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Aramark matches profit expectations but beats on revenue

Aramark reported Tuesday fiscal fourth-quarter profit that matched expectations while revenue beat, boosted by record net new business growth and higher pricing. The uniform and food services company's stock was still inactive in premarket trading. Net income nearly doubled to $75.80 million, or 29 cents a share, from $35.4 million, or 14 cents a share, in the year-ago period. Excluding nonrecurring items, adjusted earnings per share came to 49 cents, matching the FactSet consensus of 49 cents.

Aramark Reports Fourth Quarter and Full Year Fiscal 2022 Results

PHILADELPHIA, November 15, 2022--Aramark (NYSE: ARMK) today reported fourth quarter and full year fiscal 2022 results.

Aramark 2022 Q4 - Results - Earnings Call Presentation

The following slide deck was published by Aramark in conjunction with their 2022 Q4 earnings call.

Hiring, Engaging, and Celebrating Veterans and Military Families

November is Military Family Appreciation Month-and Veterans Day falls on November 11-so it's a great time to honor and celebrate those who have served in the US military and their family members by focusing on the work Aramark is doing to hire and support this community.

Laird Superfood, Inc. (LSF) Reports Q3 Loss, Misses Revenue Estimates

Laird Superfood, Inc. (LSF) delivered earnings and revenue surprises of 7.58% and 3.86%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Post Holdings (POST) Reports Next Week: Wall Street Expects Earnings Growth

Post Holdings (POST) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Aramark to Participate in Upcoming J.P. Morgan Investor Conference

PHILADELPHIA, November 10, 2022--Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that the Company’s Chief Financial Officer, Tom Ondrof, will participate in the J.P. Morgan Ultimate Services Investor Conference on Thursday, November 17th, 2022 with a featured Fireside Chat session beginning at 9:50 a.m. E.T.

George Soros Stock Portfolio: Top 10 Stock Picks

In this article, we discuss the top 10 stock picks of billionaire George Soros. If you want to see more stocks in this selection, check out George Soros Stock Portfolio: Top 5 Stock Picks. George Soros is a Hungarian-American billionaire and businessman who launched Soros Fund Management in 1970. Soros Fund Management, which is now […]

Aramark (ARMK) Reports Next Week: Wall Street Expects Earnings Growth

Aramark (ARMK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Aramark Declares Quarterly Dividend

PHILADELPHIA, November 08, 2022--Aramark’s (NYSE: ARMK) Board of Directors approved a quarterly dividend of 11 cents per share of common stock payable on December 5, 2022 to stockholders of record at the close of business on November 22, 2022.