Investor Relations

 

Aramark News

These press releases speak as of their respective dates and the information discussed therein may have since changed. Aramark disclaims any obligation to update this information.
Date Title  
Toggle Summary Aramark to Host Conference Call on Second Quarter Fiscal 2024 Results
PHILADELPHIA --(BUSINESS WIRE)--Apr. 16, 2024-- Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its second quarter fiscal 2024 results on Tuesday, May 7, 2024 at 8:30 a.m. ET .
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Toggle Summary Aramark Completes Debt Repricing
Proactively reduced pricing on Term Loans due 2028 and 2030 by 50 basis points PHILADELPHIA --(BUSINESS WIRE)--Mar. 27, 2024-- Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today the successful completion of a favorable repricing of the Company’s 2028 Term Loan
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Toggle Summary DiversityComm Magazine Names Aramark as a 2024 Top Supplier Diversity Program for Women's Business Enterprises
PHILADELPHIA --(BUSINESS WIRE)--Mar. 26, 2024-- Aramark , (NYSE: ARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections sectors, was recognized on DiversityComm, Inc.’s (DCI)
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Toggle Summary Aramark Chefs Awarded Distinguished ProChef® Certification From the Culinary Institute of America
PHILADELPHIA --(BUSINESS WIRE)--Mar. 14, 2024-- Aramark (NYSE: ARMK), the largest U.S. -based food service provider, is pleased to announce 17 chefs from its Collegiate Hospitality group have graduated from the prestigious ProChef® certification program at The Culinary Institute of America (CIA).
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Toggle Summary Aramark to Participate in Upcoming BofA Securities Investor Conference
PHILADELPHIA --(BUSINESS WIRE)--Mar. 7, 2024-- Aramark (NYSE: ARMK), a global leader in food and facilities management, announced that the Company’s Chief Executive Officer, John Zillmer , and Chief Financial Officer, James Tarangelo , will participate in the BofA Securities Information and
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Toggle Summary Aramark Reports First Quarter Earnings
YEAR-OVER-YEAR SUMMARY Revenue +13%; Organic Revenue +13% FSS United States +10%; FSS International +21% 1 Record revenue performance due to stronger sales volume, pricing, and net new business Operating Income +10% 2 ; Adjusted Operating Income (AOI) +28% 1 Operating Income Margin (9) bps 2 ; AOI
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Toggle Summary Aramark Declares Quarterly Dividend
PHILADELPHIA --(BUSINESS WIRE)--Jan. 31, 2024-- Aramark’s (NYSE: ARMK) Board of Directors approved a quarterly dividend of 9.5 cents per share of common stock payable on February 28, 2024 to stockholders of record at the close of business on February 14, 2024 .
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Toggle Summary Aramark Publishes Annual Update on Responsible Business Practices in the 2023 Be Well. Do Well. Progress Report
PHILADELPHIA --(BUSINESS WIRE)--Jan. 30, 2024-- Aramark (NYSE: ARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections sectors, today published the 2023 Be Well. Do Well.
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Toggle Summary Aramark to Host Conference Call on First Quarter Fiscal 2024 Results
PHILADELPHIA --(BUSINESS WIRE)--Jan. 16, 2024-- Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its first quarter fiscal 2024 results on Tuesday, February 6, 2024 at 8:30 a.m. ET .
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Toggle Summary Aramark Launches New Telehealth Program to Digitally Connect Hospital Inpatients with Clinical Nutrition Services
First of its kind program with Teladoc Health® provides hospitals with access to both technology and talent. PHILADELPHIA --(BUSINESS WIRE)--Jan. 8, 2024-- Aramark (NYSE: ARMK), one of the largest employers of Registered Dietitians in the U.S. , today announced a new program designed to remotely
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Toggle Summary Aramark Announces Tom Ondrof Plans to Retire as Chief Financial Officer; Jim Tarangelo, SVP Finance & Treasurer, Appointed Successor
Ondrof to serve as Strategic Advisor PHILADELPHIA --(BUSINESS WIRE)--Dec. 11, 2023-- Aramark (NYSE: ARMK) today announced that Tom Ondrof , Chief Financial Officer, plans to retire from his current position on January 12, 2024 , at which time he will serve as a Strategic Advisor through May 2024 .
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Toggle Summary Aramark Receives Equality 100 Award from the Human Rights Campaign Foundation
Company Scores 100 on Annual LGBTQ+ Workplace Equality Scorecard PHILADELPHIA --(BUSINESS WIRE)--Dec. 4, 2023-- Aramark (NYSE: ARMK), a global leader in hospitality and facilities services, proudly announced it received a score of 100 on the Human Rights Campaign (HRC) Foundation’s 2023-2024
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Toggle Summary Aramark Student Nutrition’s “The ACE Show” Promotes Healthy Habits for Students
PHILADELPHIA --(BUSINESS WIRE)--Nov. 16, 2023-- Aramark Student Nutrition, a leader in providing food services to educational institutions, is excited to announce the launch of The ACE Show , a dynamic and engaging video series aimed at promoting health and nutrition education among elementary
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Toggle Summary Aramark Reports Fourth Quarter and Full Year Fiscal 2023 Results
Q4 YEAR-OVER-YEAR SUMMARY Revenue +12%; Organic Revenue +11% Global FSS +12% 1 ; Uniform Services +5% 1 Operating Income +40%; Adjusted Operating Income (AOI) +28% 1 Global FSS AOI +33% 1 ; Uniform Services AOI +15% 1 EPS +169% to $0.78 ; Adjusted EPS +34% 1 to $0.64 GAAP EPS included a gain on
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Toggle Summary Aramark to Participate in Upcoming J.P. Morgan Investor Conference
PHILADELPHIA --(BUSINESS WIRE)--Nov. 9, 2023-- Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that the Company’s Chief Financial Officer, Tom Ondrof , will participate in the J.P. Morgan Ultimate Services Investor Conference on Thursday, November 16, 2023 , with a
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Toggle Summary Fueling Student Athletes for Peak Performance Takes Precise Nutrition: Aramark Collegiate Hospitality Launches Eat to Excel™ Dining Platform Designed Specifically for Athletes
PHILADELPHIA --(BUSINESS WIRE)--Oct. 18, 2023-- Aramark Collegiate Hospitality (ACH) has launched a performance-based dining platform designed to help student athletes excel on and off the field. Created with Division II and III athletes in mind, Eat to Excel™ provides an educational, menu and
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Toggle Summary Aramark to Host Conference Call on Fourth Quarter and Full-Year Fiscal 2023 Results
PHILADELPHIA --(BUSINESS WIRE)--Oct. 17, 2023-- Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its fourth quarter and full-year fiscal 2023 results on Tuesday, November 14, 2023 at 8:30 a.m. ET .
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Toggle Summary Aramark Sports + Entertainment Unveils New Food and Beverage Programs at Seven NBA and NHL Venues for 2023-24 Arena Season
– New offers for fans include limited-time concessions items, elevated premium services, and exclusive retail merchandise – PHILADELPHIA --(BUSINESS WIRE)--Oct. 12, 2023-- Aramark Sports + Entertainment ( Aramark , NYSE: ARMK), the award-winning food and beverage provider at seven National Hockey
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Toggle Summary Sasha Day Named President and CEO of Aramark Destinations: Bruce Fears Retires After 40 Years of Service & Stewardship
PHILADELPHIA --(BUSINESS WIRE)--Oct. 12, 2023-- Sasha Day has been named President and CEO of ARAMARK Destinations, effective immediately, it was announced today by Marc Bruno , Aramark COO, US Food & Facilities. In her new role, Day will lead Aramark’s operations in National Parks, cultural
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Toggle Summary Aramark Completes Spin-Off of Vestis™
PHILADELPHIA --(BUSINESS WIRE)--Oct. 2, 2023-- Aramark (NYSE: ARMK), today announced that it has completed the spin-off of Vestis Corporation (“Vestis”), which holds Aramark’s uniform and workplace supplies business. Vestis is now an independent public company.
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Toggle Summary Aramark to Participate in Upcoming Citi Investor Conference
PHILADELPHIA --(BUSINESS WIRE)--Sep. 8, 2023-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that the Company’s Chief Financial Officer, Tom Ondrof , and Chief Operating Officer, International, Carl Mittleman , will participate in Citi’s 2023 Growth
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Toggle Summary Aramark Board of Directors Approves Spin-Off of Vestis™
Separation expected to be completed on September 30, 2023 Vestis to begin trading on the NYSE on October 2, 2023 under ticker “VSTS” PHILADELPHIA --(BUSINESS WIRE)--Sep. 6, 2023-- Aramark (NYSE: ARMK), a global leader in food, facilities management, and uniforms, today announced that its Board of
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Toggle Summary Aramark Announces Vestis™ as the New Name for the Spin-Off of its Uniforms and Workplace Supplies Business
Vestis’ purpose places an emphasis on making a positive difference in the lives of customers and teammates Analyst Day to be held on September 13 th , 2023 to review next phase of value creation PHILADELPHIA --(BUSINESS WIRE)--Sep. 5, 2023-- Aramark (NYSE: ARMK), a global leader in food, facilities
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Toggle Summary Aramark Uniform Services Announces Appointment of Chris Synek as Chief Operating Officer
PHILADELPHIA --(BUSINESS WIRE)--Aug. 30, 2023-- Aramark (NYSE: ARMK), a global leader in food, facilities management and uniforms, today announced the appointment of Chris Synek as Chief Operating Officer (COO) of Aramark Uniform Services , effective September 11, 2023 , to support the company in
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Toggle Summary Aramark Chefs Earn Prestigious ProChef® Certification From the Culinary Institute of America
PHILADELPHIA --(BUSINESS WIRE)--Aug. 16, 2023-- Aramark (NYSE: ARMK), the largest U.S. -based food service company, is pleased to announce 16 chefs have graduated from the prestigious ProChef ® certification program at The Culinary Institute of America (CIA).
