Aramark (ARMK)

Texas State University Selects Aramark as Its New Comprehensive Collegiate Hospitality PartnerJune 1, 2026 7:30 AM
Business Wire Texas State University (TXST) has selected Aramark Collegiate Hospitality as its new comprehensive hospitality partner, beginning June 1, 2026. The new contract unifies dining, athletics, vending, and campus life through Texas State Hospitality, a campus ecosystem Aramark is creating in partnership with TXST. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260601348322/en/Texas State University (TXST) has selected Aramark Collegiate Hospitality as its new comprehensive hospitality partner, beginning June 1, 2026. The new contract unifies dining, athletics, vending, and campus life through Texas State Hospitality, a campus ecosystem Aramark is creating in partnership with TXST. “Texas State is committed to providing an exceptional campus experience for everyone who learns, works, and gathers here,” said Cynthia L. Hernandez, vice president for Student Success at TXST. “This partnership helps create a dining and hospitality ecosystem that strengthens community, supports student success, and reflects the quality and pride of the Texas State experience.” As TXST grows enrollment, expands its academic and physical footprint across the San Marcos and Round Rock campuses, prepares to compete on a national stage as a member of the Pac-12 Conference, and advances its journey toward Carnegie R1 research status, the partnership positions hospitality as a strategic driver of student success, campus cohesion, and institutional sustainability. “Texas State is a university on the rise, and we are proud to have this opportunity, which now represents our largest university partnership in Texas,” said Barbara Flanagan, President and CEO of Aramark Collegiate Hospitality. “Hospitality is the connective tissue of campus life; by working side by side with Texas State, we will deliver a cohesive experience that strengthens community, elevates gameday energy, and supports the University’s continued momentum as it advances its academic, research, and national aspirations.” The new contract integrates residential and retail dining, catering, concessions, and vending into a unified hospitality model. Texas State Hospitality will support the daily rhythm, belonging, well-being, and academic ambition for nearly 45,000 students across both campuses. Building a Connected Student-Centered Campus Ecosystem The partnership prioritizes a modernized dining experience. Dining environments will emphasize accessibility, varied menu options, technology-enabled convenience, and consistent service for students, faculty, and staff. Initial program enhancements and planned changes include: Reimagined residential dining halls at Commons, Harris, and the new Hilltop facility, each with a distinct culinary identity aligned to student preferences and campus culture. Expanded retail dining options across campus, featuring a mix of national brands, on-trend concepts, and rotating local and regional partners that reflect the flavors and traditions of Texas. Enhanced athletic fueling programs, including training tables, fueling stations, and performance-focused nutrition offerings designed to support student athlete success. Elevated gameday hospitality and fan experiences at UFCU Stadium and athletic venues, enhancing food, beverage, and service offerings to meet the energy, scale, and expectations of Pac-12 competition. Improved access for students living off-campus with mobile ordering, extended hours, grab-and-go formats, and locations along high-traffic campus pathways. Updated dining technology, including digital menu boards, mobile ordering, and unified point-of-sale systems to reduce wait times and improve service consistency. Expanded food security initiatives, including meal access programs and campus partnerships that increase flexibility while reducing stigma for students facing food insecurity. The hospitality program will continuously evolve through student feedback, performance insights, and campus collaboration—ensuring alignment with the needs of a dynamic university community and supporting Texas State’s continued academic and research growth. About Texas State University Founded in 1899, Texas State University is among the largest universities in Texas with an enrollment of more than 44,000 students on campuses in San Marcos and Round Rock. Texas State’s 247,000-plus alumni are a powerful force in serving the economic workforce needs of Texas and throughout the world. About Aramark Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at www.aramark.com and connect with us on LinkedIn, Facebook, and Instagram. View source version on businesswire.com: https://www.businesswire.com/news/home/20260601348322/en/ Heather Dotchel, dotchel-heather@aramark.com Original: Texas State University Selects Aramark as Its New Comprehensive Collegiate Hospitality Partner

Aramark to Participate in Upcoming Investor ConferencesMay 28, 2026 7:30 AM
Business Wire Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that members of its executive management team are participating in the following upcoming investor conferences: Stifel Cross Sector Conference – On Tuesday, June 2, 2026, Marc Bruno, Chief Operating Officer, U.S., will host a series of meetings with investors. Baird Global Consumer, Technology & Services Conference – On Thursday, June 4, 2026, Autumn Bayles, Executive Vice President, Global Supply Chain & Group Purchasing Organizations, will participate in a fireside chat beginning at 10:15 a.m. ET and will host a series of meetings with investors. A live webcast and replay of the fireside chat session will be available on the Aramark Investor Relations website. About Aramark
Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at www.aramark.com and connect with us on LinkedIn, Facebook, X, and Instagram. View source version on businesswire.com: https://www.businesswire.com/news/home/20260528682603/en/ Inquiries
Felise Glantz Kissell
(215) 409-7287
Kissell-Felise @jackie
Cleary-Gene@aramark.com Original: Aramark to Participate in Upcoming Investor Conferences

Aramark Destinations Announces ‘Landmarks of Legacy’ Initiative to Celebrate America's 250th AnniversaryMay 21, 2026 7:30 AM
Business Wire As America nears its 250th anniversary, Aramark Destinations is proud to introduce Landmarks of Legacy, a multi-faceted initiative designed to engage guests in immersive experiences that celebrate the country’s past, present, and future. This cross-property, guest-facing campaign aims to connect Aramark’s vast portfolio of destinations through storytelling, historical preservation, and unique, location-based experiences. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260521135949/en/From the East Coast to the West, the Landmarks of Legacy program will come to life across Aramark Destinations’ nationwide portfolio. The Landmarks of Legacy campaign will unfold in phases, beginning with property-specific activations and expanding into national moments. As part of the initiative, Aramark Destinations is enhancing its food, beverage, and retail offerings, creating new opportunities for visitors to engage with America’s history in meaningful ways. From the East Coast to the West, the program will come to life across Aramark Destinations’ nationwide portfolio, with experiences ranging from onsite activations – like Fourth of July cruises with SpiritLine Cruises in Charleston and the new America250 camping and rafting package at Adventures on the Gorge in the mountains of West Virginia – to specialty cocktails enjoyed against the scenic backdrops of iconic western locations like The Lodge at Bryce Canyon in Utah and The Ahwahnee at Yosemite National Park in California. Guests will also have access to LandmarksofLegacy.com, a central hub to explore all participating destinations, discover new experiences, and stay updated on limited-time offerings. This interactive platform will enable visitors to plan their trips while learning about the unique history of each destination. From onsite activations to commemorative retail collections and regionally inspired food offerings, Landmarks of Legacy encourages guests to experience the stories and traditions that define each destination. These moments offer a hands-on approach to history, from enjoying a Red, White and Blue Mojito at a local bar to purchasing commemorative items like campfire mugs and Hasbro’s limited-edition Trivial Pursuit game. “America250 is not only a historic milestone for the country, but also for the parks, landmarks, and local businesses that welcome millions of visitors each year,” said Sasha Day, President and CEO of Aramark Destinations. “Landmarks of Legacy allows us to spotlight the unique history of these destinations while helping guests engage with them in memorable and meaningful ways.” Some highlights of Landmarks of Legacy include: Limited-edition items such as T-shirts, pint glasses, and exclusive America250 merchandise offer guests the chance to take home a piece of history. Guests can indulge in innovative menu items such as the Red, White & Blue Burger or the All-American Cookout featuring regional hot dogs from iconic American cities, along with celebratory drinks like the “Sparkler” cocktail and the “Firecracker” mocktail. Aramark is offering exclusive tours, including the Gray Line of Charleston’s America250 Bus Tour, which immerses guests in the stories behind America’s fight for independence. Over the coming months, Aramark Destinations will continue to roll out new initiatives, bringing history, culture, and stewardship to the forefront of the guest experience. To explore participating destinations and learn more about Landmarks of Legacy, visit LandmarksOfLegacy.com. About Aramark Destinations Aramark Destinations delivers authentic and memorable experiences at iconic locations across the United States. From national and state parks to protected lands, conference centers, and specialty hotels, Aramark Destinations provides industry-leading hospitality, lodging, and recreational amenities that inspire, restore, and connect guests with the outdoors. Visit Aramark Destinations’ website to learn more or connect on LinkedIn. View source version on businesswire.com: https://www.businesswire.com/news/home/20260521135949/en/ Media Contacts:
Madeline Airey, Aramark Communications: airey-madeline@aramark.com
Dani Hannah, The Abbi Agency: dani@theabbiagency.com Original: Aramark Destinations Announces ‘Landmarks of Legacy’ Initiative to Celebrate America's 250th Anniversary

Aramark Healthcare+ Recognized by Modern Healthcare as One of the “Best Places to Work™ in Healthcare” for Third Consecutive YearMay 20, 2026 8:15 AM
Business Wire Aramark Healthcare+ has been named to Modern Healthcare’s “Best Places to Work™ in Healthcare” list for 2026, marking the third consecutive year the organization has earned the recognition. Final rankings will be announced later this year. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260520433589/en/ “The strongest driver of our culture is how leaders show up for their teams every day,” said PJ Johnson, Aramark Healthcare+ President and CEO. “When people have clear expectations, access to development, and leaders who listen, it creates an environment where careers can grow and employees choose to stay. That consistency leads to hospitality excellence and is reflected in the experience our teammates share and ultimately, in this recognition by Modern Healthcare.” With more than 25,000 managed and direct teammates supporting over 600 healthcare facilities across 47 states, Aramark Healthcare+’s people-first approach extends directly into career development. Growth is embedded across all levels of the organization, particularly for frontline employees and operators who are critical to patient and client experiences. Clear pathways for advancement, accessible training and certifications, and active coaching from leaders help teammates build skills and advance their careers. Employees are encouraged to explore opportunities across roles, sites, and lines of business, which reinforces a culture where careers are built through mobility, exposure, and continuous development rather than a single linear path. Recent examples highlight how this focus takes shape across the organization. Frontline Environmental Services teams at a Healthcare+ account in North Carolina earned national recognition through participation in the annual Housekeeping Olympics, showcasing technical expertise and team development on a national stage. Culinary professionals benefit from enterprise-wide programs such as the Aramark Culinary Excellence (ACE) competition, which provides structured opportunities to refine skills, gain visibility, and advance alongside peers. At an account in Georgia, Aramark Healthcare+ partnered with hospital leadership to implement a jointly developed training and leadership framework for Environmental Services (EVS) employees. The program at this account aligns advancement opportunities with nationally recognized certifications through the Association for the Health Care Environment and has contributed to a 20-point increase in Hospital Consumer Assessment of Healthcare Providers and Systems (HCAHPS) cleanliness percentile scores, while also supporting strong employee retention. “Employees don’t just hear about values at Aramark Healthcare+—they experience them every single day. Whether it is through accessible leadership, recognition programs, or a strong emphasis on inclusion and belonging, employees feel seen and valued at every level,” Johnson added. About Aramark Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at www.aramark.com and connect with us on LinkedIn, Facebook, and Instagram. View source version on businesswire.com: https://www.businesswire.com/news/home/20260520433589/en/ Conall Smith
445-776-5941
smith-conall@aramark.com Original: Aramark Healthcare+ Recognized by Modern Healthcare as One of the “Best Places to Work™ in Healthcare” for Third Consecutive Year

Aramark Sports + Entertainment Drives New Food & Beverage and Premium Hospitality Experiences at Indianapolis Motor Speedway for 2026May 19, 2026 7:30 AM
Business Wire F&B PHOTOS HERE At the Racing Capital of the World, Aramark Sports + Entertainment (Aramark; NYSE: ARMK) and the iconic Indianapolis Motor Speedway (IMS) are rolling out an expanded lineup of new food, beverage, and premium hospitality offerings for the 2026 Indianapolis 500. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260519824141/en/Aramark Sports + Entertainment will debut the Souvenir Oil Can Cup at the Indianapolis 500. Leading this year’s new offerings is the debut of the collectible Souvenir Oil Can Cup, expected to become one of race week’s signature fan keepsakes. Inspired by the Speedway’s racing heritage and designed exclusively for the Indianapolis 500 experience, the limited-edition 19-ounce collectible cup will be available throughout race weekend and will feature several signature beverages. Fans can purchase the Souvenir Oil Can Cup at Tower Terrace Bars, Pagoda Plaza Bar, Turn One Plaza Bar, and Bar Barn locations at Turns 1 and 2. Fans 21+ with valid government-issued ID can choose from a menu of specialty alcoholic beverages to be served in the Souvenir Oil Can Cup including: Vodka Cucumber Coolant Mule: Big Machine Vodka mule with cucumber Boosted Blueberry Lemonade: Big Machine Vodka lemonade with blueberry Signature Margarita: Desnuda Tequila, triple sec, lime juice Paloma: Desnuda Tequila, grapefruit soda, lime juice To bring variety and excitement to race month, Aramark’s signature “Items of the Day” program at Refreshments Express in Pagoda Plaza will feature a rotating lineup of specialty offerings available on select dates throughout May. Designed to give fans something new to discover with each visit, the program blends race-day classics with elevated menu items that reflect the energy of the Speedway and continue to set the pace for race week hospitality. Refreshments Express “Items of the Day” Carnitas Street Corn Bowl (May 13 & May 17): Slow-roasted carnitas served over seasoned rice with fresh pico de gallo and a creamy chipotle mayo drizzle for a bold, flavor-packed bowl Cheesesteak Irish Nachos (May 14 & May 18): Crispy potato chips topped with shaved beef, sautéed peppers and onions, and cheddar cheese sauce for a twist on a classic Cuban Sandwich (May 15 & May 23): Slow-roasted pork, ham, Swiss cheese, pickles, and mustard served on a fresh roll Mozzarella Chicken Sandwich (May 16): Crispy chicken topped with a golden fried mozzarella cheese stick and rich marinara sauce served on a fresh bun Hot Pork Tenderloin Sliders (May 22): Breaded fried pork tenderloin sliders topped with giardiniera and zesty pickle ranch sauce, celebrating an Indiana favorite Tater Kegs (May 24): Extra-large crispy tater tots loaded with smoky bacon and melted cheddar cheese New Food & Beverage Highlights Pit Stop Dog: All-beef Oscar Mayer hot dog topped with Hoosier chili and cheese Slaw Dog: 2025 Wienie 500 Winner featuring an all-beef Oscar Mayer hot dog topped with chili sauce and vinegar-based coleslaw Borchetta Small Batch Bourbon & Coca-Cola Slushies Premium Suite Enhancements
Aramark has expanded its premium suite experiences for 2026 with customizable hospitality packages designed to enhance the race-day experience throughout the month of May. The Turn 1 Build Your Own Suite Package features a variety of options that suite guests can select including salads, breads, smoked gouda mac & cheese, Korean BBQ meatballs, and more. For something sweet, race fans can enjoy a Dessert Charcuterie Board, featuring cheesecake shooters, mini cookies, chocolate pretzels, macarons, and more. “As we continue our partnership with Indianapolis Motor Speedway, Aramark Sports + Entertainment is proud to continue evolving the fan experience through elevated hospitality, innovative culinary offerings and immersive race-day traditions that celebrate the spirit of the Indianapolis 500,” said Alison Birdwell, President and CEO, Aramark Sports + Entertainment. “From the debut of the Souvenir Oil Can Cup and expanded favorites, this year’s offerings were designed to deliver more variety, excitement, and memorable moments throughout the month of May.” About Aramark Sports + Entertainment
Aramark Sports + Entertainment serves more than 150 award-winning food and beverage and retail programs in premier professional and collegiate stadiums and arenas along with convention centers, cultural attractions, performance venues, and unique entertainment destinations across North America. The company has received accolades for industry innovations including autonomous markets and dining concepts powered by artificial intelligence and has provided hospitality services at high-profile sporting events like the MLB World Series, MLB at Rickwood Field, NBA All-Star, and Indianapolis 500. Visit Aramark Sports + Entertainment's website to learn more or connect on LinkedIn and X. View source version on businesswire.com: https://www.businesswire.com/news/home/20260519824141/en/ Media Contacts
Aramark Sports + Entertainment: Madeline Airey (airey-madeline@aramark.com)
FINN Partners: Aramark@finnpartners.com Original: Aramark Sports + Entertainment Drives New Food & Beverage and Premium Hospitality Experiences at Indianapolis Motor Speedway for 2026

