
Aramark reported its fourth-quarter earnings with an adjusted EPS of $0.54, slightly above the estimated $0.53. The company achieved revenue of $4.4 billion, slightly below the estimated $4.47 billion. Aramark's Food and Support Services (FSS) US revenue reached $3.18 billion, a 3.6% year-over-year increase. The company announced a new $500 million buyback program and an 11% increase in dividends. For fiscal year 2025, Aramark has increased its guidance, projecting organic revenue growth between 7.5% and 9.5%. Additionally, the company reported a 13% increase in operating income and a 20% rise in adjusted operating income. Aramark's GAAP EPS decreased by 42% to $0.99, while its adjusted EPS rose by 35% to $1.55. The company's stock rose by 4.8% in pre-market trading following the earnings announcement.
$ARMK (+4.8% pre) Aramark 4Q Revenue Climbs on Strong Volumes - MW https://t.co/3dty6PFqa2
$ARMK: Q4 EPS $0.54 vs. $0.53 est., new $500M buyback, dividend up 11%, FY25 guidance increased.
$ARMK Earnings: - Revenue: $4.4 billion - GAAP EPS (42)% to $0.99; Adjusted EPS +35% to $1.55 - Operating Income +13%; Adjusted Operating Income (AOI) +20% “We reached new highs in our financial performance every quarter during fiscal 2024, ultimately achieving record revenue… https://t.co/SVP094RsoW