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Toggle Summary Aramark Announces Filing of Form 10 Registration Statement in Connection with Planned Spin-Off of Aramark Uniform Services
PHILADELPHIA --(BUSINESS WIRE)--Aug. 15, 2023-- Aramark (NYSE: ARMK) today announced that a Form 10 registration statement was filed with the U.S. Securities and Exchange Commission (“SEC”) in connection with the previously announced spin-off of Aramark Uniform Services into a standalone publicly
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Toggle Summary Aramark Recognized as a “Best Company for Diversity, Equity & Inclusion” by Black Enterprise
PHILADELPHIA --(BUSINESS WIRE)--Aug. 11, 2023-- Aramark (NYSE: ARMK), a global provider of hospitality, facilities, and uniform services in 19 countries, has been named one of the "Best Companies for Diversity, Equity & Inclusion (DEI)” by BLACK ENTERPRISE, the top Black digital media brand and
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Toggle Summary Aramark Announces Pricing of Secondary Offering of Common Stock
PHILADELPHIA --(BUSINESS WIRE)--Aug. 9, 2023-- Aramark (NYSE: ARMK) today announced the pricing of the previously announced underwritten secondary offering (the “Offering”) of 21,262,245 shares of its common stock offered for sale by a selling stockholder that is a counterparty to a derivative sale
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Toggle Summary Aramark Announces Secondary Offering of Common Stock
PHILADELPHIA --(BUSINESS WIRE)--Aug. 9, 2023-- Aramark (NYSE: ARMK) today announced the commencement of an underwritten secondary offering (the “Offering”) of 21,262,245 shares of its common stock offered for sale by a selling stockholder that is a counterparty to a derivative sale agreement with
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Toggle Summary Aramark Announces Board of Directors for Uniform Services Spin-Off
Board appointments effective upon completion of transaction expected at Company’s fiscal year end Highly experienced, diverse board assembled to help drive strategic growth in next phase of value creation PHILADELPHIA --(BUSINESS WIRE)--Aug. 8, 2023-- Aramark (NYSE: ARMK), a global leader in food,
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Toggle Summary Aramark Reports Third Quarter Earnings
YEAR-OVER-YEAR SUMMARY Revenue +15%; Organic Revenue +14% Performance driven by net new business, pricing actions, and base business growth Contributions to growth from each reportable segment Operating Income +38%; Adjusted Operating Income (AOI) +34% 1 Operating Income Margin +70 bps; AOI Margin
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Toggle Summary Aramark Collegiate Hospitality Uses Data Insight to Drive New Innovation and a Sense of Home as Students Head Back to Campus
PHILADELPHIA --(BUSINESS WIRE)--Aug. 3, 2023-- Each college campus is as unique as its medley of students, and this Fall Aramark (NYSE: ARMK) is offering innovative new ordering technologies and food concepts, designed with industry and campus-specific data, to deliver dining programs that engage
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Toggle Summary Aramark Declares Quarterly Dividend
PHILADELPHIA --(BUSINESS WIRE)--Aug. 2, 2023-- Aramark’s (NYSE: ARMK) Board of Directors approved a quarterly dividend of 11 cents per share of common stock payable on August 29, 2023 to stockholders of record at the close of business on August 16, 2023 .
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Toggle Summary Aramark Student Nutrition Turns Student Feedback into Menu Innovation for 2023-2024
PHILADELPHIA --(BUSINESS WIRE)--Jul. 24, 2023-- Student voices take priority as Aramark (NYSE: ARMK) gears up for a new school year. Aramark Student Nutrition is returning with a refreshed platform for student engagement—SN Insights 360—and a holistic strategy to link the feedback with its
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Toggle Summary Values Beyond the Cup: With BLK and Bold, Aramark Refreshments Expands Minority-Owned Business Commitment
PHILADELPHIA --(BUSINESS WIRE)--Jul. 19, 2023-- Aramark and BLK & Bold , the first Black-owned nationally distributed coffee brand in the U.S. , have reached a multi-year agreement that will make the company’s lineup of hot and cold coffee products available to Aramark Refreshments clients this
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Toggle Summary Aramark to Host Conference Call on Third Quarter Fiscal 2023 Results
PHILADELPHIA --(BUSINESS WIRE)--Jul. 18, 2023-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its third quarter fiscal 2023 results on Tuesday, August 8, 2023 at 8:30 a.m. ET .
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Toggle Summary Aramark Recognized as a "Best Place to Work for Disability Inclusion,” Earns Top-Score on the Disability Equality Index® for Seventh Consecutive Year
PHILADELPHIA --(BUSINESS WIRE)--Jul. 12, 2023-- Aramark (NYSE: ARMK), a global provider of hospitality, facilities, and uniform services in 19 countries, today announced it earned a score of 100 on the Disability Equality Index ® (DEI), a joint initiative of the American Association of People with
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Toggle Summary Aramark Recognized as One of the Most Community-Minded Employers in the Greater Philadelphia Region
Ranked #1 For Engaging Employees, Purchasing and Supply Chain, and Promoting a More Diverse and Inclusive Company Culture PHILADELPHIA --(BUSINESS WIRE)--Jun. 23, 2023-- Aramark (NYSE: ARMK), a global provider of hospitality, facilities, and uniform services in 19 countries, has been named a 2023
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Toggle Summary Aramark Announces Upsized Allocation of Debt Refinancing
Proactive refinancing extends debt maturity and enhances financial flexibility PHILADELPHIA --(BUSINESS WIRE)--Jun. 14, 2023-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced today the successful allocation of a $1.1 billion debt refinancing of the
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Toggle Summary Aramark Chefs Earn Distinguished CIA ProChef® Certification
PHILADELPHIA --(BUSINESS WIRE)--May 24, 2023-- Aramark (NYSE: ARMK), the largest U.S. -based food service company, is pleased to announce 26 chefs from its Collegiate Hospitality group have graduated from the prestigious CIA ProChef® certification, a training and professional development program
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Toggle Summary Aramark to Participate in Upcoming Investor Conferences
PHILADELPHIA --(BUSINESS WIRE)--May 24, 2023-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that members of its executive management team are participating in the following upcoming investor conferences: Bernstein Strategic Decisions Conference – On
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Toggle Summary Aramark Announces National Brand Agreement with Bean Sprouts to Offer More Healthy Food Options for Kids and Families
First location open at Children’s National Hospital in Washington, D.C. PHILADELPHIA --(BUSINESS WIRE)--May 11, 2023-- Aramark (NYSE: ARMK), a global leader in food, facilities management, and uniforms has entered a new national brand agreement with Bean Sprouts, a hip and healthy national café
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Toggle Summary Aramark Reports Second Quarter Earnings
YEAR-OVER-YEAR SUMMARY Revenue +19%; Organic Revenue +19% Performance driven by net new business, pricing, and base business growth Contributions to growth from every reportable segment Operating Income +28%; Adjusted Operating Income (AOI) +30% 1 Operating Income Margin +27 bps; AOI Margin +40 bps
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Toggle Summary Aramark Named to DiversityInc’s 2023 Top 50 Companies for Diversity and Top Companies for Supplier Diversity Lists
PHILADELPHIA --(BUSINESS WIRE)--May 4, 2023-- Aramark (NYSE: ARMK), a global provider of hospitality, facilities, and uniform services in 19 countries, today announced it was ranked number 40 on DiversityInc’s 2023 Top 50 Companies for Diversity list, up five spots from last year’s ranking.
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Toggle Summary Aramark Declares Quarterly Dividend
PHILADELPHIA --(BUSINESS WIRE)--May 3, 2023-- Aramark’s (NYSE: ARMK) Board of Directors approved a quarterly dividend of 11 cents per share of common stock payable on May 31, 2023 to stockholders of record at the close of business on May 17, 2023 . About Aramark Aramark (NYSE: ARMK) proudly serves
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Toggle Summary Aramark Employees Celebrate 10th Annual Global Day of Service by Volunteering Around the World
Aramark Building Community Day celebrates decade of impact on April 27, 2023 PHILADELPHIA --(BUSINESS WIRE)--Apr. 24, 2023-- Aramark (NYSE: ARMK) the provider of food, facilities, and uniform services in 19 countries around the world, will celebrate its 10 th annual global day of service, Aramark
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Toggle Summary Aramark to Host Conference Call on Second Quarter Fiscal 2023 Results
PHILADELPHIA --(BUSINESS WIRE)--Apr. 18, 2023-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its second quarter fiscal 2023 results on Tuesday, May 9, 2023 at 8:30 a.m. ET .
