Aramark US Stock Price, News & Analysis

Renowned chef Daniel Boulud has launched Cuisine Boulud New York, a new catering venture in partnership with LifeWorks Restaurant Group. This company aims to provide high-end catering services for corporate events, galas, conferences, and social gatherings in the Metro New York area. Operating from a 12,000-square-foot kitchen at One Madison Avenue, Cuisine Boulud New York will be the exclusive caterer for Le Jardin sur Madison rooftop event space. The venture leverages Boulud's 30-plus years of experience in upscale catering and the organizational support of LifeWorks to offer a more elevated catering experience. This expansion is seen as a logical step for Boulud's Dinex Group, meeting the demand for premium catering services in New York City and beyond.

Aramark, a global leader in food and facilities management, has been recognized as a 'Best Place to Work for Disability Inclusion' by Disability:IN for the eighth consecutive year. The company earned a top score of 100 on the Disability Equality Index, which measures various aspects of disability workplace inclusion.

Aramark's commitment to creating an inclusive culture is evident through its eleven employee resource groups (ERGs), including Aramark Thrive, dedicated to employees with disabilities and their advocates. The company actively participates in community events, such as the Special Olympics of Pennsylvania's Business Plunge, and hosts recruitment events for individuals with autism.

Fenimore Fisher, Aramark's Vice President of DEI, emphasized the company's alignment with Disability:IN in promoting full inclusion of people with disabilities and advancing a culture of inclusion.

Aramark (NYSE:ARMK), a global leader in food and facilities management, has announced a conference call to review its third quarter fiscal 2024 results on Tuesday, August 6, 2024 at 8:30 a.m. ET. A news release containing the results will be issued before the call. The conference call will be broadcast live on the Aramark Investor Relations website. Interested parties can register for dial-in participation and will receive a personalized PIN for call access. A replay of the call and related earnings materials will be available in the Archives section of the website after the event.

Aramark (NYSE: ARMK), a global leader in food and facilities services, has partnered with Pringle Robotics to deploy autonomous floor cleaning robots across its operations. The initiative aims to enhance cleaning efficiency and effectiveness through the use of CC1 and CC3 autonomous robots and integrated software solutions. The robots have already been deployed at the Kay Bailey Hutchison Convention Center in Texas, where they clean various floor types. This collaboration supports Aramark’s commitment to innovation, standardization, and data-driven decision-making in facilities management.

Aramark (NYSE:ARMK), a leader in food and facilities management, announced its participation in upcoming investor conferences. On June 4, 2024, CFO Jim Tarangelo will meet investors at the Stifel Cross Sector Insight Conference in Boston. On June 6, 2024, Tarangelo will also join a fireside chat at the Baird Global Consumer, Technology & Services Conference in New York at 9:40 a.m. ET. Additionally, CEO John Zillmer will engage with investors at the Oppenheimer Consumer Growth and E-Commerce Conference on June 11, 2024, which will be held virtually. A live webcast and replay of the fireside chat will be accessible through the Investor Relations section of Aramark's website.

Aramark, a global leader in food and facilities services, announced its ranking at #29 on Fair360's 2024 Top 50 Companies list, improving by 11 spots from 2023. This marks the eighth consecutive year Aramark has been recognized on this list. Additionally, Aramark has been included for the first time on the Top Companies for Black Executives list, ranking at #11. These rankings reflect Aramark's commitment to diversity, equity, and inclusion (DEI). In its 2023 'Be Well. Do Well.' report, Aramark highlighted that 36% of its management comprises racially or ethnically diverse individuals and that 20% of its board members are women of color. The Fair360 survey evaluates companies on leadership accountability, human capital diversity, workplace practices, supplier diversity, and philanthropy.

Aramark Collegiate Hospitality conducted a survey of nearly 70,000 students, revealing significant trends in dining and hospitality preferences on campus for 2023. The data indicates a shift towards nostalgic, early 2000s comforts and a strong focus on holistic health and wellness. Key areas include mindful eating, allergen and dietary choices, and sustainability efforts. Aramark has responded with initiatives like the 'Take 15' program, the 'Eat to Excel' dietary performance program for student-athletes, and AllerCheck™ certified locations for food allergen safety. Additionally, sustainability practices such as reducing food waste and composting are emphasized. These efforts are aimed at meeting students' evolving needs and enhancing their campus experience.

The Lester and Rosalie Anixter Center has partnered with Aramark and Triton College to provide employment opportunities for people with disabilities. This initiative will involve an onsite hiring event at Triton College on May 21, 2024, from 9:00 a.m. to noon. Aramark managers will interview candidates for various roles in Chicago and surrounding areas.

Samantha Handley, President and CEO of the Anixter Center, expressed gratitude for the partnership, which aims to promote access, opportunity, and belonging for people with disabilities. Triton College, through its SEED program, is committed to preparing students with diverse learning needs for competitive employment.

Aramark Healthcare+ has been named one of the 2024 Best Places to Work in Healthcare by Modern Healthcare. This recognition highlights outstanding employers in the healthcare industry who improve their work environment and enhance employee engagement, satisfaction, and retention through innovative practices. Aramark Healthcare+ provides tailored food services, environmental services, and facilities management to over 600 healthcare facilities across the U.S. The award is a testament to the company's commitment to promoting total wellbeing and delivering top-notch patient experiences. The official ranking will be announced at the 2024 Best Places to Work in Healthcare Awards Gala on October 10 in Nashville, TN.