Aramark Services (ARMK) Tops Q2 EPS by 10c

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Go back to Aramark Services (ARMK) Tops Q2 EPS by 10c

Aramark Reports Second Quarter Earnings

May 11, 2021 6:30 AM EDT

SUMMARY

Strong cash flow and liquidity Generated cash provided by operating activities of $337 million and Free Cash Flow of $259 million in the quarter; $119 million and $151 million better than prior year, respectively Approximately $2.6 billion cash availability at quarter-end Revenue (24)%; Organic Revenue (26)% Sequential quarterly improvement versus prior year across all business segments Increased client reopenings throughout portfolio EPS of $(0.30); Adjusted EPS of $(0.24) Leveraged flexible operating model with... More