Aramark Services (ARMK) Tops Q3 EPS by 2c

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Go back to Aramark Services (ARMK) Tops Q3 EPS by 2c

Aramark Reports Third Quarter Earnings

August 10, 2016 7:28 AM EDT

PHILADELPHIA, Aug. 10, 2016 /PRNewswire/ -- Aramark (NYSE: ARMK), a global leader in food, facilities management and uniforms, today reported third quarter results and reaffirmed its earnings outlook for fiscal 2016.

 

KEY HIGHLIGHTS

GAAP sales of $3.6 billion, up 3%.  Organic sales increased 4%; GAAP operating income of $169 million, up 45%.  Adjusted operating income increased to $202 million, up 15%1; GAAP EPS of $0.18, up 29%.  Adjusted earnings per share increased to $0.34, up 17%1; GAAP operating income margin... More