Aramark reported a positive start to fiscal year 2025, marked by revenue growth, increased profitability, and strategic capital allocation. The company's focus on profitable growth strategies and operational efficiencies drove strong financial results.
Aramark reported a 5% increase in revenue to $4.4 billion and an 8% increase in Adjusted Operating Income (AOI) for the fourth quarter. The company's GAAP EPS increased by 12% to $0.46, while Adjusted EPS rose by 14% to $0.54.
Aramark reported strong third quarter fiscal 2024 results, with record revenue and income. Organic revenue grew by 11%, driven by increased base business volume, pricing, and net new business. The company raised its full-year fiscal 2024 outlook due to this strong performance.
Aramark reported a strong second quarter with a 7% increase in revenue to $4.2 billion, driven by strong base business volume, pricing actions, and net new business growth. Operating income increased by 27% to $159 million, and adjusted EPS grew by 79% to $0.29.
Aramark reported a strong start to fiscal year 2024, with record revenue driven by stronger sales volume, pricing, and net new business. The company saw significant growth in both its FSS U.S. and International segments, leading to increased profitability due to effective cost management and favorable inflation trends. Aramark updated its fiscal 2024 outlook for both AOI and Adjusted EPS growth and reaffirmed expectations for Organic Revenue growth and Leverage Ratio.
Aramark reported a strong fourth quarter and full year fiscal 2023, marked by a 12% increase in revenue and a 40% increase in operating income. The company's focus on net new business, pricing actions, and base business growth drove the positive results. Additionally, the spin-off of the Uniform Services business was completed, allowing for enhanced focus and performance.
Aramark's third quarter fiscal 2023 results showed a 15% increase in revenue, driven by net new business, pricing actions, and base business growth. The company raised its full-year performance expectations for fiscal 2023.
Aramark reported strong second-quarter results, with revenue up 19% and organic revenue also up 19%. The company saw improvements in operating income and adjusted operating income, driven by operating leverage and disciplined cost management. Aramark is also progressing with the Uniforms Services spin-off and balance sheet optimization.
Aramark reported a strong first quarter in fiscal year 2023, with revenue up 17% and organic revenue up 18%. The company's performance was driven by net new business, pricing, and base business growth across all reportable segments. Operating income increased by 42%, and adjusted operating income rose by 47%, driven by leveraging higher revenue, pricing, and cost management. EPS grew by 65% to $0.28, and adjusted EPS increased by 91% to $0.44.
Aramark's Q4 2022 results showed significant growth with a 24% increase in revenue and a 62% increase in Adjusted Operating Income. The company's revenue reached 111% of pre-COVID levels, driven by new business, pricing, and recovery. EPS increased to $0.29, and adjusted EPS more than doubled to $0.49.
Aramark reported strong Q3 2022 results, with revenue surpassing pre-COVID levels across all business segments. The company saw significant increases in operating income and adjusted operating income, driven by revenue growth and cost management. Aramark raised its fiscal 2022 outlook for organic revenue growth and annualized net new business.
Aramark reported a strong second quarter with revenue up 37% and organic revenue up 35%. The company saw double-digit growth across all segments, led by FSS U.S. and is positioned for a second consecutive year of record-breaking Net New Business.
Aramark reported a strong first quarter in fiscal year 2022, with revenue up 44% and organic revenue up 41%. The company's performance improved across all segments, with revenue reaching 93% of pre-COVID levels. Operating income and adjusted operating income also increased significantly, driven by improved sales volume and effective cost management.
Aramark reported a 32% increase in revenue to $3.6 billion in Q4 2021, with organic revenue up 37%. Operating income increased by $226 million, and adjusted EPS increased by $0.56 to $0.21. The company achieved record Net New Business performance and improved profitability through increased sales volume and effective cost management.
Aramark reported a strong third quarter with revenue increasing by 39% and organic revenue growing by 34%. The company saw improved profitability due to rebounding sales volumes and effective cost management. Aramark also strengthened its balance sheet by repaying debt and extending maturities.
Aramark reported second quarter fiscal 2021 results with revenue at $2.8 billion, down 24% compared to prior year. The company generated cash provided by operating activities of $337 million and Free Cash Flow of $259 million. Actions subsequent to quarter-end enhanced flexibility and drive growth agenda.
Aramark reported a 35% decrease in revenue due to the impact of COVID-19, but improved cash flow and maintained a strong liquidity position. The company is focused on accelerated growth, cost control, and cash management strategies to navigate the evolving environment.
Aramark reported a 32% decrease in revenue compared to the prior year, but generated positive cash flow and maintained strong liquidity with approximately $2.6 billion cash availability at quarter-end. Client reopenings and expanded service offerings contributed to sequential improvement in business performance across all segments compared to the third quarter.
Aramark reported a significant decrease in revenue due to the impact of COVID-19, which was partially offset by cost mitigation efforts. The company focused on cash flow management and launched a new platform for hygienic standards.
Aramark's Q2 2020 results were impacted by COVID-19, with revenue down 6.7% year-over-year. The company has taken proactive steps to navigate the economic environment, including cost-reduction strategies and increased financial flexibility.
Aramark reported a slight decrease in revenue, but organic revenue grew across all segments. Operating income and EPS decreased due to the prior year divestiture of the Healthcare Technologies business, but adjusted EPS remained unchanged. The company refinanced debt to strengthen its balance sheet.