Jefferies upgraded Aramark from Hold to Buy and set a new price target of $29.00 from $44.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/17/2024 | $36.00 → $42.50 | Sector Perform → Outperform | RBC Capital Mkts |
| 8/7/2024 | $36.00 → $39.00 | Hold → Buy | Deutsche Bank |
| 1/17/2024 | $33.00 | Buy | Goldman |
| 1/8/2024 | $33.00 | Buy | Truist |
| 10/9/2023 | $44.00 → $29.00 | Hold → Buy | Jefferies |
| 9/1/2023 | $45.00 → $47.00 | Neutral → Buy | Citigroup |
| 8/22/2023 | $43.00 | Neutral → Buy | UBS |
| 7/17/2023 | $49.00 | Mkt Perform → Outperform | Bernstein |
YEAR-OVER-YEAR SUMMARY Revenue +3%; Organic Revenue +5% Highest revenue for any quarter in Global FSS history Foodservice revenue +5%; Foodservice Organic revenue +6% Operating Income +30%1; Adjusted Operating Income (AOI) +13%2 Record AOI for a first quarter in Global FSS history Operating Income margin +100 bps1; AOI margin +40 bps2 GAAP EPS +264%1 to $0.39; Adjusted EPS +25%2 to $0.51 Results reflected execution of profitable growth strategies across organization Expanded Global Supply Chain Footprint; Increased Purchasing Scale Completed GPO acquisition in Europe, increasing supply chain spend by $500 million Total Global Supply Chain spend excee
Aramark's (NYSE:ARMK) Board of Directors approved a quarterly dividend of 10.5 cents per share of common stock payable on February 24, 2025 to stockholders of record at the close of business on February 10, 2025. About Aramark Aramark (NYSE:ARMK) proudly serves the world's leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Aramark has been recog
Aims to Install an Independent Slate and Legendary CEO Committed to Abandoning the Blocked Nippon Deal, Collecting the $565 Million Breakup Fee and Making U.S. Steel Great Again in the Public Market Believes the Board's Decision to Pursue a Risky Sale to Nippon – an Overseas Bidder Paying Just $1 Per Share More Than the Top Domestic Bidder – Has Led to a Dead End Contends the Board and CEO David Burritt, Who Collectively Stood to Receive $100+ Million if the Sale Proceeded, Prioritized Deal Advocacy at the Expense of Financial Health and Operational Performance Expresses Concern About the Board and Mr. Burritt Continuing to Devote Immense Resources to Litigation Despite Legal Headwind
4 - Aramark (0001584509) (Issuer)
4 - Aramark (0001584509) (Issuer)
4 - Aramark (0001584509) (Issuer)
Nebraska Athletics and Aramark Sports + Entertainment ((Aramark, NYSE:ARMK) today announced a new multi-year partnership to manage all gameday food and beverage services, including concessions and premium spaces, at the University of Nebraska's Memorial Stadium, Bob Devaney Sports Center, and other University-operated athletic venues beginning this year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250213127903/en/ Aramark, the award-winning food and beverage provider at more than 60 premier stadiums, arenas, and sports facilities across North America, is expanding its portfolio by adding the University of Nebraska as its four
YEAR-OVER-YEAR SUMMARY Revenue +3%; Organic Revenue +5% Highest revenue for any quarter in Global FSS history Foodservice revenue +5%; Foodservice Organic revenue +6% Operating Income +30%1; Adjusted Operating Income (AOI) +13%2 Record AOI for a first quarter in Global FSS history Operating Income margin +100 bps1; AOI margin +40 bps2 GAAP EPS +264%1 to $0.39; Adjusted EPS +25%2 to $0.51 Results reflected execution of profitable growth strategies across organization Expanded Global Supply Chain Footprint; Increased Purchasing Scale Completed GPO acquisition in Europe, increasing supply chain spend by $500 million Total Global Supply Chain spend excee
Aramark's (NYSE:ARMK) Board of Directors approved a quarterly dividend of 10.5 cents per share of common stock payable on February 24, 2025 to stockholders of record at the close of business on February 10, 2025. About Aramark Aramark (NYSE:ARMK) proudly serves the world's leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Aramark has been recog
RBC Capital Mkts upgraded Aramark from Sector Perform to Outperform and set a new price target of $42.50 from $36.00 previously
Deutsche Bank upgraded Aramark from Hold to Buy and set a new price target of $39.00 from $36.00 previously
Goldman initiated coverage of Aramark with a rating of Buy and set a new price target of $33.00
SCHEDULE 13G/A - Aramark (0001584509) (Subject)
SCHEDULE 13G - Aramark (0001584509) (Subject)
10-Q - Aramark (0001584509) (Filer)
SC 13G - Aramark (0001584509) (Subject)
SC 13G - Aramark (0001584509) (Subject)
SC 13G/A - Aramark (0001584509) (Subject)
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) annual list of the Best of the Best Top Supplier Diversity Programs for Women's Business Enterprises (WBEs). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240326337706/en/Aramark was recognized on DiversityComm, Inc.'s annual list of the Best of the Best Top Supplier Diversity Programs for Women's Business Enterprises. (Graphic: Business Wire) DiversityComm's Best of the Best lists recogn
Ondrof to serve as Strategic Advisor 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. Jim Tarangelo, Aramark's Senior Vice President Finance & Treasurer, has been appointed to succeed Ondrof as Chief Financial Officer, effective January 13. "Tom leaves a strong legacy that's both broad and deep," said John Zillmer, Aramark's Chief Executive Officer. "When I asked him to join Aramark shortly after my return, he left a hard-earned retirement to help us create and drive a successful growth strategy based on our hospitality culture,
NEW YORK, Sept. 28, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, the S&P MidCap 400 and the S&P SmallCap 600 indices: Veralto Corp. (NYSE:VLTO) will be added to the S&P 500 effective prior to the open of trading on Monday, October 2, replacing DXC Technology Co. (NYSE:DXC) which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 3. DXC Technologies will replace Ebix Inc. (NASD: EBIX) in the S&P SmallCap 600 also effective prior to the open of trading on October 3. S&P 500 &100 constituent Danaher Corp. (NYSE:DHR) is spinning off Veralto in a transaction expected to be completed on October 2. Followin