Aramark Announces Strategic Partnership with Grand Canyon University to Support Scalable Growth and Institutional ExcellenceMay 18, 2026 7:30 AM
Business Wire Aramark Collegiate Hospitality today announced a new long-term partnership with Grand Canyon University (GCU) to provide campus dining, retail, catering, and athletics-related hospitality programs. The partnership establishes a modern collegiate hospitality platform designed to scale with enrollment growth, enhance operational transparency, and deliver a more connected, engaging, and student-centered campus experience. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260518812257/en/Aramark Collegiate Hospitality today announced a new long-term partnership with Grand Canyon University (GCU) to provide campus dining, retail, catering, and athletics related hospitality programs. The partnership establishes a modern collegiate hospitality platform designed to scale with enrollment growth, enhance operational transparency, and deliver a more connected, engaging, and student-centered campus experience. “Grand Canyon University exemplifies the next generation of private higher education—ambitious, enrollment-driven, and nationally visible,” said Barbara Flanagan, President and CEO of Aramark Collegiate Hospitality. “By combining customized programs with trusted performance reporting, advanced analytics, and engaged leadership, we are creating a platform for continuous improvement and long-term value.” The collaboration is structured to support GCU’s growing community and to reinforce the experiences that drive student engagement, retention, and institutional identity, from campus meals to major campus events and gameday moments. Aramark’s approach involves customized campus programming rather than one-size-fits-all solutions, blending proprietary concepts, national brands, and local and regional partners. Through advanced retail planning and continuous portfolio evaluation, the partnership is designed to introduce new flavors, formats, and spaces that foster connection, convenience, and community across campus. Supporting the Campus Experience and Athletics Recognizing the role of athletics in campus culture and national visibility, the partnership aligns hospitality operations with GCU Athletics priorities. Aramark will enhance arena concessions and gameday experiences and introduce athlete-focused nutrition and dining programs. These efforts will elevate both competitive performance and fan engagement while reinforcing the University’s brand on a national stage. Game days, campus celebrations, and high visibility events will be supported by optimized throughput, upgraded technology, and hospitality environments that reflect the energy and identity of GCU. “GCU consistently ranks among the nation’s top 25 Best College Campuses, and our 35 dining options play a major role in that,” said GCU President Brian Mueller. “Aramark has proven experience, a strong commitment to technology, student engagement and operational execution, and we are excited about what this partnership will bring to the GCU community.” A Transparent, Performance Oriented Operating Model Aramark will deliver customized real-time reporting that provides university leadership with clear insight into performance to support informed decision-making as Grand Canyon University grows. Through benchmarking and continuous evolution, the model ensures campus services remain aligned with GCU’s academic mission and student expectations. The hospitality program will emphasize workforce continuity, operational stability, and seamless service while supporting student employment and leadership development. About Grand Canyon University: Grand Canyon University was founded in 1949 and is Arizona’s premier private Christian university. GCU is accredited by the Higher Learning Commission and offers 380 academic programs, emphases and certificates for both traditional undergraduate students and working professionals. The university’s curriculum emphasizes interaction with classmates, both in-person and online, and individual attention from instructors while fusing academic rigor with Christian values to help students find their purpose and become skilled, caring professionals. For more information, visit gcu.edu About Aramark Collegiate Hospitality Aramark Collegiate Hospitality—where futures are better served—has been a trusted dining partner to higher education institutions for over 50 years. Serving more than 275 colleges and universities nationwide, Aramark delivers customized dining and hospitality programs that reflect the unique culture and needs of each campus. Rooted in a deep commitment to service for people, partners, the community, and the planet, Aramark goes beyond meals by curating tailored experiences, supporting success, and cultivating communities. Connect with Collegiate Hospitality on LinkedIn. Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at www.aramark.com and connect with us on LinkedIn, Facebook, X, and Instagram. View source version on businesswire.com: https://www.businesswire.com/news/home/20260518812257/en/ Media Contact:
Heather Dotchel
dotchel-heather@aramark.com Original: Aramark Announces Strategic Partnership with Grand Canyon University to Support Scalable Growth and Institutional Excellence

Aramark and University of Wisconsin–Oshkosh Partner to Elevate the Student Hospitality ExperienceMay 13, 2026 7:30 AM
Business Wire Aramark today announced a new partnership with the University of Wisconsin–Oshkosh to deliver an all-new dining and hospitality program designed to enhance campus life, expand access to nutritious food options, and support the University’s long-term growth and recruitment goals. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260513163505/en/Aramark announced a new partnership with the University of Wisconsin–Oshkosh to deliver an all-new dining and hospitality program designed to enhance campus life, expand access to nutritious food options, and support the University’s long-term growth and recruitment goals. “This partnership extends far beyond dining,” said Brian Warzynski, Assistant University Dining Director. “Together with Aramark, we are creating hospitality experiences that support our students, welcome guests, connect us more deeply to the Oshkosh community, and showcase UW–Oshkosh as a place where people come together through shared experiences.” Aramark will introduce a comprehensive suite of hospitality services focused on flexibility, wellness, and engagement. The program brings new residential, retail, and event-driven offerings to campus while strengthening connections between the University and its community. “We continue to invest in partnerships that help colleges and universities thrive,” said Barbara Flanagan, President and CEO of Aramark Collegiate Hospitality. “As we re-enter the University of Wisconsin system, we are combining our national scale and expertise with campus specific innovation to create a dining program that captures the Oshkosh campus identity and drives student engagement.” A Modern, Campus-Wide Dining Experience Aramark is rolling out several new and expanded offerings across campus: Innovative Eat to Excel Expansion:
UW–Oshkosh becomes Aramark’s first campus to offer a standalone Eat to Excel retail location adjacent to the dining hall, extending performance-focused nutrition for student athletes and active students. Enhanced Retail Options in Reeve Memorial Union:
New concepts, including The Drop, a technology-enabled virtual dining destination; and Foodlab, a rotating, student-driven culinary platform, will expand choice and introduce globally inspired flavors. Greater Convenience Across Campus:
The Outpost will launch in the Science Building with mobile and kiosk ordering and streamlined pickup, while high-end vending solutions in the Kolf Sports Center will provide Eat to Excel-approved and convenient on-the-go options for athletes, students, and campus guests. Expanded Residential Dining Access:
In the second year of the partnership, Blackhawk Commons will add a True Balance station featuring recipes made without gluten and the most common allergens to support inclusive dining and student wellness. Community and Recruitment Partnerships:
Collaborations with K–12 schools throughout Wisconsin will support recruitment by introducing prospective students and families to campus life and the Titan Experience. Expanded Event and Guest Offerings:
For large-scale events, Aramark will expand hospitality options with a smokehouse style menu, a mobile food cart at bus pickup locations, and curated picnic lunch catering designed to enhance the guest experience. To integrate with the UW–Oshkosh’s strategic plan and long-term vision, Aramark developed a dining and hospitality framework to support institutional growth, student success, and regional impact. Through a collaborative planning process, Aramark merged its core mission with the University’s priorities around opportunity, innovation, sustainability, and distinction. The partnership further strengthens Aramark Collegiate Hospitality’s leadership position within higher education, building on its continued growth across public and private campuses nationwide. About Aramark Collegiate Hospitality Aramark Collegiate Hospitality—where futures are better served—has been a trusted dining partner to higher education institutions for over 50 years. Serving more than 275 colleges and universities nationwide, Aramark delivers customized dining and hospitality programs that reflect the unique culture and needs of each campus. Rooted in a deep commitment to service for people, partners, the community, and the planet, Aramark goes beyond meals by curating tailored experiences, supporting success, and cultivating communities. Connect with Collegiate Hospitality on LinkedIn. Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at www.aramark.com and connect with us on LinkedIn, Facebook, X, and Instagram. View source version on businesswire.com: https://www.businesswire.com/news/home/20260513163505/en/ Media: Heather Dotchel, dotchel-heather@aramark.com Original: Aramark and University of Wisconsin–Oshkosh Partner to Elevate the Student Hospitality Experience

