Aramark Stock News

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today that Avendra International acquired the Quantum Cost Consultancy Group. The acquisition further enhances the company's position as a leading global professional procurement and supply chain services provider, to a wide range of clients including hotels, hospitality a...

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK), a global leader in food and facilities management, announced that the Company's Chief Executive Officer, John Zillmer, will participate in the Redburn Atlantic CEO Conference on Tuesday, December 3, 2024, with a featured Fireside Chat session beginning at 7:00 a.m. EST, 12:00 p.m. GMT. A live audio webcast and replay of the fireside chat sess...

I reiterate a buy rating for ARMK due to its robust FY25 outlook, driven by organic growth and a strengthened balance sheet. Aramark's 4Q24 earnings were in line with expectations, with revenue growth driven by organic means and strong pipeline momentum. The launch of Avendra, ARMK's global GPO, is expected to enhance margins by leveraging scale for better purchasing deals.

Aramark (NYSE:ARMK ) Q4 2024 Earnings Conference Call November 11, 2024 8:30 AM ET Company Participants Felise Kissell - Senior Vice President, Investor Relations and Corporate Development John Zillmer - Chief Executive Officer Jim Tarangelo - Chief Financial Officer Conference Call Participants Neil Tyler - Redburn Atlantic Josh Chan - UBS Isaac Sellhausen - Oppenheimer Andrew Steinerman - JPM...

Shares of Aramark (ARMK) traded at an all-time high Monday as the provider of food, beverages, and other services to sports and entertainment venues posted better-than-expected adjusted profit as volumes grew. It also boosted its dividend and announced a new stock buyback plan.

PHILADELPHIA--(BUSINESS WIRE)--Aramark (NYSE: ARMK) today reported results for the full year of fiscal 2024. “We reached new highs in our financial performance every quarter during fiscal 2024, ultimately achieving record revenue and AOI profitability for any year in Global FSS history,” said John Zillmer, Aramark's Chief Executive Officer. “Aramark's results are a testament to what our teams a...

NEW YORK--(BUSINESS WIRE)---- $ARMK--In the first collaboration of its kind, the award-winning, professional chef team behind KZ Provisioning, Andrew Zimmern and Gavin Kaysen, are joining forces with Aramark Sports & Entertainment (Aramark), the award-winning food and beverage partner at premium stadiums, arenas, and entertainment destinations in North America, to expand KZ Provisioning's uniqu...

PHILADELPHIA--(BUSINESS WIRE)---- $ARMK--Aramark, (NYSE: ARMK), a global leader in food and facilities services, is proud to announce a new partnership with Asbury Communities, a national leader in senior living. This collaboration will bring Aramark's SeniorLIFE+ dining services to five of Asbury's continuing care retirement communities, elevating life experiences through dining and hospitalit...