Articles from Aramark

Aramark (NYSEARMK) today reported first quarter fiscal 2025 results.

Aramark’s (NYSEARMK) Board of Directors approved a quarterly dividend of 10.5 cents per share of common stock payable on February 24, 2025 to stockholders of record at the close of business on February 10, 2025.

Aramark (NYSEARMK), a global leader in food and facilities management, announced that it will host a conference call to review its first quarter fiscal 2025 results on Tuesday, February 4, 2025 at 8:30 a.m. ET. A news release containing the results will be issued before the call.

Aramark (NYSEARMK), a global leader in food and facilities management, announced today that Avendra International acquired the Quantum Cost Consultancy Group. The acquisition further enhances the company’s position as a leading global professional procurement and supply chain services provider, to a wide range of clients including hotels, hospitality and leisure resorts, healthcare, and educational institutions worldwide.

Aramark (NYSEARMK), a global leader in food and facilities management, announced that the Company’s Chief Executive Officer, John Zillmer, will participate in the Redburn Atlantic CEO Conference on Tuesday, December 3, 2024, with a featured Fireside Chat session beginning at 7:00 a.m. EST, 12:00 p.m. GMT.

Aramark (NYSEARMK) today reported results for the full year of fiscal 2024.

Aramark, (NYSEARMK), a global leader in food and facilities services, is proud to announce a new partnership with Asbury Communities, a national leader in senior living. This collaboration will bring Aramark’s SeniorLIFE+ dining services to five of Asbury’s continuing care retirement communities, elevating life experiences through dining and hospitality services.

Aramark Healthcare+, a leader in healthcare dining, nutrition, and facilities services, has been honored by Modern Healthcare with the #2 spot on its prestigious 2024 Best Places to Work in Healthcare list.

Aramark (NYSEARMK), a global leader in food and facilities management, announced that it will host a conference call to review its fourth quarter and full year fiscal 2024 results on Monday, November 11, 2024 at 8:30 a.m. ET. A news release containing the results will be issued before the call.

Aramark, (NYSEARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections sectors, today announced several company leaders and programs were recognized with prestigious awards for environmental sustainability, diversity, equity, and inclusion (DEI) efforts, and building local communities.

Aramark (NYSEARMK), a global leader in food and facilities management, announced that the Company’s Chief Operating Officer, International, Carl Mittleman, and Chief Financial Officer, James Tarangelo, will participate in the Goldman Sachs Conference on Thursday, September 5, 2024, with a featured Fireside Chat session beginning at 8:55 a.m. ET.

As the fall 2024 semester opens, college students look for a seamless integration of their tech-driven society with their yearning for a simpler life—a nostalgia trend that is shaping how they interact with those around them. In response, Aramark (NYSEARMK) is meeting these students where they are this fall: Collegiate Hospitality blends high-tech efficiency with tangible, wellness focused programs to bridge these needs while also creating classic, in-person opportunities for a human touch.

Aramark (NYSEARMK) today reported third quarter fiscal 2024 results.

Aramark’s (NYSEARMK) Board of Directors approved a quarterly dividend of 9.5 cents per share of common stock payable on September 3, 2024 to stockholders of record at the close of business on August 19, 2024.

As the school year opens for Aramark (NYSEARMK), Student Nutrition is ready to power the potential of every student by serving up outstanding hospitality and culinary innovation throughout all the school districts it serves. This innovation has been fueled by the results of tens of thousands of student and caregiver surveys gathered this past spring.

Aramark, a global leader in food and facilities management, proudly announced its recognition as a “Best Place to Work for Disability Inclusion” by Disability:IN. This prestigious accolade is a testament to Aramark’s unwavering commitment to creating a welcoming and inclusive culture and recruiting and advancing a diverse workforce that includes people with disabilities.

Aramark (NYSEARMK), a global leader in food and facilities management, announced that it will host a conference call to review its third quarter fiscal 2024 results on Tuesday, August 6, 2024 at 8:30 a.m. ET. A news release containing the results will be issued before the call.

To improve efficiency and achieve superior cleaning results, Aramark, (NYSEARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections industries is partnering with Pringle Robotics, a developer of autonomous robotic solutions for facilities management, to install floor cleaning robots and operational software solutions at key customer facilities, it was announced today.

