G&K Services (GK) Reports In-Line Q3 EPS; Updates on FY16 Outlook
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G&K Services Reports Fiscal 2016 Third Quarter Results
April 26, 2016 7:00 AM EDTAdjusted Earnings Grow 10 Percent to $0.89 Per Diluted Share
Adjusted Operating Margin Improves 70 Basis Points to 12.7 Percent
Return on Invested Capital Increases to 12.4 Percent
Year to Date Cash Flow from Operations Grows 18 Percent to $96 Million
MINNEAPOLIS--(BUSINESS WIRE)-- G&K Services, Inc. (NASDAQ: GK) today reported operating results for the third quarter of its fiscal year 2016, which ended on March 26, 2016. Third quarter revenue grew 2.5 percent to $239.3 million, up from $233.5 million in last years third quarter. Earnings... More