Aramark Reports Second Quarter EarningsMay 12, 2026 6:30 AM
Business Wire YEAR-OVER-YEAR SUMMARY Note: As previously disclosed, the calendar shift resulting from the 53rd week in fiscal 2025 affects quarterly comparisons in fiscal 2026 Revenue +15%; Organic Revenue +12% Performance led by broad-based net new business and base business growth in both FSS United States and International; Approximately 3% benefit to Revenue and Organic Revenue growth from the calendar shift New business wins have already reached a record $1 billion this fiscal year to date; High client retention rate exceeding 98% across the Company Operating Income +26%; Adjusted Operating Income (AOI) +24%1 Enhanced technology capabilities resulted in additional productivity gains; Approximately 14% and 12% benefit to Operating Income and AOI growth, respectively, from the calendar shift Profitability growth reflected strong revenue levels, supply chain efficiencies, and effective above-unit cost management GAAP EPS +65% to $0.38; Adjusted EPS +40%1 to $0.49 Continued momentum in top and bottom line financial performance; Approximately 30% and 20% benefit to GAAP EPS and Adjusted EPS growth, respectively, from the calendar shift Favorable business trends occurring throughout the organization Disciplined Capital Allocation Priorities Contributed to Strong Cash Flow Net cash provided by operating activities of $400 million, +56%; Free Cash Flow of $305 million, +116%, with more than $1.4 billion in cash availability Proactively repaid $55 million of 2030 Term Loans; Repurchased approximately $25 million of stock Recently Entered Hyperscale AI Data Center Market Offering Integrated Suite of Capabilities Launched Aramark Nexus™, a new platform delivering hospitality and workforce support services for hyperscale AI data centers and other large-scale, complex, and often remote operating environments New multi-year agreement with a top global hyperscaler underway; Significant pipeline of growth opportunities for Aramark Nexus™ Aramark (NYSE: ARMK) today reported second quarter fiscal 2026 results. 1 On a constant currency basis “Our financial results underscore the continued momentum at the Company driven by our unwavering focus on delivering hospitality excellence,” said John Zillmer, Aramark’s Chief Executive Officer. “With exceptionally strong business trends across sectors and geographies, we’ve updated our fiscal 2026 Outlook to the high end of our previously stated expectations for Organic Revenue growth. This reflects our team’s disciplined execution of our growth strategies as we continue to achieve new milestones.” “We’re excited about our entry into the hyperscale AI data center market with the launch of Aramark Nexus™ where we bring proven expertise in highly complex operations and an established competitive advantage. As we execute on our new multi-year engagement with a top global hyperscaler, this client is expected to become the largest in our portfolio. We believe there is substantial growth potential with this client and other hyperscalers, combined with the existing sales momentum occurring throughout our broader portfolio." SECOND QUARTER RESULTS
Consolidated revenue was $4.9 billion in the second quarter, a 15% increase year-over-year. The favorable effect of currency translation increased revenue by approximately $101 million. Organic Revenue, which excludes the effect of currency translation, was higher by 12% compared to the same year-ago period. Growth was led by broad-based net new business and base business expansion across sectors and geographies. The calendar shift from the 53rd week in the prior year increased Revenue and Organic Revenue growth by an estimated 3%, principally in the Education sector within the FSS United States segment.   Revenue     Q2 '26 Q2 '25 Change (%)   Organic Revenue Change (%)   FSS United States $3,430M $3,056M 12 %   12 %   FSS International 1,477 1,223 21 %   13 %   Total Company $4,907M $4,279M 15 %   12 %   May not total due to rounding Difference between Change (%) and Organic Revenue Change (%) is the effect of currency translation FSS United States revenue growth was led by 1) Sports, Leisure & Corrections primarily from higher per cap spending and attendance levels in Sports & Entertainment, which included Opening Day of Major League Baseball and the World Baseball Classic, as well as the NCAA Basketball Tournament; 2) Business & Industry from sustained double-digit growth with significant new business contribution, exceptionally high client retention rates, elevated catering demand, and an expanded Refreshments client base; and 3) Healthcare from onboarding new business. Revenue and Organic Revenue growth also benefited by approximately 4% from the calendar shift. FSS International revenue growth was across all geographies, driven by ongoing base business expansion and net new business performance—which included double-digit growth in both Europe and Canada, and Emerging Markets experiencing high-single digit growth on an organic basis. The calendar shift positively affected Revenue and Organic Revenue growth by an estimated 1%. Revenue on a GAAP basis included the favorable effect of currency translation. Operating Income was $220 million, an increase of 26% compared to the prior year period, and AOI grew 24%1 to $258 million. The quarter benefited from higher revenue levels, productivity gains in food and labor, supply chain efficiencies, and effective above-unit cost management. The calendar shift contributed to profitability growth by an estimated $25 million. The effect of currency translation increased Operating Income by approximately $5 million.   Operating Income   Adjusted Operating Income (AOI)   Q2 '26 Q2 '25 Change (%)   Q2 '26 Q2 '25 Change (%) Constant Currency Change (%) FSS United States $193M $152M 27%   $223M $176M 27% 27% FSS International 61 52 19%   69 58 19% 12% Corporate (34) (29) (18)%   (34) (29) (18)% (18)% Total Company $220M $174M 26%   $258M $205M 26% 24% May not total due to rounding FSS United States increased from accelerated revenue levels, enhanced technology driving additional productivity gains, supply chain efficiencies, and effective above-unit cost management. The calendar shift favorably affected Operating Income and AOI growth by an estimated 16% and 13%, respectively. FSS International grew due to higher base business and net new business along with strengthened supply chain economics, which more than offset some in-country investments during the quarter to support significant growth. Operating Income on a GAAP basis included the favorable effect of currency translation. Corporate expenses experienced higher share-based compensation. CASH FLOW AND CAPITAL STRUCTURE
Aramark reported a higher cash inflow in the second quarter compared to the prior year period, associated with stronger earnings and favorable working capital. Net cash provided by operating activities in the quarter increased 56% to $400 million, and Free Cash Flow grew 116% to $305 million. In the second quarter, the Company proactively repaid approximately $55 million of Term Loan B due June 2030 and repurchased approximately $25 million of its common stock. Aramark has repurchased more than 5 million of its shares for an aggregate purchase price of approximately $194 million since the inception of the Company's share repurchase program. Aramark’s capital allocation priorities remain unchanged: invest in the business to drive and propel growth; repay debt on an ongoing basis, with leverage expected to be under 3.0x by the end of fiscal 2026; increase the dividend annually; and utilize excess cash generation to opportunistically repurchase Aramark stock. At quarter-end, the Company had more than $1.4 billion in cash availability. DIVIDEND DECLARATION
Aramark's Board of Directors approved a quarterly dividend of $0.12 per share of common stock, as announced on May 6, 2026. The dividend will be payable on June 3, 2026, to stockholders of record at the close of business on May 20, 2026. BUSINESS UPDATE
In the second quarter, Aramark delivered significant year-over-year growth in both the top and bottom line, reflecting continued momentum across the organization. The business trends remain strong heading into the second half of the fiscal year, including 1) a client retention rate exceeding 98% across the Company; 2) sustained revenue growth in FSS United States and FSS International from broad-based net new business and ongoing base business expansion; 3) new client wins that have already reached a record $1 billion; and 4) Aramark's entry into the hyperscale AI data center market. The Company recently launched Aramark Nexus™, a new platform delivering integrated hospitality and workforce support services for the hyperscale AI data center market and other large-scale, complex, and often remote operating environments. Aramark is uniquely positioned to deliver on these integrated set of capabilities, supported by proven expertise in operating remote environments and an established competitive advantage. Aramark expects this new suite of services to generate margins above the Company average and achieve attractive investment returns. The Company believes there is substantial growth potential in this area of the business, in addition to Aramark's broader portfolio. OUTLOOK
The Company provides its expectations for organic revenue growth, Adjusted Operating Income growth (constant currency), Adjusted Earnings per Share growth (constant currency), and Net Debt to Covenant Adjusted EBITDA ("Leverage Ratio") on a non-GAAP basis, and does not provide a reconciliation of such forward-looking non-GAAP measures to GAAP due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliations, including adjustments that could be made for the effect of currency translation. The fiscal 2026 outlook reflects management's current assumptions regarding numerous evolving factors that are difficult to accurately predict, including those discussed in the Risk Factors set forth in the Company's filings with the United States Securities and Exchange Commission. Based on Aramark's strong performance in the first half of the fiscal year, the Company updated its Fiscal 2026 Outlook for Organic Revenue growth and reaffirmed expectations for AOI, Adjusted EPS, and Leverage Ratio. Aramark continues to expect accelerated AOI and margin expansion this fiscal year, consistent with the Company's expectations, capitalizing on its multiple operating levers while mobilizing a record level of new business openings. Aramark's newly awarded multi-year agreement with a top global hyperscaler is underway and service set to begin this fiscal year. This new business is not currently reflected in the Company's Fiscal 2026 Outlook with updates to be provided as the client engagement launches, grows, and scales. Aramark currently anticipates its full-year performance for Fiscal 2026 as follows:   Organic Revenue growth at the high end of the Company's previously stated +7% to +9%; Adjusted Operating Income growth of +12% to +17%; Adjusted EPS growth of +20% to +25%; and Leverage Ratio under 3x   Note: All percentages above are on a constant currency basis For easier comparison purposes, Fiscal 2025 Organic Revenue is on a 52-week basis “We enter the second half of the fiscal year with confidence in our growth trajectory and our ability to capitalize on the significant opportunities immediately ahead,” Zillmer added. “Our teams continue to deliver outstanding performance, and we remain focused on building upon this momentum and driving the business to even greater levels of success.” CONFERENCE CALL SCHEDULED
The Company has scheduled a conference call at 8:30 a.m. ET today to discuss its earnings and outlook. This call and related materials can be heard and reviewed, either live or on a delayed basis, on the Company's website, www.aramark.com, on the investor relations page. About Aramark
Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at www.aramark.com and connect with us on LinkedIn, Facebook, X, and Instagram. Selected Operational and Financial Metrics Adjusted Revenue (Organic)
Adjusted Revenue (Organic) represents revenue adjusted to eliminate the impact of currency translation. Adjusted Operating Income
Adjusted Operating Income represents operating income adjusted to eliminate the impact of amortization of acquisition-related intangible assets; severance and other charges and other items impacting comparability. Adjusted Operating Income (Constant Currency)
Adjusted Operating Income (Constant Currency) represents Adjusted Operating Income adjusted to eliminate the impact of currency translation. Adjusted Net Income
Adjusted Net Income represents net income attributable to Aramark stockholders adjusted to eliminate the impact of amortization of acquisition-related intangible assets; severance and other charges; the effect of debt repricing and repayments on interest expense, net, and other items impacting comparability, less the tax impact of these adjustments. The tax effect for Adjusted Net Income for our United States earnings is calculated using a blended United States federal and state tax rate. The tax effect for Adjusted Net Income in jurisdictions outside the United States is calculated at the local country tax rate. Adjusted Net Income (Constant Currency)
Adjusted Net Income (Constant Currency) represents Adjusted Net Income adjusted to eliminate the impact of currency translation. Adjusted EPS
Adjusted EPS represents Adjusted Net Income divided by diluted weighted average shares outstanding. Adjusted EPS (Constant Currency)
Adjusted EPS (Constant Currency) represents Adjusted EPS adjusted to eliminate the impact of currency translation. Covenant Adjusted EBITDA
Covenant Adjusted EBITDA represents net income attributable to Aramark stockholders adjusted for interest expense, net; provision for income taxes; depreciation and amortization and certain other items as defined in our credit agreement required in calculating covenant ratios and debt compliance. We also use Net Debt for our ratio to Covenant Adjusted EBITDA, which is calculated as total long-term borrowings less cash and cash equivalents and short-term marketable securities. Free Cash Flow
Free Cash Flow represents net cash used in operating activities less net purchases of property and equipment and other. Management believes that the presentation of free cash flow provides useful information to investors because it represents a measure of cash flow available for distribution among all the security holders of the Company. We use Adjusted Revenue (Organic), Adjusted Operating Income (including on a constant currency basis), Adjusted Net Income (including on a constant currency basis), Adjusted EPS (including on a constant currency basis), Covenant Adjusted EBITDA and Free Cash Flow as supplemental measures of our operating profitability and to control our cash operating costs. We believe these financial measures are useful to investors because they enable better comparisons of our historical results and allow our investors to evaluate our performance based on the same metrics that we use to evaluate our performance and trends in our results. These financial metrics are not measurements of financial performance under generally accepted accounting principles, or GAAP. Our presentation of these metrics has limitations as an analytical tool and should not be considered in isolation or as a substitute for analysis of our results as reported under GAAP. You should not consider these measures as alternatives to revenue, operating income, net income, earnings per share or net cash used in operating activities, determined in accordance with GAAP. Adjusted Revenue (Organic), Adjusted Operating Income, Adjusted Net Income, Adjusted EPS, Covenant Adjusted EBITDA and Free Cash Flow as presented by us may not be comparable to other similarly titled measures of other companies because not all companies use identical calculations. Explanatory Notes to the Non-GAAP Schedules Amortization of Acquisition-Related Intangible Assets - adjustments to eliminate the impact of amortization expense recognized on acquisition-related intangible assets. Severance and Other Charges - adjustments to eliminate severance expenses in the applicable period ($5.5 million for both the second quarter and year-to-date 2026). Gains, Losses and Settlements impacting comparability - adjustments to eliminate certain transactions that are not indicative of the Company's ongoing operational performance, primarily for non-cash charges for the impairment of certain assets related to a business held-for-sale ($6.1 million for year-to-date 2026), multiemployer pension plan withdrawal charge ($5.6 million for year-to-date 2026), legal charges related to an antitrust review ($1.3 million for year-to-date 2026), charges related to hyperinflation in Argentina ($0.9 million gain for the second quarter of 2026, $0.4 million gain for year-to-date 2026, $0.6 million loss for the second quarter of 2025 and $1.3 million loss for year-to-date 2025) and a charge for contingent consideration liabilities related to acquisition earn outs ($11.1 million for year-to-date 2025). Effect of Debt Repayments and Refinancings on Interest Expense, net - adjustments to eliminate expenses associated with the refinancings by the Company in the applicable period such as payment of third party costs ($0.7 million for year-to-date 2026 and $5.8 million for both the second quarter and year-to-date 2025) and non-cash charges for the write-off of unamortized debt issuance costs and discounts ($0.4 million for year-to-date 2026 and $2.5 million for both the second quarter and year-to-date 2025). Tax Impact of Adjustments to Adjusted Net Income - adjustments to eliminate the net tax impact of the adjustments to Adjusted Net Income calculated based on a blended United States federal and state tax rate for United States adjustments and the local country tax rate for adjustments in jurisdictions outside the United States. The adjustments also reverse the valuation allowance recorded based on the Company's ability to utilize foreign tax credits ($3.4 million for year-to-date 2026). Additionally, the adjustments reverse the release of a valuation allowance recorded at a foreign subsidiary ($8.6 million benefit for both the second quarter and year-to-date 2025) and eliminates the impact of the state tax treatment related to the sale of a minority interest ($4.4 million charge for both the second quarter and year-to-date 2025) and the tax related impact of the Company's spin-off of the Uniform segment, including non-deductible transaction costs ($3.6 million charge for both the second quarter and year-to-date 2025). Effect of Currency Translation - adjustments to eliminate the impact that fluctuations in currency translation rates had on the comparative results by presenting the periods on a constant currency basis. Assumes constant foreign currency exchange rates based on the rates in effect for the prior year period being used in translation for the comparable current year period. Forward-Looking Statements This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current expectations as to future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. These statements include, but are not limited to, statements under the heading "Business Update," "Outlook," and those related to our expectations regarding the performance of our business, our financial results, our operations, our liquidity and capital resources, the conditions in our industry and our growth strategy. In some cases, forward-looking statements can be identified by words such as "outlook," "aim," "anticipate," "have confidence," "estimate," "expect," "will be," "will continue," "will likely result," "project," "intend," "plan," "believe," "see," "look to" and other words and terms of similar meaning or the negative versions of such words. These forward-looking statements are subject to risks and uncertainties that may change at any time, and actual results or outcomes may differ materially from those that we expected. Some of the factors that we believe could affect or continue to affect our results include without limitation: unfavorable economic conditions; natural disasters, global calamities, climate change, pandemics, energy shortages, sports strikes and other adverse incidents; geopolitical events including the conflict in the Middle East, global supply chain disruptions, inflation, volatility and disruption of global financial markets; the impact of the United States' and other countries’ trade policies including the implementation of tariffs; the failure to retain current clients, renew existing client contracts and obtain new client contracts; a determination by clients to reduce their outsourcing or use of preferred vendors; competition in our industries; increased operating costs and obstacles to cost recovery due to the pricing and cancellation terms of our food and support services contracts; currency risks and other risks associated with international operations, including compliance with a broad range of laws and regulations, including the United States Foreign Corrupt Practices Act; risks associated with suppliers from whom our products are sourced; disruptions to our relationship with our distribution partners; the contract intensive nature of our business, which may lead to client disputes; the inability to hire and retain key or sufficiently qualified personnel or increases in labor costs; our expansion strategy and our ability to successfully integrate the businesses we acquire and costs and timing related thereto; continued or further unionization of our workforce; liability resulting from our participation in multiemployer defined benefit pension plans; laws and governmental regulations including those relating to food and beverages, the environment, wage and hour and government contracting; liability associated with noncompliance with applicable law or other governmental regulations; new interpretations of or changes in the enforcement of the government regulatory framework; increases or changes in income tax rates or tax-related laws; potential liabilities, increased costs, reputational harm, and other adverse effects based on our commitments and stakeholder expectations relating to environmental, social and governance considerations; the failure to maintain food safety throughout our supply chain, food-borne illness concerns and claims of illness or injury; a cybersecurity incident or other disruptions in the availability of our computer systems or privacy breaches; the use of artificial intelligence technologies within our business processes; our leverage; variable rate indebtedness that subjects us to interest rate risk; the inability to generate sufficient cash to service all of our indebtedness; debt agreements that limit our flexibility in operating our business; risks associated with the completed spin-off of Aramark Uniform and Career Apparel ("Uniform") as an independent publicly traded company to our stockholders; and other factors set forth under the headings "Part I, Item 1A Risk Factors," "Part I, Item 3 Legal Proceedings" and "Part II, Item 7 Management's Discussion and Analysis of Financial Condition and Results of Operations" and other sections of our Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the "SEC") on November 25, 2025 as such factors may be updated from time to time in our other periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov and which may be obtained by contacting Aramark's investor relations department via its website at www.aramark.com. