Aramark Services (ARMK) Reports In-Line Q4 EPS, Beats on Revenue
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Aramark Reports Fourth Quarter and Full Year Fiscal 2022 Results
November 15, 2022 6:30 AM ESTQ4 YEAR-OVER-YEAR SUMMARY
Revenue +24%; Organic Revenue +26% Revenue at 111% of pre-COVID level; Organic Revenue at 113% of pre-COVID level Driven by record net growth, pricing, and ongoing base recovery Operating Income +50%; Adjusted Operating Income (AOI) +62%1 Operating Income Margin +79 bps; AOI Margin +136 bps1 Continued margin recovery as a percentage of pre-COVID level EPS increased $0.15 to $0.29; Adjusted EPS more than doubled to $0.491 Effect of currency translation impacted Adjusted EPS by $0.01FISCAL 2022 YEAR-OVER-YEAR... More
