Aramark Services (ARMK) Tops Q4 EPS by 2c
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Aramark Reports Fourth Quarter and Fiscal Year 2021 Results
November 16, 2021 6:30 AM ESTQ4 SUMMARY
Revenue +32%; Organic Revenue +37% Improved performance led by the FSS United States segment Revenue at 90% of pre-COVID level; Organic Revenue at 87% of pre-COVID level Operating Income up $226 million; Adjusted Operating Income (AOI) up $177 million versus prior year Operating Income Margin of 3.7%; AOI Margin of 4.8% on a constant-currency basis Higher profitability driven by improved sales volume and effective cost management EPS increased $0.73 to $0.14; Adjusted EPS increased $0.56 to $0.21FISCAL YEAR 2021... More