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included herein and in our other filings with the SEC. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, us. Forward-looking statements speak only as of the date made. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, changes in our expectations, or otherwise, except as required by law. ARAMARK AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (In Thousands, Except Per Share Amounts)       Three Months Ended     April 3, 2026   March 28, 2025 Revenue   $ 4,907,342   $ 4,279,298 Costs and Expenses:         Cost of services provided (exclusive of depreciation and amortization)     4,480,948     3,919,653 Depreciation and amortization     132,160     117,059 Selling and general corporate expenses     74,485     68,411 Total costs and expenses     4,687,593     4,105,123 Operating income     219,749     174,175 Interest Expense, net     82,241     89,704 Income Before Income Taxes     137,508     84,471 Provision for Income Taxes     35,368     22,498 Net income     102,140     61,973 Less: Net income attributable to noncontrolling interests     190     119 Net income attributable to Aramark stockholders   $ 101,950   $ 61,854           Earnings per share attributable to Aramark stockholders:         Basic   $ 0.39   $ 0.23 Diluted   $ 0.38   $ 0.23 Weighted Average Shares Outstanding:         Basic     263,160     264,811 Diluted     266,390     267,420           ARAMARK AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF INCOME (Unaudited) (In Thousands, Except Per Share Amounts)       Six Months Ended     April 3, 2026   March 28, 2025 Revenue   $ 9,738,891   $ 8,831,384 Costs and Expenses:         Cost of services provided (exclusive of depreciation and amortization)     8,896,321     8,070,885 Depreciation and amortization     258,114     230,263 Selling and general corporate expenses     147,158     138,797 Total costs and expenses     9,301,593     8,439,945 Operating income     437,298     391,439 Interest Expense, net     164,160     165,508 Income Before Income Taxes     273,138     225,931 Provision for Income Taxes     74,497     58,255 Net income     198,641     167,676 Less: Net income attributable to noncontrolling interests     530     203 Net income attributable to Aramark stockholders   $ 198,111   $ 167,473           Earnings per share attributable to Aramark stockholders:         Basic   $ 0.75   $ 0.63 Diluted   $ 0.74   $ 0.62 Weighted Average Shares Outstanding:         Basic     263,144     264,846 Diluted     266,382     268,076           ARAMARK AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) (In Thousands)               April 3, 2026   October 3, 2025 Assets                   Current Assets:         Cash and cash equivalents   $ 475,722   $ 639,095 Receivables     2,475,099     2,210,388 Inventories     453,325     418,766 Prepayments and other current assets     341,915     254,642 Total current assets     3,746,061     3,522,891 Property and Equipment, net     1,786,495     1,734,489 Goodwill     4,980,956     4,874,670 Other Intangible Assets     1,907,892     1,874,067 Operating Lease Right-of-use Assets     825,305     701,839 Other Assets     593,941     596,673     $ 13,840,650   $ 13,304,629           Liabilities and Stockholders' Equity                   Current Liabilities:         Current maturities of long-term borrowings   $ 33,853   $ 31,543 Current operating lease liabilities     65,314     60,744 Accounts payable     1,246,368     1,522,747 Accrued expenses and other current liabilities     1,744,183     1,931,688 Total current liabilities     3,089,718     3,546,722 Long-Term Borrowings     6,056,336     5,374,394 Noncurrent Operating Lease Liabilities     266,806     255,305 Deferred Income Taxes and Other Noncurrent Liabilities     1,085,590     966,019 Redeemable Noncontrolling Interests     61,871     14,130 Total Stockholders' Equity     3,280,329     3,148,059     $ 13,840,650   $ 13,304,629           ARAMARK AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (Unaudited) (In Thousands)       Six Months Ended   April 3, 2026   March 28, 2025 Cash flows from operating activities:       Net income $ 198,641     $ 167,676   Adjustments to reconcile Net income to Net cash used in operating activities:       Depreciation and amortization   258,114       230,263   Asset write-downs   6,058       —   Increase in contingent consideration liability   —       11,127   Deferred income taxes   37,430       2,931   Share-based compensation expense   34,793       30,296   Changes in operating assets and liabilities   (839,069 )     (724,340 ) Payments made to clients on contracts   (151,368 )     (86,850 ) Other operating activities   73,453       37,693   Net cash used in operating activities   (381,948 )     (331,204 ) Cash flows from investing activities:       Net purchases of property and equipment and other   (214,878 )     (232,486 ) Acquisitions, divestitures and other investing activities   (101,637 )     (249,984 ) Net cash used in investing activities   (316,515 )     (482,470 ) Cash flows from financing activities:       Net proceeds/payments of long-term borrowings   (83,443 )     414,590   Net change in Revolving Credit Facility   140,366       275,882   Net change in funding under the Receivables Facility   625,000       586,000   Payments of dividends   (63,068 )     (55,683 ) Proceeds from issuance of common stock   19,288       16,379   Repurchase of common stock   (66,322 )     (109,283 ) Payments for contingent considerations   (33,697 )     (10,505 ) Other financing activities   (5,677 )     (50,816 ) Net cash provided by financing activities   532,447       1,066,564   Effect of foreign exchange rates on cash and cash equivalents and restricted cash   (335 )     (11,497 ) (Decrease) Increase in cash and cash equivalents and restricted cash   (166,351 )     241,393   Cash and cash equivalents and restricted cash, beginning of period   707,144       732,613   Cash and cash equivalents and restricted cash, end of period $ 540,793     $ 974,006       Balance Sheet classification April 3, 2026   March 28, 2025 Cash and cash equivalents $ 475,722   $ 920,455 Restricted cash in Prepayments and other current assets 65,071   53,551 Total cash and cash equivalents and restricted cash $ 540,793   $ 974,006 ARAMARK AND SUBSIDIARIES RECONCILIATION OF NON-GAAP MEASURES ADJUSTED CONSOLIDATED OPERATING INCOME MARGIN (Unaudited) (In thousands)                       Three Months Ended     April 3, 2026     FSS United States   FSS International   Corporate   Aramark and Subsidiaries Revenue (as reported)   $ 3,430,268     $ 1,477,074         $ 4,907,342   Operating Income (as reported)   $ 192,620     $ 61,408     $ (34,279 )   $ 219,749   Operating Income Margin (as reported)     5.6 %     4.2 %         4.5 %                   Revenue (as reported)   $ 3,430,268     $ 1,477,074         $ 4,907,342   Effect of Currency Translation     (1,963 )     (99,098 )         (101,061 ) Adjusted Revenue (Organic)   $ 3,428,305     $ 1,377,976         $ 4,806,281   Revenue Growth (as reported)     12.2 %     20.8 %         14.7 % Adjusted Revenue Growth (Organic)     12.2 %     12.7 %         12.3 %                   Operating Income (as reported)   $ 192,620     $ 61,408     $ (34,279 )   $ 219,749   Amortization of Acquisition-Related Intangible Assets     25,114       8,244       —       33,358   Severance and Other Charges     5,512       —       —       5,512   Gains, Losses and Settlements impacting comparability     —       (916 )     —       (916 ) Adjusted Operating Income   $ 223,246     $ 68,736     $ (34,279 )   $ 257,703   Effect of Currency Translation     (536 )     (3,978 )     —       (4,514 ) Adjusted Operating Income (Constant Currency)   $ 222,710     $ 64,758     $ (34,279 )   $ 253,189                     Operating Income Growth (as reported)     27.0 %     19.1 %     (17.9 )%     26.2 % Adjusted Operating Income Growth     26.9 %     18.5 %     (17.9 )%     25.8 % Adjusted Operating Income Growth (Constant Currency)     26.6 %     11.6 %     (17.9 )%     23.6 % Adjusted Operating Income Margin     6.5 %     4.7 %         5.3 % Adjusted Operating Income Margin (Constant Currency)     6.5 %     4.7 %         5.3 %                       Three Months Ended     March 28, 2025     FSS United States   FSS International   Corporate   Aramark and Subsidiaries Revenue (as reported)   $ 3,056,338     $ 1,222,960         $ 4,279,298                     Operating Income (as reported)   $ 151,686     $ 51,553     $ (29,063 )   $ 174,176   Amortization of Acquisition-Related Intangible Assets     24,195       5,827       —       30,022   Gains, Losses and Settlements impacting comparability     —       622       —       622   Adjusted Operating Income   $ 175,881     $ 58,002     $ (29,063 )   $ 204,820                     Operating Income Margin (as reported)     5.0 %     4.2 %         4.1 % Adjusted Operating Income Margin     5.8 %     4.7 %         4.8 %                   ARAMARK AND SUBSIDIARIES RECONCILIATION OF NON-GAAP MEASURES ADJUSTED CONSOLIDATED OPERATING INCOME MARGIN (Unaudited) (In thousands)                       Six Months Ended     April 3, 2026     FSS United States   FSS International   Corporate   Aramark and Subsidiaries Revenue (as reported)   $ 6,792,374     $ 2,946,517     $ —     $ 9,738,891   Operating Income (as reported)   $ 381,368     $ 121,198     $ (65,268 )   $ 437,298   Operating Income Margin (as reported)     5.6 %     4.1 %         4.5 %                   Revenue (as reported)   $ 6,792,374     $ 2,946,517         $ 9,738,891   Effect of Currency Translation     (2,035 )     (150,401 )         (152,436 ) Adjusted Revenue (Organic)   $ 6,790,339     $ 2,796,116         $ 9,586,455   Revenue Growth (as reported)     6.8 %     19.1 %         10.3 % Adjusted Revenue Growth (Organic)     6.8 %     13.0 %         8.5 %                   Operating Income (as reported)   $ 381,368     $ 121,198     $ (65,268 )   $ 437,298   Amortization of Acquisition-Related Intangible Assets     50,276       15,083       —       65,359   Severance and Other Charges     5,512       —       —       5,512   Gains, Losses and Settlements impacting comparability     11,608       915       —       12,523   Adjusted Operating Income   $ 448,764     $ 137,196     $ (65,268 )   $ 520,692   Effect of Currency Translation     (533 )     (6,106 )     —       (6,639 ) Adjusted Operating Income (Constant Currency)   $ 448,231     $ 131,090     $ (65,268 )   $ 514,053                     Operating Income Growth (as reported)     10.4 %     15.2 %     (10.2 )%     11.7 % Adjusted Operating Income Growth     10.9 %     17.3 %     (10.2 )%     12.6 % Adjusted Operating Income Growth (Constant Currency)     10.8 %     12.0 %     (10.2 )%     11.2 % Adjusted Operating Income Margin     6.6 %     4.7 %         5.3 % Adjusted Operating Income Margin (Constant Currency)     6.6 %     4.7 %         5.4 %                       Six Months Ended     March 28, 2025     FSS United States   FSS International   Corporate   Aramark and Subsidiaries Revenue (as reported)   $ 6,357,354     $ 2,474,030         $ 8,831,384                     Operating Income (as reported)   $ 345,404     $ 105,238     $ (59,203 )   $ 391,439   Amortization of Acquisition-Related Intangible Assets     48,054       10,452       —       58,506   Gains, Losses and Settlements impacting comparability     11,127       1,315       —       12,442   Adjusted Operating Income   $ 404,585     $ 117,005     $ (59,203 )   $ 462,387                     Operating Income Margin (as reported)     5.4 %     4.3 %         4.4 % Adjusted Operating Income Margin     6.4 %     4.7 %         5.2 %                   ARAMARK AND SUBSIDIARIES RECONCILIATION OF NON-GAAP MEASURES ADJUSTED NET INCOME & ADJUSTED EARNINGS PER SHARE (Unaudited) (In thousands, except per share amounts)                           Three Months Ended   Six Months Ended       April 3,
2026   March 28,
2025   April 3,
2026   March 28,
2025 Net Income Attributable to Aramark Stockholders (as reported)   $ 101,950     $ 61,854     $ 198,111     $ 167,473     Adjustment:                   Amortization of Acquisition-Related Intangible Assets     33,358       30,022       65,359       58,506     Severance and Other Charges     5,512       —       5,512       —     Gains, Losses and Settlements impacting comparability     (916 )     622       12,523       12,442     Effect of Debt Repricing and Repayments on Interest Expense, net     —       8,326       1,121       8,326     Tax Impact of Adjustments to Adjusted Net Income     (9,058 )     (9,030 )     (16,226 )     (18,019 ) Adjusted Net Income   $ 130,846     $ 91,794     $ 266,400     $ 228,728     Effect of Currency Translation, net of Tax     (2,980 )     —       (3,851 )     —   Adjusted Net Income (Constant Currency)   $ 127,866     $ 91,794     $ 262,549     $ 228,728                       Earnings Per Share (as reported)                   Net Income Attributable to Aramark Stockholders (as reported)   $ 101,950     $ 61,854     $ 198,111     $ 167,473     Diluted Weighted Average Shares Outstanding     266,390       267,420       266,382       268,076         $ 0.38     $ 0.23     $ 0.74     $ 0.62     Earnings Per Share Growth (as reported) %     65.5 %         19.0 %                         Adjusted Earnings Per Share                   Adjusted Net Income   $ 130,846     $ 91,794     $ 266,400     $ 228,728     Diluted Weighted Average Shares Outstanding     266,390       267,420       266,382       268,076         $ 0.49     $ 0.34     $ 1.00     $ 0.85     Adjusted Earnings Per Share Growth %     43.1 %         17.2 %                         Adjusted Earnings Per Share (Constant Currency)                   Adjusted Net Income (Constant Currency)   $ 127,866     $ 91,794     $ 262,549     $ 228,728     Diluted Weighted Average Shares Outstanding     266,390       267,420       266,382       268,076         $ 0.48     $ 0.34     $ 0.99     $ 0.85     Adjusted Earnings Per Share Growth (Constant Currency) %     39.8 %         15.5 %     ARAMARK AND SUBSIDIARIES RECONCILIATION OF NON-GAAP MEASURES NET DEBT TO COVENANT ADJUSTED EBITDA (Unaudited) (In thousands)                   Twelve Months Ended       April 3, 2026   March 28, 2025 Net Income Attributable to Aramark Stockholders (as reported)   $ 357,032   $ 348,010     Interest Expense, net     340,577     331,285     Provision for Income Taxes     119,828     117,649     Depreciation and Amortization     504,196     451,148     Share-based compensation expense(1)     62,695     63,062     Unusual or non-recurring losses and (gains)(2)     25,523     (25,071 )   Pro forma EBITDA for certain transactions(3)     36,604     28,502     Other(4)(5)     127,504     95,335   Covenant Adjusted EBITDA   $ 1,573,959   $ 1,409,920             Net Debt to Covenant Adjusted EBITDA           Total Long-Term Borrowings   $ 6,090,189   $ 6,532,881     Less: Cash and cash equivalents and short-term marketable securities(6)     475,722     963,721     Net Debt   $ 5,614,467   $ 5,569,160     Covenant Adjusted EBITDA   $ 1,573,959   $ 1,409,920     Net Debt/Covenant Adjusted EBITDA     3.6     3.9             (1) Represents share-based compensation expense of equity awards resulting from the application of accounting for stock options, restricted stock units, performance stock units and deferred stock unit awards. (2) The twelve months ended April 3, 2026 represents a fiscal 2025 non-cash charge for the impairment on an equity investment ($19.5 million) and a fiscal 2026 non-cash charge for the impairment of certain assets related to a business held-for-sale ($6.1 million). The twelve months ended March 28, 2025 represents a fiscal 2024 gain from the sale of the Company's remaining equity investment in the San Antonio Spurs NBA franchise ($25.1 million). (3) Represents the annualizing of net EBITDA from certain acquisitions made during the period and, for purposes of the Credit Agreement, the net benefit from cost savings initiatives ($16.3 million for the twelve months ended April 3, 2026). (4) "Other" for the twelve months ended April 3, 2026 includes adjustments to remove the impact attributable to the adoption of certain accounting standards that are made to the calculation in accordance with the Credit Agreement and indentures ($56.4 million), severance charges ($41.9 million), non-cash charges for the impairments of assets ($8.9 million), multiemployer pension plan withdrawal charge ($5.6 million), merger and integration charges ($4.9 million), the impact of hyperinflation in Argentina ($4.0 million), legal charges related to an antitrust review ($3.8 million) and other miscellaneous expenses. (5) "Other" for the twelve months ended March 28, 2025 includes adjustments to remove the impact attributable to the adoption of certain accounting standards that are made to the calculation in accordance with the Credit Agreement and indentures ($52.8 million), non-cash adjustments to inventory based on expected usage ($18.2 million), charges related to a ruling on a foreign tax matter ($6.8 million), severance charges ($6.7 million), non-cash charges related to the impairment of a trade name ($3.3 million), contingent consideration expense related to acquisition earn outs, net of reversals ($2.4 million), the impact of hyperinflation in Argentina ($1.9 million) and other miscellaneous expenses. (6) Short-term marketable securities represent held-to-maturity debt securities with original maturities greater than three months, which are maturing within one year and will convert back to cash. Short-term marketable securities are included in "Prepayments and other current assets" on the Condensed Consolidated Balance Sheets. ARAMARK AND SUBSIDIARIES RECONCILIATION OF NON-GAAP MEASURES FREE CASH FLOW (Unaudited) (In thousands)               Six Months Ended   Three Months Ended   Three Months Ended   April 3, 2026   January 2, 2026   April 3, 2026 Net cash (used in) provided by operating activities $ (381,948 )   $ (782,200 )   $ 400,252               Net purchases of property and equipment and other   (214,878 )     (120,033 )     (94,845 )             Free Cash Flow $ (596,826 )   $ (902,233 )   $ 305,407                 Six Months Ended   Three Months Ended   Three Months Ended   March 28, 2025   December 27, 2024   March 28, 2025 Net cash (used in) provided by operating activities $ (331,204 )   $ (587,152 )   $ 255,948               Net purchases of property and equipment and other   (232,486 )     (117,788 )     (114,698 )             Free Cash Flow $ (563,690 )   $ (704,940 )   $ 141,250                 Six Months Ended   Three Months Ended   Three Months Ended   Change   Change   Change Net cash (used in) provided by operating activities $ (50,744 )   $ (195,048 )   $ 144,304               Net purchases of property and equipment and other   17,608       (2,245 )     19,853               Free Cash Flow $ (33,136 )   $ (197,293 )   $ 164,157     View source version on businesswire.com: https://www.businesswire.com/news/home/20260511137947/en/ Inquiries:
Felise Glantz Kissell
(215) 409-7287
Kissell-Felise @jackie
Cleary-Gene@aramark.com Original: Aramark Reports Second Quarter Earnings