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Toggle Summary Aramark Announces an Equitable Alliance With Triple B Hospitality Group
PHILADELPHIA --(BUSINESS WIRE)--Mar. 9, 2023-- Aramark (NYSE: ARMK), a global leader in food and facilities management, announced today that it has entered into an equitable alliance with Triple B Hospitality Group ( Triple B ), a Black-owned leader in human-centric hospitality, to bring new
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Toggle Summary Aramark to Participate in Upcoming Investor Conference
PHILADELPHIA --(BUSINESS WIRE)--Mar. 9, 2023-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that the Company’s Chief Executive Officer, John Zillmer , and Chief Financial Officer, Tom Ondrof , will participate in the BofA Securities 2023 Information
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Toggle Summary Aramark Named a Top 50 Employer for People with Disabilities
Aramark recognized by CAREERS & the disABLED Magazine for disability inclusion efforts PHILADELPHIA --(BUSINESS WIRE)--Feb. 15, 2023-- Aramark (NYSE: ARMK), a global leader in food, facilities management, and uniforms, was named a Top 50 Employer by CAREERS & the disABLED Magazine, for the ninth
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Toggle Summary Aramark Healthcare+ Announces Exclusive Partnership with Healthcare Plus Solutions Group
Healthcare Veterans Quint Studer and Dan Collard join with Aramark’s Patient Experience Organization , Providing Skills and Training for Managers and Front-line Employees to Drive Improved Outcomes for Hospitals PHILADELPHIA --(BUSINESS WIRE)--Feb. 13, 2023-- An improved hospital experience can
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Toggle Summary Aramark Partners with the Thurgood Marshall College Fund to Launch the Aramark HBCU Emerging Leaders Program
Aramark to Host Emerging Leaders from Historically Black Colleges and Universities (HBCUs) in New Program PHILADELPHIA --(BUSINESS WIRE)--Feb. 10, 2023-- Aramark (NYSE: ARMK), the provider of food, facilities, and uniform services to millions of people in 19 countries around the world, today
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Toggle Summary Bring the Super Bowl to the Comfort of your Home with Stadium Favorites from Kansas City and Philadelphia
Aramark Chefs from Super Bowl -bound Teams Share Their Favorite Game Day Tips and Recipes PHOTOS : Food images available   here. PHILADELPHIA --(BUSINESS WIRE)--Feb. 8, 2023-- When it comes to preparing a menu for the biggest football game of the year, Aramark Sports + Entertainment   (NYSE: ARMK
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Toggle Summary Aramark Reports First Quarter Earnings
YEAR-OVER-YEAR SUMMARY Revenue +17%; Organic Revenue +18% Performance driven by net new business, pricing, and base business growth Growth contribution from every reportable segment Operating Income +42%; Adjusted Operating Income (AOI) +47% 1 Operating Income Margin +79 bps; AOI Margin +104 bps 1
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Toggle Summary Aramark to Sell Ownership Stake in AIM Services
Proceeds will be used for accelerated debt repayment PHILADELPHIA --(BUSINESS WIRE)--Feb. 2, 2023-- Aramark (NYSE: ARMK), a global leader in food, facilities management and uniforms, today announced an agreement to sell its 50% equity stake in AIM Services to Mitsui & Co., Ltd. for $535 million .
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Toggle Summary Aramark Publishes Annual ESG Progress Report: Company’s Be Well. Do Well. Platform Provides Update on Environmental, Social, and Corporate Governance Performance
PHILADELPHIA --(BUSINESS WIRE)--Jan. 31, 2023-- Aramark (NYSE: ARMK), the provider of food, facilities, and uniform services to millions of people in 19 countries around the world, today released its 2022 Be Well. Do Well. Progress Report , an update to its global environmental, social, and
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Toggle Summary Aramark to Host Conference Call on First Quarter Fiscal 2023 Results
PHILADELPHIA --(BUSINESS WIRE)--Jan. 17, 2023-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its first quarter fiscal 2023 results on Tuesday, February 7, 2023 at 8:30 a.m. ET .
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Toggle Summary Lynn McKee, Aramark Executive Vice President of Human Resources, Announces Her Retirement; Abigail Charpentier Named Senior Vice President and Chief Human Resources Officer
PHILADELPHIA --(BUSINESS WIRE)--Dec. 5, 2022-- After 42 years of stellar service to Aramark (NYSE: ARMK), Lynn McKee , Executive Vice President for Human Resources, has announced her intention to retire at the end of this calendar year. Abigail Charpentier , currently serving as Senior Vice
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Toggle Summary Aramark to Participate in Upcoming Redburn Investor Conference
PHILADELPHIA --(BUSINESS WIRE)--Nov. 23, 2022-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that the Company’s Chief Executive Officer, John Zillmer , will participate in the Redburn 2022 CEO Conference on Tuesday, November 29 th , 2022 with a
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Toggle Summary Aramark Reports Fourth Quarter and Full Year Fiscal 2022 Results
Q4 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;
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Toggle Summary Aramark to Participate in Upcoming J.P. Morgan Investor Conference
PHILADELPHIA --(BUSINESS WIRE)--Nov. 10, 2022-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that the Company’s Chief Financial Officer, Tom Ondrof , will participate in the J.P. Morgan Ultimate Services Investor Conference on Thursday, November 17 th
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Toggle Summary Aramark Declares Quarterly Dividend
PHILADELPHIA --(BUSINESS WIRE)--Nov. 8, 2022-- Aramark’s (NYSE: ARMK) Board of Directors approved a quarterly dividend of 11 cents per share of common stock payable on December 5, 2022 to stockholders of record at the close of business on November 22, 2022 .
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Toggle Summary Aramark to Host Conference Call on Fourth Quarter and Full-Year Fiscal 2022 Results
PHILADELPHIA --(BUSINESS WIRE)--Oct. 18, 2022-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its fourth quarter and full-year fiscal 2022 results on Tuesday, November 15, 2022 at 8:30 a.m. ET .
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Toggle Summary Aramark to Increase Plant-based Menu Offerings on College Campuses
PHILADELPHIA --(BUSINESS WIRE)--Oct. 10, 2022-- Aramark , the largest U.S. -based foodservice provider, announced today that by 2025, 44% of its residential dining menu offerings at more than 250 colleges and universities will be plant-based. This press release features multimedia.
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Toggle Summary Thousands of Aramark Employees Unite to Volunteer for Company’s Annual Day of Service
PHILADELPHIA --(BUSINESS WIRE)--Sep. 19, 2022-- On September 22 , thousands of Aramark team members around the world will participate in Aramark Building Community (ABC) Day, the hospitality, facilities, and uniform services company’s annual day of service.
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Toggle Summary Aramark Reports Third Quarter Earnings
YEAR-OVER-YEAR SUMMARY Revenue +38%; Organic Revenue +39% Revenue now surpassing pre-COVID levels across all three business segments Primarily driven by record-level net growth, pricing, and ongoing base recovery Operating Income +99%; Adjusted Operating Income (AOI) +73% 1 Operating Income Margin
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Toggle Summary Futures Better Served: Aramark Returns to Campus with Renewed Focus and a New Name
PHILADELPHIA --(BUSINESS WIRE)--Aug. 3, 2022-- The heart of the home is usually the kitchen, and Aramark (NYSE: ARMK) knows that hospitality makes the difference in creating a campus experience that exudes warmth and belonging. When looking forward to the new academic year, Aramark’s higher
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Toggle Summary Aramark Declares Quarterly Dividend
PHILADELPHIA --(BUSINESS WIRE)--Aug. 3, 2022-- Aramark’s (NYSE: ARMK) Board of Directors approved a quarterly dividend of 11 cents per share of common stock payable on August 30, 2022 to stockholders of record at the close of business on August 17, 2022 .
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Toggle Summary Aramark Increases Support of Minority-Owned Businesses: Announces Centers of Excellence Mentoring Cohort for Pennsylvania, Southern New Jersey, Delaware, and Southern California Businesses
PHILADELPHIA --(BUSINESS WIRE)--Jul. 28, 2022-- Aramark , the leading U.S. -based food service provider, announced today the start of its second mentoring cohort with the Eastern Minority Supplier Development Council (EMSDC) and Southern California Minority Supplier Development Council (SCMSDC),
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Toggle Summary Powering Potential: Aramark K12 Heads Back to School with New Menus, New Concepts, and a New Name
PHILADELPHIA --(BUSINESS WIRE)--Jul. 26, 2022-- As students in grades K-12 head back to the classroom, Aramark (NYSE: ARMK) is focused on introducing students to new global flavors, technological advances, updated and enhanced spaces, and a new name and look that reflects the core of the division’s
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Toggle Summary Aramark Named One of the Best Places to Work for Disability Inclusion; Scores 100% on Disability Equality Index
Aramark CEO Signs Letter Committing to Advance Disability Inclusion and Equality PHILADELPHIA --(BUSINESS WIRE)--Jul. 21, 2022-- Aramark (NYSE: ARMK), a global leader in food, facilities management, and uniforms, was named one the “Best Places to Work for Disability Inclusion,” for the sixth year
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Toggle Summary Aramark to Host Conference Call on Third Quarter 2022 Results
PHILADELPHIA --(BUSINESS WIRE)--Jul. 19, 2022-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its third quarter fiscal 2022 results on Tuesday, August 9, 2022 at 8:30 a.m. ET .
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Toggle Summary Aramark Commits to Reducing Greenhouse Gas Emissions From the Food It Serves by 25 Percent by 2030
Company Will Also Extend Availability of Climate-Friendly “Cool Food Meals” to Thousands of Locations in the United States   in January 2023 PHILADELPHIA --(BUSINESS WIRE)--Jun. 13, 2022-- Aramark (NYSE: ARMK), the largest U.S. -based food service provider, announced today it is the first contract
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Toggle Summary Wells Fargo Center and Aramark Sports + Entertainment Announce Plans for New Club Level Restaurant in Collaboration With Starr Restaurants
Upscale tavern to open as first full-scale restaurant concept under new Starr Restaurants and Aramark strategic collaboration New restaurant to replace The Grille and debut this fall alongside brand-new Club Level at Wells Fargo Center PHILADELPHIA --(BUSINESS WIRE)--Jun.
