Aramark Services (ARMK) Misses Q4 EPS by 1c, Revenues Beat
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Aramark Reports Fourth Quarter and Full Year 2020 Earnings
November 17, 2020 6:30 AM ESTFourth quarter and full year 2020 GAAP results include a 53rd week of operations. Organic Revenue and other Adjusted financial metrics are based on 52 weeks for comparability purposes.
Q4 SUMMARY
Generated positive cash flow and maintained strong liquidity Cash provided by operating activities of $252 million; Free Cash Flow generation of $146 million in the quarter Approximately $2.6 billion cash availability at quarter-end Subsequent to quarter-end, paid down $680 million on revolving credit facility Revenue (32)%; Organic Revenue... More