Recent Updates — ARMK
Aramark reported third-quarter fiscal 2026 results for the period ended July 3, 2026. Consolidated revenue increased 9% year-over-year to $5.1 billion, driven by broad-based net new business and base momentum. Operating income rose 18% to $216 million, while adjusted operating income grew 13%. GAAP earnings per share increased 34% to $0.36, and adjusted EPS rose 29% to $0.52. The company raised its full-year organic revenue growth outlook to +9% to +10%, reaffirmed guidance for adjusted operating income and adjusted EPS, and maintained a leverage ratio target under 3x. Aramark operates in the food and facilities management industry.
On August 4, 2026, Aramark's Board of Directors increased the board size to twelve members and elected Antony F. Spring as a director. Mr. Spring, age 61, currently serves as Chairman and CEO of Macy’s, Inc., having held various executive roles there since 2014. He will serve until his successor is elected and qualified, with committee assignments pending. This appointment represents a significant governance change involving the addition of an experienced retail leader to the board. Aramark operates in the food services and facilities management industry.