Aramark provides food, facilities, and uniform services to education, healthcare, business and industry, sports, leisure, and corrections clients in North America and internationally. The company’s managed services include dining, catering, food service management, convenience-oriented retail operations, grounds and facilities maintenance, custodial, energy and construction management, and capital project management. It also provides non-clinical support services, such as patient food and nutrition, and retail food services; and facilities services comprising clinical equipment maintenance, environmental, laundry and linen distribution, plant operations, strategic/technical, energy and suppl...
1101 Market Street
Philadelphia, PA 19107
Founded in 1959
Aramark Presents at 23rd Annual Goldman Sachs Global Retailing Conference 2016, Sep-07-2016 10:35 AM
Sep 1 16
Aramark Presents at 23rd Annual Goldman Sachs Global Retailing Conference 2016, Sep-07-2016 10:35 AM. Venue: The Plaza Hotel, New York, New York, United States. Speakers: Stephen P. Bramlage, Chief Financial Officer and Executive Vice President.
Aramark Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended July 1, 2016; Provides Earnings Guidance for 2016
Aug 10 16
Aramark reported unaudited consolidated earnings results for the third quarter and nine months ended July 1, 2016. For the quarter, sales were $3,586,908,000 against $3,486,203,000 a year ago. Operating income was $169,344,000 against $116,878,000 a year ago. Income before income taxes was $65,580,000 against $45,653,000 a year ago. Net income attributable to Aramark stockholders was $44,765,000 against $33,761,000 a year ago. Earnings per basic and diluted share attributable to Aramark stockholders were $0.18 against $0.14 a year ago. Adjusted sales (organic) were $3,615,608,000 against $3,486,203,000 a year ago. Adjusted operating income was $201,899,000 against $177,649,000 a year ago. Adjusted net income was $83,909,000 against $70,804,000 a year ago. Adjusted earnings per diluted share were $0.34 against $0.29 a year ago.
For nine months, sales were $10,872,005,000 against $10,783,183,000 a year ago. Operating income was $555,551,000 against $473,634,000 a year ago. Income before income taxes was $308,716,000 against $259,280,000 a year ago. Net income attributable to Aramark stockholders was $204,791,000 against $179,763,000 a year ago. Earnings per diluted share attributable to Aramark stockholders were $0.82 against $0.73 a year ago. Net cash provided by operating activities was $364,915,000 against $157,584,000 a year ago. Net purchases of property and equipment, client contract investments and other was $332,141,000 against $346,471,000 a year ago. Adjusted sales (organic) were $11,072,789,000 against $10,783,183,000 a year ago. Adjusted operating income was $685,503,000 against $642,325,000 a year ago. Adjusted net income was $302,746,000 against $277,468,000 a year ago. Adjusted earnings per diluted share were $1.22 against $1.13 a year ago.
The company's outlook for 2016 adjusted EPS remains unchanged within a range of $1.65 to $1.75 per share, which includes 3 cents of currency headwind.