Aramark Services (ARMK) Tops Q3 EPS by 2c
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Aramark Reports Third Quarter Earnings
August 10, 2016 7:28 AM EDTPHILADELPHIA, Aug. 10, 2016 /PRNewswire/ --Â 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.
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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