
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Rhea-AI Summary
Aramark Sports + Entertainment (ARMK) teams up with Donna Kelce to bring her famous chocolate chip cookie recipe to football fans at GEHA Field at Arrowhead Stadium and Lincoln Financial Field. All proceeds from cookie sales will benefit Operation Breakthrough and the Eagles Autism Foundation, with Aramark matching the donation 1:1. Fans can purchase cookies at specific locations in the stadiums or follow Mama Kelce’s recipe at home.
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End-of-Day
-2.25%
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Aramark (ARMK) Volunteers Support Military Community During the Holidays
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End-of-Day
1.08%
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Rhea-AI Summary
Aramark (NYSE: ARMK) announced that Tom Ondrof, Chief Financial Officer, plans to retire and serve as a Strategic Advisor through May 2024. Jim Tarangelo has been appointed as the new CFO. Ondrof's goal was to put the company on a path to deliver consistent top-line growth and increased profitability, including the successful spin-off of the Uniforms business in September.
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Rhea-AI Sentiment
End-of-Day
-0.81%
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Yosemite Hospitality, a subsidiary of Aramark (NYSE:ARMK), has made significant strides in reducing single-use plastics in Yosemite National Park. The company has replaced single-use plastic bottles with glass or aluminum packaging, eliminated disposable plastic wrap, cardboard pizza boxes, and polystyrene foam meat trays, and transitioned to compostable and recyclable alternatives. This aligns with Aramark's Be Well. Do Well. platform and global goal to reduce reliance on single-use plastics.
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Rhea-AI Sentiment
End-of-Day
0.62%
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Aramark (ARMK) received a perfect score of 100 on the Human Rights Campaign Foundation’s 2023-2024 Corporate Equality Index (CEI) for LGBTQ+ workplace equality. This marks the ninth consecutive year Aramark has been recognized for this achievement. The company's commitment to diversity, equity, and inclusion is reflected in its efforts to create a culture of community and inclusion through employee resource groups, allyship networks, capability building, and management engagement. Aramark's ESG platform, Be Well. Do Well., focuses on positively impacting people and the planet, with a goal of understanding and supporting its LGBTQ+ population, as well as educating employees on inclusive language and gender identity. The company's efforts have earned it the designation as a Leader in LGBTQ+ Workplace Inclusion and the Equality 100 Award.
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Rhea-AI Sentiment
End-of-Day
-0.39%
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Aramark Student Nutrition (NYSE: ARMK) Launches The ACE Show to Promote Health and Nutrition Education Among Elementary School Students
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Rhea-AI Sentiment
End-of-Day
2.26%
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Aramark (NYSE: ARMK) reported a 12% revenue increase in Q4, with a 40% rise in operating income and a 169% increase in EPS. In fiscal 2023, revenue grew by 15%, operating income by 37%, and EPS by 243%. The company completed the spin-off of its Uniform Services business, now trading as Vestis. Net New Business momentum continued in Global FSS, and the company's leverage ratio improved by 1.4x. Aramark's Board of Directors approved a 15% increase to its pro rata portion of the pre-spin quarterly dividend. The company expects organic revenue growth of 7-9%, Adjusted Operating Income growth of 15-20%, and Adjusted EPS growth of 25-35% for fiscal 2024.
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Rhea-AI Sentiment
End-of-Day
-8.17%
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Aramark (NYSE:ARMK) CFO to participate in J.P. Morgan Ultimate Services Investor Conference on November 16, 2023, with a featured Fireside Chat session at 9:50 a.m. ET. Live audio webcast and replay available on Aramark website.
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Rhea-AI Sentiment
End-of-Day
-0.21%
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Aramark
NYSE:ARMK
ARMK Rankings
ARMK Stock Data
8.76B
244.01M
0.69%
101.57%
2.23%
Food Service Contractors
Accommodation and Food Services
United States of America
PHILADELPHIA
About ARMK
we deliver experiences that enrich and nourish people’s lives through innovative services in food, facilities management, and uniforms. united by a passion to serve, our more than 270,000 employees make a meaningful difference each day for millions of people in 19 countries around the world. we are recognized as one of the world’s most admired companies by fortune, rated number one among diversified outsourcing companies, as well as an employer of choice by the human rights campaign and diversityinc. our careers management – management professionals who have experience working in the hotel, restaurant or hospitality industry catering – management professionals with experience working in hotels and resorts hosting large catered events culinary – professionally trained executive chefs and sous chefs with experience in large scale operations