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Toggle Summary Aramark Announces Participation in Upcoming Investor Conferences
PHILADELPHIA --(BUSINESS WIRE)--May 24, 2022-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that members of its management team will participate in featured fireside chat sessions at the following upcoming investor conferences: Bernstein Strategic
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Toggle Summary Aramark Announces Plan to Separate Uniform Services Business into Independent Publicly Traded Company
Next phase in Company’s acceleration of value-creating strategies Highlights: Optimizes strategic focus and flexibility for both companies Transaction structured as spin-off that is tax-free to Aramark and its stockholders Remain committed to financial targets communicated at Analyst Day Conference
Toggle Summary Aramark Reports Second Quarter Earnings
YEAR-OVER-YEAR SUMMARY Revenue +37%; Organic Revenue +35% Double-digit growth across all segments, led by FSS U.S. Revenue at 97% of pre-COVID level; Organic Revenue at 95% of pre-COVID level Operating Income up $137 million ; Adjusted Operating Income (AOI) up $138 million Operating Income Margin
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Toggle Summary Aramark Ranked #10 on DiversityInc’s List of Top Companies for Employee Resource Groups
Company Also Recognized on List of Top 50 Companies for Diversity PHILADELPHIA --(BUSINESS WIRE)--May 6, 2022-- Aramark (NYSE: ARMK), a global provider of hospitality, facilities, and uniform services in 19 countries, is proud to announce it has been recognized by DiversityInc as a Top Company for
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Toggle Summary Aramark Declares Quarterly Dividend
PHILADELPHIA --(BUSINESS WIRE)--May 4, 2022-- Aramark’s (NYSE: ARMK) Board of Directors approved a quarterly dividend of 11 cents per share of common stock payable on June 1, 2022 to stockholders of record at the close of business on May 18th, 2022 . About Aramark Aramark (NYSE: ARMK) proudly
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Toggle Summary Aramark to Host Conference Call on Second Quarter 2022 Results
CEO John Zillmer and CFO Tom Ondrof to Lead Call PHILADELPHIA --(BUSINESS WIRE)--Apr. 19, 2022-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its second quarter fiscal 2022 results on Tuesday, May 10, 2022
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Toggle Summary Aramark Sports + Entertainment Unveils New Brand Identity and Mark Your Moment Campaign for Start of 2022 MLB Season
New Culinary and Tech Innovations at the Nine MLB Stadiums Aramark Serves Reflect Commitment to Creating Immersive Guest Experiences and Memorable Moments PHILADELPHIA --(BUSINESS WIRE)--Apr. 4, 2022-- As Opening Day for the 2022 Major League Baseball (MLB) season approaches, Aramark   (NYSE:
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Toggle Summary Aramark Adds New Flavors to Its Culinary Roster, Cooks up New Latin Concept With Chef Grace Ramirez
La Latina Cocina Will Deliver an Authentic Latin Experience at Aramark’s Higher Education Locations PHILADELPHIA --(BUSINESS WIRE)--Mar. 23, 2022-- Aramark (NYSE: ARMK), the largest U.S. -based food service provider, is teaming up with Chef and dedicated humanitarian, Grace Ramirez , to launch La
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Toggle Summary Aramark Chefs Graduate From the Culinary Institute of America’s Prestigious ProChef Certification Program
PHILADELPHIA --(BUSINESS WIRE)--Mar. 14, 2022-- Aramark (NYSE: ARMK), the largest U.S. -based food service company, is pleased to announce the graduation of 12 chefs from the prestigious ProChef® certification program at The Culinary Institute of America (CIA).
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Toggle Summary Aramark Presents EMPOWER Awards to Women Leaders in Celebration of Their Contributions and Achievements
Recipients Honored at Aramark EMPOWER’s “Limitless – The Power of WE” Symposium PHILADELPHIA --(BUSINESS WIRE)--Mar. 11, 2022-- In celebration of Women’s History Month, Aramark (NYSE: ARMK), a global hospitality, facilities management, and uniforms leader, is recognizing the commitment and
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Toggle Summary Now Test Driving: Aramark and Pittsburgh Penguins Bring First Temperature-Controlled Food Lockers to PPG Paints Arena
State-of-the-Art Food Pickup System at Arena’s Ford Food Garage Features Lockers with Dual Hot and Ambient Temperature Compartments PHILADELPHIA --(BUSINESS WIRE)--Mar. 9, 2022-- The Pittsburgh Penguins are testing the latest innovation in food locker delivery systems at PPG Paints Arena as part of
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Toggle Summary Aramark Recognizes Black Leadership and Excellence at Second Annual Lead Summit
2022 LEAD Awards Presented to Employees for LEADing the Way to a More Inclusive Workplace PHILADELPHIA --(BUSINESS WIRE)--Feb. 28, 2022-- Aramark (NYSE: ARMK), the global hospitality, facilities, and uniform services provider, today announced the recipients of the 2022 Aramark Leaders & Employees
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Toggle Summary Aramark Reports First Quarter Earnings
YEAR-OVER-YEAR SUMMARY Revenue +44%; Organic Revenue +41% Performance improvement across all segments, led by FSS U.S. Revenue at 93% of pre-COVID level; Organic Revenue at 92% of pre-COVID level Operating Income up $161 million ; Adjusted Operating Income (AOI) up $176 million Operating Income
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Toggle Summary Aramark Recognized for Achievement in Diversity, Equity, and Inclusion, Receives Awards for LGBTQ+ Workplace Equality and Disability Inclusion
PHILADELPHIA --(BUSINESS WIRE)--Feb. 3, 2022-- Aramark (NYSE: ARMK), a global hospitality, facilities, and uniform services provider, announced it has received two awards for achievement in diversity, equity, and inclusion, with a focus on LGBTQ+ workplace equality and disability inclusion.
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Toggle Summary Aramark Declares Quarterly Dividend
PHILADELPHIA --(BUSINESS WIRE)--Feb. 2, 2022-- Aramark’s (NYSE: ARMK) Board of Directors approved a quarterly dividend of 11 cents per share of common stock payable on March 2, 2022 to stockholders of record at the close of business on February 16th, 2022 .
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Toggle Summary Merlin Entertainments Names Aramark as Food and Beverage Partner
Two global companies collaborate to deliver leading dining options for guests at seven venues spanning the UK and US PHILADELPHIA --(BUSINESS WIRE)--Jan. 31, 2022-- Merlin Entertainments (“Merlin” or “the Company”), a global leader in location-based entertainment, announced today that it has named
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Toggle Summary Aramark Releases 2021 Be Well. Do Well. Impact Report
Demonstrates Commitment to Increased Transparency and Progress on Making a Positive Impact on People and Planet PHILADELPHIA --(BUSINESS WIRE)--Jan. 25, 2022-- Aramark (NYSE: ARMK), a global provider of hospitality, facilities, and uniform services in 19 countries, today released its 2021 Be Well.
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Toggle Summary Aramark Invites Visitors Back to the National Parks & Public Lands
Trending for 2022: Trade City Life for Wide, Open Spaces in the Great Outdoors PHILADELPHIA --(BUSINESS WIRE)--Jan. 19, 2022-- As travelers begin to book spring and summer destinations, Aramark , the award-winning food and hospitality partner for national and state parks, is pleased to announce
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Toggle Summary Aramark to Host Conference Call on First Quarter 2022 Results
CEO John Zillmer and CFO Tom Ondrof to Lead Call PHILADELPHIA --(BUSINESS WIRE)--Jan. 18, 2022-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its first quarter fiscal 2022 results on Tuesday, February 8,
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Toggle Summary Aramark Healthcare Announces Strategic Partnership with Patient Engagement Advisors (PEA)
Access to PEA’s technology and service platform positions Aramark to assist health systems and patients manage post-discharge care and reduce costly readmissions PHILADELPHIA --(BUSINESS WIRE)--Jan. 5, 2022-- Aramark (NYSE: ARMK), a global leader in food and facilities management and uniforms,
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Toggle Summary Aramark Rolls Out Cool Food Meals on Residential Dining Menus, Identifies 350 Lower Carbon Footprint Dishes
The Cool Food Meals badge will be piloted at 10 U.S.-based universities , making it easier for students to make climate-friendly choices PHILADELPHIA --(BUSINESS WIRE)--Jan. 3, 2022-- Aramark (NYSE: ARMK), the largest U.S. -based food service provider, is making it easier for students at 10
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Toggle Summary Aramark Acquires Wilson Vale in the UK
The successful independent brand strengthens Aramark’s portfolio in the UK with a focus on servicing premium B&I and Independent Schools contracts PHILADELPHIA --(BUSINESS WIRE)--Dec. 17, 2021-- Aramark (NYSE: ARMK), a global leader in food and facilities management and uniforms, announced today
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Toggle Summary Aramark Nominates Two New Directors to Board
PHILADELPHIA --(BUSINESS WIRE)--Dec. 16, 2021-- Aramark (NYSE: ARMK), a global leader in food, facilities management, and uniforms, announced today that Patricia E. Lopez and Ken M. Keverian have been nominated for election to the Company’s Board of Directors at its annual meeting of shareholders
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Toggle Summary Aramark Announces Strategic Collaboration With Starr Restaurant Organization
Relationship will optimize the culture of culinary expertise, innovation, and operational excellence at both companies to deliver high-quality hospitality experiences across the U.S. PHILADELPHIA --(BUSINESS WIRE)--Dec. 7, 2021-- Aramark (NYSE: ARMK), a global leader in food and facilities
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Toggle Summary Reminder: Aramark to Host Analyst Day
PHILADELPHIA --(BUSINESS WIRE)--Dec. 6, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, provided additional details for the Company’s upcoming Analyst Day to be held on Thursday, December 9, 2021 at 9:00 a.m. ET .