Aramark (NYSEARMK), a global leader in food and facilities management, announced that members of its executive management team are participating in the following upcoming investor conferences:

Aramark, a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections sectors, today announced it was ranked #29 on Fair360’s (formerly DiversityInc) 2024 Top 50 Companies list, up 11 spots from 2023. This is the eighth consecutive year Aramark appeared on the Top 50 list. For the first time, the company was also ranked on the Top Companies for Black Executives list, at #11.

Each fall, Aramark Collegiate Hospitality surveys students to reveal what they are looking for in their dining and hospitality experience on campus. Nearly 70,000 students—close to 70% of whom live on campus—responded to the Aramark Collegiate Hospitality National DiningStyles call for feedback. The 2023 data shows interesting and exciting shifts in what students look for, revealing a desire that aligns more with students of 20 years ago than a mere five years ago. Additionally, the survey found that holistic health and wellness are top of mind for students.

Aramark Healthcare+, a leader in healthcare dining, nutrition, and facilities services, has been selected by Modern Healthcare as one of the 2024 Best Places to Work in Healthcare. This award program identifies outstanding employers in the healthcare industry nationwide and was created to recognize those that continuously strive to improve their work environment and increase employee engagement, satisfaction, and retention through innovative changes in the workplace.

Aramark (NYSEARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections sectors, today announced it was named a 2024 honoree of The Civic 50 by Points of Light, the world’s largest nonprofit dedicated to accelerating people-powered change. The Civic 50 recognizes the top community-minded companies in the United States according to an annual survey.

Aramark Collegiate Hospitality and University of South Florida’s School of Hospitality and Tourism Management know that a strong educational foundation coupled with hands-on experience leads to post-graduation success. The first year of their partnership resulted in 100% job placement for the inaugural Fall 2022 and Spring 2023 classes.

To foster a collaborative learning environment with the goal of developing innovative ways to meet client and consumer needs, Aramark (NYSEARMK), a leading global provider of food and facilities services, hosted its first International Innovation Summit last month in Santiago, Chile. The summit involved 700 attendees representing Aramark’s international leaders from nine countries, global clients, and technology partners from Germany to Korea.

Aramark (NYSEARMK) today reported second quarter fiscal 2024 results.

For more than a decade, employees from Aramark (NYSEARMK), a leading global provider of food and facilities services, give back to their local communities by committing to a day of volunteering on the company’s global day of service, Aramark Building Community Day (ABC Day). This year is no different. Today, more than four thousand volunteers, in 13 countries, will participate in projects that address critical issues and positively impact communities by enabling hospitality industry employment opportunities, increasing access to healthy food, and encouraging environmental stewardship.

Aramark Refreshments (Aramark; NYSE: ARMK), a leading provider of office coffee, refreshments, and snack distribution services, will activate at The NAMA Show 2024 hosted by the National Automatic Merchandising Association from May 7– 9 in Dallas, TX and showcase its expertise in energizing workspaces with unique and flexible solutions within the innovative Imagination Way experience. The NAMA Show, the premier event for the convenience services industry, brings together all segments of the industry and provides a platform for networking, learning, and discovery.

Aramark’s (NYSEARMK) Board of Directors approved a quarterly dividend of 9.5 cents per share of common stock payable on May 28, 2024 to stockholders of record at the close of business on May 13, 2024.

Aramark (NYSEARMK), a global leader in food and facilities management, announced that it will host a conference call to review its second quarter fiscal 2024 results on Tuesday, May 7, 2024 at 8:30 a.m. ET. A news release containing the results will be issued before the call.

Aramark (NYSEARMK), a global leader in food and facilities management, announced today the successful completion of a favorable repricing of the Company’s 2028 Term Loan B of $730 million and 2030 Term Loan B of $1.1 billion. The new applicable rate for both Term Loans will be Secured Overnight Financing Rate (“SOFR”) plus 200 basis points, which reduces pricing by 50 basis points. Aramark’s proactive action is expected to result in an interest expense savings of approximately $10 million annually. There is no change to the Company’s outstanding debt, maturities, or covenants from the repricing.