Aramark Declares Quarterly DividendMay 6, 2026 7:30 AM
Business Wire Aramark’s (NYSE: ARMK) Board of Directors approved a quarterly dividend of $0.12 per share of common stock payable on June 3, 2026 to stockholders of record at the close of business on May 20, 2026. About Aramark
Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at www.aramark.com and connect with us on LinkedIn, Facebook, X, and Instagram. View source version on businesswire.com: https://www.businesswire.com/news/home/20260506421041/en/ Inquiries
Felise Glantz Kissell (215) 409-7287
Kissell-Felise @jackie
Cleary-Gene@aramark.com Original: Aramark Declares Quarterly Dividend

Aramark to Host Conference Call on Second Quarter Fiscal 2026 ResultsApril 14, 2026 7:30 AM
Business Wire
Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that it will host a conference call to review its second quarter fiscal 2026 results on Tuesday, May 12, 2026 at 8:30 a.m. ET. A news release containing the results will be issued before the call.


The conference call will be broadcast live on the Aramark Investor Relations website.


Those parties interested in participation via dial-in may register here. Once registration is completed, participants will be provided with a number containing a personalized PIN to access the call.


A replay of the call and related earnings materials will be available through the Archives section of the website.


About Aramark

Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at www.aramark.com and connect with us on LinkedIn, Facebook, X, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260414694910/en/
Inquiries

Felise Glantz Kissell

(215) 409-7287

Kissell-Felise@aramark.com


Gene Cleary

(215) 409-7945

Cleary-Gene@aramark.com


Original: Aramark to Host Conference Call on Second Quarter Fiscal 2026 Results

Aramark Employees Unite for Global Day of Service Across Four ContinentsApril 13, 2026 8:15 AM
Business Wire
Thousands of Aramark employees worldwide will roll up their sleeves on April 16 for Aramark Building Community Day (ABC Day), the company's annual Global Day of Service. Volunteers across the United States and in 12 countries will support more than 100 community organizations with neighborhood beautification, hands-on revitalization projects, and meal and hygiene kit assembly.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260413377232/en/
Why it matters: ABC Day reflects Aramark's year-round commitment to the communities where its employees live and work—and this year's effort is one of the largest yet.


The big picture: Cross-functional volunteer teams spanning every line of Aramark's business will take on projects in Argentina, Belgium, Canada, Chile, China, the Czech Republic, Germany, Ireland, Mexico, Spain, South Korea, the United Kingdom, and the United States.


"Each year, ABC Day demonstrates the power of uniting our global workforce around a single, meaningful purpose: service," said John Zillmer, Aramark CEO. "Since the first ABC Day over ten years ago, we have made significant contributions to our communities as we continue to strengthen our culture of service."


Signature U.S. Sites


Four cities were designated as signature sites, anchored by Aramark's regional volunteers:


Philadelphia



Partnering with the City of Philadelphia, the Philadelphia Visitor Center, and the Philadelphia250 initiative, 250 Aramark volunteers will help the city prepare for the U.S. Semiquincentennial (the 250th anniversary of the signing of the Declaration of Independence).


Aramark is the “Beautification” sponsor for the City’s Ring It On! One Philly: A United Celebration program, focused on improving key commercial and neighborhood corridors across Philadelphia.


One hundred Aramark volunteers will transform an underused lot in the city’s Point Breeze neighborhood into a shared picnic area, adding planter boxes, seating, murals, and improved walkways to support the neighborhood’s weekly farmers market.


In West Philadelphia, teams will work with the Fourth District Container Village to build garden beds, paint signs and benches, and add murals and a walking track for residents.



Las Vegas



Fifty volunteers return to Opportunity Village for landscaping, planting, and exterior painting. Teams will add safety features to the "Magical Forest," including solar-powered lamps, fencing, and handrails—and refresh a concession stand for new flooring and a "Santa Cabin."



Washington, D.C.



One hundred volunteers will improve the Boys & Girls Club of Greater Washington–Richard England Club through interior painting, murals, furniture assembly, and art room organization. Teams will also assemble snack-pack kits for students and families in a high food-insecurity area.



Kansas City, Missouri



Fifty volunteers will support Nourish KC by building picnic tables, planting flowers, constructing an herb garden, and installing shelving indoors. The team will also assemble 100 hygiene kits, 100 snack-pack kits, and contribute painted memorial panels to the organization's space.



International


Aramark employees will be participating in dozens of volunteer projects across 13 countries. Highlights include:



Canada: Employees across Canada will participate in a series of volunteer initiatives, including a hygiene kit assembly for women and a food demonstration for Indigenous youth in Calgary. In Ottawa, the team will partner with Second Harvest to direct food donations to Indigenous Friendship Centres through the National Association of Friendship Centres (NAFC). In Vancouver, volunteers will serve hot, nutritious meals to individuals experiencing homelessness.




Chile: Hundreds of volunteers will support local non-profit organizations and will lead clean-up/waste-minimization work, prepare over 600 meals, and revitalize a preschool playground.


South Korea: Volunteers will lead projects in support of the Korean Legacy Committee, Ronald McDonald House Charities Korea, Happy Giver, and Song Juk Won; and will assemble hygiene kits, host cooking demos, serve meals, and prep boxed lunches.


United Kingdom: Volunteers will support Dress for Success Greater London, Shooting Stars House and Hospice, and Springwell Academy Leeds East by revitalizing community spaces, organizing clothing inventory, hosting donation drives, and restoring bikes for students.



"Service is how we show up for our communities—not just in the work we do every day, but in the time and care our people give back," said Debbie Albert, Senior Vice President of Aramark Corporate Affairs. "ABC Day puts that commitment into action on a global scale, and the impact our volunteers make in a single day is a testament to what this company stands for."


About Aramark Building Community


Since 2008, Aramark Building Community has supported thousands of impactful programs, engaged more than 80,000 employee volunteers, and impacted more than two million children and families worldwide. ABC Day, launched in 2014, focuses on increasing access to food, empowering careers through hospitality skills development, and encouraging environmental stewardship.


Aramark partners with City Year's Care Force® division for expert planning and execution of high-impact service events.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260413377232/en/
Conall Smith |

Aramark Collegiate Hospitality Announces New Partnership with Suffolk University to Strengthen Student ExperienceApril 10, 2026 8:00 AM
Business Wire
Aramark Collegiate Hospitality today announced a new partnership with Suffolk University slated to begin in Summer 2026. This collaboration introduces Suffolk Dining, a new dining program designed to elevate food quality, expand access, and strengthen Suffolk’s competitive position in the heart of downtown Boston.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260410215312/en/Aramark Collegiate Hospitality today announced a new partnership with Suffolk University slated to begin in Summer 2026. This collaboration introduces Suffolk Dining, a new dining program designed to elevate food quality, expand access, and strengthen Suffolk’s competitive position in the heart of downtown Boston.
“Suffolk Dining reflects a shift toward a more welcoming, inclusive, and value-driven campus experience — one that supports our students’ daily lives, strengthens community, and aligns with the way students actually live and learn in an urban campus,” said Brian McDermott, Associate Vice President for Campus Experience, Suffolk University.


The new Suffolk Dining meal plan increases the number of meals per week offered in the default residential plan, and students will no longer manage declining balances—instead, they’ll benefit from predictable meal access, with the flexibility to choose All-You-Care-To-Enjoy (AYCTE) dining, meal exchange for grab-and-go options, or Dining Dollars for retail convenience.


“Suffolk University’s commitment to reimagining dining as a driver of belonging, access, and student success mirrors our own hospitality-first approach, and we are excited to be part of their story,” said Barbara Flanagan, President and CEO of Aramark Collegiate Hospitality. “Together, we’re building a modern program that reflects the energy of downtown Boston, supports student well-being, and delivers long-term value for the University community.”


Key Highlights of the Partnership



Dining as a Differentiator: A refreshed hospitality brand, visible upgrades, and expanded culinary identity will position Suffolk as a leader in student life and enrollment. Suffolk Dining emphasizes community-building spaces, modern service models, and a hospitality-first approach that extends beyond food.



Expanded Access & Inclusion: The new model introduces predictable, consistent access to meals — including All-You-Care-To-Enjoy dining and meal exchange at key retail locations — reducing the stress of budgeting and supporting students who previously ran out of dining funds mid-semester. Culturally inclusive menus and commuter-friendly options ensure that a diverse student body feels seen, welcomed, and supported.



Culinary Innovation: Menus inspired by global flavors, rotating concepts, and local sourcing will bring variety and excitement to campus. The program incorporates monotony breakers, themed events, and wellness-driven offerings designed to make dining a vibrant part of student life.



Technology Integration: Mobile ordering, self-service kiosks, improved throughput, and future smart-locker pickup solutions will deliver greater convenience and speed across Suffolk’s campus. The move to Grubhub replaces Boost and provides a familiar, intuitive interface for students and employees.



The partnership aligns with Suffolk’s strategic priorities and reflects Aramark’s commitment to innovation and long-term financial sustainability. Through a multiyear plan, Aramark will invest in and deliver a dining experience designed to enhance the student experience, support well-being, and foster a strong sense of community across Suffolk’s residential and commuter populations.


About Suffolk University


Suffolk University, located in historic downtown Boston, provides students with experiential and transformational learning opportunities that begin in the center of Boston, reach across the globe, and lead to extraordinary outcomes for graduates. The University is driven by the power of education, inclusion, and engagement to change lives and positively impact communities. Suffolk University offers a wide range of undergraduate and graduate programs in its College of Arts & Sciences, Sawyer Business School, and Law School.


About Aramark Collegiate Hospitality


Aramark Collegiate Hospitality—where futures are better served—has been a trusted dining partner to higher education institutions for over 50 years. Serving more than 275 colleges and universities nationwide, Aramark delivers customized dining and hospitality programs that reflect the unique culture and needs of each campus. Rooted in a deep commitment to service for people, partners, the community, and the planet, Aramark goes beyond meals by curating tailored experiences, supporting success, and cultivating communities. Connect with Collegiate Hospitality on LinkedIn.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260410215312/en/
Media contact

Heather Dotchel, dotchel-heather@aramark.com


Original: Aramark Collegiate Hospitality Announces New Partnership with Suffolk University to Strengthen Student Experience

Las Vegas A’s, Will Guidara, and Aramark Sports + Entertainment Reveal Vision for First-of-its-Kind Athletic Club Behind Home Plate of A’s New BallparkMarch 6, 2026 8:00 AM
Business Wire
Acclaimed Restaurateur Guidara to Bring His Award-Winning Hospitality Strategy and Elevated Dining Experience to His First Concept Inside a Professional Sports Venue


All-Inclusive Space for Season Ticket Members to Reimagine Baseball Hospitality with Private Restaurant and Supper Club, Lounge, and Unique Game-Day Experiences


The Athletics (A’s), world-renowned restaurateur Will Guidara, and Aramark Sports + Entertainment (Aramark; NYSE: ARMK) today revealed the vision for the Athletic Club: a first-of-its-kind, all-inclusive hospitality experience that will be located directly behind home plate in the A’s new Las Vegas ballpark, set to open in 2028. Tickets will go on sale later this month to individuals on the Priority Access List.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260306948964/en/The Athletic Club, located directly behind home plate, will feature a private restaurant and supper club, lounge, and unique game-day experiences.
Designed to transform the traditional game-day experience and completely reimagine baseball hospitality, the Athletic Club has been meticulously crafted by Guidara –- author of Unreasonable Hospitality, former co-owner of the Best Restaurant in the World, and Co-Producer on the Emmy Award-winning series “The Bear” –- and marks the first time he’s implementing his pioneering hospitality principles within a professional sports venue.


“What we set out to build here is something a little different — a space built around a simple idea: what if getting to the stadium early became one of the best parts of the night?” said Guidara. “Some of the best moments in life happen around a table. It’s where people slow down, share a drink, tell stories, and settle into each other’s company. We wanted to bring that spirit into the ballpark and create a place where gathering together is part of the experience, not just a stop along the way to the game.


Every part of the space was designed with intention — the food, the service, the atmosphere, the details you might not notice right away but feel the moment you walk in. At the center of it all is a commitment to thoughtfulness and genuine graciousness. Our hope is that it pushes the conversation forward about how people come together before a game and opens the door to a new kind of ballpark experience — one that begins long before the first pitch.”


The Athletic Club is designed to be the most exclusive space in the ballpark, with access reserved for A’s premium season-ticket members seated behind home plate. Members will enjoy a private restaurant and supper club offering a multi-course, table-service menu, as well as an upscale lounge featuring small plates and a full bar with craft beer, curated wines, and premium cocktails.


Every game will feature personalized, high-touch hospitality delivered by maître d’s, sommeliers, and dining concierges who anticipate needs, honor personal preferences, and create memorable moments. The experience has been designed to extend throughout the length of each game, sustaining a vibrant energy with special grab-and-go offerings, in-seat beverage service, surprise culinary moments, and a dramatic signature candy wall.


Diamond Club Joins Lineup of Elevated Premium Spaces


To further amplify the stadium’s premium hospitality program, Aramark and Guidara have also developed the Diamond Club, an all-inclusive social hub for premium ticket members located adjacent to the Athletic Club behind home plate. Diamond Club members will enjoy a food and beverage experience featuring Vegas-inspired food stations inclusive of locally curated dishes, chef’s specials, and a bold selection of elevated game day favorites.


Aramark Sports + Entertainment President and CEO Alison Birdwell said that Las Vegas inspired their premium approach from the start. “Vegas is a truly one-of-a-kind market, and we set out to introduce an entirely new level of hospitality that matches the energy and spectacle of the city,” she said. “We’re creating a ballpark environment where service and food redefine the way fans enjoy baseball. Partnering with Will ensures that we deliver a Vegas-worthy experience that creates memories for guests that will last a lifetime.”


Ticket Information


The Athletic Club and Diamond Club will go on sale later this month to those on the Priority Access List. Fans interested in learning more or securing seats must schedule an in-person appointment at the Ballpark Experience Center at UnCommons, with availability offered on a first-come, first-served basis. For more information, visit athletics.com/vegas.


“The Athletic Club is about providing fans with something innovative and unique that exists only in Las Vegas,” said A’s President Marc Badain. “By partnering with Will and Aramark, we’re setting a new standard for baseball hospitality, delivering exceptional food and service in a way that feels right at home in this city.”


About Aramark Sports + Entertainment


Aramark Sports + Entertainment serves more than 150 award-winning food and beverage and retail programs in premier professional and collegiate stadiums and arenas along with convention centers, cultural attractions, performance venues, and unique entertainment destinations across North America. The company has received accolades for industry innovations including autonomous markets and dining concepts powered by artificial intelligence and has provided hospitality services at high-profile sporting events like the MLB World Series, MLB at Rickwood Field, NBA All-Star, and Indianapolis 500. Visit Aramark Sports + Entertainment's website to learn more or connect on LinkedIn and X.


About Aramark


Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at www.aramark.com and connect with us on LinkedIn, Facebook, X, and Instagram.


Renderings: Athletic Club and Diamond Club

View source version on businesswire.com: https://www.businesswire.com/news/home/20260306948964/en/
Media

Aramark Sports + Entertainment: Sheena Weinstein (weinstein-sheena@aramark.com)

FINN Partners: Aramark@finnpartners.com

Las Vegas A’s: Catherine Aker (caker@athletics.com)


Original: Las Vegas A’s, Will Guidara, and Aramark Sports + Entertainment Reveal Vision for First-of-its-Kind Athletic Club Behind Home Plate of A’s New Ballpark

Aramark to Participate in Upcoming Investor ConferencesMarch 2, 2026 7:30 AM
Business Wire
Aramark (NYSE:ARMK), a global leader in food and facilities management, announced that members of its executive management team are participating in the following upcoming investor conferences:



UBS Global Consumer & Retail Investor Conference – On Wednesday, March 11, 2026, Jim Tarangelo, Executive Vice President and Chief Financial Officer, will participate in a fireside chat beginning at 8 a.m. ET and host a series of meetings with investors.




