G&K Services (GK) Tops Q3 EPS by 2c, Updates FY Guidance

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Go back to G&K Services (GK) Tops Q3 EPS by 2c, Updates FY Guidance

G&K Services Reports Fiscal 2015 Third Quarter Results

April 30, 2015 7:01 AM EDT

Adjusted Operating Margin Improves 90 basis points to 12.0 Percent

Return on Invested Capital Increases to 11.5 Percent

Adjusted Earnings from Continuing Operations Grow 11 Percent to $0.81 Per Diluted Share

MINNEAPOLIS--(BUSINESS WIRE)-- G&K Services, Inc. (NASDAQ: GK) today reported operating results for the third quarter of its fiscal year 2015, which ended on March 28, 2015. Third quarter revenue grew 3.8 percent to $233.5 million, up from $225.0 million in last years third quarter. Adjusted earnings from continuing operations grew 11 percent to $0.81 per diluted share, compared to... More