Aramark Services (ARMK) Reports In-Line Q1 EPS
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Aramark Reports First Quarter Earnings
February 8, 2022 6:30 AM ESTYEAR-OVER-YEAR SUMMARY
Revenue +44%; Organic Revenue +41% Performance improvement across all segments, led by FSS U.S. Revenue at 93% of pre-COVID level; Organic Revenue at 92% of pre-COVID level Operating Income up $161 million; Adjusted Operating Income (AOI) up $176 million Operating Income Margin of 3.6%; AOI Margin of 4.3% on a constant-currency basis Higher profitability driven by improved sales volume and effective cost management EPS increased $0.49 to $0.17; Adjusted EPS increased $0.53 to $0.22 Continued focus and delivery on growth... More