Aramark Services (ARMK) Tops Q2 EPS by 2c
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Aramark Reports Second Quarter Earnings
May 7, 2024 6:30 AM EDTYEAR-OVER-YEAR SUMMARY
Revenue +7%; Organic Revenue +9% Growth from strong base business volume, pricing actions, and net new business Record revenue in a second quarter for both the FSS U.S. and International segmentsOperating Income +27%1; Adjusted Operating Income (AOI) +29%2 Operating Income Margin +59 bps; AOI Margin +69 bps2 Increased profitability from revenue growth, supply chain strategies, and cost discipline
GAAP EPS +271%1 to $0.20; Adjusted EPS +79%2 to $0.29Â Results reflected ongoing commitment to profitable growth... More