Aramark, (NYSEARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections sectors, was recognized on DiversityComm, Inc.’s (DCI) annual list of the Best of the Best Top Supplier Diversity Programs for Women's Business Enterprises (WBEs).

Aramark (NYSEARMK), the largest U.S.-based food service provider, is pleased to announce 17 chefs from its Collegiate Hospitality group have graduated from the prestigious ProChef® certification program at The Culinary Institute of America (CIA). The graduating chefs drive Aramark’s culinary programs and create the menus served at colleges and universities across the United States.

Aramark (NYSEARMK), a global leader in food and facilities management, announced that the Company’s Chief Executive Officer, John Zillmer, and Chief Financial Officer, James Tarangelo, will participate in the BofA Securities Information and Business Services Conference on Thursday, March 14, 2024, with a featured Fireside Chat session beginning at 8:00 a.m. ET.

Aramark (NYSEARMK) today reported first quarter fiscal 2024 results.

Aramark’s (NYSEARMK) Board of Directors approved a quarterly dividend of 9.5 cents per share of common stock payable on February 28, 2024 to stockholders of record at the close of business on February 14, 2024.

Aramark (NYSEARMK), a leading global provider of food and facilities services, with operations spanning the education, healthcare, business and industry, sports, leisure, and corrections sectors, today published the 2023 Be Well. Do Well. Progress Report, which provides updates on its global responsible business practices and performance. In the report, Aramark shares progress on its environmental, social, and governance (ESG) efforts, including diversity, equity, and inclusion (DEI) commitments, and community building, climate, food and worker safety, responsible sourcing, and waste reduction programs, among other topics.

Aramark (NYSEARMK), a global leader in food and facilities management, announced that it will host a conference call to review its first quarter fiscal 2024 results on Tuesday, February 6, 2024 at 8:30 a.m. ET. A news release containing the results will be issued before the call.

Aramark (NYSEARMK), one of the largest employers of Registered Dietitians in the U.S., today announced a new program designed to remotely connect its highly skilled clinical dietitians with hospital patients through cloud-based technologies.

Aramark (NYSEARMK) today announced that Tom Ondrof, Chief Financial Officer, plans to retire from his current position on January 12, 2024, at which time he will serve as a Strategic Advisor through May 2024. Jim Tarangelo, Aramark’s Senior Vice President Finance & Treasurer, has been appointed to succeed Ondrof as Chief Financial Officer, effective January 13.

Aramark (NYSEARMK), a global leader in hospitality and facilities services, proudly announced it received a score of 100 on the Human Rights Campaign (HRC) Foundation’s 2023-2024 Corporate Equality Index (CEI), the premiere benchmarking tool for U.S. businesses in the evolving field of LGBTQ+ equality in the workplace. This is the ninth consecutive year Aramark has been recognized by the HRC.

Aramark Student Nutrition, a leader in providing food services to educational institutions, is excited to announce the launch of The ACE Show, a dynamic and engaging video series aimed at promoting health and nutrition education among elementary school students. Eating right isn’t just about physical health; it also plays a crucial role in student achievement.

Aramark (NYSEARMK) today reported fourth quarter and full year fiscal 2023 results.

Aramark (NYSEARMK), a global leader in food and facilities management, announced that the Company’s Chief Financial Officer, Tom Ondrof, will participate in the J.P. Morgan Ultimate Services Investor Conference on Thursday, November 16, 2023, with a featured Fireside Chat session beginning at 9:50 a.m. ET.

Aramark Collegiate Hospitality (ACH) has launched a performance-based dining platform designed to help student athletes excel on and off the field. Created with Division II and III athletes in mind, Eat to Excel™ provides an educational, menu and nutrition tracking solution on campuses that do not have dedicated training tables for student athletes.

Aramark (NYSEARMK), a global leader in food and facilities management, announced that it will host a conference call to review its fourth quarter and full-year fiscal 2023 results on Tuesday, November 14, 2023 at 8:30 a.m. ET. A news release containing the results will be issued before the call.

Aramark Sports + Entertainment (Aramark, NYSE: ARMK), the award-winning food and beverage provider at seven National Hockey League (NHL) and National Basketball Association (NBA) arenas, and its team of world-class culinarians are bringing fans a special gameday hospitality experience for the 2023-24 season. Guests can expect a wide range of new menu items and local partnerships, premium club and suite upgrades, and convenient technology to increase speed of service.

