Aramark (NYSE:ARMK) Files An 8-K Results of Operations and Financial ConditionItem 2.02.
Results of Operations
On November14, 2017, Aramark (the “Company”) issued a press release announcing the results of the Company’s operations for the quarter and fiscal year ended September29, 2017. The full text of the press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference in this Item 2.02.
The information set forth under this Item 2.02 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing made by the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01. |
Financial Statements and Exhibits |
Aramark ExhibitEX-99.1 2 ex991armkq4fy2017.htm EXHIBIT 99.1 Exhibit For Immediate ReleaseContact: Media Inquiries: Karen Cutler (215) 238-4063 [email protected] Investor Inquiries: Kate Pearlman (215) 409-7287 [email protected] Aramark Reports Fourth Quarter and Full Year 2017 Earnings FISCAL 2017 KEY HIGHLIGHTSSales +1%; Organic Sales +2% Operating Income +8%; Adjusted Operating Income (AOI) +2%1 EPS +28% to $1.49; Adjusted EPS +14%1 to $1.94 Operating Income Margin up 35 bps to 5.5%; AOI Margin up 5 bps to 6.6%1 Record Full-Year Free Cash FlowAchievement of 3.5x Leverage RatioBoard Increases Quarterly DividendPhiladelphia,…To view the full exhibit click here
About Aramark (NYSE:ARMK)
Aramark is a global provider of food, facilities and uniform services to education, healthcare, business and industry, and sports, leisure and corrections clients. The Company operates through three segments: Food and Support Services North America (FSS North America), Food and Support Services International (FSS International), and Uniform and Career Apparel (Uniform). FSS North America and FSS International segments include food, refreshment, specialized dietary and support services, including facility maintenance and housekeeping, provided to business, educational and healthcare institutions and in sports, leisure and other facilities. The Uniform segment includes rental, sale, cleaning, maintenance and delivery of personalized uniforms and other textile items to clients in a range of industries in the United States, Puerto Rico, Japan and Canada, including manufacturing, transportation, construction, restaurants and hotels, healthcare and pharmaceutical industries.