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Toggle Summary Aramark Commits to Setting Science-based Targets for Emissions Reduction
PHILADELPHIA --(BUSINESS WIRE)--Nov. 17, 2021-- Aramark (NYSE: ARMK) a global leader in food, facilities, and uniform services, today announced its commitment to set enterprise-wide science-based targets, to reduce greenhouse gas (GHG) emissions, in line with the Science Based Targets initiative
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Toggle Summary Aramark Reports Fourth Quarter and Fiscal Year 2021 Results
Q4 SUMMARY Revenue +32%; Organic Revenue +37% Improved performance led by the FSS United States segment Revenue at 90% of pre-COVID level; Organic Revenue at 87% of pre-COVID level Operating Income up $226 million ; Adjusted Operating Income (AOI) up $177 million versus prior year Operating Income
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Toggle Summary Aramark Celebrates LGBTQ+ Pride by Naming Mark Wallace the 2021 Ian Bailey Pride of Aramark Award Recipient
The Oakland LGBTQ Community Center Named 2021 OUTstanding Community Partner Award During the Pride Of Aramark 2021 Virtual Celebration PHILADELPHIA --(BUSINESS WIRE)--Oct. 22, 2021-- Aramark (NYSE:ARMK) a global hospitality, facilities, and uniform services provider, named Mark Wallace (he/him),
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Toggle Summary Aramark to Host Conference Call on Fourth Quarter and Full-Year Fiscal 2021 Earnings
CEO John Zillmer and CFO Tom Ondrof to Lead Call PHILADELPHIA --(BUSINESS WIRE)--Oct. 19, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its fourth quarter and full-year fiscal 2021 earnings on
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Toggle Summary “Say Cheese!”: Aramark Dishes Up Re-Invented Classics at NBA and NHL Arenas for Cheezin for the Season Campaign
Arenas to Serve Comfort-Food Cuisine, Aramark Branded Concepts, and Expanded Contactless Ordering Experiences for Guests PHILADELPHIA --(BUSINESS WIRE)--Oct. 18, 2021-- As hockey and basketball fans fill arenas across North America this season, they will be treated to a menu of new dishes, branded
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Toggle Summary Aramark Names Kim Scott President and CEO of Aramark Uniform Services
PHILADELPHIA --(BUSINESS WIRE)--Oct. 11, 2021-- Aramark (NYSE:ARMK) CEO John Zillmer announced today the appointment of Kim Scott as President and CEO of Aramark Uniform Services (AUS), effective immediately. In her new role, Scott will become a member of the company’s Executive Leadership Team,
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Toggle Summary Aramark Higher Education Encourages Students to TAKE15
PHILADELPHIA --(BUSINESS WIRE)--Oct. 7, 2021-- To coincide with World Mental Health Day on October 10, 2021 , Aramark (NYSE: ARMK) is launching its college and university focused TAKE15 program (#TAKE15, #TAKEYOUR15). This new health and wellness program is based on Aramark International’s annual
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Toggle Summary Aramark Announces 2021 Analyst Day
  PHILADELPHIA --(BUSINESS WIRE)--Oct. 5, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that the Company will host an Analyst Day on the morning of Thursday, December 9, 2021 . John Zillmer , Chief Executive Officer, and Tom Ondrof , Chief
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Toggle Summary Aramark Commits to Increased Local Seafood Sourcing in New England
Select Seafood at Aramark Higher Education, Healthcare, and Business Dining Accounts in New England Now Traceable to Fishing Communities in the Gulf of Maine Region PHILADELPHIA --(BUSINESS WIRE)--Sep. 30, 2021-- To coincide with the start of National Seafood Month (October), Aramark (NYSE: ARMK) a
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Toggle Summary Aramark Expands Community Outreach During 2021 Global Day of Service
Employees demonstrate a passion for people, partners, community, and planet, giving back to their communities around the world PHILADELPHIA --(BUSINESS WIRE)--Sep. 20, 2021-- On Thursday, September 23 , Aramark employees around the world will participate in Aramark Building Community (ABC) Day.
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Toggle Summary Aramark Celebrates Latinx Culture and Team Contributions During Hispanic Heritage Month
HHM 30/30 Awards and Chef Spotlight Program Recognize Employees PHILADELPHIA --(BUSINESS WIRE)--Sep. 15, 2021-- Aramark (NYSE: ARMK), a leading provider of hospitality, facilities, and uniform services, is recognizing Hispanic Heritage Month ( September 15- October 15 ), by announcing the company’s
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Toggle Summary Aramark Announces Food and Beverage Innovations as 2021 NFL Season Kicks Off
State-of-the-Art Ordering and Checkout Services to Elevate Fan Experience; New Fan Fare and Signature Cocktails Debut as a “Cheers to Being Back Together” PHILADELPHIA --(BUSINESS WIRE)--Sep. 8, 2021-- As fans return to stadiums across the country for the 2021 National Football League ( NFL )
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Toggle Summary Aramark Announces Participation in Upcoming Investor Conferences
PHILADELPHIA --(BUSINESS WIRE)--Sep. 1, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that members of its management team will participate in featured fireside chat sessions at the following upcoming investor conferences: Goldman Sachs Global
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Toggle Summary Dining Services Welcomes Students Back to Campus with Healthy, Nourishing Choices
PHILADELPHIA --(BUSINESS WIRE)--Aug. 17, 2021-- As many college campuses look to reopen in full this fall for the first time since the pandemic began, Aramark (NYSE: ARMK) joins in the celebration of our students’ resiliency. Upon campus return, students will find that campus dining has evolved
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Toggle Summary Aramark Welcomes Students with Safety and Wellness in Mind
PHILADELPHIA --(BUSINESS WIRE)--Aug. 16, 2021-- Many K-12 students will transition back to full-time, in-person instruction this fall, following the 16-month pandemic period. Aramark (NYSE: ARMK) is making sure students and families welcome the return to school dining not only confident in the
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Toggle Summary Aramark’s Alison Birdwell Selected to Sports Business Journal’s 2021 Class of “Game Changers: Women in Sports Business”
PHILADELPHIA --(BUSINESS WIRE)--Aug. 12, 2021-- Alison Birdwell , President and CEO of Aramark Sports and Entertainment , has been selected to Sports Business Journal’s (SBJ) 2021 Class of “Game Changers: Women in Sports Business.” The award, which debuted in 2011, annually recognizes 50 women in
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Toggle Summary Aramark Adds Local Flavor to MLB at Field of Dreams
PHILADELPHIA --(BUSINESS WIRE)--Aug. 11, 2021-- In celebration of MLB at Field of Dreams presented by GEICO , Aramark (NYSE: ARMK), the award-winning food and beverage, retail, and facilities services partner of nine MLB teams, will deliver a variety of locally-inspired concession items as well as
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Toggle Summary Aramark Reports Third Quarter Earnings
SUMMARY   Revenue +39%; Organic Revenue +34% Increased levels of business activity led by accelerated pace of client reopenings Sequential quarterly improvement across all business segments Operating Income increased by $402 million ; Adjusted Operating Income (AOI) increased by $250 million versus
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Toggle Summary Arizona Athletics Names Aramark as New Concessions Operator for Competition Facilities
Partnership to Enhance Gameday Dining Experience at Wildcats’ Sporting Events TUCSON, Ariz. --(BUSINESS WIRE)--Aug. 6, 2021-- Arizona Athletics is excited to announce a new multi-year partnership with Aramark (NYSE: ARMK) as its concessions operator beginning with the 2021-22 academic year.