Sasha Day has been named President and CEO of ARAMARK Destinations, effective immediately, it was announced today by Marc Bruno, Aramark COO, US Food & Facilities. In her new role, Day will lead Aramark’s operations in National Parks, cultural landmarks, hotels, and conference centers across the country. Bruce Fears, who first joined Aramark in 1974, and most recently served as President and CEO of Aramark Destinations, has announced his retirement, effective in December.

Aramark (NYSEARMK), today announced that it has completed the spin-off of Vestis Corporation (“Vestis”), which holds Aramark’s uniform and workplace supplies business. Vestis is now an independent public company. Aramark will continue to trade on the New York Stock Exchange (the “NYSE”) under the symbol “ARMK” and, effective today, Vestis will begin “regular-way” trading on the NYSE under the symbol “VSTS.”

Aramark (NYSEARMK), a global leader in food, facilities management and uniforms, announced that the Company’s Chief Financial Officer, Tom Ondrof, and Chief Operating Officer, International, Carl Mittleman, will participate in Citi’s 2023 Growth Conference in London on September 15, 2023, with a featured Fireside Chat session beginning at 11:20 a.m. BST / 6:20 a.m. EDT.

Aramark (NYSEARMK), a global leader in food, facilities management, and uniforms, today announced that its Board of Directors approved the previously announced tax-free spin-off transaction of its uniforms and workplace supplies business, which will be named Vestis. The spin-off is expected to be completed on September 30, 2023, and will be effected through a pro rata distribution of the common stock of Vestis Corporation (“Vestis”).

Aramark (NYSEARMK), a global leader in food, facilities management, and uniforms, today announced that Vestis™ will be the name of the new company to be created through the expected spin-off of its uniform services business. This follows Aramark’s previously announced plan to separate Aramark Uniform Services (AUS) to create an independent, publicly traded company.

Aramark (NYSEARMK), a global leader in food, facilities management and uniforms, today announced the appointment of Chris Synek as Chief Operating Officer (COO) of Aramark Uniform Services, effective September 11, 2023, to support the company in delivering its plan to accelerate profitable growth as it approaches the planned spin-off of the uniforms business, anticipated to occur at the end of September.

Aramark (NYSEARMK), the largest U.S.-based food service company, is pleased to announce 16 chefs have graduated from the prestigious ProChef® certification program at The Culinary Institute of America (CIA). The graduating chefs drive Aramark’s culinary programs and create the menus served at colleges, universities, professional sports arenas, convention centers, and hospitals across the United States and in Canada.

Aramark (NYSEARMK) today announced that a Form 10 registration statement was filed with the U.S. Securities and Exchange Commission (“SEC”) in connection with the previously announced spin-off of Aramark Uniform Services into a standalone publicly traded company. The Form 10 was filed by Epic NewCo, Inc., which will hold Aramark Uniform Services upon the completion of the spin-off.

Aramark (NYSEARMK), a global provider of hospitality, facilities, and uniform services in 19 countries, has been named one of the "Best Companies for Diversity, Equity & Inclusion (DEI)” by BLACK ENTERPRISE, the top Black digital media brand and premier business and financial resource for African Americans.

Aramark (NYSEARMK) today announced the pricing of the previously announced underwritten secondary offering (the “Offering”) of 21,262,245 shares of its common stock offered for sale by a selling stockholder that is a counterparty to a derivative sale agreement with an affiliate of Mantle Ridge LP at a public offering price of $39.75 per share. Aramark is not selling any shares of its common stock in the Offering and will not receive any proceeds from the Offering. The Offering is expected to close on or about August 11, 2023, subject to customary closing conditions.

Aramark (NYSEARMK) today announced the commencement of an underwritten secondary offering (the “Offering”) of 21,262,245 shares of its common stock offered for sale by a selling stockholder that is a counterparty to a derivative sale agreement with an affiliate of Mantle Ridge LP. Aramark is not selling any shares of its common stock in the Offering and will not receive any proceeds from the Offering.

Aramark (NYSEARMK), a global leader in food, facilities management and uniforms, today announced the Board of Directors for Aramark Uniform Services (AUS), the independent public company that will be formed following the spin-off. The transaction is expected to be completed at the end of the Company’s fiscal year and is intended to be tax-free to Aramark and its stockholders.

