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Aramark Value Stock - Dividend - Research Selection

Aramark

ISIN: US03852U1060 , WKN: A1W92R

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Description of the company

Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in the United States and internationally. It operates through three segments: Food and Support Services United States, Food and Support Services International, and Uniform and Career Apparel. The company offers managed services, including dining, catering, food service management, and convenience-oriented retail services; non-clinical support services, such as patient food and nutrition, retail food, and procurement services; and plant operations and maintenance, custodial/housekeeping, energy management, grounds keeping, and capital project management services. It also provides on-site restaurants, catering, convenience stores, and executive dining services; beverage and vending services; and facility management services comprising landscaping, transportation, payment, and other facility consulting services relating to building operations. In addition, the company offers concessions, banquet, and catering services; retail services and merchandise sale, recreational, and lodging services; and facility management services at sports, entertainment, and recreational facilities. Further, the company offers correctional food; and operates commissaries, laundry facilities, and property rooms. Additionally, it provides design, sourcing and manufacturing, delivery, cleaning, maintenance, and marketing services for uniforms and accessories; provides managed restroom services; and rents uniforms, work clothing, outerwear, particulate-free garments, and non-garment items and related services that include mats, shop towels, and first aid supplies. The company was formerly known as ARAMARK Holdings Corporation and changed its name to Aramark in May 2014. Aramark was founded in 1959 and is based in Philadelphia, Pennsylvania.

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NEWS


Celebrating Earth Day 2024: Aramark's Everyday Commitment to Making a Positive Impact on People and the Planet

2024-04-23
Promoting planetary health is engrained in Aramark's business. From the food it purchases, to how it operates its kitchens and facilities, Aramark works every day to better the world for the next...

Aramark to Host Conference Call on Second Quarter Fiscal 2024 Results

2024-04-16
PHILADELPHIA, April 16, 2024--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 Tuesday, May 7, 2024 at 8:30 a.m. ET. A news release containing the results will be issued before the call.

Workers at Philadelphia sports stadium hit picket lines for one-day strike

2024-04-09
PHILADELPHIA — Hundreds of food service workers at the Wells Fargo Center in Philadelphia were staging a one-day strike Tuesday as contract negotiations continued with the firm that operates...

Aramark Moves Up In Market Cap Rank, Passing C.H. Robinson Worldwide

2024-04-08
Looking for stock market analysis and research with proves results? Zacks.com offers in-depth financial research with over 30years of proven results.

25 Biggest Food Companies in the World by Revenue

2024-03-30
In this piece, we will take a look at the 25 biggest food companies in the world by revenue. If you want to skip our coverage of the global food industry and recent events, then you can check out 5 Biggest Food Companies in the World by Revenue. Just like the oil industry, the food […]

Cintas Corporation: Shares Have Risen Too High (Rating Downgrade)

2024-03-28
Despite positive fundamentals, Cintas Corporation is considered overvalued and is likely to underperform the broader market. Find out why CTAS stock is a Sell.

Aramark Completes Debt Repricing

2024-03-27
PHILADELPHIA, March 27, 2024--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 Loan B of $730 million and 2030 Term Loan B of $1.1 billion. The new applicable rate for both Term Loans will be Secured Overnight Financing Rate ("SOFR") plus 200 basis points, which reduces pricing by 50 basis points. Aramark’s proactive action is expected to result in an interest expense savings of

DiversityComm Magazine Names Aramark as a 2024 Top Supplier Diversity Program for Women's Business Enterprises

2024-03-26
PHILADELPHIA, March 26, 2024--Aramark, (NYSE: ARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections sectors, was recognized on DiversityComm, Inc.’s (DCI) annual list of the Best of the Best Top Supplier Diversity Programs for Women's Business Enterprises (WBEs).

MLB Eats: Aramark Sports + Entertainment Unveils New Ballpark Fare for 2024 Season; Aramark Becomes New Food & Beverage Provider at the San Francisco Giants' Oracle Park

2024-03-22
PHILADELPHIA - Aramark Sports + Entertainment, is headed into the 2024 Major League Baseball season with an expanded roster of clients and a fresh lineup of ballpark menu options and concessions...

MLB Eats: Aramark Sports + Entertainment Unveils New Ballpark Fare for 2024 Season

2024-03-21
PHILADELPHIA, March 21, 2024--Aramark Sports + Entertainment, (Aramark; NYSE: ARMK) is headed into the 2024 Major League Baseball (MLB) season with an expanded roster of clients and a fresh lineup of ballpark menu options and concessions innovations to enhance the gameday experience for baseball fans.