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Toggle Summary Celebrate the Summer Games and Explore the Flavors of the World From Your Own Kitchen
Aramark Chefs Share Global, Plant-Forward Recipes PHILADELPHIA --(BUSINESS WIRE)--Jul. 28, 2021-- Just in time for the Summer Games , Aramark (NYSE: ARMK), the largest U.S. -based food services provider, is encouraging families to take advantage of summer’s bounty, by cooking up plant-forward menus
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Toggle Summary Aramark to Host Conference Call on Third Quarter 2021 Earnings
CEO John Zillmer and CFO Tom Ondrof to Lead Call PHILADELPHIA --(BUSINESS WIRE)--Jul. 20, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its third quarter 2021 earnings on Tuesday, August 10, 2021 at
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Toggle Summary Aramark Recognized as One of the Best Places to Work for Disability Inclusion
Company Scored 100% on Disability Equality Index ® for the Fifth Consecutive Year PHILADELPHIA --(BUSINESS WIRE)--Jul. 13, 2021-- Aramark (NYSE: ARMK), a global leader in food, facilities management, and uniforms, was named one the “Best Places to Work for Disability Inclusion,” for the fifth year
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Toggle Summary Aramark Named by Seramount as One of the Best Companies for Multicultural Women
PHILADELPHIA --(BUSINESS WIRE)--Jun. 30, 2021-- Aramark (NYSE: ARMK), a global leader in food, facilities management, and uniforms, has been named one of the 2021 Best Companies for Multicultural Women by Seramount (formerly Working Mother Media )—an honor recognizing companies that create and use
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Toggle Summary Aramark Receives the American Heart Association’s Award of Meritorious Achievement
National award recognizes Aramark for the success of its Healthy for Life ® initiative PHILADELPHIA --(BUSINESS WIRE)--Jun. 23, 2021-- Aramark (NYSE: ARMK), the largest U.S. -based food services provider, received the American Heart Association’s Award of Meritorious Achievement last night at the
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Toggle Summary Aramark Announces Exclusive Partnership with Talon
New Adjustec Uniform Waistband Technology Enables Workers to Move with Confidence PHILADELPHIA --(BUSINESS WIRE)--Jun. 15, 2021-- Aramark (NYSE: ARMK), global leader in food, facilities management, and uniforms, has secured an exclusive partnership with Talon, the maker of Adjustec waistband
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Toggle Summary Aramark Announces Participation in Upcoming Investor Conferences
PHILADELPHIA --(BUSINESS WIRE)--Jun. 4, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that members of its management team will participate in featured fireside chat sessions at the following upcoming investor conferences: Stifel Cross Sector
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Toggle Summary Aramark Names Debbie Albert Senior Vice President, Corporate Communications
PHILADELPHIA --(BUSINESS WIRE)--Jun. 3, 2021-- Debbie Albert has been named Aramark’s Senior Vice President, Corporate Communications, reporting to John Zillmer , Aramark CEO. In this role, Albert will lead the Corporate Communications function, delivering integrated communications programs to
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Toggle Summary Aramark Names Healthcare Industry Veteran Bart Kaericher as President & CEO Of Company’s Healthcare Division
PHILADELPHIA --(BUSINESS WIRE)--May 11, 2021-- Bart Kaericher has been named the President and CEO of Aramark’s Healthcare division, reporting to Marc Bruno , Chief Operating Officer for the company’s U.S. Food and Facilities sector. In his role, Kaericher will be responsible for Aramark’s growing
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Toggle Summary Aramark Reports Second Quarter Earnings
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)%;
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Toggle Summary Aramark Celebrates Young Leaders, Presents First Aramark 40 Under 40 Awards
Recipients Honored at Aramark’s Inaugural “Aramark Young Professionals 40 Under 40 Awards” Virtual Symposium PHILADELPHIA --(BUSINESS WIRE)--May 6, 2021-- In acknowledgement of the commitments and contributions of young professionals in its workplace, Aramark (NYSE:ARMK), a global leader in food,
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Toggle Summary Aramark Announces $500 Million Debt Repayment
Enhances capital structure; Reduces interest expense PHILADELPHIA --(BUSINESS WIRE)--May 3, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced today that the Company is issuing notice to optionally redeem in full the $500 million outstanding principal
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Toggle Summary Aramark to Acquire Next Level Hospitality
Strategically expands presence in Healthcare within high-growth senior living sector PHILADELPHIA --(BUSINESS WIRE)--Apr. 29, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced today that it has signed an agreement to acquire Next Level Hospitality, a
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Toggle Summary Aramark to Host Conference Call on Second Quarter 2021 Earnings
CEO John Zillmer and CFO Tom Ondrof to Lead Call PHILADELPHIA --(BUSINESS WIRE)--Apr. 13, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its second quarter 2021 earnings on Tuesday, May 11, 2021 at
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Toggle Summary Aramark Announces Upsized Revolving Credit Facility and Closing of Debt Refinancing
Upsized Revolver increases cash availability by over $200 million Proactive actions extend maturities and strengthen financial flexibility PHILADELPHIA --(BUSINESS WIRE)--Apr. 7, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced today that the
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Toggle Summary Aramark Celebrates Female Leadership, Presents First EMPOWER Awards
Recipients Honored at Aramark’s Inaugural “Empowered Women: Rising Together” Virtual Symposium PHILADELPHIA --(BUSINESS WIRE)--Mar. 25, 2021-- In celebration of Women’s History Month, Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, is recognizing the commitment and
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Toggle Summary Aramark Welcomes Fans Back to Sporting Events
Innovative frictionless and contactless food & beverage solutions will support the safe reopening of sports venues **Download images here ** PHILADELPHIA --(BUSINESS WIRE)--Mar. 24, 2021-- As pro sports teams begin to welcome fans back, having fans in the stands for this season’s MLB Opening Day
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Toggle Summary Aramark Launches Process to Refinance 2024 Debt Maturity
Opportunistic refinancing extends maturity Further strengthens Company’s financial flexibility PHILADELPHIA --(BUSINESS WIRE)--Mar. 23, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced today the launch of a process to refinance the Company’s 2024
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Toggle Summary Aramark to Participate in Upcoming Bank of America Investor Conference
PHILADELPHIA --(BUSINESS WIRE)--Mar. 3, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that the Company’s Chief Executive Officer, John Zillmer , and Chief Financial Officer, Tom Ondrof , will participate in the virtual Bank of America Consumer
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Toggle Summary Healthy for Life® 20 by 20 Marks Five Year Milestone by Reporting on Healthy Menu Innovation and Announcing Expanded Nutrition Education
Video Education Series Highlighted During National Nutrition Month PHILADELPHIA --(BUSINESS WIRE)--Mar. 1, 2021-- Aramark , the largest U.S. based food service company, and the American Heart Association , the leading voluntary health organization devoted to a world of longer, healthier lives,
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Toggle Summary Surprise! You’ve Got Munch Mail™ – A Curated Collection of Gourmet Gifts That Makes It Easy to Celebrate Colleagues, Family and Friends
New Gifting Service Lets Gift Givers Express Gratitude with Themed, Artisan-Crafted Specialty Treats PHILADELPHIA --(BUSINESS WIRE)--Feb. 16, 2021-- Looking to brighten a coworker’s day, boost a friend’s spirit, or just say thank you?   Say hello to Munch Mail ™ – a new and convenient way for
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Toggle Summary Aramark Named a Top 50 Employer for People With Disabilities for the Seventh Consecutive Year
CAREERS & the disABLED magazine recognizes Aramark for diversity and inclusion efforts PHILADELPHIA --(BUSINESS WIRE)--Feb. 10, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, has again been named a Top 50 employer by CAREERS & the disABLED magazine, for
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Toggle Summary Aramark Reports First Quarter Earnings
SUMMARY Effective cash flow management led to ongoing strong cash availability Cash used in operating activities improved $194 million and Free Cash Flow improved $225 million compared to prior year period Approximately $2.4 billion cash availability at quarter-end Revenue (35)%; Organic Revenue
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Toggle Summary Elevate Your Big Game Menu with an Authentic Stadium Food Experience
Aramark’s Arrowhead Stadium Chef Shares Her Favorite Game Day Tips and Recipes PHILADELPHIA --(BUSINESS WIRE)--Feb. 3, 2021-- When it comes to preparing a menu for the biggest football game of the year, Aramark (NYSE: ARMK), which partners with the AFC Champion Kansas City Chiefs and nine other NFL
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Toggle Summary Aramark Declares Quarterly Dividend
PHILADELPHIA --(BUSINESS WIRE)--Feb. 2, 2021-- Aramark’s Board of Directors approved a quarterly dividend of 11 cents per share of common stock payable on March 3, 2021 to stockholders of record at the close of business on February 17 th , 2021. About Aramark   Aramark (NYSE: ARMK) proudly serves
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Toggle Summary Aramark Sets New Climate Goal, Commits to Reducing Greenhouse Gas Emissions by 15% by the End Of 2025
Company Releases Year End Sustainability Impact Report and Reemphasizes Pledge to Enable Equity and Greater Commitment to Disclosure PHILADELPHIA --(BUSINESS WIRE)--Feb. 2, 2021-- Just one year after introducing its sustainability plan, Be Well. Do Well. , Aramark (NYSE: ARMK), the leading U.S.
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Toggle Summary Aramark Earns Top Marks in Human Rights Campaign’s 2021 Corporate Equality Index
Aramark earns a score of 100 on the Human Rights Campaign Foundation’s annual assessment of LGBTQ workplace equality PHILADELPHIA --(BUSINESS WIRE)--Feb. 1, 2021-- For the seventh consecutive year, Aramark (NYSE: ARMK), a global leader in food, facilities management and uniforms, proudly announced
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Toggle Summary Park Institute of America Announces Partnerships With Aramark and Wild Tribute
New Programs Enhance Awareness and Support Preservation of National Parks and Public Lands CATHARPIN, Va. --(BUSINESS WIRE)--Jan. 27, 2021-- As part of its mission to celebrate and preserve America’s most beautiful natural landscapes, the Park Institute of America , a not-for-profit organization
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Toggle Summary Aramark to Host Conference Call on First Quarter 2021 Earnings
CEO John Zillmer and CFO Tom Ondrof to Lead Call PHILADELPHIA --(BUSINESS WIRE)--Jan. 19, 2021-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its first quarter 2021 earnings on Tuesday, February 9, 2021 at
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Toggle Summary Aramark Launches Chef Spotlight to Celebrate Diverse Culinary Talent
Program Will Highlight Team Members’ Stories and Recipes Throughout the Year PHILADELPHIA --(BUSINESS WIRE)--Jan. 14, 2021-- Aramark (NYSE: ARMK), the largest U.S. -based food service company, today launched Chef Spotlight, a program that   celebrates the diverse culinary talent within the Company
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Toggle Summary Aramark Nominates Bridgette Heller to Board of Directors
PHILADELPHIA --(BUSINESS WIRE)--Dec. 17, 2020-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced today that Bridgette Heller has been nominated for election to the Company’s Board of Directors at its annual meeting of shareholders to be held on February 2,
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Toggle Summary Aramark Aims to Donate 5 Million Face Masks – One for Every Mask Sold – to Ronald McDonald House Charities Chapters
Partnership Will Support RMHC and the Vital Services and Compassionate Care They Provide to Children and Their Families PHILADELPHIA --(BUSINESS WIRE)--Dec. 15, 2020-- Aramark (NYSE: ARMK) today launched a face mask donation campaign to benefit Ronald McDonald House locations across the United
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Toggle Summary Walk-On's Sports Bistreaux Teams up with Aramark for First Non-Traditional Site on Purdue's Campus
Leading Restaurant Brand to Debut in Anchor Spot of All-New "Purdue Marketplace," Strengthens Development Strategy West Lafayette, Ind. ,, Dec. 14, 2020 /PRNewswire/ -- Walk-On's , a leading full-service family sports bar that provides gourmet takes on game day favorites, has announced a new
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Toggle Summary Florida State University Announces New Dining Services Contract
TALLAHASSEE, Fla. --(BUSINESS WIRE)--Dec. 9, 2020-- Florida State University announced today a new dining services agreement with Aramark . This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201209005922/en/ Florida State University has a
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Toggle Summary Aramark to Participate in Upcoming Credit Suisse Investor Conference
PHILADELPHIA --(BUSINESS WIRE)--Nov. 24, 2020-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that the Company’s Chief Financial Officer, Tom Ondrof , will participate in the Credit Suisse 8 th Annual Virtual Industrials Conference on Thursday, December
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Toggle Summary Aramark Reports Fourth Quarter and Full Year 2020 Earnings
Fourth quarter and full year 2020 GAAP results include a 53 rd 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
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Toggle Summary Aramark Introduces AIWX Connect To Enhance Workplace Safety and Improve Building Performance
New sensor technology and real-time data maintenance solution delivers a safer and cleaner work environment PHILADELPHIA --(BUSINESS WIRE)--Nov. 12, 2020-- Aramark (NYSE: ARMK), a global leader in food, facilities management and uniforms, today announced the introduction of AIWX Connect , a new
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Toggle Summary Aramark to Participate in Upcoming J.P. Morgan Investor Conference
PHILADELPHIA --(BUSINESS WIRE)--Nov. 12, 2020-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that the Company’s Chief Executive Officer, John Zillmer , and Chief Financial Officer, Tom Ondrof , will participate in the virtual J.P.