BofA Securities Information & Business Services Investor Conference – On Thursday, March 12, 2026, John Zillmer, Aramark’s Chief Executive Officer, will participate in a fireside chat beginning at 9:20 a.m. ET and will host a series of meetings with investors.



A live webcast and replay of the fireside chat sessions will be available on the Aramark Investor Relations website.


About Aramark


Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at www.aramark.com and connect with us on LinkedIn, Facebook, X, and Instagram.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260302852958/en/
Inquiries

Felise Glantz Kissell

(215) 409-7287

Kissell-Felise@aramark.com


Gene Cleary

(215) 409-7945

Cleary-Gene@aramark.com


Original: Aramark to Participate in Upcoming Investor Conferences

Aramark shares climb after Q1 results beat forecasts on solid revenue growthFebruary 10, 2026 10:02 AM
IH Market News
Aramark (NYSE:ARMK) delivered stronger-than-expected first-quarter fiscal 2026 results on Thursday, as the food services group posted solid revenue growth despite the impact of a calendar-related headwind.Shares in the company rose 1.98% in after-hours trading following the earnings release.Aramark reported adjusted earnings per share of $0.51 for the quarter, edging past analysts’ expectations of $0.50. Revenue came in at $4.83 billion, topping the consensus estimate of $4.74 billion and representing a 6% increase year over year. On an organic basis, revenue grew 5% compared with the same period last year.The company said results were affected by a calendar shift linked to a 53rd week in fiscal 2025, which weighed on reported growth. Excluding this effect, organic revenue growth would have been closer to 8%, according to management.“We’re very pleased with the strong results delivered in the quarter, which included extraordinary client retention while continuing our momentum with significant new business,” said John Zillmer, Aramark’s chief executive officer.Within its Food and Support Services (FSS) United States division, revenue rose 2% to $3.36 billion, supported by new client wins and increased activity across its base business, particularly in the Business & Industry, Healthcare and Sports segments. FSS International revenue surged 17% to $1.47 billion, reflecting broad-based growth across all regions.Adjusted operating income increased 1% to $263 million. Aramark reaffirmed its full-year fiscal 2026 guidance, forecasting organic revenue growth of 7% to 9% and adjusted EPS growth of 20% to 25%.During the quarter, the company repurchased $30 million of its common shares and refinanced $2.4 billion of its 2030 Term Loan B, lowering the interest rate by 25 basis points.Aramark also said it continues to outperform its net new business targets, which aim for 4% to 5% of prior-year revenue, supported by strong client retention across both U.S. and international operations.Aramark stock price

Original: Aramark shares climb after Q1 results beat forecasts on solid revenue growth

Aramark Reports First Quarter EarningsFebruary 10, 2026 6:31 AM
Business Wire
YEAR-OVER-YEAR SUMMARY


Note: As previously disclosed, the calendar shift resulting from the 53rd week in fiscal 2025 affects quarterly comparisons in fiscal 2026. In the first quarter of the current fiscal year, this shift reduced Revenue / Organic Revenue, Operating Income / AOI, and EPS / Adjusted EPS growth


The calendar shift is expected to favorably increase Revenue / Organic Revenue, Operating Income / AOI, and EPS / Adjusted EPS growth in the second quarter (next quarter) as part of the Company's results



Revenue +6%; Organic Revenue +5%


Organic Revenue growth would have been approximately +8% without the calendar shift; Performance driven by base business expansion and net new business



Strong momentum in new business wins and unprecedented client retention; Net New Business currently outperforming the run-rate to achieve full year growth objectives







Operating Income +0.1%; Adjusted Operating Income (AOI) +1%1


AOI growth would have been approximately +11%1 without the calendar shift



Leveraged enhanced technology capabilities across portfolio; Profitability benefited from higher revenue levels, supply chain efficiencies, and organizational cost discipline







GAAP EPS (8)% to $0.36; Adjusted EPS Unchanged at $0.51


Adjusted EPS growth would have been +13%1 without the calendar shift



Highly confident in realizing additional growth opportunities immediately ahead







Ongoing Focus on Advancing Capital Allocation Priorities


Repurchased another $30 million of stock as part of the Company's share repurchase program



Favorably repriced $2.4 billion of 2030 Term Loans by 25 basis points; Interest expense savings from proactive actions






Aramark (NYSE: ARMK) today reported first quarter fiscal 2026 results.


"We’re very pleased with the strong results delivered in the quarter, which included extraordinary client retention while continuing our momentum with significant new business,” said John Zillmer, Aramark’s Chief Executive Officer. "We firmly believe in our ability to achieve the numerous growth opportunities immediately ahead for the Company, propelled by the strategic and operational initiatives underway. Our success comes from the teams throughout the organization and around the globe who show up every day with purpose, serving with integrity, solving problems with ingenuity, and delivering consistent excellence.”




1






On a constant currency basis







FIRST QUARTER RESULTS

Consolidated revenue was $4.8 billion in the first quarter, a 6% increase year-over-year. The favorable effect of currency translation increased revenue by approximately $51 million. Organic revenue, which excludes the effect of currency translation, was higher by 5% compared to the same year-ago period. The calendar shift from the 53rd week in the prior year reduced revenue by an estimated 3%, principally in the FSS United States segment. Organic Revenue growth in the quarter would have been approximately 8% without the calendar shift. Growth was strengthened by both base business expansion and net new business.




 






Revenue








 






Q1 '26






Q1 '25






Change (%)






Organic Revenue




Change (%)








FSS United States






$3,362M






$3,301M






2 %






2 %








FSS International






1,469






1,251






17 %






13 %








Total Company






$4,832M






$4,552M






6 %






5 %








May not total due to rounding








Difference between Change (%) and Organic Revenue Change (%) is the effect of currency translation








FSS United States revenue growth was led by 1) Business & Industry from new client wins, higher base business activity, and mobilizing new Refreshments accounts; 2) Healthcare from base business growth as a result of vertical sales and expansion of multi-service offerings; and 3) Sports, Leisure & Corrections from new business wins, particularly in collegiate athletics. Organic Revenue growth would have been an estimated 5% without the calendar shift, which affected the Education, Business & Industry, and Sports, Leisure & Corrections sectors.



FSS International revenue growth was broad-based across all countries, driven by ongoing base business expansion and net new business performance—with the U.K., Chile, Germany, and Spain driving the increase. The calendar shift impacted both GAAP Revenue and Organic Revenue growth by an estimated 1%. Revenue on a GAAP basis included the favorable effect of currency translation.



Operating Income was $218 million, slightly higher than the prior year period, and AOI increased 1%1 to $263 million. Profit growth was reduced by an estimated $25 million from the calendar shift. AOI growth in the quarter would have been approximately 11%1 without the calendar shift. The quarter benefited from higher revenue levels, the leveraging of technology capabilities, particularly in supply chain, and disciplined organizational cost management. The effect of currency translation increased Operating Income by approximately $2 million.




 






Operating Income






 






Adjusted Operating Income (AOI)








 






Q1 '26






Q1 '25






Change (%)






 






Q1 '26






Q1 '25






Change (%)






Constant Currency Change (%)








FSS United States






$189M






$194M






(3)%






 






$226M






$229M






(1)%






(1)%








FSS International






60






54






11%






 






68






59






16%






12%








Corporate






(31)






(30)






(3)%






 






(31)






(30)






(3)%






(3)%








Total Company






$218M






$217M






0.1%






 






$263M






$258M






2%






1%








May not total due to rounding








FSS United States performance included increased revenue levels, enhanced technology driving back-end efficiencies and productivity in supply chain, and disciplined above-unit cost management. These gains were more than offset by the calendar shift, which reduced profitability by an estimated 10%. AOI growth in the quarter would have been approximately 9% without the calendar shift.



FSS International increased due to higher base business volume, effective above-unit cost management, and strengthened supply chain economics, similar to the FSS United States segment. In a few countries, FSS International experienced some mobilization costs associated with record new business in Sports & Entertainment and Higher Education, as well as a slight impact from the calendar shift.



CASH FLOW AND CAPITAL STRUCTURE

As expected, the first quarter recorded a cash outflow associated with the Company's seasonal business cadence, as well as a higher use of working capital compared to the prior year period from revenue growth. Capital expenditures were greater due to the timing of commitments associated with record new business and certain client renewals.


Aramark continued to advance its capital allocation priorities by repurchasing another $30 million of its common stock as part of the Company's share repurchase program. In addition, Aramark successfully completed a favorable repricing for its 2030 Term Loan B of $2.4 billion at lower interest rates. The new applicable interest rate reduced pricing by 25 basis points and will generate annual interest expense savings. The repricing did not change the Company’s outstanding debt amounts or maturities.


Aramark remains committed to its capital allocation strategy to invest in the business to drive and propel growth; repay debt on an ongoing basis, with leverage expected to be under 3.0x by the end of fiscal 2026; increase the dividend annually; and utilize excess cash generation to opportunistically repurchase Aramark stock.


At quarter-end, the Company had approximately $1.4 billion in cash availability.


DIVIDEND DECLARATION

Aramark's Board of Directors approved a quarterly dividend of $0.12 per share of common stock, as announced on February 4, 2026. The dividend will be payable on March 4, 2026, to stockholders of record at the close of business on February 18, 2026. As previously announced, the Board approved a 14% increase to Aramark's quarterly dividend in November 2025.


BUSINESS UPDATE

The Company is off to a great start to fiscal 2026, with momentum building across the business. New business wins were extensive in the quarter, and the Company delivered unprecedented client retention levels in both FSS United States and International—resulting in currently outpacing the run-rate to achieve Aramark's Net New Business target of 4% to 5% of prior year revenue.


The Company is highly committed to expanding its Global Supply Chain network and is actively pursuing meaningful business opportunities in hospitality categories, while continuing to benefit from increased volume and scale.


Aramark remains focused on driving profitability from its multiple operating levers, including supply chain initiatives and effective cost management. Among these strategies, AI-driven technology is enhancing the Company's supply chain capabilities, delivering back-end efficiencies and actionable business insights.


As referenced earlier, the calendar shift from the 53rd week in the prior year is expected to benefit Revenue / Organic Revenue, Operating Income / AOI, and EPS / Adjusted EPS in the second quarter as part of the Company's results.


OUTLOOK

The Company provides its expectations for organic revenue growth, Adjusted Operating Income growth (constant currency), Adjusted Earnings per Share growth (constant currency), and Net Debt to Covenant Adjusted EBITDA ("Leverage Ratio") on a non-GAAP basis, and does not provide a reconciliation of such forward-looking non-GAAP measures to GAAP due to the inherent difficulty in forecasting and quantifying certain amounts that are necessary for such reconciliations, including adjustments that could be made for the effect of currency translation. The fiscal 2026 outlook reflects management's current assumptions regarding numerous evolving factors that are difficult to accurately predict, including those discussed in the Risk Factors set forth in the Company's filings with the United States Securities and Exchange Commission.


Aramark continues to anticipate its full-year performance for fiscal 2026 as follows:




 






 






 






 





 

Fiscal 2026 Outlook








($ in millions, except Adjusted EPS and Leverage Ratio)






 






Fiscal 2025 Reference Point






 





 

$ Range1





 

 






Year-over-year Organic Growth2








 






 






 






 





 

 





 

 





 

 





 

 






 






 






 








Revenue






 






$18,180*






 





 

$19,550





 

—





 

$19,950





 

 






+7%






—






+9%








 






 






 






 





 

 





 

 





 

 





 

 






 






 






 








Adjusted Operating Income






 






$981






 





 

$1,100





 

—





 

$1,150





 

 






+12%






—






+17%








 






 






 






 





 

 





 

 





 

 





 

 






 






 






 








Adjusted EPS






 






$1.82






 





 

$2.18





 

—





 

$2.28





 

 






+20%






—






+25%








 






 






 






 





 

 





 

 





 

 





 

 






 






 






 








Leverage Ratio






 






3.25x






 





 

Under 3x





 

 






 






 






 








Adjusted EPS does not include the benefit from share repurchases





 

 






 






 






 








1Revenue $ Range includes ~$100 million of expected favorability from foreign currency translation








2Constant Currency





 

 






 






 






 








*For easier comparison purposes, fiscal 2025 Revenue is on a 52-week basis





 

 






 






 






 







“We’re well positioned for exceptional financial performance due to our growth mindset, operational discipline, and unwavering commitment to service,” Zillmer added. “Our efforts are centered on our ability to create a consistently strong and sustainable business focused on providing valued hospitality services to clients. We expect to build upon our growth momentum throughout this fiscal year and beyond. I’m extremely excited about what’s to come.”


CONFERENCE CALL SCHEDULED

The Company has scheduled a conference call at 8:30 a.m. ET today to discuss its earnings and outlook. This call and related materials can be heard and reviewed, either live or on a delayed basis, on the Company's website, www.aramark.com, on the investor relations page.


About Aramark

Aramark (NYSE: ARMK) proudly serves the world’s leading educational institutions, Fortune 500 companies, world champion sports teams, prominent healthcare providers, iconic destinations and cultural attractions, and numerous municipalities in 16 countries around the world with food and facilities management. Because of our hospitality culture, our employees strive to do great things for each other, our partners, our communities, and the planet. Learn more at www.aramark.com and connect with us on LinkedIn, Facebook, X, and Instagram.


Selected Operational and Financial Metrics


Adjusted Revenue (Organic)

Adjusted Revenue (Organic) represents revenue adjusted to eliminate the impact of currency translation.


Adjusted Operating Income

Adjusted Operating Income represents operating income adjusted to eliminate the impact of amortization of acquisition-related intangible assets and other items impacting comparability.


Adjusted Operating Income (Constant Currency)

Adjusted Operating Income (Constant Currency) represents Adjusted Operating Income adjusted to eliminate the impact of currency translation.


Adjusted Net Income

Adjusted Net Income represents net income attributable to Aramark stockholders adjusted to eliminate the impact of amortization of acquisition-related intangible assets; the effect of debt repayments and refinancings on interest expense, net, and other items impacting comparability, less the tax impact of these adjustments. The tax effect for Adjusted Net Income for our United States earnings is calculated using a blended United States federal and state tax rate. The tax effect for Adjusted Net Income in jurisdictions outside the United States is calculated at the local country tax rate.


Adjusted Net Income (Constant Currency)

Adjusted Net Income (Constant Currency) represents Adjusted Net Income adjusted to eliminate the impact of currency translation.


Adjusted EPS

Adjusted EPS represents Adjusted Net Income divided by diluted weighted average shares outstanding.


Adjusted EPS (Constant Currency)

Adjusted EPS (Constant Currency) represents Adjusted EPS adjusted to eliminate the impact of currency translation.


Covenant Adjusted EBITDA

Covenant Adjusted EBITDA represents net income attributable to Aramark stockholders adjusted for interest expense, net; provision for income taxes; depreciation and amortization and certain other items as defined in our debt agreements required in calculating covenant ratios and debt compliance. We also use Net Debt for our ratio to Covenant Adjusted EBITDA, which is calculated as total long-term borrowings less cash and cash equivalents and short-term marketable securities.


