Aramark (ARMK)
| Market Cap | 8.76B |
| Revenue (ttm) | 18.26B |
| Net Income (ttm) | 625.90M |
| Shares Out | 262.99M |
| EPS (ttm) | 2.39 |
| PE Ratio | 13.93 |
| Forward PE | 18.43 |
| Dividend | $0.38 (1.14%) |
| Ex-Dividend Date | May 10, 2024 |
| Volume | 2,616,334 |
| Open | 33.31 |
| Previous Close | 33.29 |
| Day's Range | 33.13 - 33.47 |
| 52-Week Range | 23.95 - 33.47 |
| Beta | 1.52 |
| Analysts | Buy |
| Price Target | 35.32 (+6.07%) |
| Earnings Date | May 7, 2024 |
About ARMK
Aramark provides food and facilities services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through two segments, Food and Support Services United States, and Food and Support Services International. The company offers food-related managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical food and food-related support services, such as patient food and nutrition, retail food, envir... [Read more]
Financial Performance
In 2023, Aramark's revenue was $18.85 billion, an increase of 15.48% compared to the previous year's $16.33 billion. Earnings were $674.11 million, an increase of 246.61%.
Financial StatementsAnalyst Forecast
According to 14 analysts, the average rating for ARMK stock is "Buy." The 12-month stock price forecast is $35.32, which is an increase of 6.07% from the latest price.
News
Toronto to Host Prestigious Aramark International Chefs' Cup 2024
TORONTO--(BUSINESS WIRE)---- $ARMK--Aramark, a global leader in food services and facilities management, announced today that it is holding its Aramark International Chefs' Cup 2024 in the vibrant cit...
Helping Students Launch Careers: Aramark Collegiate Hospitality and USF's School of Hospitality and Tourism Partner for Post-Grad Success
PHILADELPHIA--(BUSINESS WIRE)--Aramark Collegiate Hospitality and University of South Florida's School of Hospitality and Tourism Management know that a strong educational foundation coupled with hand...
Aramark Hosts First International Innovation Summit in Santiago
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--To foster a collaborative learning environment with the goal of developing innovative ways to meet client and consumer needs, Aramark (NYSE: ARMK), a leading g...
Aramark Reports Second Quarter Earnings
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported second quarter fiscal 2024 results. “The Company's strong momentum continued across the business, generating record revenue for any s...
Aramark Employees Worldwide Volunteer in Local Communities for Company's Global Day of Service
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--For more than a decade, employees from Aramark (NYSE: ARMK), a leading global provider of food and facilities services, give back to their...
Aramark Refreshments to Showcase Breakroom Innovation at The NAMA Show 2024
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark Refreshments (Aramark; NYSE: ARMK), a leading provider of office coffee, refreshments, and snack distribution services, will activate at The NAMA Show ...
Daily Dividend Report: Stanley, CNP, Domino's, Leidos, Aramark
Stanley Black & Decker, a worldwide leader in Tools and Outdoor, announced today that its Board of Directors approved a regular second quarter cash dividend of $0.81 per common share. This extends the...
Aramark Declares Quarterly Dividend
PHILADELPHIA--(BUSINESS WIRE)--Aramark's (NYSE: ARMK) Board of Directors approved a quarterly dividend of 9.5 cents per share of common stock payable on May 28, 2024 to stockholders of record at the c...
Aramark to Host Conference Call on Second Quarter Fiscal 2024 Results
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its second quarter fiscal 2024 results on...
Aramark Completes Debt Repricing
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today the successful completion of a favorable repricing of the Company's 2028 Term Lo...
DiversityComm Magazine Names Aramark as a 2024 Top Supplier Diversity Program for Women's Business Enterprises
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark, (NYSE: ARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, busi...
Aramark Chefs Awarded Distinguished ProChef® Certification From the Culinary Institute of America
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark (NYSE: ARMK), the largest U.S.-based food service provider, is pleased to announce 17 chefs from its Collegiate Hospitality group ...
Aramark to Participate in Upcoming BofA Securities Investor Conference
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced that the Company's Chief Executive Officer, John Zillmer, and Chief Financial Officer,...
Aramark Reports First Quarter Earnings
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported first quarter fiscal 2024 results. "Aramark is off to a great start in this new fiscal year, achieving record revenue across both our...
Aramark Publishes Annual Update on Responsible Business Practices in the 2023 Be Well. Do Well. Progress Report
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark (NYSE: ARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, busin...
Aramark to Host Conference Call on First Quarter Fiscal 2024 Results
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its first quarter fiscal 2024 results on ...
Aramark Launches New Telehealth Program to Digitally Connect Hospital Inpatients with Clinical Nutrition Services
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark (NYSE: ARMK), one of the largest employers of Registered Dietitians in the U.S., today announced a new program designed to remotely connect its highly ...
Mama Kelce's Cookies Will Be Sold at Chiefs' and Eagles' NFL Christmas Games to Benefit Operation Breakthrough and the Eagles Autism Foundation
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Introducing: Mama Kelce's Cookies! Aramark Sports + Entertainment, the award-winning food and beverage partner at GEHA Field at Arrowhead Stadium (Kansas City ...
Aramark Announces Tom Ondrof Plans to Retire as Chief Financial Officer; Jim Tarangelo, SVP Finance & Treasurer, Appointed Successor
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today announced that Tom Ondrof, Chief Financial Officer, plans to retire from his current position on January 12, 2024, at which time he will serve...
Aramark Receives Equality 100 Award from the Human Rights Campaign Foundation
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #AramarkBeWellDoWell--Aramark (NYSE: ARMK), a global leader in hospitality and facilities services, proudly announced it received a score of 100 on the Human Ri...
Aramark Student Nutrition's “The ACE Show” Promotes Healthy Habits for Students
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK #K12--Aramark Student Nutrition, a leader in providing food services to educational institutions, is excited to announce the launch of The ACE Show, a dynamic a...
Aramark tops revenue expectations as profit matches, and stock slips
Shares of Aramark ARMK, slipped 0.1% in premarket trading Tuesday, after the food and facilities company matched fiscal fourth-quarter profit expectations but beat revenue forecasts. Net income for th...
Aramark Reports Fourth Quarter and Full Year Fiscal 2023 Results
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported fourth quarter and full year fiscal 2023 results. "This year represented a significant step forward in achieving our strategic and fi...
Aramark to Participate in Upcoming J.P. Morgan Investor Conference
PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that the Company's Chief Financial Officer, Tom Ondrof, will participate in the J.P. Mo...
Aramark Sports + Entertainment Launches ‘Aura'
PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark Sports + Entertainment (Aramark, NYSE: ARMK), the award-winning food and beverage partner at premier stadiums, arenas, convention centers, cultural att...