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Toggle Summary Aramark Teams Up With American Corporate Partners to Help Returning Veterans Find Their Next Careers
PHILADELPHIA --(BUSINESS WIRE)--Nov. 11, 2020-- As part of Aramark’s longstanding commitment to hiring our Nation’s service members, the Company today announced a partnership with the veterans’ national nonprofit organization, American Corporate Partners (ACP), to further bolster military veteran
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Toggle Summary Aramark Global HQ Receives LEED Certification
PHILADELPHIA --(BUSINESS WIRE)--Oct. 30, 2020-- Aramark (NYSE: ARMK) announced today that its global headquarters office space, located at 2400 Market Street in Philadelphia, Pennsylvania , has received LEED Silver certification, by the U.S. Green Building Council ( USGBC ), for its sustainable
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Toggle Summary Aramark to Hold Conference Call on Fourth Quarter and Full-Year Fiscal 2020 Earnings
CEO John Zillmer and CFO Tom Ondrof to Lead Call PHILADELPHIA --(BUSINESS WIRE)--Oct. 20, 2020-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its fourth quarter and full-year fiscal 2020 earnings on
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Toggle Summary Aramark Pride ERG Recognizes Chris Lorefice for Extraordinary Support of Diversity and Inclusion
Lorefice awarded the 2020 Ian Bailey Pride of Aramark Award for outstanding contributions to the Pride ERG and the LGBTQ+ community PHILADELPHIA --(BUSINESS WIRE)--Oct. 15, 2020-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, has named Chris Lorefice the 2020 Ian
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Toggle Summary Aramark Global Day of Community Service Adapts to Community Needs During Pandemic
Company is activating new ways to demonstrate its commitment to enrich and nourish lives in communities around the world PHILADELPHIA --(BUSINESS WIRE)--Sep. 17, 2020-- Aramark’s global day of community service, Aramark Building Community (ABC) Day, is taking on a new look this year, due to the
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Toggle Summary Aramark Celebrates Hispanic Heritage Month; Honors 30 Team Members Who Have Gone Above and Beyond During the Pandemic
PHILADELPHIA --(BUSINESS WIRE)--Sep. 15, 2020-- Aramark (NYSE: ARMK) today announced the names of its Hispanic Heritage Month (HHM) 30/30 honorees, who have gone above and beyond in response to the pandemic. These team members are also being recognized for their commitment to fostering a diverse
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Toggle Summary Aramark to Participate in Upcoming Citi European Investor Conference
PHILADELPHIA --(BUSINESS WIRE)--Sep. 14, 2020-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that the Company’s Chief Executive Officer, John Zillmer , and Chief Financial Officer, Tom Ondrof , will participate in the virtual Citi Small/Mid-Cap &
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Toggle Summary Aramark Donates 250,000 Masks to American Red Cross
Facial Masks will Benefit Staff and Volunteers Providing Communities Assistance Amid COVID-19 PHILADELPHIA --(BUSINESS WIRE)--Sep. 9, 2020-- Aramark (NYSE: ARMK) today announced the donation of 250,000 face masks to the American Red Cross . The masks will be worn by Red Cross staff at blood drives
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Toggle Summary Aramark to Participate in Upcoming Goldman Sachs Investor Conference
PHILADELPHIA --(BUSINESS WIRE)--Sep. 3, 2020-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that the Company’s Chief Executive Officer, John Zillmer , and Chief Financial Officer, Tom Ondrof , will participate in the virtual Goldman Sachs Global
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Toggle Summary Nonprofit Food Distributor, The Common Market, Aramark, and Camden City and William Penn School Districts Bring Fresh, Nutritious Foods to NJ and PA Communities Facing Food Insecurity
Collaboration delivered 12,000+ boxes of fresh fruits and vegetables to school sites in Pennsylvania and New Jersey PHILADELPHIA --(BUSINESS WIRE)--Sep. 2, 2020-- The Common Market , a nonprofit food distributor founded in Philadelphia, PA , today announced it provided 12,000 boxes of fresh,
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Toggle Summary Offering a Second Chance, Urban League of Philadelphia & Aramark Give Formerly Incarcerated a Path Toward Economic & Social Mobility
100 percent of participants in pilot phase of Out4Good program complete training, 80 percent secure employment. PHILADELPHIA --(BUSINESS WIRE)--Aug. 27, 2020-- According to the Brookings report, today in Pennsylvania there are over 170,000 individuals currently on probation and 45,000 incarcerated.
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Toggle Summary Aramark Named to the Diversity Best Practices Inclusion Index
Company Again Recognized For Creating An Inclusive Workplace PHILADELPHIA --(BUSINESS WIRE)--Aug. 20, 2020-- Diversity Best Practices (DBP), a division of Working Mother Media , today unveiled its fourth annual Inclusion Index . Aramark (NYSE: ARMK), a global leader in food, facilities management
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Toggle Summary NYC Healthcare Heroes Successfully Delivers More Than 400,000 Care Packages with More Than 15 Million Products to 100 Hospitals and Healthcare Facilities Across NYC’s Five Boroughs
NYC Healthcare Heroes program received $20 million in donations from more than 700 donors Over the last four months, program by the Debra and Leon Black Family and Aramark has provided much-needed relief to healthcare professionals who served the city during the peak of the COVID-19 pandemic NEW
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Toggle Summary Aramark Prepared to Welcome College Students Back to Campuses Across the Country
  Enhanced commitment to safety & hygiene brings new dining programs and service offerings PHILADELPHIA --(BUSINESS WIRE)--Aug. 5, 2020-- As many college campuses make arrangements to safely open amid COVID-19, Aramark (NYSE: ARMK), a leading food and facilities partner with hundreds of colleges
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Toggle Summary Aramark Reports Third Quarter Earnings
SUMMARY Strong cash flow management and liquidity Disciplined business actions led to Cash provided by operating activities of $17 million and minimal Free Cash Flow use of $37 million in the third quarter Positive cash flow since bond issuance in late April Over $2.5 billion cash availability at
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Toggle Summary Urban League of Philadelphia Partners With Aramark to Provide 500,000 Summer Meals to Students
Local Churches & Organizations, Across Philadelphia and Delaware County , to Serve as Pick-Up Sites PHILADELPHIA --(BUSINESS WIRE)--Jul. 21, 2020-- The Urban League of Philadelphia (ULP) and Aramark (NYSE: ARMK), the leading U.S. -based food service provider, today announced a partnership that will
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Toggle Summary Aramark Named One of the Best Places to Work for Disability Inclusion
Company Scored 100% on Disability Equality Index for Fourth Year in a Row PHILADELPHIA --(BUSINESS WIRE)--Jul. 16, 2020-- Aramark (NYSE: ARMK), a global leader in food, facilities management and uniforms, was named one of the “Best Places to Work for Disability Inclusion,” for the fourth year in a
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Toggle Summary Aramark Announces Executive Diversity Council and Names Ashwani Hanson Chief Diversity & Sustainability Officer
PHILADELPHIA --(BUSINESS WIRE)--Jul. 15, 2020-- Aramark (NYSE: ARMK), a global leader in food, facilities management, and uniforms, announced today that it has formed an Executive Diversity Council , led by Chief Executive Officer, John Zillmer and Board Member Calvin Darden .
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Toggle Summary Aramark to Hold Conference Call on Third Quarter 2020 Earnings
CEO John Zillmer and CFO Tom Ondrof to Lead Call PHILADELPHIA --(BUSINESS WIRE)--Jul. 14, 2020-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its third quarter 2020 earnings on Tuesday, August 4, 2020 at
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Toggle Summary Santa Ana's Nineteen01 Luxury Apartment Community Opens Southern California's First Autonomous Convenience Store - QuickEats Close Convenience™ - to the General Public
Developed by Aramark, QuickEats Close Convenience™ offers shoppers a safe and convenient no-touch experience SANTA ANA, Calif. , July 9, 2020 /PRNewswire/ -- Greenwood & McKenzie, a privately held real estate investment and asset management firm, announced today that their luxury apartment
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Toggle Summary Chicago Minority Supplier Development Council Announces Aramark as Presenting Sponsor of P.I.P.E. Program
Aramark offers sponsorships to 20 minority-owned businesses through the ChicagoMSDC PHILADELPHIA --(BUSINESS WIRE)--Jul. 9, 2020-- Today, the Chicago Minority Supplier Development Council, Inc. (ChicagoMSDC), a premier organization for increasing business opportunities between major buying
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Toggle Summary Aramark & Jefferson Health Launch EverSafe™OS Mobile App
Workplace Safety Digital Tool Enables Non-Traditional Aramark Clients to Safely Reopen and Sustain Operations in Today’s Environment PHILADELPHIA --(BUSINESS WIRE)--Jun. 18, 2020-- As restrictions ease throughout the country, the continued threat of COVID-19 requires businesses and organizations to
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Toggle Summary Aramark Welcomes Back Visitors to National Parks and Public Lands
The Reopening of America’s Parks Help Vacationers Reset and Rejuvenate PHILADELPHIA --(BUSINESS WIRE)--Jun. 15, 2020-- As travel gradually resumes, America’s National Parks offer the freedom of the great outdoors, budget-friendly options and social distancing that continue to keep families safe.