Free Cash Flow

Free Cash Flow represents net cash used in operating activities less net purchases of property and equipment and other. Management believes that the presentation of free cash flow provides useful information to investors because it represents a measure of cash flow available for distribution among all the security holders of the Company.


Net New Business

Net New Business is an internal statistical metric used to evaluate our new sales and retention performance. The calculation is defined as the annualized value of gross new business less the annualized value of lost business.


We use Adjusted Revenue (Organic), Adjusted Operating Income (including on a constant currency basis), Adjusted Net Income (including on a constant currency basis), Adjusted EPS (including on a constant currency basis), Covenant Adjusted EBITDA and Free Cash Flow as supplemental measures of our operating profitability and to control our cash operating costs. We believe these financial measures are useful to investors because they enable better comparisons of our historical results and allow our investors to evaluate our performance based on the same metrics that we use to evaluate our performance and trends in our results. These financial metrics are not measurements of financial performance under generally accepted accounting principles, or GAAP. Our presentation of these metrics has limitations as an analytical tool and should not be considered in isolation or as a substitute for analysis of our results as reported under GAAP. You should not consider these measures as alternatives to revenue, operating income, net income, earnings per share or net cash used in operating activities, determined in accordance with GAAP. Adjusted Revenue (Organic), Adjusted Operating Income, Adjusted Net Income, Adjusted EPS, Covenant Adjusted EBITDA and Free Cash Flow as presented by us may not be comparable to other similarly titled measures of other companies because not all companies use identical calculations.


Explanatory Notes to the Non-GAAP Schedules


Amortization of Acquisition-Related Intangible Assets - adjustments to eliminate the impact of amortization expense recognized on acquisition-related intangible assets.


Gains, Losses and Settlements impacting comparability - adjustments to eliminate certain transactions that are not indicative of the Company's ongoing operational performance, primarily for non-cash charges for the impairment of certain assets related to a business held-for-sale ($6.1 million for the first quarter of 2026), multiemployer pension plan withdrawal charge ($5.6 million for the first quarter of 2026), legal charges related to an antitrust review ($1.3 million for the first quarter of 2026), charges related to hyperinflation in Argentina ($0.5 million for the first quarter of 2026 and $0.7 million for the first quarter of 2025) and a charge for contingent consideration liabilities related to acquisition earn outs ($11.1 million for the first quarter of 2025).


Effect of Debt Repayments and Refinancings on Interest Expense, net - adjustments to eliminate expenses associated with the refinancings by the Company in the applicable period such as payment of third party costs ($0.7 million for the first quarter of 2026) and non-cash charges for the write-off of unamortized debt issuance costs and discounts ($0.4 million for the first quarter of 2026).


Tax Impact of Adjustments to Adjusted Net Income - adjustments to eliminate the net tax impact of the adjustments to Adjusted Net Income calculated based on a blended United States federal and state tax rate for United States adjustments and the local country tax rate for adjustments in jurisdictions outside the United States. Additionally, the adjustment reverses the valuation allowance recorded based on the Company's ability to utilize foreign tax credits ($3.4 million for the first quarter of 2026).


Effect of Currency Translation - adjustments to eliminate the impact that fluctuations in currency translation rates had on the comparative results by presenting the periods on a constant currency basis. Assumes constant foreign currency exchange rates based on the rates in effect for the prior year period being used in translation for the comparable current year period.


Forward-Looking Statements


This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements reflect our current expectations as to future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. These statements include, but are not limited to, statements under the heading "Business Update," "Outlook," and those related to our expectations regarding the performance of our business, our financial results, our operations, our liquidity and capital resources, the conditions in our industry and our growth strategy. In some cases, forward-looking statements can be identified by words such as "outlook," "aim," "anticipate," "have confidence," "estimate," "expect," "will be," "will continue," "will likely result," "project," "intend," "plan," "believe," "see," "look to" and other words and terms of similar meaning or the negative versions of such words. These forward-looking statements are subject to risks and uncertainties that may change at any time, and actual results or outcomes may differ materially from those that we expected.


Some of the factors that we believe could affect or continue to affect our results include without limitation: unfavorable economic conditions; natural disasters, global calamities, climate change, pandemics, energy shortages, sports strikes and other adverse incidents; geopolitical events including ongoing tensions in the Middle East, global supply chain disruptions, inflation, volatility and disruption of global financial markets; the impact of the United States' and other countries’ trade policies including the implementation of tariffs; the failure to retain current clients, renew existing client contracts and obtain new client contracts; a determination by clients to reduce their outsourcing or use of preferred vendors; competition in our industries; increased operating costs and obstacles to cost recovery due to the pricing and cancellation terms of our food and support services contracts; currency risks and other risks associated with international operations, including compliance with a broad range of laws and regulations, including the United States Foreign Corrupt Practices Act; risks associated with suppliers from whom our products are sourced; disruptions to our relationship with our distribution partners; the contract intensive nature of our business, which may lead to client disputes; the inability to hire and retain key or sufficiently qualified personnel or increases in labor costs; our expansion strategy and our ability to successfully integrate the businesses we acquire and costs and timing related thereto; continued or further unionization of our workforce; liability resulting from our participation in multiemployer defined benefit pension plans; laws and governmental regulations including those relating to food and beverages, the environment, wage and hour and government contracting; liability associated with noncompliance with applicable law or other governmental regulations; new interpretations of or changes in the enforcement of the government regulatory framework; increases or changes in income tax rates or tax-related laws; potential liabilities, increased costs, reputational harm, and other adverse effects based on our commitments and stakeholder expectations relating to environmental, social and governance considerations; the failure to maintain food safety throughout our supply chain, food-borne illness concerns and claims of illness or injury; a cybersecurity incident or other disruptions in the availability of our computer systems or privacy breaches; the use of artificial intelligence technologies within our business processes; our leverage; variable rate indebtedness that subjects us to interest rate risk; the inability to generate sufficient cash to service all of our indebtedness; debt agreements that limit our flexibility in operating our business; risks associated with the completed spin-off of Aramark Uniform and Career Apparel as an independent publicly traded company to our stockholders; and other factors set forth under the headings "Part I, Item 1A Risk Factors," "Part I, Item 3 Legal Proceedings" and "Part II, Item 7 Management's Discussion and Analysis of Financial Condition and Results of Operations" and other sections of our Annual Report on Form 10-K, filed with the Securities and Exchange Commission (the "SEC") on November 25, 2025 as such factors may be updated from time to time in our other periodic filings with the SEC, which are accessible on the SEC's website at www.sec.gov and which may be obtained by contacting Aramark's investor relations department via its website at www.aramark.com. These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included herein and in our other filings with the SEC. As a result of these risks and uncertainties, readers are cautioned not to place undue reliance on any forward-looking statements included herein or that may be made elsewhere from time to time by, or on behalf of, us. Forward-looking statements speak only as of the date made. We undertake no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments, changes in our expectations, or otherwise, except as required by law.




ARAMARK AND SUBSIDIARIES








CONDENSED CONSOLIDATED STATEMENTS OF INCOME








(Unaudited)








(In Thousands, Except Per Share Amounts)









 



 






 






Three Months Ended








 






 






January 2, 2026






 






December 27, 2024








Revenue






 






$






4,831,549






 






$






4,552,086








Costs and Expenses:






 






 






 






 








Cost of services provided (exclusive of depreciation and amortization)






 






 






4,415,373






 






 






4,151,232








Depreciation and amortization






 






 






125,954






 






 






113,204








Selling and general corporate expenses






 






 






72,673






 






 






70,386








Total costs and expenses






 






 






4,614,000






 






 






4,334,822








Operating income






 






 






217,549






 






 






217,264








Interest Expense, net






 






 






81,919






 






 






75,804








Income Before Income Taxes






 






 






135,630






 






 






141,460








Provision for Income Taxes






 






 






39,129






 






 






35,757








Net income






 






 






96,501






 






 






105,703








Less: Net income attributable to noncontrolling interests






 






 






340






 






 






84








Net income attributable to Aramark stockholders






 






$






96,161






 






$






105,619








 






 






 






 






 








Earnings per share attributable to Aramark stockholders:






 






 






 






 








Basic






 






$






0.37






 






$






0.40








Diluted






 






$






0.36






 






$






0.39








Weighted Average Shares Outstanding:






 






 






 






 








Basic






 






 






263,127






 






 






264,882








Diluted






 






 






266,345






 






 






268,690








 






 






 






 






 









ARAMARK AND SUBSIDIARIES








CONDENSED CONSOLIDATED BALANCE SHEETS








(Unaudited)








(In Thousands)








 






 






 






 






 








 






 






January 2, 2026






 






October 3, 2025








Assets






 






 






 






 








 






 






 






 






 








Current Assets:






 






 






 






 








Cash and cash equivalents






 






$






439,633






 






$






639,095








Receivables






 






 






2,496,066






 






 






2,210,388








Inventories






 






 






414,614






 






 






418,766








Prepayments and other current assets






 






 






283,333






 






 






254,642








Total current assets






 






 






3,633,646






 






 






3,522,891








Property and Equipment, net






 






 






1,773,155






 






 






1,734,489








Goodwill






 






 






4,894,475






 






 






4,874,670








Other Intangible Assets






 






 






1,875,839






 






 






1,874,067








Operating Lease Right-of-use Assets






 






 






791,691






 






 






701,839








Other Assets






 






 






574,109






 






 






596,673








 






 






$






13,542,915






 






$






13,304,629








 






 






 






 






 








Liabilities and Stockholders' Equity






 






 






 






 








 






 






 






 






 








Current Liabilities:






 






 






 






 








Current maturities of long-term borrowings






 






$






36,244






 






$






31,543








Current operating lease liabilities






 






 






62,603






 






 






60,744








Accounts payable






 






 






1,279,942






 






 






1,522,747








Accrued expenses and other current liabilities






 






 






1,476,799






 






 






1,931,688








Total current liabilities






 






 






2,855,588






 






 






3,546,722








Long-Term Borrowings






 






 






6,210,899






 






 






5,374,394








Noncurrent Operating Lease Liabilities






 






 






262,639






 






 






255,305








Deferred Income Taxes and Other Noncurrent Liabilities






 






 






979,881






 






 






966,019








Redeemable Noncontrolling Interests






 






 






25,799






 






 






14,130








Total Stockholders' Equity






 






 






3,208,109






 






 






3,148,059








 






 






$






13,542,915






 






$






13,304,629








 






 






 






 






 









ARAMARK AND SUBSIDIARIES








CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS








(Unaudited)








(In Thousands)








 






 






 






 






 








 






 






 






 






 








 






 






Three Months Ended








 






 






January 2, 2026






 






December 27, 2024








Cash flows from operating activities:






 






 






 






 








Net income






 






$






96,501






 






 






$






105,703






 








Adjustments to reconcile Net income to Net cash used in operating activities:






 






 






 






 








Depreciation and amortization






 






 






125,954






 






 






 






113,204






 








Asset write-downs






 






 






6,058






 






 






 






—






 








Increase in contingent consideration liability






 






 






—






 






 






 






11,127






 








Deferred income taxes






 






 






22,869






 






 






 






9,456






 








Share-based compensation expense






 






 






16,316






 






 






 






14,848






 








Changes in operating assets and liabilities






 






 






(960,712






)






 






 






(801,426






)








Payments made to clients on contracts






 






 






(101,408






)






 






 






(61,032






)








Other operating activities






 






 






12,222






 






 






 






20,968






 








Net cash used in operating activities






 






 






(782,200






)






 






 






(587,152






)








Cash flows from investing activities:






 






 






 






 








Net purchases of property and equipment and other






 






 






(120,033






)






 






 






(117,788






)








Acquisitions, divestitures and other investing activities






 






 






(33,687






)






 






 






(113,051






)








Net cash used in investing activities






 






 






(153,720






)






 






 






(230,839






)








Cash flows from financing activities:






 






 






 






 








Net proceeds/payments of long-term borrowings






 






 






207,823






 






 






 






170,012






 








Net change in funding under the Receivables Facility






 






 






625,000






 






 






 






525,000






 








Payments of dividends






 






 






(31,537






)






 






 






(27,860






)








Proceeds from issuance of common stock






 






 






3,196






 






 






 






11,977






 








Repurchase of common stock






 






 






(41,262






)






 






 






(28,576






)








Payments for contingent considerations






 






 






(27,072






)






 






 






(1,202






)








Other financing activities






 






 






(452






)






 






 






(6,653






)








Net cash provided by financing activities






 






 






735,696






 






 






 






642,698






 








Effect of foreign exchange rates on cash and cash equivalents and restricted cash






 






 






1,422






 






 






 






(18,960






)








Decrease in cash and cash equivalents and restricted cash






 






 






(198,802






)






 






 






(194,253






)








Cash and cash equivalents and restricted cash, beginning of period






 






 






707,144






 






 






 






732,613






 








Cash and cash equivalents and restricted cash, end of period






 






$






508,342






 






 






$






538,360






 









Balance Sheet classification







January 2, 2026






 






December 27, 2024








Cash and cash equivalents







$






439,633







 






$






484,149









Restricted cash in Prepayments and other current assets







 






68,709







 






 






54,211









Total cash and cash equivalents and restricted cash







$






508,342







 






$






538,360










ARAMARK AND SUBSIDIARIES








RECONCILIATION OF NON-GAAP MEASURES








ADJUSTED CONSOLIDATED OPERATING INCOME MARGIN








(Unaudited)








(In thousands)








 






 






 






 






 






 






 






 






 








 






 






Three Months Ended








 






 






January 2, 2026








 






 






FSS United States






 






FSS International






 






Corporate






 






Aramark and Subsidiaries








Revenue (as reported)






 






$






3,362,106






 






 






$






1,469,443






 






 






 






 






$






4,831,549






 








Operating Income (as reported)






 






$






188,748






 






 






$






59,790






 






 






$






(30,989






)






 






$






217,549






 








Operating Income Margin (as reported)






 






 






5.6






%






 






 






4.1






%






 






 






 






 






4.5






%








 






 






 






 






 






 






 






 






 








Revenue (as reported)






 






$






3,362,106






 






 






$






1,469,443






 






 






 






 






$






4,831,549






 








Effect of Currency Translation






 






 






(72






)






 






 






(51,303






)






 






 






 






 






(51,375






)








Adjusted Revenue (Organic)






 






$






3,362,034






 






 






$






1,418,140






 






 






 






 






$






4,780,174






 








Revenue Growth (as reported)






 






 






1.9






%






 






 






17.5






%






 






 






 






 






6.1






%








Adjusted Revenue Growth (Organic)






 






 






1.8






%






 






 






13.4






%






 






 






 






 






5.0






%








 






 






 






 






 






 






 






 






 








Operating Income (as reported)






 






$






188,748






 






 






$






59,790






 






 






$






(30,989






)






 






$






217,549






 








Amortization of Acquisition-Related Intangible Assets






 






 






25,162






 






 






 






6,839






 






 






 






—






 






 






 






32,001






 








Gains, Losses and Settlements impacting comparability






 






 






11,608






 






 






 






1,831






 






 






 






—






 






 






 






13,439






 








Adjusted Operating Income






 






$






225,518






 






 






$






68,460






 






 






$






(30,989






)






 






$






262,989






 








Effect of Currency Translation






 






 






3






 






 






 






(2,128






)






 






 






—






 






 






 






(2,125






)