Aramark (NYSEARMK) today reported third quarter fiscal 2023 results.

Each college campus is as unique as its medley of students, and this Fall Aramark (NYSEARMK) is offering innovative new ordering technologies and food concepts, designed with industry and campus-specific data, to deliver dining programs that engage and ground students.

Aramark’s (NYSEARMK) Board of Directors approved a quarterly dividend of 11 cents per share of common stock payable on August 29, 2023 to stockholders of record at the close of business on August 16, 2023.

Student voices take priority as Aramark (NYSEARMK) gears up for a new school year. Aramark Student Nutrition is returning with a refreshed platform for student engagement—SN Insights 360—and a holistic strategy to link the feedback with its nutrition and culinary programs to offer healthy, great-tasting options for the new school year.

Aramark and BLK & Bold, the first Black-owned nationally distributed coffee brand in the U.S., have reached a multi-year agreement that will make the company’s lineup of hot and cold coffee products available to Aramark Refreshments clients this year.

Aramark (NYSEARMK), a global leader in food, facilities management and uniforms, announced that it will host a conference call to review its third quarter fiscal 2023 results on Tuesday, August 8, 2023 at 8:30 a.m. ET. A news release containing the results will be issued before the call.

Aramark (NYSEARMK), a global provider of hospitality, facilities, and uniform services in 19 countries, today announced it earned a score of 100 on the Disability Equality Index® (DEI), a joint initiative of the American Association of People with Disabilities (AAPD) and Disability:IN. With this top-score, Aramark is recognized as a “Best Place to Work for Disability Inclusion,” for the seventh consecutive year.

Aramark (NYSEARMK), a global provider of hospitality, facilities, and uniform services in 19 countries, has been named a 2023 honoree of The Civic 50 Greater Philadelphia, by Philadelphia Foundation in partnership with Points of Light and local partners, which showcases how employers use their time, skills, and resources to drive social impact in their business and community.

Aramark (NYSEARMK), a global leader in food, facilities management and uniforms, announced today the successful allocation of a $1.1 billion debt refinancing of the Company’s 2025 Term Loan B which is expected to close by the end of June 2023. The transaction is net leverage neutral, maintains comparable fixed-to-floating debt levels, and extends the debt maturity by more than five years to June 2030.

Aramark (NYSEARMK), a global leader in food, facilities management and uniforms, announced that members of its executive management team are participating in the following upcoming investor conferences:

Aramark (NYSEARMK), the largest U.S.-based food service company, is pleased to announce 26 chefs from its Collegiate Hospitality group have graduated from the prestigious CIA ProChef® certification, a training and professional development program from CIA Consulting, a division of The Culinary Institute of America. The graduating chefs drive Aramark’s culinary programs and create the menus served at colleges and universities across the United States.

Aramark (NYSEARMK), a global leader in food, facilities management, and uniforms has entered a new national brand agreement with Bean Sprouts, a hip and healthy national café chain with a unique and whimsical focus on children. The first location is operating at Children’s National Hospital in Washington, D.C., ranked #5 children’s hospital in the country by U.S. News & World Report, it was announced today.

Aramark (NYSEARMK) today reported second quarter fiscal 2023 results.

Aramark (NYSEARMK), a global provider of hospitality, facilities, and uniform services in 19 countries, today announced it was ranked number 40 on DiversityInc’s 2023 Top 50 Companies for Diversity list, up five spots from last year’s ranking. This is the seventh consecutive year Aramark appeared on the Top 50 list. For the first time, the company was also ranked on the Top Companies for Supplier Diversity list, at number 20.

Aramark’s (NYSEARMK) Board of Directors approved a quarterly dividend of 11 cents per share of common stock payable on May 31, 2023 to stockholders of record at the close of business on May 17, 2023.

Aramark (NYSEARMK) the provider of food, facilities, and uniform services in 19 countries around the world, will celebrate its 10th annual global day of service, Aramark Building Community Day (ABC Day), on Thursday, April 27. ABC Day engages thousands of volunteers, from 13 countries, who dedicate their time, energy, and expertise to service projects in their local neighborhoods.