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Toggle Summary Purdue Partners With Aramark to Manage West Lafayette Retail Dining
WEST LAFAYETTE, Ind. --(BUSINESS WIRE)--Jun. 12, 2020-- Purdue University and Aramark announced Friday ( June 12 ) that they have entered into a retail dining operator agreement that will enhance dining offerings for Purdue’s West Lafayette campus and community.
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Toggle Summary Aramark Opens More Than 100 Pop-Up Grocery Stores for Frontline Healthcare Workers
PHILADELPHIA --(BUSINESS WIRE)--May 28, 2020-- Please replace the photo with the accompanying corrected photo. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200528005784/en/ To support the needs of doctors, nurses and other hospital
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Toggle Summary Aramark Details Safety and Service Enhancements for Dining in Today’s New Environment
Customized reopening plans focus on ensuring safe, hygienic customer experiences PHILADELPHIA --(BUSINESS WIRE)--May 26, 2020-- As workplaces, sports and entertainment venues, schools, colleges and universities, and other places of business begin to resume operations, Aramark (NYSE: ARMK), a global
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Toggle Summary Aramark Announces Participation in Upcoming Investor Conferences
PHILADELPHIA --(BUSINESS WIRE)--May 20, 2020-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that members of its management team will participate in fireside chat sessions and meetings with investors throughout the day at the following upcoming virtual
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Toggle Summary NYC Healthcare Heroes Expands Deliveries to 5,000 Emergency Medical Services and Disaster Services Workers
Program Has Already Delivered Nearly 125,000 Bags of Food and Supplies to More Than 100,000 Healthcare Workers in New York City Donations Can Be Made Through Robin Hood at bit.ly/NYCHealthcareHeroes NEW YORK --(BUSINESS WIRE)--May 14, 2020-- NYC Healthcare Heroes, a city-wide philanthropic program
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Toggle Summary Aramark Launches EverSafe™, a Holistic Platform to Enable the Safe Reopening and Sustainable Management of Client Locations in Today’s Environment
Through a partnership with Jefferson Health , new level of safety excellence aims to help mitigate the spread of COVID-19 and provide the most hygienic, safe environments for employees, clients, customers and guests PHILADELPHIA --(BUSINESS WIRE)--May 12, 2020-- Aramark (NYSE: ARMK), a global
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Toggle Summary Aramark Recognized Among Diversityinc’s Top 50 Companies for Diversity
Company Moves Up Six Spots, To #23 PHILADELPHIA --(BUSINESS WIRE)--May 7, 2020-- Aramark (NYSE: ARMK), a global leader in food, facilities management and uniforms, has been named #23 on DiversityInc’s listing of the Top 50 Companies for Diversity , up six spots from 2019.
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Toggle Summary Aramark Reports Second Quarter Earnings
Performance In Line with Preliminary Results Announced April 22, 2020 SUMMARY Year-over-year GAAP Operating Income (Loss) and EPS includes a pre-tax non-cash goodwill impairment of $199 million in the reporting unit within the International segment that was identified as having undergone additional
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Toggle Summary Aramark Salutes America’s Healthcare Heroes
Leading Provider of Healthcare Support Services , Aramark Honors Doctors, Nurses and Healthcare Professionals with Donation to American Red Cross PHILADELPHIA --(BUSINESS WIRE)--May 4, 2020-- As the country continues to fight the COVID-19 pandemic, Aramark (NYSE: ARMK) salutes the strength and
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Toggle Summary Aramark Announces Closing of Upsized Private Offering of $1.5 Billion Aggregate 6.375% Senior Notes Due 2025
PHILADELPHIA --(BUSINESS WIRE)--Apr. 27, 2020-- Aramark (NYSE: ARMK) announced today the successful closing by its indirect wholly owned subsidiary, Aramark Services, Inc. (the “Issuer”), of its previously announced upsized private offering of $1.5 billion aggregate principal amount of 6.375%
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Toggle Summary Aramark Salutes School Lunch Heroes, Provides 20 Million Meals to Students During COVID-19 Crisis
Nation’s Leading Food & Nutrition Service Provider Partners with Local Communities to Assist Students and Families in 298 School Districts, Serves One Millions Meals Daily PHILADELPHIA --(BUSINESS WIRE)--Apr. 27, 2020-- In celebration of School Lunch Hero Day ( May 1 ) and in the midst of the
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Toggle Summary Aramark Announces Pricing and Upsizing of Private Offering of $1.5 Billion Aggregate 6.375% Senior Notes Due 2025
PHILADELPHIA --(BUSINESS WIRE)--Apr. 22, 2020-- Aramark (NYSE: ARMK) announced today the pricing by its indirect wholly owned subsidiary, Aramark Services, Inc. (the “Issuer”), of $1.5 billion aggregate principal amount of 6.375% senior unsecured notes due 2025 (the “Notes”).
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Toggle Summary Aramark Provides Preliminary Second Quarter Fiscal 2020 Results
Performance Highlights Flexibility of Cost Structure and Diversification of Business Announces Amendment of Credit Agreement for Added Financial Flexibility PHILADELPHIA --(BUSINESS WIRE)--Apr. 22, 2020-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, provided
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Toggle Summary Aramark Announces Offering of Senior Notes
PHILADELPHIA --(BUSINESS WIRE)--Apr. 22, 2020-- Aramark (NYSE: ARMK) announced today that its indirect wholly owned subsidiary, Aramark Services, Inc. (the “Issuer”), intends to privately offer $1,250 million aggregate principal amount of senior unsecured notes due 2025 (the “Notes”).
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Toggle Summary Aramark to Hold Conference Call on Second Quarter 2020 Earnings
CEO John Zillmer and CFO Tom Ondrof to Lead Call PHILADELPHIA --(BUSINESS WIRE)--Apr. 21, 2020-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its second quarter 2020 earnings on Tuesday, May 5, 2020 at 8:30
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Toggle Summary “NYC Healthcare Heroes” Delivers Thousands of Packages to Bellevue Hospital, Coney Island Hospital and Others in First Week
Inaugural Press Event to Be Held at Coney Island Hospital at 7:00 PM ET Tonight Program Launched with $20 Million Commitment from the Debra and Leon Black Family Aramark Employees Providing Procurement, Assembly and Delivery Services for at Least 300,000 and Up to 500,000 Food and Household Supply
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Toggle Summary Aramark to Manufacture Essential Protective Gear to Support COVID-19 Response
Philadelphia -based Company’s Uniforms Division Shifts Production Lines to Make Masks, Scrubs and Gowns for Healthcare Providers and Other Critical Industries PHILADELPHIA --(BUSINESS WIRE)--Apr. 13, 2020-- Philadelphia -based Aramark (NYSE: ARMK), keeping with its 84-year history of answering the
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Toggle Summary “NYC Healthcare Heroes” Program Launches at NYC Hospitals Next Week
  Donation of $30 Will Provide a Package of Food and Household Supplies for Healthcare Professionals on NYC’s Front Lines To Donate Visit bit.ly/NYCHealthcareHeroes NEW YORK --(BUSINESS WIRE)--Apr. 10, 2020-- “NYC Healthcare Heroes,” a city-wide philanthropic program to support NYC healthcare
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Toggle Summary Debra and Leon Black Family and Aramark Launch “NYC Healthcare Heroes” in Partnership with the Mayor’s Fund, Robin Hood and American Red Cross to Provide Shelf-Stable Food, Household Supplies and Health Products to NYC’s 100,000+ Healthcare Heroes
The Black Family Commits $20 Million , Including Initial $10 Million and Plans for $10 Million in Matching Funds; Total Possible Raise of $30 Million+ to Fund Food and Supplies Through June Aramark Employees to Provide Procurement, Assembly and Delivery Services for at Least 300,000 and Up to
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Toggle Summary Aramark Provides Update on Financial Flexibility
No significant maturities until 2023 More than $1.3 billion of cash availability Ample room under covenants PHILADELPHIA --(BUSINESS WIRE)-- Aramark (NYSE:ARMK), a global leader in food, facilities management and uniforms, released a statement today addressing the Company’s diversified portfolio,
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Toggle Summary Aramark to Participate in the BofA Securities Consumer & Retail Technology Conference
PHILADELPHIA --(BUSINESS WIRE)-- Aramark (NYSE:ARMK), a $16 billion global leader in food, facilities management and uniforms, announced today that the Company’s Chief Executive Officer, John Zillmer , and Chief Financial Officer, Tom Ondrof , will participate in the BofA Securities Consumer &
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Toggle Summary National 4-H Council Selects Aramark to Manage National 4-H Conference Center
PHILADELPHIA & CHEVY CHASE, Md. --(BUSINESS WIRE)-- After a multi-year analysis, National 4-H Council has selected Aramark (NYSE: ARMK) to manage all operations of the National 4-H Conference Center in Chevy Chase, MD . This new partnership aims to maximize value and ensure a healthy future for the
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