Adjusted Operating Income (Constant Currency)






 






$






225,521






 






 






$






66,332






 






 






$






(30,989






)






 






$






260,864






 








 






 






 






 






 






 






 






 






 








Operating Income Growth (as reported)






 






 






(2.6






)%






 






 






11.4






%






 






 






(2.8






)%






 






 






0.1






%








Adjusted Operating Income Growth






 






 






(1.4






)%






 






 






16.0






%






 






 






(2.8






)%






 






 






2.1






%








Adjusted Operating Income Growth (Constant Currency)






 






 






(1.4






)%






 






 






12.4






%






 






 






(2.8






)%






 






 






1.3






%








Adjusted Operating Income Margin






 






 






6.7






%






 






 






4.7






%






 






 






 






 






5.4






%








Adjusted Operating Income Margin (Constant Currency)






 






 






6.7






%






 






 






4.7






%






 






 






 






 






5.5






%








 






 






 






 






 






 






 






 






 








 






 






Three Months Ended








 






 






December 27, 2024








 






 






FSS United States






 






FSS International






 






Corporate






 






Aramark and Subsidiaries








Revenue (as reported)






 






$






3,301,016






 






 






$






1,251,070






 






 






 






 






$






4,552,086






 








 






 






 






 






 






 






 






 






 








Operating Income (as reported)






 






$






193,719






 






 






$






53,685






 






 






$






(30,140






)






 






$






217,264






 








Amortization of Acquisition-Related Intangible Assets






 






 






23,859






 






 






 






4,625






 






 






 






—






 






 






 






28,484






 








Gains, Losses and Settlements impacting comparability






 






 






11,127






 






 






 






693






 






 






 






—






 






 






 






11,820






 








Adjusted Operating Income






 






$






228,705






 






 






$






59,003






 






 






$






(30,140






)






 






$






257,568






 








 






 






 






 






 






 






 






 






 








Operating Income Margin (as reported)






 






 






5.9






%






 






 






4.3






%






 






 






 






 






4.8






%








Adjusted Operating Income Margin






 






 






6.9






%






 






 






4.7






%






 






 






 






 






5.7






%








 






 






 






 






 






 






 






 






 









ARAMARK AND SUBSIDIARIES








RECONCILIATION OF NON-GAAP MEASURES








ADJUSTED NET INCOME & ADJUSTED EARNINGS PER SHARE








(Unaudited)








(In thousands, except per share amounts)








 






 






 






 






 






 








 






 






 






Three Months Ended








 






 






 






January 2, 2026






 






December 27, 2024








Net Income Attributable to Aramark Stockholders (as reported)






 






$






96,161






 






 






$






105,619






 








 






Adjustment:






 






 






 






 








 






Amortization of Acquisition-Related Intangible Assets






 






 






32,001






 






 






 






28,484






 








 






Gains, Losses and Settlements impacting comparability






 






 






13,439






 






 






 






11,820






 








 






Effect of Debt Repricing on Interest Expense, net






 






 






1,121






 






 






 






—






 








 






Tax Impact of Adjustments to Adjusted Net Income






 






 






(7,168






)






 






 






(8,989






)








Adjusted Net Income






 






$






135,554






 






 






$






136,934






 








 






Effect of Currency Translation, net of Tax






 






 






(871






)






 






 






—






 








Adjusted Net Income (Constant Currency)






 






$






134,683






 






 






$






136,934






 








 






 






 






 






 






 








Earnings Per Share (as reported)






 






 






 






 








 






Net Income Attributable to Aramark Stockholders (as reported)






 






$






96,161






 






 






$






105,619






 








 






Diluted Weighted Average Shares Outstanding






 






 






266,345






 






 






 






268,690






 








 






 






 






$






0.36






 






 






$






0.39






 








 






Earnings Per Share Growth (as reported) %






 






 






(8.2






)%






 






 








 






 






 






 






 






 








Adjusted Earnings Per Share






 






 






 






 








 






Adjusted Net Income






 






$






135,554






 






 






$






136,934






 








 






Diluted Weighted Average Shares Outstanding






 






 






266,345






 






 






 






268,690






 








 






 






 






$






0.51






 






 






$






0.51






 








 






Adjusted Earnings Per Share Growth %






 






 






—






%






 






 








 






 






 






 






 






 








Adjusted Earnings Per Share (Constant Currency)






 






 






 






 








 






Adjusted Net Income (Constant Currency)






 






$






134,683






 






 






$






136,934






 








 






Diluted Weighted Average Shares Outstanding






 






 






266,345






 






 






 






268,690






 








 






 






 






$






0.51






 






 






$






0.51






 








 






Adjusted Earnings Per Share Growth (Constant Currency) %






 






 






—






%






 






 









ARAMARK AND SUBSIDIARIES








RECONCILIATION OF NON-GAAP MEASURES








NET DEBT TO COVENANT ADJUSTED EBITDA








(Unaudited)








(In thousands)








 






 






 






 






 






 








 






 






 






Twelve Months Ended








 






 






 






January 2, 2026






 






December 27, 2024








Net Income Attributable to Aramark Stockholders (as reported)






 






$






316,936






 






$






339,605






 








 






Interest Expense, net






 






 






348,040






 






 






327,958






 








 






Provision for Income Taxes






 






 






106,958






 






 






114,858






 








 






Depreciation and Amortization






 






 






489,095






 






 






443,207






 








 






Share-based compensation expense(1)






 






 






59,936






 






 






63,746






 








 






Unusual or non-recurring losses and (gains)(2)






 






 






25,523






 






 






(22,752






)








 






Pro forma EBITDA for certain transactions(3)






 






 






12,688






 






 






5,151






 








 






Other(4)(5)






 






 






122,788






 






 






92,870






 








Covenant Adjusted EBITDA






 






$






1,481,964






 






$






1,364,643






 








 






 






 






 






 








Net Debt to Covenant Adjusted EBITDA






 






 






 






 








 






Total Long-Term Borrowings






 






$






6,247,143






 






$






5,919,786






 








 






Less: Cash and cash equivalents and short-term marketable securities(6)






 






 






439,633






 






 






526,953






 








 






Net Debt






 






$






5,807,510






 






$






5,392,833






 








 






Covenant Adjusted EBITDA






 






$






1,481,964






 






$






1,364,643






 








 






Net Debt/Covenant Adjusted EBITDA






 






 






3.9






 






 






4.0






 








 






 






 






 






 








(1) Represents share-based compensation expense of equity awards resulting from the application of accounting for stock options, restricted stock units, performance stock units and deferred stock unit awards.








(2) The twelve months ended January 2, 2026 represents a fiscal 2025 non-cash charge for the impairment on an equity investment ($19.5 million) and a fiscal 2026 non-cash charge for the impairment of certain assets related to a business held-for-sale ($6.1 million). The twelve months ended December 27, 2024 represents a fiscal 2024 gain from the sale of the Company's remaining equity investment in the San Antonio Spurs NBA franchise ($25.1 million) and a fiscal 2024 non-cash charge for the impairment of certain assets related to a business that was sold ($2.3 million).








(3) Represents the annualizing of net EBITDA from certain acquisitions and divestitures made during the period.








(4) "Other" for the twelve months ended January 2, 2026 includes adjustments to remove the impact attributable to the adoption of certain accounting standards that are made to the calculation in accordance with the Credit Agreement and indentures ($54.7 million), severance charges ($36.4 million), non-cash charges for the impairments of assets ($8.9 million), the impact of hyperinflation in Argentina ($5.6 million), multiemployer pension plan withdrawal charge ($5.6 million), merger and integration charges ($4.1 million), legal charges related to an antitrust review ($3.8 million) and other miscellaneous expenses.








(5) "Other" for the twelve months ended December 27, 2024 includes adjustments to remove the impact attributable to the adoption of certain accounting standards that are made to the calculation in accordance with the Credit Agreement and indentures ($52.3 million), non-cash adjustments to inventory based on expected usage ($18.2 million), charges related to a ruling on a foreign tax matter ($6.8 million), severance charges ($6.7 million), non-cash charges related to the impairment of a trade name ($3.3 million), contingent consideration expense related to acquisition earn outs, net of reversals ($2.4 million), the impact of hyperinflation in Argentina ($2.2 million), income related to non-United States governmental wage subsidies ($1.1 million) and other miscellaneous expenses.








(6) Short-term marketable securities represent held-to-maturity debt securities with original maturities greater than three months, which are maturing within one year and will convert back to cash. Short-term marketable securities are included in "Prepayments and other current assets" on the Condensed Consolidated Balance Sheets.









ARAMARK AND SUBSIDIARIES








RECONCILIATION OF NON-GAAP MEASURES








FREE CASH FLOW








(Unaudited)








(In thousands)








 






 








 






Three Months Ended








 






January 2, 2026








Net cash used in operating activities






$






(782,200






)








 






 








Net purchases of property and equipment and other






 






(120,033






)








 






 








Free Cash Flow






$






(902,233






)








 






 








 






Three Months Ended








 






December 27, 2024








Net cash used in operating activities






$






(587,152






)








 






 








Net purchases of property and equipment and other






 






(117,788






)








 






 








Free Cash Flow






$






(704,940






)








 






 








 






Three Months Ended








 






Change








Net cash used in operating activities






$






(195,048






)








 






 








Net purchases of property and equipment and other






 






(2,245






)








 






 








Free Cash Flow






$






(197,293






)









ARAMARK AND SUBSIDIARIES








RECONCILIATION OF NON-GAAP MEASURES








ORGANIC REVENUE AND ADJUSTED OPERATING INCOME GROWTH WITHOUT THE CALENDAR SHIFT








(Unaudited)








(In thousands)








 






 






 






 






 








 






 






Three Months Ended








 






 






January 2, 2026








 






 






FSS United States






 






Aramark and Subsidiaries








Revenue (as reported)






 






$






3,362,106






 






 






$






4,831,549






 








Effect of Currency Translation






 






 






(72






)






 






 






(51,375






)








Adjusted Revenue (Organic)






 






$






3,362,034






 






 






$






4,780,174






 








Estimated Impact of Calendar Shift






 






 






114,245






 






 






 






123,245






 








Adjusted Revenue (Organic), without the calendar shift






 






$






3,476,279






 






 






$






4,903,419






 








Revenue Growth (as reported)






 






 






1.9






%






 






 






6.1






%








Adjusted Revenue Growth (Organic)






 






 






1.8






%






 






 






5.0






%








Adjusted Revenue Growth (Organic), without the calendar shift






 






 






5.3






%






 






 






7.7






%








 






 






 






 






 








Operating Income (as reported)






 






$






188,748






 






 






$






217,549






 








Amortization of Acquisition-Related Intangible Assets






 






 






25,162






 






 






 






32,001






 








Gains, Losses and Settlements impacting comparability






 






 






11,608






 






 






 






13,439






 








Adjusted Operating Income






 






$






225,518






 






 






$






262,989






 








Effect of Currency Translation






 






 






3






 






 






 






(2,125






)








Adjusted Operating Income (Constant Currency)






 






$






225,521






 






 






$






260,864






 








Estimated Impact of Calendar Shift






 






 






23,600






 






 






 






24,500






 








Adjusted Operating Income (Constant Currency), without the calendar shift






 






$






249,121






 






 






$






285,364






 








 






 






 






 






 








Operating Income Growth (as reported)






 






 






(2.6






)%






 






 






0.1






%








Adjusted Operating Income Growth (Constant Currency)






 






 






(1.4






)%






 






 






1.3






%








Adjusted Operating Income Growth (Constant Currency), without the calendar shift






 






 






8.9






%






 






 






10.8






%








 






 






 






 






 








 






 






Three Months Ended








 






 






December 27, 2024








 






 






FSS United States






 






Aramark and Subsidiaries








Revenue (as reported)






 






$






3,301,016






 






 






$






4,552,086






 








 






 






 






 






 








Operating Income (as reported)






 






$






193,719






 






 






$






217,264






 








Amortization of Acquisition-Related Intangible Assets






 






 






23,859






 






 






 






28,484






 








Gains, Losses and Settlements impacting comparability






 






 






11,127






 






 






 






11,820






 








Adjusted Operating Income






 






$






228,705






 






 






$






257,568






 








 






 






 






 






 








*FSS International results were largely unaffected by the calendar shift from the 53rd week in the prior year









ARAMARK AND SUBSIDIARIES








RECONCILIATION OF NON-GAAP MEASURES








ADJUSTED NET INCOME & ADJUSTED EARNINGS PER SHARE WITHOUT THE CALENDAR SHIFT








(Unaudited)








(In thousands, except per share amounts)








 






 






 






 






 






 








 






 






 






Three Months Ended








 






 






 






January 2, 2026






 






December 27, 2024








Net Income Attributable to Aramark Stockholders (as reported)






 






$






96,161






 






 






$






105,619






 








 






Adjustment:






 






 






 






 








 






Amortization of Acquisition-Related Intangible Assets






 






 






32,001






 






 






 






28,484






 








 






Gains, Losses and Settlements impacting comparability






 






 






13,439






 






 






 






11,820






 








 






Effect of Debt Repricing on Interest Expense, net






 






 






1,121






 






 






 






—






 








 






Tax Impact of Adjustments to Adjusted Net Income






 






 






(7,168






)






 






 






(8,989






)








Adjusted Net Income






 






$






135,554






 






 






$






136,934






 








 






Effect of Currency Translation, net of Tax






 






 






(871






)






 






 






—






 








Adjusted Net Income (Constant Currency)






 






$






134,683






 






 






$






136,934






 








 






Estimated Effect of Calendar Shift, net of Tax






 






 






18,302






 






 






 






—






 








Adjusted Net Income (Constant Currency), without the calendar shift






 






$






152,985






 






 






$






136,934






 








 






 






 






 






 






 








Earnings Per Share (as reported)






 






 






 






 








 






Net Income Attributable to Aramark Stockholders (as reported)






 






$






96,161






 






 






$






105,619






 








 






Diluted Weighted Average Shares Outstanding






 






 






266,345






 






 






 






268,690






 








 






 






 






$






0.36






 






 






$






0.39






 








 






Earnings Per Share Growth (as reported) %






 






 






(8.2






)%






 






 








 






 






 






 






 






 








Adjusted Earnings Per Share (Constant Currency)






 






 






 






 








 






Adjusted Net Income (Constant Currency)






 






$






134,683






 






 






$






136,934






 








 






Diluted Weighted Average Shares Outstanding






 






 






266,345






 






 






 






268,690






 








 






 






 






$






0.51






 






 






$






0.51






 








 






Adjusted Earnings Per Share Growth (Constant Currency) %






 






 






—






%






 






 








 






 






 






 






 






 








Adjusted Earnings Per Share (Constant Currency), without the calendar shift






 






 






 






 








 






Adjusted Net Income (Constant Currency), without the calendar shift






 






$






152,985






 






 






$






136,934






 








 






Diluted Weighted Average Shares Outstanding






 






 






266,345






 






 






 






268,690






 








 






 






 






$






0.57






 






 






$






0.51






 








 






Adjusted Earnings Per Share Growth (Constant Currency) %, without the calendar shift






 






 






12.7






%






 






 







 

View source version on businesswire.com: https://www.businesswire.com/news/home/20260209368672/en/
Inquiries:



Felise Glantz Kissell

(215) 409-7287

Kissell-Felise@aramark.com
Gene Cleary

(215) 409-7945

Cleary-Gene@aramark.com


Original: Aramark Reports First Quarter Earnings