G&K Services (GK) Tops Q2 EPS by 3c; Lowers Top End of Guidance
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G&K Services Reports Fiscal 2016 Second Quarter Results
January 26, 2016 7:00 AM ESTEarnings Grow 11 Percent to a Record $0.92 Per Diluted Share
Organic Revenue Grows 4.7 Percent
Operating Margin Improves to 13.0 Percent
Return on Invested Capital Increases to 12.7 Percent
MINNEAPOLIS--(BUSINESS WIRE)-- G&K Services, Inc. (NASDAQ: GK) today reported operating results for the second quarter of its fiscal year 2016, which ended on December 26, 2015. Second quarter revenue grew 2.4 percent to $243.1 million, up from $237.3 million in last years second quarter, as solid organic growth was partially offset by the negative impact of... More
